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

Gross profit

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

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

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.

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

Penn 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.

3 Online Gambling Stocks to Bet On for a Super Bowl Boost

Flutter Entertainment PLC

DraftKings and FanDuel will be the top beneficiaries from record Super Bowl betting, Bank of America wrote on Friday. Equity strategist Shaun Kelley expects Taylor Swift's presence to boost bets.

DraftKings and FanDuel are set to be the big Super Bowl winners amid record betting activity fueled by Taylor Swift

Arista Networks

Shopify

The bulk of fourth-quarter earnings may be over, but several top-performing growth stocks are front and center on the earnings calendar.

Fast-Growing Arista Networks, Shopify, DraftKings Headline Another Busy Earnings Calendar

DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DraftKings (DKNG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Despite its big run over the last 12 months, DraftKings is still a compelling play. Forward guidance indicates continued momentum, and the operating losses appear to be moving in the right direction.

Is DraftKings Stock a Buy?

Amazon

Cameco

Chevron

NextEra Energy

Toyota Motor

If you go to certain corners of YouTube, targeting winning stocks for a booming economy is simply out of the question. The sky is falling, martial law will be declared and it's time to buy gold, guns and patriot seeds.

Goodbye Bears! 7 Winning Stocks to Buy for a Booming Economy.

DraftKings (DKNG) reachead $41.95 at the closing of the latest trading day, reflecting a +0.87% change compared to its last close.

DraftKings (DKNG) Advances While Market Declines: Some Information for Investors

Eli Lilly

When finding stocks to own, growth stocks are a top priority. For those looking to invest with a truly long-term investing time horizon, growth stocks tend to outperform.

3 High-Octane Growth Stocks Not Slowing Down Any Time Soon

MGM Resorts

People have been placing their bullish bets on the sports betting stocks of late, with the broader basket gaining considerable momentum. While the Magnificent Seven stocks stole the show (yet again) this earnings season, I think other corners of tech are more than worthy of the attention of growth-savvy investors.

Game On: 3 Sports Betting Stocks Worthy of a Wager

Archer Aviation

These high-powered growth stocks could turbocharge your investment returns.

2 Super Stocks to Buy Now That Could Help Set You Up for Life

DraftKings has grown from a fledgling gambling outfit into a betting juggernaut over the last few years, gaining share and reaching an inflection point in profitability. With an undemanding 5x sales multiple, there's room for expansion and appreciation through multiple routes. We see a 25%+ annualized upside through 2026 as a strong possibility, as marketing spend continues to slow and the company keeps rapidly growing users & RPU.

DraftKings: A Strong Buy On Sticky Monetization Trends

DraftKings has shifted from reporting large losses to achieving EBITDA profits, making the stock more attractive to investors. The company forecasts a surge in the total addressable market for sports gaming, with a revenue target of $7.1 billion by 2028. The stock is still relatively cheap at ~8.5x the 2028 EBITDA targets without any additional states gaining legalization.

News for DraftKings Stock (DKNG)