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Side-by-side financial comparison of DraftKings Inc. (DKNG) and Genius Sports Ltd (GENI). Click either name above to swap in a different company.
DraftKings Inc. is the larger business by last-quarter revenue ($2.0B vs $510.9M, roughly 3.9× Genius Sports Ltd). DraftKings Inc. runs the higher net margin — 6.9% vs -12.3%, a 19.2% gap on every dollar of revenue. DraftKings Inc. produced more free cash flow last quarter ($316.5M vs $69.6M). Over the past eight quarters, Genius Sports Ltd's revenue compounded faster (129.2% CAGR vs 30.1%).
DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services.
Genius Sports is a sports data and technology company that provides data management, video streaming and integrity services to sports leagues, bookmakers and media companies.
DKNG vs GENI — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $510.9M |
| Net Profit | $136.4M | $-63.0M |
| Gross Margin | 46.0% | 25.2% |
| Operating Margin | 7.6% | -11.5% |
| Net Margin | 6.9% | -12.3% |
| Revenue YoY | 42.8% | — |
| Net Profit YoY | 201.2% | — |
| EPS (diluted) | $0.28 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.0B | $510.9M | ||
| Q3 25 | $1.1B | $335.4M | ||
| Q2 25 | $1.5B | $215.2M | ||
| Q1 25 | $1.4B | $119.7M | ||
| Q4 24 | $1.4B | $413.0M | ||
| Q3 24 | $1.1B | $285.8M | ||
| Q2 24 | $1.1B | $184.1M | ||
| Q1 24 | $1.2B | $97.2M |
| Q4 25 | $136.4M | $-63.0M | ||
| Q3 25 | $-256.8M | — | ||
| Q2 25 | $157.9M | $-47.3M | ||
| Q1 25 | $-33.9M | $-25.5M | ||
| Q4 24 | $-134.9M | $-85.5M | ||
| Q3 24 | $-293.7M | $-47.1M | ||
| Q2 24 | $63.8M | $-35.5M | ||
| Q1 24 | $-142.6M | $-25.2M |
| Q4 25 | 46.0% | 25.2% | ||
| Q3 25 | 31.5% | 24.2% | ||
| Q2 25 | 43.5% | 19.1% | ||
| Q1 25 | 40.1% | 10.7% | ||
| Q4 24 | 40.1% | 16.7% | ||
| Q3 24 | 32.2% | 20.5% | ||
| Q2 24 | 39.9% | 18.6% | ||
| Q1 24 | 39.6% | 9.8% |
| Q4 25 | 7.6% | -11.5% | ||
| Q3 25 | -23.8% | -15.3% | ||
| Q2 25 | 10.0% | -21.0% | ||
| Q1 25 | -3.3% | -20.3% | ||
| Q4 24 | -10.0% | -18.0% | ||
| Q3 24 | -27.3% | -13.9% | ||
| Q2 24 | -2.9% | -16.8% | ||
| Q1 24 | -11.8% | -23.7% |
| Q4 25 | 6.9% | -12.3% | ||
| Q3 25 | -22.4% | — | ||
| Q2 25 | 10.4% | -22.0% | ||
| Q1 25 | -2.4% | -21.3% | ||
| Q4 24 | -9.7% | -20.7% | ||
| Q3 24 | -26.8% | -16.5% | ||
| Q2 24 | 5.8% | -19.3% | ||
| Q1 24 | -12.1% | -25.9% |
| Q4 25 | $0.28 | — | ||
| Q3 25 | $-0.52 | — | ||
| Q2 25 | $0.30 | — | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $-0.25 | — | ||
| Q3 24 | $-0.60 | — | ||
| Q2 24 | $0.10 | — | ||
| Q1 24 | $-0.30 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $280.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $631.5M | $724.5M |
| Total Assets | $4.5B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $280.6M | ||
| Q3 25 | $1.2B | $110.2M | ||
| Q2 25 | $1.3B | $110.2M | ||
| Q1 25 | $1.1B | $110.2M | ||
| Q4 24 | $788.3M | $100.3M | ||
| Q3 24 | $877.8M | $100.3M | ||
| Q2 24 | $815.9M | $100.3M | ||
| Q1 24 | $1.2B | $100.3M |
| Q4 25 | $631.5M | $724.5M | ||
| Q3 25 | $732.3M | $572.4M | ||
| Q2 25 | $1.0B | $572.4M | ||
| Q1 25 | $872.9M | $572.4M | ||
| Q4 24 | $1.0B | $573.0M | ||
| Q3 24 | $1.1B | $573.0M | ||
| Q2 24 | $1.3B | $573.0M | ||
| Q1 24 | $831.0M | $573.0M |
| Q4 25 | $4.5B | $1.1B | ||
| Q3 25 | $4.6B | $792.3M | ||
| Q2 25 | $4.5B | $792.3M | ||
| Q1 25 | $4.5B | $792.3M | ||
| Q4 24 | $4.3B | $775.7M | ||
| Q3 24 | $4.3B | $775.7M | ||
| Q2 24 | $4.2B | $775.7M | ||
| Q1 24 | $3.8B | $775.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $320.5M | $81.9M |
| Free Cash FlowOCF − Capex | $316.5M | $69.6M |
| FCF MarginFCF / Revenue | 15.9% | 13.6% |
| Capex IntensityCapex / Revenue | 0.2% | 2.4% |
| Cash ConversionOCF / Net Profit | 2.35× | — |
| TTM Free Cash FlowTrailing 4 quarters | $647.5M | $33.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $320.5M | $81.9M | ||
| Q3 25 | $287.5M | $-4.8M | ||
| Q2 25 | $173.9M | $-1.2M | ||
| Q1 25 | $-119.0M | $-14.6M | ||
| Q4 24 | $325.2M | $14.9M | ||
| Q3 24 | $133.6M | $-9.2M | ||
| Q2 24 | $29.4M | — | ||
| Q1 24 | $-70.4M | — |
| Q4 25 | $316.5M | $69.6M | ||
| Q3 25 | $283.0M | $-14.2M | ||
| Q2 25 | $169.6M | $-5.8M | ||
| Q1 25 | $-121.7M | $-16.0M | ||
| Q4 24 | $323.2M | $11.3M | ||
| Q3 24 | $130.9M | $-11.6M | ||
| Q2 24 | $27.0M | — | ||
| Q1 24 | $-73.4M | — |
| Q4 25 | 15.9% | 13.6% | ||
| Q3 25 | 24.7% | -4.2% | ||
| Q2 25 | 11.2% | -2.7% | ||
| Q1 25 | -8.6% | -13.4% | ||
| Q4 24 | 23.2% | 2.7% | ||
| Q3 24 | 11.9% | -4.1% | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | -6.2% | — |
| Q4 25 | 0.2% | 2.4% | ||
| Q3 25 | 0.4% | 2.8% | ||
| Q2 25 | 0.3% | 2.1% | ||
| Q1 25 | 0.2% | 1.2% | ||
| Q4 24 | 0.1% | 0.9% | ||
| Q3 24 | 0.2% | 0.9% | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 2.35× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DKNG
| Sportsbook | $1.4B | 68% |
| I Gaming | $500.2M | 25% |
| Other | $137.9M | 7% |
GENI
Segment breakdown not available.
