DraftKings Inc. (DKNG) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 08, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 5.54% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
490M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

DKNG currently has 494M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 5.54% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 08, 2026

10-Q filing | 494.4M shares outstanding

490M 0
Nov 07, 2025

10-Q filing | 496.6M shares outstanding

500M 0
Aug 07, 2025

10-Q filing | 496.5M shares outstanding

500M 0
May 09, 2025

10-Q filing | 493.3M shares outstanding

490M 0
Feb 14, 2025

10-K filing | 482.0M shares outstanding

480M 0
Nov 08, 2024

10-Q filing | 486.2M shares outstanding

490M 0
Aug 02, 2024

10-Q filing | 479.3M shares outstanding

480M 0
Jun 07, 2024

8-K filing: DraftKings Inc. filed a prospectus supplement covering the resale of up to 7,507,817 shares of its Class A common stock by certain stockholders to satisfy registration rights granted pursuant to a merger agreement.

470M 0
May 23, 2024

8-K filing: DraftKings Inc. issued 7,507,817 shares of its Class A common stock in connection with the consummation of the transactions contemplated by the merger agreement with Jackpocket Inc.

470M 0
May 03, 2024

10-Q filing | 474.2M shares outstanding

470M 0
Feb 16, 2024

10-K filing | 462.6M shares outstanding

460M 0
Nov 03, 2023

10-Q filing | 464.8M shares outstanding

460M 0
Aug 04, 2023

10-Q filing | 462.4M shares outstanding

460M 0
May 05, 2023

10-Q filing | 455.1M shares outstanding

460M 0
Feb 17, 2023

10-K filing | 436.5M shares outstanding

440M 0
Nov 04, 2022

10-Q filing | 448.3M shares outstanding

450M 0
Aug 05, 2022

10-Q filing | 437.0M shares outstanding

440M 0
May 06, 2022

10-Q filing | 411.1M shares outstanding

410M 0
May 05, 2022

POS AM filing: This is a Post-Effective Amendment relating to the resale from time to time of certain shares of Class A common stock, issuable upon exercise of warrants and options, and relating to certain merger transactions.

N/A 0
May 05, 2022

POS AM filing: This POS AM filing relates to the resale of Class A common stock of New DraftKings, which was converted from Old DraftKings Class A common stock, and shares of New DraftKings Class A Common Stock underlying convertible notes due to a merger transaction.

N/A 0
May 05, 2022

POS AM filing: Post-Effective Amendment No. 4 on Form S-3 relating to the resale of Class A common stock and shares of Class A common stock underlying convertible notes, following a merger transaction.

N/A 0
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