Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

Sales and marketing

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Year over year growth in Revenue and Operating Expenses.

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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.

Disney

DraftKings is a dominant player in the betting market, but its status faces a test with the emergence of ESPN Bet from Penn Entertainment. Strong revenue growth, efficient customer acquisition, and enhanced customer experience contribute to DraftKings' positive growth trajectory.

Can DraftKings Maintain Its Super Status After the ESPN Bet Announcement?

DraftKings' (DKNG) Golden Nugget Online Gaming launches the online casino product in Pennsylvania.

DraftKings' (DKNG) Golden Nugget Opens Casino in Pennsylvania

DraftKings Inc. shares have more than doubled so far this year, but UBS analyst Robin Farley thinks they can surge another 45%.

DraftKings stock rally has plenty more juice, UBS says

BOSTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Golden Nugget Online Gaming announced today that the company has launched its online and mobile casino in Pennsylvania. The Golden Nugget Online Gaming casino app, powered by DraftKings technology, includes more than 500 slots and classic table games like Blackjack, Roulette and Craps, as well as exclusive games including Rocket, Golden Nugget American Roulette, Golden Nugget Blackjack and more.

Golden Nugget Online Gaming Debuts Online Casino Product in Pennsylvania

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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Brokers Suggest Investing in DraftKings (DKNG): Read This Before Placing a Bet

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With the NFL and college football seasons right around the corner, you can be sure that people that love to gamble on games and bet on fantasy gaming are ready and set to roll.

5 Sizzling ‘Strong Buy' Gambling Stocks to Grab With the NFL and College Betting Season Right Around the Corner

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With the 2023 NFL season set for kick-off, keep an eye on sports gambling stocks. As DraftKings' CEO Jason Robins recently noted, “It's about to be the most important time of year seasonally for us.

3 Gambling Stocks to Buy as NFL Preseason Kicks Off

Digital sportsbook and gaming platform DraftKings Inc. NASDAQ: DKNG stock is up 125% year-to-date (YTD) as new states continue to approve online sports betting and iGaming. The Company is still losing money, but revenues are ramping up.

Draft Kings Proves a Strong Offense is the Best Defense

Walt Disney's ESPN is partnering with Penn Entertainment on a new sports betting platform. New competition could make it more expensive for DraftKings to compete for new customers.

Why DraftKings Stock Fell This Week

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Millennial investors are on a roll. And Nvidia isn't their only runaway S&P 500 stock winner.

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Traders who think DKNG stock will not reclaim the 50-day line could look at a bear call spread.

As DKNG Stock Tumbles, Consider This Bearish Option Strategy

A $2 billion deal between ESPN and PENN saw DraftKings' (DKNG) stock sliding on Wednesday.

DraftKings (DKNG) Slides More Than 10% on PENN's ESPN Deal

The mobile gaming company is investing aggressively in growth.

Does DraftKings Offer Investors a Compelling Risk vs. Return?

Advanced Micro Devices

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Many stocks are soaring coming out of their second-quarter earnings, and analysts and investors look toward significant upcoming catalysts for certain companies and their share prices. Most of these are growth stocks, securities of companies that continue to grow quickly and take market share from competitors.

The 3 Best Growth Stocks to Buy in August

A rival announced a major new deal with a top name in sports. As with many other businesses, a strong brand has power in the gambling market.

Why DraftKings Stock Was a Losing Bet Today

Penn will rebrand its online sportsbook as ESPN Bet under the terms of a 10-year deal.

DraftKings falls 10% on new threat for sports gambling market share from ESPN-Penn partnership

Another day, another upgrade for shares of DraftKings Inc., although the latest one has a different tone.

DraftKings picks up another upgrade as its stock gets slammed on ESPN threat

Cathie Wood's suite of tech-centric investment funds has been dumping large sums of sports betting firm Draftkings Inc (NASDAQ:DKNG) stock as the kneejerk reaction to Disney's venture into sports betting through its subsidiary ESPN. Wood's Ark Invest sold a total of 444,000 shares in the Nasdaq-listed group valued at approximately US$13.5 million on a five-day share price average.

Cathie Wood ditches Draftkings as Disney's ESPN Bet threat emerges

DraftKings (NASDAQ: DKNG ) stock is falling on Wednesday as investors in the sports gambling company react to a major deal for rival Penn Entertainment (NASDAQ: PENN ). The big news hitting DKNG stock today is Penn Entertainment signing a 10-year licensing agreement with Disney's (NYSE: DIS ) ESPN.

Why Is DraftKings (DKNG) Stock Down Today?

Shares in sports gambling names have fallen in the wake of Penn's $2 billion deal for ESPN rights.

Penn Wins in ESPN Betting Deal. Why DraftKings Stock Is Dropping.

Draftkings Inc (NASDAQ:DKNG) stock plunged in Tuesday's afterhours trading as investors took kneejerk reaction to Disney's (NYSE:DIS) move into online sports betting. Disney's ESPN is teaming up with Penn Entertainment (NASDAQ:PENN) in a new venture, meanwhile, the Barstool Sports digital media brand is being sold back to its founder Dave Portnoy.

Draftkings in kneejerk drop as Disney teams up with Penn for ESPN Bet venture

Penn Entertainment soared late on news of an ESPN-Penn sportsbook deal. Online sports betting leader DraftKings fell sharply.

ESPN-Penn Sportsbook Deal Sends PENN Stock Soaring; DraftKings Tumbles

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The bulk of the Q2 earnings season is in the rearview mirror, with most S&P 500 companies already unveiling their quarterly results. The period has largely been better than feared, helping to inject some positive sentiment into the market.

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Online gambling has supercharged the gaming sector. The amount of money bet on sporting events in the U.S. will surge 45% this year to almost $137 billion, research firm Insider Intelligence estimates.

News for DraftKings Stock (DKNG)