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Walt Disney vs DraftKings: DIS and DKNG compared
Walt Disney is the larger company: $25.2B of revenue in its latest quarter (Q3 FY26) against $1.3B for DraftKings (Q3 2026). DraftKings is growing faster (+16% against +7% a year earlier). Walt Disney is more profitable, with an operating margin of 22.0% against -37.1%.
Where the money goes: DIS and DKNG
Walt Disney (DIS) · Q3 FY26
Walt Disney, Q3 FY26: revenue $25.2B (+7% year over year), operating margin 22.0%, net earnings $2.6B, operating cash flow $4.9B. The chart follows the revenue to costs, profit and cash.
DraftKings (DKNG) · Q3 2026
DraftKings, Q3 2026: revenue $1.3B (+16% year over year), operating margin -37.1%, net loss $469M, operating cash flow $25K. The chart follows the revenue to costs, profit and cash.
| Walt Disney (DIS) | DraftKings (DKNG) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q3 2026 |
| Revenue | $25.2B | $1.3B |
| Revenue growth, Y/Y | +7% | +16% |
| Operating margin | 22.0% | -37.1% |
| Net earnings | $2.6B | −$469M |
| Net margin | 10.4% | -35.3% |
| Operating cash flow | $4.9B | $25K |
| Free cash flow | $3.1B | — |
| Market value | $203.5B | $9.0B |
| P/E | 22.0× | — |
| Analysts’ mean target | $126.83 | $31.62 |
Where the revenue comes from
Walt Disney
- Service: $22.7B (90%)
- Content Sales: $1.6B (6%)
- Merchandise licensing: $974M (4%)
DraftKings
- Sports: $784M (59%)
- iGaming: $461M (35%)
- Other: $84.5M (6%)
Questions
Which is bigger, Walt Disney or DraftKings?
Walt Disney is the larger company: $25.2B of revenue in its latest quarter (Q3 FY26) against $1.3B for DraftKings (Q3 2026).
Is Walt Disney or DraftKings growing faster?
DraftKings is growing faster (+16% against +7% a year earlier).
Which is more profitable, Walt Disney or DraftKings?
Walt Disney is more profitable, with an operating margin of 22.0% against -37.1%.
More: Walt Disney earnings · how Walt Disney makes money · DraftKings earnings · how DraftKings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 5, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.