DraftKings (FRA:IK1) Research & Development: €412 Mil (TTM As of Mar. 2026)


FRA:IK1 DraftKings Inc FRA:IK1
69 GF Score
Price €20.60
GF Value €43.10
Valuation Possible Value Trap
! 3 Warning Signs
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What is DraftKings Research & Development?

DraftKings FRA:IK1 -3.74% 69 Research & Development is €412 Mil as of Mar. 2026. GuruFocus rates FRA:IK1 with a GF Score™ of 69/100 and a GF Value™ of €43.10 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. DraftKings's Research & Development for the three months ended in Mar. 2026 was €107 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €412 Mil.

DraftKings  (FRA:IK1) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

DraftKings Research & Development Related Terms

DraftKings Research & Development Historical Data

* Premium members only.

The historical data trend for DraftKings's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DraftKings Research & Development Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 224.49 300.43 325.68 379.24 392.77

DraftKings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.52 94.00 97.71 114.06 106.55
FRA:IK1
69GF Score
DraftKings Inc FRA:IK1
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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DraftKings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €412 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €412 Mil mean?
DraftKings (FRA:IK1) has a Research & Development of €412 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on DraftKings and its competitors.
Is DraftKings' Research & Development too high?
DraftKings' current Research & Development is €412 Mil. Overall, DraftKings has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DraftKings' Research & Development compare to FLUT and SGHC?
DraftKings' Research & Development of €412 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Travel & Leisure company?
A good Research & Development depends on the Travel & Leisure industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on DraftKings and its competitors. DraftKings's current Research & Development is €412 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DraftKings stock overvalued right now?
Based on GuruFocus' analysis, DraftKings (FRA:IK1) is currently considered Possible Value Trap. The stock's GF Value™ is €43.10, compared to a current price of €20.60 — trading 52.2% below its estimated fair value. The current Research & Development is €412 Mil. DraftKings' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For DraftKings (FRA:IK1), the current Research & Development is €412 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DraftKings (FRA:IK1) Overvalued in 2026?

Based on GuruFocus' analysis, DraftKings stock appears to be undervalued. The current stock price of €20.60 is trading 52.2% below its estimated GF Value™ of €43.10. GuruFocus considers DraftKings to be Possible Value Trap.

Key valuation signals for FRA:IK1:

  • Research & Development: €412 Mil
  • GF Value™: €43.10 vs. price of €20.60 (52.2% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the FRA:IK1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

DraftKings Business Description

Address 222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to around 40% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.
69GF Score

Get the complete analysis for FRA:IK1

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.60
Price
€43.10
GF Value