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 is the #2 player in the online sports betting market. It has made meaningful market share gains in FQ3. However, its FQ3 performance came in below the consensus estimates. Negative variance on its hold and additional promotional activities contributed to the miss.

DraftKings Stock Earnings: What Investors Should Watch After Recent Report

Entain is focused on broadening its ESG scope, led by a continued focus on combating problem gambling with its sophisticated A.I. predictive modeling.

Entain Moves Past Breakdown In DraftKings' Talks, Unveils Comprehensive ESG Initiative

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DraftKings has made significant progress in adding new markets, and there is plenty of room for more.

DraftKings Continues State-by-State Expansion in Q3

Entain's U.S. online sportsbook venture BetMGM was one of the reasons why DraftKings' $22 billion offer to buy the British sports betting and gambling firm fell through last month, Entain's boss told Reuters on Wednesday.

Entain boss says U.S. JV played role in sinking $22 billion DraftKings deal talks

MGM Resorts, DraftKings and Fanduel had considered teaming up with Barstool Sports to apply for NY online sports-betting license this summer -- and scrapped the idea because of Dave Portnoy's past erratic behavior, sources told The Post.

MGM, Draft Kings weighed — then nixed — tie-up with Dave Portnoy for NY sports betting license

Sports betting pure play company DraftKings Inc (NASDAQ:DKNG) reported third-quarter financial results on Friday. Analysts shared their takes on the company's quarterly results and guidance.

DraftKings Analysts Unimpressed By Q3 Earnings, But Sports Betting Company's 2022 Guidance A Highlight

The New York State Gaming Commission approves nine companies to offer mobile sports betting in the state.

DraftKings and FanDuel Among Firms Approved for New York Sports Betting Licenses

Caesars Entertainment

The New York State Gaming Commission has approved nine online sports-betting operators for licenses, including DraftKings, FanDuel, Bally Sports, BetMGM, PointsBet, Caesars, WynnBet, Kambi and Resorts World.

DraftKings, Caesars among 9 approved sports-betting operators in New York

AMC Entertainment

Intercontinental Exchange

AMC Entertainment, Bitcoin, DraftKings and Intercontinental Exchange were our top stock trades for Tuesday. Now, let's look at the charts.

4 Top Stock Trades for Tuesday: AMC, Bitcoin, DKNG, ICE

After a promising start to the year, things have gotten a little murky for sports betting staple DraftKings Inc  (NASDAQ:DKNG).

Options Traders Keep Betting on Struggling DraftKings Stock

Online Sportsbook Launch to Follow Pending Licensure and Regulatory Approvals Online Sportsbook Launch to Follow Pending Licensure and Regulatory Approvals

Golden Nugget Lake Charles to Open New DraftKings Retail Sportsbook

DraftKings' online sports betting still has plenty of room to grow in the United States.

Is This a Buying Opportunity for DraftKings?

As legalization opens up markets, companies are in a race to stake their claim to this pie.

Here's Why DraftKings Spent Almost Half a Billion Dollars to Acquire Users

Apple

Dell Technologies

Intel

Even with the indexes at all-time highs, The Udall Report's publisher Sean Udall still has a few issues on his “buy” radar. The tech stock strategist shared the fundamental reasons for the two issues and detailed his game plan moving forward on Friday's PreMarket Plus show.

PreMarket Prep Plus: Why Sean Udall Is Buying DraftKings, Apple

DraftKings Inc. (DKNG) CEO Jason Robins on Q3 2021 results - Earnings Call Transcript

Sports betting company DraftKings Inc shelved its $22 billion buyout of British rival Entain Plc last month to focus on its core U.S. market, Chief Executive Officer Jason Robins said on Friday.

DraftKings called off Entain deal to focus on U.S. - CEO

Amazon

DraftKings Inc (NASDAQ: DKNG) blamed higher cost of revenue as it reported widened loss and lower-than-expected revenue for its fiscal third quarter on Friday. Shares opened 5.0% down but recovered entirely in a few hours.

DraftKings' CEO: ‘we want to be in the same conversation with companies like Amazon'

DraftKings (DKNG) delivered earnings and revenue surprises of -21.62% and -5.36%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

DraftKings (DKNG) Reports Q3 Loss, Misses Revenue Estimates

DraftKings Inc (NASDAQ:DKNG) is trading lower Friday after the company announced its third-quarter financial results. DraftKings reported quarterly revenue of $213 million, up from $133 million year-over-year.

Why DraftKings Shares Are Falling Today

DraftKings Inc (NASDAQ: DKNG) reported third-quarter FY21 sales growth of 60.1% year-on-year, to $212.82 million, missing the analyst consensus of $236.6 million. "On a same state basis and taking into consideration lower than expected hold primarily due to NFL game outcomes, third quarter revenue would have been $40 million higher," CFO Jason Park said.

DraftKings Shares Slide On Q3 Revenue Miss, Narrowed FY21 Revenue Outlook

Betting firm DraftKings Inc tightened its forecast for annual revenue, saying it recorded a $25 million hit due to payouts following customer-friendly results in the National Football League (NFL).

News for DraftKings Stock (DKNG)