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How DraftKings (DKNG) makes money
DraftKings (DKNG) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier. Sports brought in $784M (59%); iGaming brought in $461M (35%); Other brought in $84.5M (6%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Sports | $784M | 59.0% | -12% | +31% |
| iGaming | $461M | 34.7% | -0.2% | +2% |
| Other | $84.5M | 6.4% | -5% | -13% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.3B | 100.0% |
| Income tax | $7.3M | 0.5% |
| Operating cash flow | $25K | 0.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.3B | +16% |
| Q2 2026 | $1.4B | -5% |
| Q1 2026 | $1.6B | +17% |
| Q4 2025 | $2.0B | +43% |
| Q3 2025 | $1.1B | +4% |
| Q2 2025 | $1.5B | +37% |
| Q1 2025 | $1.4B | +20% |
From DraftKings' 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does DraftKings make money?
DraftKings (DKNG) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +16% from a year earlier. Sports brought in $784M (59%); iGaming brought in $461M (35%); Other brought in $84.5M (6%).
What is DraftKings' biggest business?
Sports: $784M in the third quarter 2026, 59% of revenue, +31% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.