SuperworthDraftKings DKNG
- Market cap
- $18.6B
- PE
- n/m
- a loss over the last year
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 3.0×
- EV/EBIT
- n/m
- a loss over the last year
- Revenue, 12 months
- $6.2B
- +15% on a year ago
- Net margin
- −2.7%
- Free cash flow yield
- 3.5%
DraftKings trades at 3.0× sales. Its trailing earnings are negative, so it has no PE. Revenue was $6.2B over the last twelve months, up 15% on a year earlier with a −3% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $790M+57% | $1.2B+44% | $1.2B+53% | $1.1B+26% | $1.1B+39% | $1.4B+13% | $1.4B+20% | $1.5B+37% | $1.1B+4% | $2B+43% | $1.6B+17% | $1.4B−5% | |
| Cost of revenue | $543.5M+46% | $716.7M+48% | $710.1M+36% | $663.4M+30% | $742.4M+37% | $834.6M+17% | $843.8M+19% | $854.6M+29% | $784.1M+6% | $1.1B+29% | $949.4M+13% | $891.8M+4% |
| Gross profit | $246.5M+91% | $514.2M+39% | $464.9M+88% | $441M+21% | $353.1M+43% | $558.1M+9% | $565M+22% | $657.9M+49% | $359.9M+2% | $914.7M+64% | $696.7M+23% | $551.5M−16% |
| SG&A | $444.1M−13% | $469.9M−9% | $515M−6% | $380.8M+11% | $548.1M+23% | $585.2M+25% | $508.1M−1% | $398.9M+5% | $517.1M−6% | $629.4M+8% | $567.7M+12% | $492M+23% |
| −$286.6M−37% | −$43.8M−81% | −$138.8M−64% | −$32.4M−53% | −$298.6M+4% | −$139.2M+218% | −$46.3M−67% | $150.6M | −$271.9M−9% | $151.8M | $5.8M | −$68.2M | |
| Interest expense | $670K+0% | $688K+3% | $649K−1% | $678K+2% | $872K+30% | $760K+11% | $5.1M+685% | $11.6M+1617% | n/a | n/a | n/a | n/a |
| Pre-tax income | −$281.8M−37% | −$37.5M−84% | −$143.2M−64% | −$9.5M−88% | −$294.9M+5% | −$145.5M+288% | −$39.4M−73% | $169.9M | −$270.5M−8% | $147M | $22.9M | −$71.9M |
| $1.3M−59% | $6.9M−29% | −$351K | −$73.6M | −$1.3M | −$11.1M | −$5.6M+1495% | $11.8M | −$12.1M+838% | $10.1M | $6.4M | −$1.8M | |
| Net income | −$283.1M−37% | −$44.6M−82% | −$142.6M−64% | $63.8M | −$293.7M+4% | −$134.9M+202% | −$33.9M−76% | $157.9M+148% | −$256.8M−13% | $136.4M | $21.1M | −$67.6M |
| −$0.61−39% | −$0.10−82% | −$0.30−66% | $0.10 | −$0.60−2% | −$0.28+180% | −$0.07−77% | $0.30+200% | −$0.52−13% | $0.27 | $0.03 | −$0.14 | |
| 464.8M+4% | 468.1M+4% | 474.2M+4% | 518.8M+12% | 486.2M+5% | 487.8M+4% | 493.3M+4% | 529.5M+2% | 496.6M+2% | 496.2M+2% | 510.6M+4% | 496.1M−6% |
Revenue: Q1 FY19: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY19: 6 months less the 3 months printed beside them.
Gross profit: Q1 FY19: 6 months less the 3 months printed beside them. 29 periods, Q2 FY19 to Q2 FY26: not printed by the filing, worked out from its own lines.
SG&A: Q1 FY19: 6 months less the 3 months printed beside them.
Operating income: Q1 FY19: 6 months less the 3 months printed beside them.
Pre-tax income: Q1 FY19: 6 months less the 3 months printed beside them.
Income tax: Q1 FY19: 6 months less the 3 months printed beside them.
Net income: Q1 FY19: 6 months less the 3 months printed beside them.
EPS, diluted: 8 periods, Q1 FY19 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q1 FY19: share-days: the 6-month average less the second quarter's. Q4 FY19: a loss quarter: its basic count, share-days: the 9-month average less the 6-month, weighted by days. 5 periods, Q4 FY20 to Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY25: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Entertainment nearest DraftKings' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| DKNGDraftKings | $18.6B | n/m | 363× | n/m | 3.0× | +15% | −2.7% |
| WMGWarner Music | $16.1B | 17.2× | 22.8× | n/m | 2.2× | +13% | 9.2% |
| FWONKLiberty Media | $22.4B | n/m | 20.6× | 42.0× | 5.2× | +12% | 9.4% |
| ROKURoku | $23.5B | 67.8× | 101× | 48.7× | 4.5× | +19% | 6.8% |
| FOXAFox | $27.9B | 17.3× | 13.7× | 11.2× | 1.6× | +5% | 9.8% |
| TKOTKO | $32.8B | 60.7× | 81.4× | n/m | 6.2× | +5% | 4.3% |
| LYVLive Nation Entertainment | $40.9B | n/m | 92.2× | 149× | 1.6× | +11% | 0.5% |
| CHDNChurchill Downs | $5.8B | 14.4× | 22.6× | n/m | 2.0× | +6% | 13.8% |
| MTNVail Resorts | $5.2B | 35.4× | 32.2× | n/m | 1.8× | −4% | 5.2% |
| NXSTNexstar Media | $5.2B | 32.2× | 10.8× | n/m | 0.9× | +11% | 3.2% |
| CNKCinemark | $4.6B | 21.9× | 17.1× | n/m | 1.4× | +5% | 6.4% |
| Peer median | $19.3B | 27.0× | 22.7× | 45.4× | 1.9× | +8% | 6.6% |
Investors who own it
Investors we follow who held DraftKings at the end of Jun 30, 2026, from their 13F filings.
- Cathie WoodARK Investment Management0.2% of portfoliotrimmed
- Baillie GiffordBaillie Gifford0.2% of portfoliotrimmed
- Ron BaronBaron Capital0.1% of portfoliotrimmed
More on DraftKings
Each number over time
- PE ratio
- Price to sales ratio
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Entertainment
- Sector
- Communication Services
Valuation data, not investment advice. Prices as of .