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DraftKings Inc. logo

DraftKings Inc. (DKNG) Gross Margin

Annual Gross Margin

41.25%3.14%+8.24%

Summary

Current Value
As of today, DKNG annual gross margin is 41.25%, up +8.24% on
Historical Performance
DKNG annual gross margin is up +22.22% over the past 3 years, down -5.39% over the past 5 years
All-Time High Comparison
DKNG annual gross margin is currently -50.57% below its historical high of 83.45% set on
3-Year Low Comparison
DKNG annual gross margin is +22.22% above its 3-year low of 33.75% reached on an earlier date
Sector Comparison
DKNG annual gross margin is higher than 70.62% of companies in Consumer Cyclical sector

Gross Margin Chart

SUGGESTED SERIES

Performance

DKNG Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin41.25%+8.2%+22.2%-5.4%-50.6%
Quarterly Gross Margin38.21%-12.2%-8.3%+2.8%
Price$26.17-43.2%-4.1%-49.7%
PE Ratio-
Annual Revenue$6.05B+27.0%+170.2%+885.2%+3056.0%
Annual Gross Profit$2.50B+37.5%+230.3%+832.1%+1460.1%
Annual Operating Margin-0.26%+97.5%+99.6%+99.8%+99.3%
Annual Net Margin0.06%+100.6%+100.1%+100.0%+100.2%

Gross Margin Highs

DKNG Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y41.25%at high
5Y43.60%N/A-5.4%
All83.45%-50.6%

Gross Margin Lows

DKNG Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y33.75%N/A+22.2%
5Y33.75%+22.2%
All33.75%+22.2%

Gross Margin History

YearValueChange
41.25%+8.2%
38.11%+1.7%
37.46%+11.0%
33.75%-12.8%
38.72%-11.2%
YearValueChange
43.60%-35.8%
67.88%-13.5%
78.48%-6.0%
83.45%-

FAQ

What is the current annual gross margin of DKNG?
As of today, DKNG annual gross margin is 41.25%
What is 1-year change in DKNG annual gross margin?
DKNG annual gross margin is up +8.24% year-over-year
What is 3-year change in DKNG annual gross margin?
DKNG annual gross margin is up +22.22% over the past 3 years
How far is DKNG annual gross margin from its all-time high?
DKNG annual gross margin is currently -50.57% below its historical high of 83.45% set on December 31, 2017
How does DKNG annual gross margin rank versus sector peers?
DKNG annual gross margin is higher than 70.62% of companies in Consumer Cyclical sector
When is DKNG next annual earnings release?
As of today, the next annual earnings release for DKNG has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. DKNG Official Website www.draftkings.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1883685/000188368526000013/0001883685-26-000013-index.htm
  3. DKNG Profile on Yahoo Finance finance.yahoo.com/quote/DKNG
  4. DKNG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/dkng