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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Cost of revenue

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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 and its sports betting peers have had a rough few weeks. Here's why one investor is selling DKNG stock short now.

DKNG Stock Alert: Why Jim Chanos Is Selling DraftKings Short

DKNG stock looks to be losing steam as losses continue and its planned deal with Golden Nugget Online Gaming threatens to dilute shares. The post DraftKings Is Weak From Losses and a Potentially Dilutive Deal appeared first on InvestorPlace.

DraftKings Is Weak From Losses and a Potentially Dilutive Deal

DoorDash

For DoorDash, it's the lack of profit that caught Chanos' attention. For DraftKings, it's the high marketing spend.

Legendary short-seller Jim Chanos reveals he is betting against DraftKings and DoorDash

DraftKings Inc. stock price target was slashed Thursday at Benchmark, with analyst Mike Hickey saying he “rationalized” his valuation of the company given the recent broader market trend in high growth and gaming stocks.

The Ratings Game: DraftKings stock price target cut nearly 30% at Benchmark as valuation is ‘rationalized'

Penn Entertainment

Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have surged in popularity. In response, sports betting companies have begun jockeying for customers in a “gold rush” style of competition.

Penn National, DraftKings highlight October slump for sports betting stocks

This company is growing revenue and customers while the stock is selling at half its highs this year.

1 Unprofitable Hypergrowth Stock I Would Buy Now

50x4Vets Program Partners Will Spearhead First-of-its-Kind Solutions-based Research on Veterans

DraftKings and Kindbridge Research Institute Advance Veterans-Focused Responsible Gaming Research

Money-losing stocks like DraftKings haven't done well in 2021. It's down more than 50% from its 2021 highs.

It's Going to Be a Bumpy Ride For DraftKings Stock

DKNG stock is one to invest for the long-haul despite its recent roadblocks on the back of the company's monstrous growth potential. After the company's expansion to multiple states, investor's should stay positive to buy DKNG stock for the long term.

Buy DraftKings for its Monstrous Top-Line Growth Potential

Virgin Galactic

Zillow

Following last week's lackluster action in the stock market, it might surprise you that 2021 has been an excellent year, with the benchmark S&P 500 Index up 22%.

Deep Dive: These 60 stocks, including DraftKings, Zillow and Virgin Galactic, are down at least 50% from their 2021 highs

BOSTON, Nov. 29, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that Jason Robins, co-founder, Chief Executive Officer and Chairman of the Board, will participate in the following event:

DraftKings Announces Jason Robins' Participation in Upcoming Virtual Event

Brookfield Asset Management

Churchill Downs

Caesars Entertainment

Esports Technologies

MGM Resorts

Flutter Entertainment PLC

Scientific Games

In 2018 PASPA was declared unconstitutional and this opened the door for legalizing sports betting. The iGaming industry is expected to grow at a CAGR of 17.3% up until 2026.

Taking A Look At The iGaming Industry

Shares of sports-betting company DraftKings have slipped to 52-week lows, and three directors recently bought $2.6 million of shares.

DraftKings Stock Has Slumped. Insiders Are Betting on a Comeback.

Vail Resorts

Pinterest

Tilray Brands

Entertainment stocks to note as growth stocks lose momentum in the stock market now.

4 Entertainment Stocks For Your Watchlist Today

Big 5 Sporting Goods

Disney

The fact that so many people are even talking about these names speaks volumes about their potential movement.

3 Reddit Stocks to Buy in November

Activision Blizzard

Peloton

PayPal

Roku

AT&T

Twitter

Upstart Holdings

While the broader indices are hovering close to all-time highs, the rising tide has not lifted all boats this year. We recently put together a screener to find the most "oversold" and "beaten down" stocks in our coverage universe.

10 Oversold Stocks That Could Explode Higher At Any Moment

Target

The shares of DraftKings Inc (NASDAQ: DKNG) have received a $58 price target from Citi. These are the details.

DraftKings (DKNG) Stock: $58 Price Target From Citi

DraftKings Inc (NASDAQ: DKNG) has entered a deal with FaZe Clan, becoming the Official Sports Betting, iGaming, Daily Fantasy, and Free-to-Play Partner of the gaming, lifestyle, and media platform. Upcoming content activations will feature several FaZe Clan content creators, including FaZe Adapt, FaZe Temperrr, FaZe Nate Hill, FaZe Swagg, Nuke Squad, and more.

DraftKings Inks Deal With Lifestyle Platform FaZe Clan

DKNG stock is on a solid path to profitability as long as management can execute and legalization continues. The post DraftKings Could Win Big as Further Legalization Improves Odds appeared first on InvestorPlace.

DraftKings Could Win Big as Further Legalization Improves Odds

Deal Unites Leading Sports Entertainment and Lifestyle Brands Across Digital Platforms Deal Unites Leading Sports Entertainment and Lifestyle Brands Across Digital Platforms

Gaming and Content Trailblazer FaZe Clan Teams Up With DraftKings

Agreement Paves Way for DraftKings to Enter State of Kansas Agreement Paves Way for DraftKings to Enter State of Kansas

DraftKings Announces Mobile Sports Betting Deal with Boot Hill Casino & Resort

With the market hovering around at all-time highs, volatility has certainly picked up during earnings season.

3 Growth Stocks With Strong Brands, Low RSIs, And 50%+ Upside Potential

DKNG stock has shown its fighting spirit already. DraftKings has the opportunity to deliver results and earn Wall Street investors' trust.

DraftKings Stock Has Favorable Long-Term Odds In Its Favor

Wynn Resorts

Pay no attention to happy talk from the nine apps selected. The law is a license to lose money. The 51% tax rate is bad enough, but the geography of adjoining states with competitive odds could pose a cross-border challenge.

New York OKs Mobile Sports Betting Apps: No Slam Dunk For Stocks In The Sector

Guests will be able to enjoy the dynamic, fully integrated retail sportsbook that combines sports betting with dining, gaming and more Guests will be able to enjoy the dynamic, fully integrated retail sportsbook that combines sports betting with dining, gaming and more

News for DraftKings Stock (DKNG)