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

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Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

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Net PPE

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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.

While many have Duke, Gonzaga or Kansas winning the 2023 men's college basketball championship, the event's biggest winner might be DraftKings Inc. (NASDAQ:DKNG).

Why DraftKings Could Keep Outperforming in 2023

NEW YORK--(BUSINESS WIRE)---- $DKNG #DKNG--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of non-fungible tokens (“NFTs”) of DraftKings Inc. (NASDAQ: DKNG) between August 11, 2021 and March 9, 2023, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 8, 2023.

ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages DraftKings Inc. Investors to Secure Counsel Before Important Deadline – DKNG

The consensus price target hints at a 28.4% upside potential for DraftKings (DKNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think DraftKings (DKNG) Could Surge 28.43%: Read This Before Placing a Bet

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The opportunity in front of DKNG is evident as more states legalize online sports betting. However, the company needs to prove it can generate positive EBITDA and free cash flow.

DraftKings Is A Speculative Bet

NEW YORK , March 13, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of DraftKings Inc. ("DraftKings" or the "Company") (NASDAQ: DKNG). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DraftKings Inc. (DKNG)

NEW YORK , March 11, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of non-fungible tokens ("NFTs") of DraftKings Inc. (NASDAQ: DKNG) between August 11, 2021 and March 9, 2023, inclusive (the "Class Period"). A class action lawsuit has already been filed.

DKNG EQUITY ALERT: ROSEN, A LEADING NATIONAL FIRM, Encourages DraftKings Inc. Investors with Losses to Secure Counsel Before Important Deadline - DKNG

DraftKings Inc.'s battleground lies in its extravagant use of stock-based compensation. Plus the fact that right now the business is hemorrhaging cash.

DraftKings: A Bet Worth Taking

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of non-fungible tokens ("NFTs") of DraftKings Inc. (NASDAQ: DKNG) between August 11, 2021 and March 9, 2023, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 8, 2023.

DKNG EQUITY ALERT: ROSEN, SKILLED INVESTOR COUNSEL, Encourages DraftKings Inc. Investors to Secure Counsel Before Important Deadline – DKNG

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The answer might surprise you. The Trade Desk (TTD 1.01%), DraftKings (DKNG 1.14%), and DataDog (DDOG -3.80%) operate in different industries, but one thing they have in common is revenue growth. This video will pit the three growth stocks against each other and let you know which is the best one to buy right now.

Best Growth Stock to Buy: The Trade Desk vs. DraftKings vs. DataDog

Plans for Launch in the Commonwealth Include Ceremonial Bet Celebration, Boston Sports Watch Parties and More Plans for Launch in the Commonwealth Include Ceremonial Bet Celebration, Boston Sports Watch Parties and More

DraftKings Set to Launch Online Sportsbook in Home State of Massachusetts on March 10

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If you're looking for the best fintech stock to buy, the world's largest fintech exchange-traded fund (ETF) is an excellent place to start. That distinction is held by Cathie Wood's ARK Fintech Innovation ETF (NYSEARCA: ARKF ), with total net assets of $860.4 million.

What Is the Best Fintech Stock to Buy Now? Our 7 Top Picks.

DraftKings' fourth-quarter earnings impressed Wall Street across the board.

Is This the King of Betting Stocks?

The average of price targets set by Wall Street analysts indicates a potential upside of 27.7% in DraftKings (DKNG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 27.65% Upside in DraftKings (DKNG): Can the Stock Really Move This High?

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The sports betting business hasn't even penetrated the country's biggest markets yet.

DraftKings' Blowout Q4 Is Just the Beginning for This Stock

Sports-betting company DraftKings (DKNG) shares jumped considerably post earnings.

DraftKings (DKNG) Surges Post Earnings: ETFs in Focus

Analysts at Canaccord Genuity (TSX:CF, LSE:CF) Group Inc raised their price target on Draftkings Inc (NASDAQ:DKNG) shares to $30 from $28, citing strong operational execution which had anchored fourth quarter results and a promising outlook. The pandemic-era meme stock currently trades around $19.92 on the tech-dominated Nasdaq.

DraftKings gets a price target raise to $30 from $28 from Canaccord as operational execution drives outlook

Canaccord raises DraftKings price target to $30 from $28, citing strong operational execution driving outlook

Sportsbook giant DraftKings (NASDAQ: DKNG) was up 18% in early trading on Friday following strong earnings results, logging huge wins on revenue, repeat customers, and cost-cutting.

The Real Super Bowl Winner: DraftKings

DraftKings reported shrinking losses in its recent quarterly update.

DraftKings Stock Soars After Earnings. Should You Buy Now?

Leisure and travel names showed serious stock market gains this past week.  The CE 100 Index gained 2% last week — driven by the “Have Fun” pillar, which led advancing issues — as earnings season continued to dominate headlines and investor sentiment.

Investors Bet on DraftKings as 28% Rally Leads CE 100 Higher

This red-hot growth stock should have a lot more room to run over the long haul.

Up 80%, Is This Supercharged Growth Stock Still a Buy?

Investors applauded the sportsbook operator's sharpened focus on efficiency and profitability.

News for DraftKings Stock (DKNG)