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DraftKings Inc. logo

DraftKings Inc. (DKNG) Gross Margin

Annual Gross Margin

38.11%0.65%+1.74%

Summary

Current Value
As of today, DKNG annual gross margin is 38.11%, up +1.74% on
Historical Performance
DKNG annual gross margin is down -1.58% over the past 3 years, and down -43.86% over the past 5 years
All-Time High Comparison
DKNG annual gross margin is currently -54.33% below its historical high of 83.45% set on
3-Year Low Comparison
DKNG annual gross margin is +12.92% above its 3-year low of 33.75% reached on an earlier date
Sector Comparison
DKNG annual gross margin is higher than 62.65% of companies in Consumer Cyclical sector

Gross Margin Chart

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Performance

DKNG Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin38.11%+1.7%-1.6%-43.9%-54.3%
Quarterly Gross Margin31.46%-2.4%+22.2%+15.2%
Price$35.17-8.3%+191.4%-32.4%
PE Ratio-
Annual Revenue$4.77B+30.1%+267.9%+1374.2%+2385.2%
Annual Gross Profit$1.82B+32.3%+262.1%+727.8%+1035.0%
Annual Operating Margin-12.77%+40.7%+89.4%+71.8%+66.5%
Annual Net Margin-10.64%+51.4%+91.0%+75.9%+73.0%

Gross Margin Highs

DKNG Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y38.11%at high
5Y43.60%N/A-12.6%
All83.45%-54.3%

Gross Margin Lows

DKNG Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y33.75%N/A+12.9%
5Y33.75%+12.9%
All33.75%+12.9%

Gross Margin History

YearValueChange
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 38.11%

  • What is 1-year change in DKNG annual gross margin?

    DKNG annual gross margin is up +1.74% year-over-year

  • What is 3-year change in DKNG annual gross margin?

    DKNG annual gross margin is down -1.58% over the past 3 years

  • How far is DKNG annual gross margin from its all-time high?

    DKNG annual gross margin is currently -54.33% 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 62.65% of companies in Consumer Cyclical sector

  • When is DKNG next annual earnings release?

    The next annual earnings release for DKNG is on

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/1883685/000188368525000038/0001883685-25-000038-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1883685/000188368525000010/0001883685-25-000010-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