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DraftKings vs StubHub Holdings: DKNG and STUB compared
DraftKings is the larger company: $1.3B of revenue in its latest quarter (Q3 2026) against $573M for StubHub Holdings (Q2 2026). StubHub Holdings is growing faster (+33% against +16% a year earlier). StubHub Holdings is more profitable, with an operating margin of 3.4% against -37.1%.
Where the money goes: DKNG and STUB
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.
StubHub Holdings (STUB) · Q2 2026
StubHub Holdings, Q2 2026: revenue $573M (+33% year over year), operating margin 3.4%, net earnings $14.6M, operating cash flow $322M. The chart follows the revenue to costs, profit and cash.
| DraftKings (DKNG) | StubHub Holdings (STUB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $1.3B | $573M |
| Revenue growth, Y/Y | +16% | +33% |
| Operating margin | -37.1% | 3.4% |
| Net earnings | −$469M | $14.6M |
| Net margin | -35.3% | 2.5% |
| Operating cash flow | $25K | $322M |
| Free cash flow | — | $310M |
| Market value | $9.0B | $2.3B |
| Analysts’ mean target | $31.62 | $10.29 |
Where the revenue comes from
DraftKings
- Sports: $784M (59%)
- iGaming: $461M (35%)
- Other: $84.5M (6%)
StubHub Holdings
- Transaction fees: $562M (98%)
- Other revenue: $10.9M (2%)
Questions
Which is bigger, DraftKings or StubHub Holdings?
DraftKings is the larger company: $1.3B of revenue in its latest quarter (Q3 2026) against $573M for StubHub Holdings (Q2 2026).
Is DraftKings or StubHub Holdings growing faster?
StubHub Holdings is growing faster (+33% against +16% a year earlier).
Which is more profitable, DraftKings or StubHub Holdings?
StubHub Holdings is more profitable, with an operating margin of 3.4% against -37.1%.
More: DraftKings earnings · how DraftKings makes money · StubHub Holdings earnings · how StubHub Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.