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

Product and technology

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

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Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

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Minority interest

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Cash from other sources

Net change in cash

Free cash flow

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.

Shares of DraftKings Inc. bounced sharply Wednesday off a near two-year low, after Morgan Stanley analyst Thomas Allen turned bullish, saying the price plunge has created “too big an opportunity” for long-term investors to ignore.

The Ratings Game: DraftKings stock bounces back after Morgan Stanley says it's now too cheap to ignore

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Online sports betting stocks made over $4 billion last year. The market is set for exponential growth as more states legalize sports betting.

Place Your Bets on These 3 Online Sports Betting Stocks

DraftKings (DKNG) stock is gaining on Wednesday after Morgan Stanley analyst Thomas Allen upgraded the gambling company's shares. The post DKNG Stock Price Prediction: Why Morgan Stanley Thinks DraftKings Is a Big Opportunity appeared first on InvestorPlace.

DKNG Stock Price Prediction: Why Morgan Stanley Thinks DraftKings Is a Big Opportunity

Although Plug Power Inc.'s stock came under pressure following the Business Update call, the company seems to be “executing well across its business lines,” according to JPMorgan.

Why DraftKings Shares Are Ripping Higher Today

Morgan Stanley upgraded Draftkings Inc (NASDAQ:DKNG) to "overweight" from "in-line" this morning.

Analyst: DraftKings Stock Could Win the Market Share

Morgan Stanley upgrades the stock to Overweight, sending DraftKings shares soaring.

DraftKings Is 'Too Big an Opportunity to Ignore.' Why the Stock Is a Buy.

DraftKings continues to fall in 2022. Down 69% from September highs, DKNG stock could finish January in the mid-to-low teens.

How low can DraftKings Stock Go?

Off-the-chart explosive growth and the bulls defense folding on the price chart add up to a deeper value purchase in DKNG stock. The post Draft Kings Stock Is Worth Betting On appeared first on InvestorPlace.

Draft Kings Stock Is Worth Betting On

DKNG stock is close to the 52-week low and could be gearing up for a rebound. The business model and consistent revenue growth make it a buy.

Investors Will Need Patience if Betting on DraftKings

DraftKings is rapidly approaching prices not seen since the company's blank-check merger in 2020. DKNG stock is a tempting bet at this point.

DraftKings Is an Enticing Bet Right Now

Despite its huge marketing spending, DraftKings is gaining share at a very slow pace, helping to make DKNG stock unattractive. The post DraftKings Is Struggling to Beat the Online Betting Competition appeared first on InvestorPlace.

DraftKings Is Struggling to Beat the Online Betting Competition

As DraftKings' outlays far exceed the company's revenues, it's only getting harder to hold fast-declining DKNG stock with confidence. The post There Is No Positive Catalyst That Can Revive DraftKings Now appeared first on InvestorPlace.

There Is No Positive Catalyst That Can Revive DraftKings Now

BOSTON, Jan. 24, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today announced that it will release its fourth quarter and year-end 2021 results prior to 8:30AM EST on February 18, 2022.

DraftKings to Release Fourth Quarter and Year-End 2021 Results February 18

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It's a stock pickers market and adding winners to a portfolio is only getting harder. Here are three ideas -- BABA, DKNG and PB -- for investors reconsidering their risk appetite and seeking out safe havens.

3 Stocks That Could Make You a Millionaire in 2022

DraftKings, the leading sports gaming platform has recently lost more than half of its value. Now, DKNG stock offers better value.

Investing In DraftKings Stock Looks Like A Winning Bet in 2022

DraftKings stock's premium valuation has been digested by the market, as it trades near its peers' valuations.

Is DraftKings Stock A Buy Or Sell With New York Sports Gambling Approval?

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The U.K. has one of the most developed and active gambling markets in the world. The market has developed and grown over many decades, and several world-leading companies have emerged in the process.

An Overlooked Opportunity in the Betting Market

DKNG stock is a long-term bet at the fast-growing OSB and iGaming market which is attractively valued at this stage. The post Buy the Dip in DraftKings Stock Before Its Emphatic Rebound appeared first on InvestorPlace.

Buy the Dip in DraftKings Stock Before Its Emphatic Rebound

Program Open to the 35 State Problem Gambling Councils, with Councils Having Broad Discretion on How the Money is Best Allocated to Further Responsible Gaming Program Open to the 35 State Problem Gambling Councils, with Councils Having Broad Discretion on How the Money is Best Allocated to Further Responsible Gaming

DraftKings Announces $1 Million+ Responsible Gaming Initiative Providing Multi-Year Financial Commitments to State Problem Gambling Councils

DraftKings Inc (NASDAQ: DKNG) has entered into an exclusive market access partnership with Tulalip Tribes of Washington to bring its retail sportsbook experience to the state of Washington. DraftKings plans to open retail sportsbook locations at Tulalip Resort Casino and Quil Ceda Creek Casino, located about 30-minutes north of Seattle in Tulalip.

DraftKings Partners With Tulalip Tribes To Operate Sports Betting In Washington

Agreement Calls for Two Retail Sportsbooks at Tulalip Resort Casino and Quil Ceda Creek Casino Agreement Calls for Two Retail Sportsbooks at Tulalip Resort Casino and Quil Ceda Creek Casino

DraftKings and Tulalip Tribes of Washington Join Forces to Operate Sports Betting in the Evergreen State

Over the last year, DraftKings stock has come down 50% and is now 64% below its all-time peak of $74.38 a share reached last March. The NFL football season was supposed to be a catalyst for shares of the Boston-based company but since the league kicked off DraftKings' share price has fallen 58%.

DraftKings Stock May Look Cheap, But It Hasn't Bottomed Out

Shares of DraftKings have fallen more than 50% over the past year as investors have shunned growth stocks and criticized DraftKings' acquisition of Golden Nugget. The recently-launched New York State, as well as Oregon, is timed nicely ahead of the Super Bowl and may convince more states to follow suit.

DraftKings: Buy The Dip While The Stock Is In Free Fall

DraftKings should eventually become a winner in the online gambling market. But it will take awhile for DKNG stock to break out.

Why Investors Will Have to Be Patient With DraftKings Stock

DKNG stock is underloved and oversold as it finally appears to be finding a floor. Time to be a buyer on any dip in DraftKings.

News for DraftKings Stock (DKNG)