DraftKings Inc. (DKNG) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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DKNG Revenue Growth
Revenue Breakdown (FY 2025)
DKNG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
DKNG Revenue Analysis (2017–2025)
As of May 8, 2026, DraftKings Inc. (DKNG) generated trailing twelve-month (TTM) revenue of $6.05 billion, reflecting explosive growth of +42.8% year-over-year. The most recent quarter (Q4 2025) recorded $1.99 billion in revenue, up 73.9% sequentially.
Looking at the longer-term picture, DKNG's 5-year compound annual growth rate (CAGR) stands at +58.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $6.05 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows DKNG's business is primarily driven by Product and Service, Other (100%). With over half of revenue concentrated in Product and Service, Other, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including FLUT (+18.9% YoY), RSI (+28.2% YoY), and PENN (+5.8% YoY), DKNG has outperformed the peer group in terms of revenue growth. Compare DKNG vs FLUT →
DKNG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DKNGCurrent | $6.1B | +42.8% | +58.0% | -0.3% | |
 FLUT | $16.4B | +18.9% | +22.1% | 6.3% | |
 RSI | $1.1B | +28.2% | +32.4% | 7.7% | |
 PENN | $7.0B | +5.8% | +14.2% | 3.9% | |
 MGM | $17.5B | +3.4% | +29.0% | 5.7% | |
 CZR | $11.5B | +2.3% | +25.9% | 18.1% |
DKNG Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.05B | +27.0% | $2.50B | 41.3% | $-15,817,000 | -0.3% |
| 2024 | $4.77B | +30.1% | $1.82B | 38.1% | $-608,999,000 | -12.8% |
| 2023 | $3.67B | +63.6% | $1.37B | 37.5% | $-789,225,000 | -21.5% |
| 2022 | $2.24B | +72.9% | $756.2M | 33.8% | $-1,511,756,000 | -67.5% |
| 2021 | $1.30B | +110.9% | $501.9M | 38.7% | $-1,561,617,000 | -120.5% |
| 2020 | $614.5M | +90.0% | $267.9M | 43.6% | $-843,256,000 | -137.2% |
| 2019 | $323.4M | +42.9% | $219.5M | 67.9% | $-146,545,000 | -45.3% |
| 2018 | $226.3M | +17.9% | $177.6M | 78.5% | $-76,781,000 | -33.9% |
| 2017 | $191.8M | - | $160.1M | 83.5% | $-73,198,000 | -38.2% |
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Start ComparisonDKNG — Frequently Asked Questions
Quick answers to the most common questions about buying DKNG stock.
Is DKNG's revenue growth accelerating or slowing?
DKNG revenue is accelerating at +42.8% year-over-year, exceeding the 5-year CAGR of +58.0%. TTM revenue reached $6.1B. Growth momentum has increased versus prior periods.
What is DKNG's long-term revenue growth rate?
DraftKings Inc.'s 5-year revenue CAGR of +58.0% reflects the sustained expansion pattern. Current YoY growth of +42.8% is above this long-term average.
How is DKNG's revenue distributed by segment?
DKNG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.