DraftKings has demonstrated a clear profitability inflection, with Q4 2025 achieving a 7.6% operating margin and $151.8M operating income, yet this progress is undermined by persistent quarterly volatility and a deteriorating balance sheet.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth decelerated to -4.6% in Q2 2026 from 16.8% in Q1, with gross margins fluctuating between 31.5% and 46.0% over ten quarters, reflecting structural cost pressures from state taxes and promotional spend.
The company is experiencing rapid revenue growth, driven by strong demand for its sports betting and casino platform.
DraftKings is showing expanding EBITDA margins, indicating improving profitability and operational efficiency.
The company has demonstrated disciplined expense management, contributing to its path toward profitability.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | -$0.53-29.2% vs -$0.41 | $1.3B-4.6% vs $1.4B |
Q3 2026 Aug 6, 2026 | -$0.14-741.6% vs $0.02 | $1.4B-4.7% vs $1.5B |
Q2 2026 May 7, 2026 | $0.20-9.1% vs $0.22 | $1.6B+0.9% vs $1.6B |
Q1 2026 Feb 12, 2026 | $0.36+0.0% vs $0.36 | $2.0B-0.0% vs $2.0B |
DraftKings (NASDAQ:DKNG | DKNG Price Prediction) shares fell as low as $16.55 on November 6, 2026, down 29.6% from the $23.52 prior close.
A brutal earnings miss sent DraftKings spiraling, but most retirement portfolios will barely notice. One narrow thematic fund could take a far deeper hit, and a bet on prediction markets explains why the damage may not be over.
Shares of the online betting platform slid more than 26% on Friday, as analysts worry about regulation and competition.
DraftKings (DKNG) closed the most recent trading day at $21.23, moving +1.53% from the previous trading session.
Benchmark DKNG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for DraftKings Inc. (DKNG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $18.51 | $9.18B | -24.28 | 26.99% | -5.91% | -76.32% | — | |
| $81.70 | $14.17B | -16.03 | 16.62% | -5.2% | -9.69% | — | |
| $12.28 | $1.48B | 39.37 | 22.76% | 2.56% | 11.39% | — | |
| $17.43 | $2.33B | -256.70 | 5.82% | -0.13% | -0.5% | — | |
| $32.34 | $8.14B | 11.73 | 1.72% | 3.92% | 20.79% | — | |
| $29.23 | $5.95B | -11.19 | 2.14% | -4.55% | -14.93% | — |
DraftKings Inc. (DKNG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
DraftKings Inc. (DKNG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 7, 2026·SEC
Jun 26, 2026·SEC
Jun 9, 2026·SEC
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DraftKings Inc. (DKNG) stock FAQ — growth, dividends, profitability & financials explained
DraftKings Inc. (DKNG) reported $6.41B in revenue over the trailing twelve months. Revenue was $6.05B in fiscal year 2025. That is 3056% more than the $191.8M of fiscal year 2017.
DraftKings Inc. (DKNG) grew revenue by 17.4% over the trailing twelve months, compared with the twelve months before.
No. DraftKings Inc. (DKNG) reported a net loss of $378.8M over the trailing twelve months.
DraftKings Inc. (DKNG) had a return on equity (ROE) of -76.3% over the trailing twelve months. A negative ROE means the company lost money over the period.
DraftKings Inc. (DKNG) generated $324.1M in free cash flow over the trailing twelve months.
