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DraftKings Inc.（DKNG）与StubHub Holdings, Inc.（STUB）财务数据对比。点击上方公司名可切换其他公司
DraftKings Inc.的季度营收约是StubHub Holdings, Inc.的4.2倍（$2.0B vs $468.1M）。DraftKings Inc.净利率更高（6.9% vs -276.6%，领先283.4%）。DraftKings Inc.同比增速更快（42.8% vs 7.9%）。DraftKings Inc.自由现金流更多（$316.5M vs $180.3M）
DraftKings Inc.是总部位于美国马萨诸塞州波士顿的博彩企业，主要提供体育博彩、每日范特西体育相关服务，是全球线上博彩娱乐赛道的知名企业，业务覆盖多个国家和地区的合规消费市场。
StubHub Holdings是全球领先的在线票务交易平台，提供演唱会、体育赛事、戏剧演出等各类现场娱乐活动的门票转售及直购服务，覆盖北美、欧洲、亚太等核心市场，为消费者、活动主办方和票务卖家提供安全可靠的交易渠道。
DKNG vs STUB — 直观对比
营收规模更大
DKNG
是对方的4.2倍
$468.1M
营收增速更快
DKNG
高出34.9%
7.9%
净利率更高
DKNG
高出283.4%
-276.6%
自由现金流更多
DKNG
多$136.3M
$180.3M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $468.1M |
| 净利润 | $136.4M | $-1.3B |
| 毛利率 | 46.0% | — |
| 营业利润率 | 7.6% | -292.3% |
| 净利率 | 6.9% | -276.6% |
| 营收同比 | 42.8% | 7.9% |
| 净利润同比 | 201.2% | -3821.6% |
| 每股收益（稀释后） | $0.28 | $-4.27 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DKNGSTUB
| Q4 25 | $2.0B | — | ||
| Q3 25 | $1.1B | $468.1M | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.1B | $433.8M | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.2B | — |
净利润DKNGSTUB
| Q4 25 | $136.4M | — | ||
| Q3 25 | $-256.8M | $-1.3B | ||
| Q2 25 | $157.9M | — | ||
| Q1 25 | $-33.9M | — | ||
| Q4 24 | $-134.9M | — | ||
| Q3 24 | $-293.7M | $-33.0M | ||
| Q2 24 | $63.8M | — | ||
| Q1 24 | $-142.6M | — |
毛利率DKNGSTUB
| Q4 25 | 46.0% | — | ||
| Q3 25 | 31.5% | — | ||
| Q2 25 | 43.5% | — | ||
| Q1 25 | 40.1% | — | ||
| Q4 24 | 40.1% | — | ||
| Q3 24 | 32.2% | — | ||
| Q2 24 | 39.9% | — | ||
| Q1 24 | 39.6% | — |
营业利润率DKNGSTUB
| Q4 25 | 7.6% | — | ||
| Q3 25 | -23.8% | -292.3% | ||
| Q2 25 | 10.0% | — | ||
| Q1 25 | -3.3% | — | ||
| Q4 24 | -10.0% | — | ||
| Q3 24 | -27.3% | 2.8% | ||
| Q2 24 | -2.9% | — | ||
| Q1 24 | -11.8% | — |
净利率DKNGSTUB
| Q4 25 | 6.9% | — | ||
| Q3 25 | -22.4% | -276.6% | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | -2.4% | — | ||
| Q4 24 | -9.7% | — | ||
| Q3 24 | -26.8% | -7.6% | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | -12.1% | — |
每股收益（稀释后）DKNGSTUB
| Q4 25 | $0.28 | — | ||
| Q3 25 | $-0.52 | $-4.27 | ||
| Q2 25 | $0.30 | — | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $-0.25 | — | ||
| Q3 24 | $-0.60 | $-0.15 | ||
| Q2 24 | $0.10 | — | ||
| Q1 24 | $-0.30 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.1B | $1.4B |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $631.5M | $1.7B |
| 总资产 | $4.5B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资DKNGSTUB
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $788.3M | — | ||
| Q3 24 | $877.8M | $1.1B | ||
| Q2 24 | $815.9M | — | ||
| Q1 24 | $1.2B | — |
总债务DKNGSTUB
| Q4 25 | — | — | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DKNGSTUB
| Q4 25 | $631.5M | — | ||
| Q3 25 | $732.3M | $1.7B | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $872.9M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | $815.9M | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $831.0M | — |
总资产DKNGSTUB
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.6B | $5.6B | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.2B | — | ||
| Q1 24 | $3.8B | — |
负债/权益比DKNGSTUB
| Q4 25 | — | — | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $320.5M | $181.4M |
| 自由现金流经营现金流 - 资本支出 | $316.5M | $180.3M |
| 自由现金流率自由现金流/营收 | 15.9% | 38.5% |
| 资本支出强度资本支出/营收 | 0.2% | 0.2% |
| 现金转化率经营现金流/净利润 | 2.35× | — |
| 过去12个月自由现金流最近4个季度 | $647.5M | — |
8季度趋势，按日历期对齐
经营现金流DKNGSTUB
| Q4 25 | $320.5M | — | ||
| Q3 25 | $287.5M | $181.4M | ||
| Q2 25 | $173.9M | — | ||
| Q1 25 | $-119.0M | — | ||
| Q4 24 | $325.2M | — | ||
| Q3 24 | $133.6M | — | ||
| Q2 24 | $29.4M | — | ||
| Q1 24 | $-70.4M | — |
自由现金流DKNGSTUB
| Q4 25 | $316.5M | — | ||
| Q3 25 | $283.0M | $180.3M | ||
| Q2 25 | $169.6M | — | ||
| Q1 25 | $-121.7M | — | ||
| Q4 24 | $323.2M | — | ||
| Q3 24 | $130.9M | — | ||
| Q2 24 | $27.0M | — | ||
| Q1 24 | $-73.4M | — |
自由现金流率DKNGSTUB
| Q4 25 | 15.9% | — | ||
| Q3 25 | 24.7% | 38.5% | ||
| Q2 25 | 11.2% | — | ||
| Q1 25 | -8.6% | — | ||
| Q4 24 | 23.2% | — | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | -6.2% | — |
资本支出强度DKNGSTUB
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.4% | 0.2% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | — |
现金转化率DKNGSTUB
| Q4 25 | 2.35× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DKNG
| Sportsbook | $1.4B | 68% |
| I Gaming | $500.2M | 25% |
| Other | $137.9M | 7% |
STUB
| Transaction Fees | $453.4M | 97% |
| Other | $14.7M | 3% |
