Filing Flows › DraftKings (DKNG) › Q3 2026 › vs Q2 2026
DraftKings (DKNG) Q3 2026 vs Q2 2026 (quarter over quarter)
DraftKings's revenue fell $114M (-8%) from $1.4B in Q2 2026 to $1.3B in Q3 2026. The biggest changes: Sports −$108M (-12%); Other −$4.9M (-5%); iGaming −$1.0M (-0.2%).
DraftKings, Q3 2026: revenue $1.3B (+16% year over year), operating margin -37.1%, net loss $469M, operating cash flow $25K. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Sports | $784M | $892M | −$108M | -12% |
| iGaming | $461M | $462M | −$1.0M | -0.2% |
| Other | $84.5M | $89.4M | −$4.9M | -5% |
| Revenue | $1.3B | $1.4B | −$114M | -8% |
| Other income, net | $31.7M | −$1.2M | $32.9M | — |
| Net loss | $469M | $67.6M | $401M | +593% |
| Costs & expenses | $1.8B | $1.5B | $317M | +21% |
| Operating costs | $1.8B | $1.5B | $311M | +21% |
| Income tax | $7.3M | −$1.8M | $9.1M | — |
| Cost of revenue | $900M | $892M | $8.2M | +0.9% |
| Sales & marketing | $606M | $323M | $283M | +88% |
| General & admin | $179M | $169M | $9.7M | +6% |
| Other operating costs | $137M | $128M | $9.7M | +8% |
| Operating cash sources | $469M | $179M | $290M | +162% |
| Depreciation & amortization | $77.4M | $80.3M | −$3.0M | -4% |
| Share-based compensation | $86.0M | $82.6M | $3.5M | +4% |
| Working capital & other | $305M | $16.2M | $289M | 19× |
| Net loss absorbed | $469M | $67.6M | $401M | +593% |
| Operating cash flow | $25K | $111M | −$111M | -100% |
| Capital expenditures | $43.8M | $4.6M | $39.2M | +854% |
| Negative free cash flow (OCF − capex) | $43.7M | −$107M | $151M | — |
Questions
How much did DraftKings's revenue grow quarter over quarter in Q3 2026?
DraftKings's revenue fell $114M (-8%) from $1.4B in Q2 2026 to $1.3B in Q3 2026.
What drove DraftKings's revenue change in Q3 2026?
Sports −$108M (-12%); Other −$4.9M (-5%); iGaming −$1.0M (-0.2%).