Monthly Unique Payers (MUPs)

Revenue segments as reported by the company.

Online Gaming

Gaming Software

Other

Sportsbook Revenue

iGaming Revenue

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

Short interest is the total number of shares lent out as per latest regulatory filings. Updated twice a month per FINRA reporting.

Short float is the total number of shares currently held as short positions divided by the total float as per latest regulatory filings. Updated twice a month per FINRA reporting.

Short float

Shorting

Short interest

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 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

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Earnings data Q2 2026

Earnings data Q3 2026

Earnings data Q4 2026

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.

DraftKings reports stellar Q4 results, eyes international expansion and debt markets

DraftKings delivered impressive financial performance in Q4 2024, showcasing revenue growth, operational efficiency, and strategic acquisitions, setting a positive outlook for fiscal year 2025. While the company faces challenges in promotional strategies and international expansion, opportunities in live betting, market expansion, and capital deployment offer avenues for sustained growth and market leadership. Investors should monitor DraftKings' execution of its guidance, focus on operational efficiency, and strategic initiatives to capitalize on industry trends and drive shareholder value in the competitive sports betting landscape.

DraftKings reports strong Q1 performance, faces challenges, eyes expansion

DraftKings' Q1 2025 performance was robust, with strong revenue growth and adjusted EBITDA. The company faces challenges in optimizing promotions, market share, and profitability. Opportunities for DraftKings include expansion strategies, product enhancements, and capital allocation.

DraftKings reports record Q2 revenue growth, eyes prediction markets

DraftKings delivered a strong performance in Q2 2025, marked by record revenue and adjusted EBITDA, driven by significant growth in sportsbook and iGaming net revenue. While facing challenges related to regulatory issues and acquisitions, the company remains optimistic about the upcoming sports seasons and the potential of prediction markets.

DraftKings projects strong revenue growth in 2025 despite Q3 challenges

DraftKings remains optimistic about its future growth prospects, driven by strong revenue projections, customer engagement, and strategic initiatives. Despite challenges in Q3, the company's focus on innovation, partnerships, and market expansion positions it well for long-term success.

DraftKings achieves record revenue and targets predictions market leadership

DraftKings delivered strong financial performance in Q4 2025, with record revenue and adjusted EBITDA, marking a milestone with positive net income reported for the first time. The company's strategic focus on predictions, supported by its competitive advantages, sets the stage for significant growth opportunities and long-term leadership in the industry.

DraftKings exceeds Q1 revenue expectations, focuses on Sports Predictions

DraftKings had a strong Q1 2026, with revenue exceeding $1.6 billion and a focus on strategic investments in Predictions, especially in Sports. While facing challenges in balancing growth initiatives with profitability, DraftKings aims to leverage its core strengths in Sportsbook for continued success. Anticipated opportunities from the World Cup and plans for combined Sports revenue reporting signal a positive outlook for DraftKings.

DraftKings reports robust Q2 earnings, eyes growth through product enhancements

DraftKings delivered a strong performance in Q2, showcasing growth in key metrics and maintaining revenue guidance. While facing challenges in competitive dynamics and market optimization, the company is well-positioned to capitalize on opportunities through strategic initiatives and product enhancements.

DraftKings bets big on Predictions, targets $800M–$1B EBITDA in 2027

DraftKings reported Q3 2026 revenue growth of 16% year-over-year to $1.33 billion, driven by strong Sportsbook performance (net revenue +36%) and accelerating iGaming customer acquisition (+76%). The company has significantly ramped its Predictions (event contracts) offering, with annualized consumer volume reaching $10.1 billion in October and over 1.6 million customers engaged year-to-date, prompting an increase in FY2026 predictions investment to $650M–$700M. This drove a sharp cut to FY2026 total adjusted EBITDA guidance to $175M–$275M, while FY2027 guidance was introduced at $800M–$1B in EBITDA on $7.35B–$7.75B in revenue. Management expressed high conviction in predictions payback periods and cross-sell dynamics even under adverse regulatory scenarios.

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. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.