Shares Outstanding for DraftKings (DKNG)
According to DraftKings's latest reported financial statements, the company's latest reported diluted shares outstanding is 532.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

DKNG
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Latest period
532.00M
YoY change
+2.9%
5Y CAGR
+10.2%
Peak year (2025)
495.90M
Latest annual
495.90M
Shares Outstanding history chart for DraftKings (DKNG) from 2017 to 2025
Shares Outstanding history table for DraftKings (DKNG) from 2017 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 495.90M | +2.9% | ||
| 2024 | 481.95M | +4.2% | ||
| 2023 | 462.60M | +6.0% | ||
| 2022 | 436.51M | +8.5% | ||
| 2021 | 402.49M | +31.7% | ||
| 2020 | 305.59M | +65.5% | ||
| 2019 | 184.60M | 0.0% | ||
| 2018 | 184.60M | 0.0% | ||
| 2017 | 184.60M | — |
Shares Outstanding values are taken from DraftKings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
DraftKings (DKNG) most recent annual diluted shares outstanding stands at 495.90M (2025) – edged up 2.9% year-over-year.
DraftKings diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +10.2%, sustaining 6 straight years of year-over-year growth.
Across the available history, diluted shares outstanding reached its high of 495.90M in 2025 and its low of 184.60M in 2017.
DraftKings (DKNG) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of 1.30B.
DraftKings Shares Outstanding by Year
DraftKings Shares Outstanding 2025: 495.90M
DraftKings diluted shares outstanding in 2025 was 495.90M, edged up 2.9% from 2024. This figure represents the highest annual value in the available history.
DraftKings Shares Outstanding 2024: 481.95M
DraftKings diluted shares outstanding in 2024 was 481.95M, edged up 4.2% from 2023.
DraftKings Shares Outstanding 2023: 462.60M
DraftKings diluted shares outstanding in 2023 was 462.60M, grew 6.0% from 2022.
DraftKings Shares Outstanding 2022: 436.51M
DraftKings diluted shares outstanding in 2022 was 436.51M, grew 8.5% from 2021.
DraftKings Shares Outstanding 2021: 402.49M
DraftKings diluted shares outstanding in 2021 was 402.49M.
See more financial history for DraftKings (DKNG).
Sector peers — Shares Outstanding
Companies in the same sector as DraftKings, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is DraftKings's diluted shares outstanding?
- Latest reported diluted shares outstanding for DraftKings (DKNG) is 532.00M (period ending December 31, 2025).
How has DraftKings diluted shares outstanding changed year-over-year?
- DraftKings (DKNG) diluted shares outstanding changed +2.9% year-over-year on the latest annual filing.
What is the long-term growth rate of DraftKings diluted shares outstanding?
- DraftKings (DKNG) diluted shares outstanding compound annual growth rate is +10.2% over the most recent 5 years available.
When did DraftKings diluted shares outstanding hit its highest annual value?
- DraftKings diluted shares outstanding reached its highest annual value of 495.90M in 2025.
What was DraftKings diluted shares outstanding in 2024?
- DraftKings (DKNG) diluted shares outstanding in 2024 was 481.95M.
What was DraftKings diluted shares outstanding in 2025?
- DraftKings (DKNG) diluted shares outstanding in 2025 was 495.90M.
Metrics overview
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