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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 69.36% of companies in Consumer Cyclical sector

Gross Margin Chart

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Performance

DKNG Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin41.25%+8.2%+22.2%-5.4%-50.6%
Quarterly Gross Margin45.98%+14.8%+6.4%-9.1%
Price$22.31-54.9%+8.6%-63.4%
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 69.36% 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 Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1883685/000188368526000013/0001883685-26-000013-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1883685/000188368526000013/0001883685-26-000013-index.htm
  4. DKNG Profile on Yahoo Finance finance.yahoo.com/quote/DKNG
  5. DKNG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/dkng