Filing Flows › DraftKings (DKNG) › Q3 2026 › vs Q3 2025
DraftKings (DKNG) Q3 2026 vs Q3 2025 (year over year)
DraftKings's revenue rose $185M (+16%) from $1.1B in Q3 2025 to $1.3B in Q3 2026. The biggest changes: Sports +$188M (+31%); Other −$12.1M (-13%); iGaming +$9.6M (+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 Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Sports | $784M | $596M | $188M | +31% |
| iGaming | $461M | $451M | $9.6M | +2% |
| Other | $84.5M | $96.6M | −$12.1M | -13% |
| Revenue | $1.3B | $1.1B | $185M | +16% |
| Other income, net | $31.7M | $3.0M | $28.6M | +943% |
| Net loss | $469M | $257M | $212M | +83% |
| Costs & expenses | $1.8B | $1.4B | $414M | +29% |
| Operating costs | $1.8B | $1.4B | $406M | +29% |
| Income tax | $7.3M | −$12.1M | $19.3M | — |
| Cost of revenue | $900M | $784M | $116M | +15% |
| Sales & marketing | $606M | $360M | $245M | +68% |
| General & admin | $179M | $157M | $22.3M | +14% |
| Other operating costs | $137M | $115M | $22.7M | +20% |
| Operating cash sources | $469M | $544M | −$75.5M | -14% |
| Depreciation & amortization | $77.4M | $66.1M | $11.3M | +17% |
| Share-based compensation | $86.0M | $72.5M | $13.6M | +19% |
| Working capital & other | $305M | $406M | −$100M | -25% |
| Net loss absorbed | $469M | $257M | $212M | +83% |
| Operating cash flow | $25K | $287M | −$287M | -100% |
| Capital expenditures | $43.8M | $4.4M | $39.3M | +887% |
| Negative free cash flow (OCF − capex) | $43.7M | −$283M | $327M | — |
Questions
How much did DraftKings's revenue grow year over year in Q3 2026?
DraftKings's revenue rose $185M (+16%) from $1.1B in Q3 2025 to $1.3B in Q3 2026.
What drove DraftKings's revenue change in Q3 2026?
Sports +$188M (+31%); Other −$12.1M (-13%); iGaming +$9.6M (+2%).