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.

Plug Power

Plug Power and DraftKings are growing revenue explosively while generating losses on the bottom line.

Best Growth Stock to Buy: Plug Power vs. DraftKings

Corsair Gaming

Playtika Holding

Stocks like DKNG, PLTK and CRSR are likely to benefit from improving visitation. Moreover, robust demand for sports betting is aiding the industry.

3 Gaming Stocks That Outperformed Industry in the Past 6 Months

Does DraftKings (DKNG) have what it takes to be a top stock pick for momentum investors? Let's find out.

DraftKings (DKNG) is a Great Momentum Stock: Should You Buy?

Carvana

ImmunityBio

Luckin Coffee

Novavax

Upstart Holdings

vTv Therapeutics

There are some similarities between gambling and buying high-risk, high-reward stocks. In both scenarios, you could make a great deal of money or you could lose all of it.

7 High-Risk, High-Reward Stocks to Buy in June

DraftKings' NASDAQ: DKNG upswing is gaining momentum and offers a royally good upside for investors. The Q1 results were strong and came with robust guidance that sparked a wave of commentary from the analysts.

DraftKings Stock, Is There Royally Good Upside Ahead?

Tesla

Uber

Chipotle

e.l.f. Beauty

Wingstop

As the market continues its ascent, Nvidia holds its massive gains while Tesla stock, Uber and Wingstop accelerate their recent breakouts.

Tesla Stock, Uber Race Ahead While 3 Stocks Get Spicy

Wynn Resorts

Robust demand for online betting bodes well for the Gaming industry. Stocks like DKNG, WYNN and CRSR are benefiting from an improving industry trend.

3 Stocks to Buy From a Promising Gaming Industry

DraftKings has given multiple chances at gains this year. Here's our playbook for how we've handled it.

DraftKings Stock Ends Up Being A Good Bet

The sports wagering business is still taking shape, opening the door to market-share gains from leading players. And the market itself is set to continue growing for years thanks to new states legalizing it.

DraftKings Stock: Buy, Sell, or Hold?

Apple

DexCom

Fortinet

Li Auto Inc.

NVIDIA

Spotify

Tractor Supply

Want to ride the hot hand of the market? Consider these nine momentum stocks that are climbing the charts this year.

9 Momentum Stocks to Buy Now

BYD Co Ltd

Enphase Energy

Kinross Gold

Palo Alto Networks

Sociedad Quimica Y Minera De Chile

Trade Desk

As the stock market continues its perpetual dance, marked by unpredictable highs and lows, wagering on the top hyper-growth stocks could be an interesting contrarian move. Hyper-growth stocks have separated themselves from the pack with their robust top-line growth and an incredibly optimistic outlook among discerning investors.

7 Hyper-Growth Stocks to Buy Before They Soar to New Heights in 2023

Exact Sciences

Tesla, DraftKings, and Exact Sciences all saw their shares tank in 2022. But this year they have been some of the ARK Innovation ETF's best performers.

3 High-Flying Cathie Wood Stocks That Are Up Over 50% This Year

What Makes DraftKings (DKNG) a Strong Momentum Stock: Buy Now?

A prognosticator tracking the stock now feels it's an unambiguous buy. That analyst also cranked her price target more than 50% higher.

Why DraftKings Stock Was a Winning Bet Today

Sports-betting firm DraftKings (NASDAQ: DKNG ) popped about 7% higher today. A UBS analyst upgraded DKNG stock, despite it already more than doubling so far this year.

DraftKings (DKNG) Stock Gains 7% on UBS Upgrade

Boeing

ASML Hld

Cadence Design Systems

Dow Jones aerospace and defense giant Boeing, along with ASML, Cadence and DraftKings, are in or near buy zones in today's stock market. The post Dow Jones Aerospace Giant Boeing Eyes Latest Buy Point.

Dow Jones Aerospace Giant Boeing Eyes Latest Buy Point. 3 Others To Buy And Watch.

Celsius Holdings

Growth is accelerating at DraftKings and Celsius, soaring 84% and 95% respectively in their latest financial updates. DraftKings has boosted its guidance in back-to-back quarters, and its losses are finally starting to narrow.

2 Growth Stocks to Invest $2,000 in Right Now

DraftKings Inc. is starting to benefit more from its scale, and that dynamic could help power its stock further, according to an analyst.

DraftKings' stock has doubled this year, but one new bull sees more room to run

Analysts are eagerly pushing buy calls on DraftKings Inc. DraftKings' valuation has been meaningfully cut down and ''de-risked.''

DraftKings: What Analysts Are Seeing

UBS analyst Robin Farley upgraded sports-betting firm DraftKings to Buy from Neutral, and lifted her price target to $30 from $19.

DraftKings Stock Has Doubled in 2023. One Analyst Sees More Upside.

Analysts at UBS have awarded Draftkings Inc (NASDAQ:DKNG) a ‘Buy' rating with a $30 price target as the sports gambling company penetrates new markets.  Following strong first-quarter results earlier in May, the broker raised its price target for DraftKings from $19, saying expansion into new markets should fuel the company's growth.

DraftKings earns target increase from UBS as new markets open scope from growth

The shares of DraftKings Inc (NASDAQ:DKNG) are 3.8% higher to trade at $25.02 this morning, after UBS upgraded the sports gambling company to "buy" from "neutral.

Analyst: Gamble on DraftKings Stock Now

DraftKings has a long runway for growth still ahead. The company is progressing toward sustained profitability.

A Bull Market Is Coming: 3 Reasons to Buy DraftKings Stock

A boastful teenage hacker has been charged with orchestrating a break-in to the sports betting website DraftKings, which led to $600,000 being drained from hundreds of customer accounts.

‘Fraud is fun': Teen hacker charged with breaking into DraftKings accounts leading to theft of $600,000

Federal prosecutors on Thursday announced criminal charges against an 18-year-old Wisconsin man for a scheme to hack user accounts of the sports betting site DraftKings.

News for DraftKings Stock (DKNG)