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Revenue segments as reported by the company.

Online Gaming

Gaming Software

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DraftKings Inc (NASDAQ:DKNG) stock is pointed 3% higher in premarket trading this morning after Barclays upgraded the sports betting stock to "overweight" from "equal weight" and hiked its price target to $50 from $41.

Analyst: DraftKings' Leadership Position is Secure

A roughly 10% pullback in DraftKings Inc.'s stock following last week's earnings report makes for an “attractive” entry point, according to one analyst.

DraftKings benefits from a ‘gift that keeps on giving.' Its stock has a new fan.

MGM Resorts

Penn Entertainment

Subscribers to  Chart of the Week  received this commentary on Sunday, February 18.

Are Sports Betting Stocks Played Out?

The New York Gaming Commission just released numbers showing how New York-based sportsbooks performed during the recent Super Bowl, and the most surprising revelation is how much better one of the biggest sportsbooks did than one of its rivals.

Why DraftKings made $8 million and BetMGM lost nearly $5 million on Super Bowl bets in New York

DraftKings shares were shrugging off the company's latest earnings report, but bulls found plenty of reasons to cheer.

Why DraftKings bulls are cheering, even after a rare earnings miss

DraftKings Inc. (DKNG) Q4 2023 Earnings Call Transcript

Flutter Entertainment PLC

Super Bowl LVIII was great for ratings, averaging a record 123.7 million viewers, according to Nielsen. It also appeared to be a notable one for major betting companies.

FanDuel, DraftKings both see huge Super Bowl betting totals

For many sports betting companies, the Super Bowl is, well, their Super Bowl. But daily fantasy sports contest and sports betting company DraftKings is more focused on winning the lottery, announcing Thursday (Feb.

DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation

A 5% move is substantial for an equity stock and may lead to a deeper correction or even a reversal in the price action. However, as bad as that sounds, the move in DraftKings is a healthy correction within a raging bull market that will lead to higher prices and new highs soon.

DraftKings: New highs not a gamble for this market

Why MGM Resorts is being overlooked by the market.

The Cash Machine in Plain Sight in Las Vegas

Draftkings Inc (NASDAQ:DKNG) posted narrower full-year losses on Thursday evening, but shares in the sports betting firm were hit as the fourth-quarter figure fell short of analysts' expectations. Per share losses for the year came in at US$1.73, compared to US$3.16 in 2022, Draftkings reported on Thursday.

Draftkings' losses narrow but miss expectations

DraftKings (DKNG) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.06. This compares to loss of $0.53 per share a year ago.

DraftKings (DKNG) Reports Q4 Loss, Tops Revenue Estimates

DraftKings missed Wall Street's expectations on Thursday after the bell but increased its year-over-year revenue by 44%.

DraftKings posts 44% revenue growth and narrowing losses, but falls short of estimates

DraftKings fluctuated late Thursday after Q4 revenue fell just short of views. The betting company announced a lottery acquisition.

DraftKings Stock Choppy On Mixed Q4 Results, $750 Million Lottery Takeover

Coupang

Amdocs

Lithium Americas Corp

Li Auto Inc.

MINISO Group Holding

Riot Blockchain

Patience can make you more money than any other factor in the market. Of course, the idea is to stay invested in the right stocks.

7 Undervalued Growth Stocks to Buy for 10x Returns by 2030

DraftKings Inc. shares dropped more than 2% in the extended session Thursday after the sports-betting platform surprised Wall Street with a quarterly loss and revenue that was merely in line with expectations.

DraftKings' stock goes south after sports-betting company swings to surprise loss

DraftKings said it expected the deal to drive $260 million to $340 million in incremental revenue in fiscal 2026, and $350 million to $450 million in revenue in fiscal 2028.

DraftKings to Buy Jackpocket for $750 Million

BOSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its fourth quarter and fiscal year 2023 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.

DraftKings Reports Fourth Quarter Revenue of $1,231 Million; Raises 2024 Revenue Guidance Midpoint to $4.775 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $460 Million

Transaction Expected to Drive $60 Million to $100 Million of Adjusted EBITDA in Fiscal Year 2026 Transaction Expected to Drive $60 Million to $100 Million of Adjusted EBITDA in Fiscal Year 2026

DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million

Analysts are expecting online sports-betting firm DraftKings to post fourth-quarter earnings per share of 8 cents.

DraftKings Earnings Arrive After Markets Close. Here's What to Watch.

DraftKings' (DKNG) fourth-quarter 2023 performance is likely to have benefited from steady demand for mobile sports betting and increased customer acquisition, engagement and retention.

DraftKings (DKNG) to Report Q4 Earnings: What's in Store?

On paper, online sportsbook DraftKings (NASDAQ: DKNG ) secured a meaningful long-term catalyst. Late Sunday, following the end of the Super Bowl, Barstool Sports founder Dave Portnoy confirmed that the sports-oriented blog signed a multi-year deal with DraftKings.

DKNG Stock Alert: DraftKings Strikes Deal With Barstool Sports

DraftKings reports Q4 earnings late Wednesday after record Super Bowl betting interest, a new Barstool Sports deal. DKNG stock is extended.

DraftKings Rides Super Bowl Gambling Wave, New Barstool Sports Deal Into Q4 Earnings

Coinbase

Deere & Company

Coca-Cola

This week will also include results from AIG, Marriott, Kraft Heinz, and many more companies. We'll also see the latest consumer price index, producer price index, and data on housing and consumer activity.

Coinbase, DraftKings, Deere, Coca-Cola, and More to Watch This Week

Caesars Entertainment

As more U.S. states welcome online gaming, big-name casinos and fresh online betting startups jump on board. On the other hand, Macau is still the land of gambling in Asia.

News for DraftKings Stock (DKNG)