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Walt Disney vs DraftKings: revenue, profit, margins and growth compared

Walt Disney brought in $94.4B of revenue in fiscal 2025, DraftKings $6.1B in fiscal 2025. Revenue changed by +3.4% at Walt Disney and +27.0% at DraftKings on the year before, so DraftKings grew faster. Walt Disney kept 13.1% of its revenue as net profit, DraftKings 0.1%. Free cash flow was $10.1B at Walt Disney and $647.5M at DraftKings.

Side by side, latest fiscal year

DISDKNG
Fiscal year endedFY2025 (September 27, 2025)FY2025 (December 31, 2025)
Revenue$94.4B$6.1B
Revenue growth+3.4%+27.0%
Net income$12.4B$3.7M
Net margin13.1%0.1%
Free cash flow$10.1B$647.5M
Free cash flow margin10.7%10.7%
Earnings per share (diluted)$6.85-$0.01
Cash$5.7B$1.1B
Debt$42Bn/a
Price to earnings15.5n/a
Market value$183.3B$10.9B
Dividend yieldn/an/a
Rank by revenue in sector#7 of 778 · Consumer discretionary#176 of 778 · Consumer discretionary

Over the years

Revenue
DIS FY2019: $59.4BDIS FY2019: $69.6BDIS FY2020: $65.4BDIS FY2021: $67.4BDIS FY2022: $82.7BDIS FY2023: $88.9BDIS FY2024: $91.4BDIS FY2025: $94.4BDKNG FY2020: $614.5MDKNG FY2022: $1.3BDKNG FY2022: $2.2BDKNG FY2023: $3.7BDKNG FY2024: $4.8BDKNG FY2025: $6.1BFY19FY20FY21FY22FY23FY24FY25
DIS $94.4BDKNG $6.1B
Net income
DIS FY2019: $12.6BDIS FY2019: $11.1BDIS FY2020: -$2.9BDIS FY2021: $2BDIS FY2022: $3.1BDIS FY2023: $2.4BDIS FY2024: $5BDIS FY2025: $12.4BDKNG FY2020: -$1.2BDKNG FY2022: -$1.5BDKNG FY2022: -$1.4BDKNG FY2023: -$802.1MDKNG FY2024: -$507.3MDKNG FY2025: $3.7MFY19FY20FY21FY22FY23FY24FY25
DIS $12.4BDKNG $3.7M
Net margin
DIS FY2019: 21.2%DIS FY2019: 15.9%DIS FY2020: -4.4%DIS FY2021: 3.0%DIS FY2022: 3.8%DIS FY2023: 2.6%DIS FY2024: 5.4%DIS FY2025: 13.1%DKNG FY2020: -200.5%DKNG FY2022: -117.5%DKNG FY2022: -61.5%DKNG FY2023: -21.9%DKNG FY2024: -10.6%DKNG FY2025: 0.1%FY19FY20FY21FY22FY23FY24FY25
DIS 13.1%DKNG 0.1%
Revenue growth
DIS FY2019: +17.1%DIS FY2020: -6.1%DIS FY2021: +3.1%DIS FY2022: +22.7%DIS FY2023: +7.5%DIS FY2024: +2.8%DIS FY2025: +3.4%DKNG FY2022: +110.9%DKNG FY2022: +72.9%DKNG FY2023: +63.6%DKNG FY2024: +30.1%DKNG FY2025: +27.0%FY19FY20FY21FY22FY23FY24FY25
DIS +3.4%DKNG +27.0%
Free cash flow
DIS FY2019: $9.8BDIS FY2019: $1.1BDIS FY2020: $3.6BDIS FY2021: $2BDIS FY2022: $1.1BDIS FY2023: $4.9BDIS FY2024: $8.6BDIS FY2025: $10.1BDKNG FY2020: -$205.9MDKNG FY2022: -$435.4MDKNG FY2022: -$657.9MDKNG FY2023: -$22.7MDKNG FY2024: $407.6MDKNG FY2025: $647.5MFY19FY20FY21FY22FY23FY24FY25
DIS $10.1BDKNG $647.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Walt Disney and DraftKings

Which is bigger by revenue, Walt Disney or DraftKings?

Walt Disney is bigger by revenue: $94.4B in fiscal 2025, against $6.1B for DraftKings in fiscal 2025.

Which keeps more of its revenue as profit, Walt Disney or DraftKings?

Walt Disney had a net margin of 13.1% in fiscal 2025; DraftKings had 0.1% in fiscal 2025.

Which grew revenue faster, Walt Disney or DraftKings?

In their latest fiscal years revenue changed by +3.4% at Walt Disney and +27.0% at DraftKings.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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