What is the 13F Pro Quality Score for DKNG?

13F Pro ranks DraftKings Inc. (DKNG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View DKNG's current score at https://13fpro.ai/research/DKNG (free sign-up required for the full ranking).

Which hedge funds own the most DKNG stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of DKNG include BlackRock,, Capital World Investors, AQR CAPITAL MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/DKNG as soon as new 13F filings post.

Where does 13F Pro source DKNG data?

All DraftKings Inc. fundamentals and ownership data come directly from SEC EDGAR. DraftKings Inc. files with the SEC under CIK 1883685. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is DKNG in?

DraftKings Inc. (DKNG) is classified in the Communication Services sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/communication-services.

How often is DKNG research updated on 13F Pro?

DKNG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

DraftKings Inc.(DKNG)Stock Analysis

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Communication Services →Nasdaq

Institutional-grade research for retail investors

SEC EDGAR: CIK 1883685 DKNG stock profile & AI dashboard →

13F Pro Quality Score

54.0/100

Rank #1,242 of 2,879 stocksTOP 50%

View Communication Services peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

85.3/100

Profitability

47.7/100

Balance Sheet

28.5/100

Earnings Quality

30.0/100

Free Cash Flow

50.0/100

Institutional Flow

18.3/100

Revenue Scale

79.8/100

Dilution Risk

24.2/100

DKNG Stock Analysis & AI Quality Score

AI stock analysis and institutional research for DraftKings Inc. (DKNG), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores DKNG at 54.0/100 on a 32-signal composite quality model, placing it at rank #1,242 of 2,879 stocks — the top half of the AI-ranked universe. DKNG scores in the top quartile across revenue growth (85.3), revenue scale (79.8). Areas of concern include institutional flow (18.3) and balance sheet strength (28.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 24.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), DraftKings Inc. reports quarterly revenue of $1.6B, net income of $21.1M, an operating margin of 0.4%. Top institutional holders of DKNG by reported 13-F value include BlackRock,, Capital World Investors, AQR CAPITAL MANAGEMENT, based on the most recent SEC filings. DKNG trades on the Nasdaq exchange and files with the SEC under CIK 1883685. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DKNG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DraftKings Inc. directly from SEC EDGAR.

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Fun facts about DraftKings Inc.

Quirks, history, and lore behind DKNG — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. technology-enabled gaming company · listed on Nasdaq · headquartered in Boston, Massachusetts · operates in a heavily regulated industry.
2
The Numbers
Annual revenue in the multi-billion dollar range and growing fast, yet the company spent years burning cash to chase market share — profitability was the last thing on the menu.
3
The History
Founded around 2012, it caught its big break when the U.S. Supreme Court struck down a federal law in 2018, suddenly legalizing what it was built to do across most of the country.
4
The Secret
It makes money whether your team wins or loses — its core business is collecting the house edge on millions of bets placed by people who are very confident they've cracked the algorithm.
5
The Lore
It once ran a daily fantasy sports platform as its main product before pivoting hard into mobile sports betting — and now runs its own online casino vertical too.
6
The Giveaway
Its green-and-black app is on the phone of roughly every sports fan who thinks they can pick Sunday's winner — the fantasy sports giant turned sportsbook that put a ticker on your touchdown.

▶ Think you know your stocks? Play the Daily Ticker

Revenue

Q1 2026

$1.6B

Net Income

Q1 2026

$21.1M

Free Cash Flow

Q1 2026

$-55.5M

Operating Margin

Q1 2026

0.4%

ROIC

Q1 2026

1.0%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+27.0% YoY

$6.05BFY 2025

FY22 $2.24BFY23 $3.67BFY24 $4.77BFY25 $6.05B

Net Income

+100.7% YoY

$3.7MFY 2025

FY22 $-1.38BFY23 $-802.1MFY24 $-507.3MFY25 $3.7M

Operating Income

+97.4% YoY

$-15.8MFY 2025

FY22 $-1.51BFY23 $-789.2MFY24 $-609.0MFY25 $-15.8M

EPS (Diluted)

+99.0% YoY

$-0.01FY 2025

FY22 $-3.16FY23 $-1.73FY24 $-1.05FY25 $-0.01

Total Assets

+5.8% YoY

$4.53BFY 2025

FY22 $4.04BFY23 $3.94BFY24 $4.28BFY25 $4.53B

Op. Cash Flow

+58.7% YoY

$662.9MFY 2025

FY22 $-625.5MFY23 $-1.8MFY24 $417.8MFY25 $662.9M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$6.05B +27.0%	$4.77B +30.1%	$3.67B +63.6%	$2.24B +72.9%	$1.30B +110.9%	$614.5M
Net Income	$3.7M +100.7%	$-507.3M +36.8%	$-802.1M +41.8%	$-1.38B +9.5%	$-1.52B -23.7%	$-1.23B
Operating Income	$-15.8M +97.4%	$-609.0M +22.8%	$-789.2M +47.8%	$-1.51B +3.2%	$-1.56B -85.2%	$-843.3M
EPS (Diluted)	$-0.01 +99.0%	$-1.05 +39.3%	$-1.73 +45.3%	$-3.16 +16.4%	$-3.78 +6.2%	$-4.03
Total Assets	$4.53B +5.8%	$4.28B +8.6%	$3.94B -2.4%	$4.04B -0.7%	$4.07B	—
Operating Cash Flow	$662.9M +58.7%	$417.8M +23958.8%	$-1.8M +99.7%	$-625.5M -49.1%	$-419.5M -116.1%	$-194.2M

AI Insight: DKNG Financial Trends

DraftKings posted its first positive Q1 operating income of $6M in Q1 2026, but equity erosion to $605M and negative operating cash flow signal fragile progress.

• Revenue grew year-over-year in every comparable quarter: Q1 2026 at $1,646M vs. Q1 2025 at $1,409M, a 17% increase.

• Operating income turned positive at $6M in Q1 2026, versus -$46M in Q1 2025 — a meaningful sequential improvement in profitability.

• Equity has steadily declined from $1,298M in Q2 2024 to $605M in Q1 2026, shrinking by more than half in six quarters.

• Operating cash flow swung negative in both Q1 periods: -$119M in Q1 2025 and -$48M in Q1 2026, reflecting seasonal working capital patterns.

⚠ Equity fell to $605M in Q1 2026 from $1,298M in Q2 2024 — continued net losses risk further balance sheet deterioration.

⚠ Net income of $21M in Q1 2026 is thin; Q3 seasonality has consistently produced large losses (-$294M in Q3 2024, -$257M in Q3 2025).

⚠ Q4 2025 revenue surged to $1,989M — whether that momentum sustains into future quarters is a key inflection to monitor.

AI Insight: DKNG Ratio Trends

DraftKings is near break-even on a TTM basis at 0.6% operating margin, masking violent seasonal swings that define the business model.

• Operating margin swings dramatically by season: Q2 and Q4 post positives (10.0%, 7.6%) while Q3 and Q1 remain deeply negative (-23.8%, -3.3%).

• TTM operating margin improved to 0.6% and TTM net margin to 0.9%, suggesting the company is approaching sustained profitability for the first time.

• Q4 2025 ROIC surged to 96.1% versus -55.1% in Q4 2024, indicating sharply better capital efficiency in the seasonally strong fourth quarter.

⚠ Q1 2026 ROIC collapsed to 3.9% from 96.1% in Q4 2025 — seasonal deterioration remains severe and threatens full-year profitability targets.

⚠ D/E data is absent across all periods, leaving leverage and balance-sheet risk unquantifiable — a key gap for credit and equity investors.

⚠ Q3 seasonality consistently destroys value: -27.3% op margin in Q3 2024 and -23.8% in Q3 2025 with no clear improvement trend.

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Available Research

13F Pro tracks comprehensive data for DraftKings Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of DKNG

BlackRock, Inc.
$575.1M26,599,818 sh
Capital World Investors
$534.3M24,711,953 sh
AQR CAPITAL MANAGEMENT LLC
$482.0M22,852,485 sh
VANGUARD CAPITAL MANAGEMENT LLC
$461.0M21,320,598 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$402.0M18,593,772 sh
CIBC Bancorp USA Inc.
$264.5M12,236,212 sh
STATE STREET CORP
$220.0M10,174,116 sh
GEODE CAPITAL MANAGEMENT, LLC
$209.3M9,702,963 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$209.1M9,669,600 sh
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC
$208.6M9,650,000 sh

Fund	Value	Shares
BlackRock, Inc.	$575.1M	26,599,818
Capital World Investors	$534.3M	24,711,953
AQR CAPITAL MANAGEMENT LLC	$482.0M	22,852,485
VANGUARD CAPITAL MANAGEMENT LLC	$461.0M	21,320,598
VANGUARD PORTFOLIO MANAGEMENT LLC	$402.0M	18,593,772
CIBC Bancorp USA Inc.	$264.5M	12,236,212
STATE STREET CORP	$220.0M	10,174,116
GEODE CAPITAL MANAGEMENT, LLC	$209.3M	9,702,963
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$209.1M	9,669,600
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC	$208.6M	9,650,000

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Is DKNG a good stock to buy?

13F Pro's AI-powered analysis of DraftKings Inc. (DKNG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DKNG are available on the DKNG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own DKNG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DKNG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of DraftKings Inc.'s investment landscape.