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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EBITDA

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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 Inc. (NASDAQ:DKNG ) Q4 2022 Results Conference Call February 17, 2023 8:30 AM ET Company Participants Stanton Dodge - Chief Legal Officer Jason Robins - Co-Founder, Chief Executive Officer and Chairman Jason Park - Chief Financial Officer Conference Call Participants Shaun Kelley - Bank of America David Katz - Jefferies Jason Bazinet - Citi Carlo Santarelli - Deutsche Bank Ed Young - Morgan Stanley Jed Kelly - Oppenheimer Robert Fishman - MoffettNathanson Clark Lampen - BTIG Ben Chaiken - Credit Suisse Michael Graham - Canaccord Genuity Bernie McTernan - Needham & Company Ryan Sigdahl - Craig-Hallum Dan Politzer - Wells Fargo Brandt Montour - Barclays Joe Stauff - SIG Chad Beynon - Macquarie Robin Farley - UBS Joe Greff - JPMorgan Operator Good day and thank you for standing by. Welcome to the Fourth Quarter 2022 DraftKings Earnings Conference Call.

DraftKings Inc. (DKNG) Q4 2022 Earnings Call Transcript

Shares of DraftKings (NASDAQ: DKNG ) stock are up by about 15% after the sports betting company released its fourth-quarter earnings and raised its 2023 revenue guidance. DraftKings now expects revenue between $2.85 billion and $3.05 billion for 2023, up from the previous guidance of between $2.8 billion and $3 billion.

5 Investors Betting Big on DraftKings (DKNG) Stock Right Now

DraftKings was the No. 1 most downloaded sportsbook during Super Bowl LVII.

Super Bowl Weekend a Touchdown for DraftKings

DraftKings jumped after the sports betting company reported stronger than expected revenue and raised its outlook.

DraftKings stock surges after sports-betting company boosts outlook

DraftKings Inc (NASDAQ: DKNG) is up nearly 20% this morning after reporting strong results for its fourth financial quarter. DraftKings' guidance for the full year The sports betting company also expects its financial performance to remain strong as it continues to penetrate new states.

DraftKings stock is up 20% on Friday: explained here

Shares of DraftKings Inc. were surging 15% in Friday trading after the sports-betting company pleased investors with its talk of efficiency.

DraftKings' stock rockets as earnings ‘send a powerful message'

DraftKings (NASDAQ: DKNG) Q4 report was everything the market could have hoped for and more. Adding new jurisdictions, deepening penetration and increasing monetization have given the company leverage and shortened the time until profitability.

DraftKings Crowning Achievement: Leverage

DraftKings Inc. cleared $800 million in revenue in the fourth quarter, a new record just one quarter after topping $500 million for the first time, as the online-gambling company's move into new states continues to boost sales.

DraftKings stock gains after record revenue and increased 2023 guidance

Applied Materials

DoorDash

Also, we see quarterly revenue beats this afternoon from AMAT, DASH and DKNG.

Markets Head South on 50 bps Rhetoric from Fed Members

HubSpot

The stock market dropped sharply, but good news from these companies lifted their shares.

These 2 Stocks Just Paid Off for Smart Investors

Draftkings Inc (NASDAQ:DKNG) shares have jumped in after-hours trading as the digital sports entertainment and gaming company posted a fourth-quarter revenue beat and raised its fiscal 2023 guidance.   DraftKings stock had added 6.3% at US$18.94 shortly after the release of its results.

DraftKings shares pop on 4Q revenue beat and improved 2023 guidance

Expects to Exit Fiscal Year 2023 with More Than $700 Million in Cash and Generate Positive Adjusted EBITDA in Fiscal Year 2024 Expects to Exit Fiscal Year 2023 with More Than $700 Million in Cash and Generate Positive Adjusted EBITDA in Fiscal Year 2024

DraftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million

DraftKings, Inc DKNG was trading about 2.6% higher Thursday as the company heads into its fourth-quarter earnings print after the close.

Trading Strategies For DraftKings Stock Before And After Q4 Earnings - DraftKings (NASDAQ:DKNG)

Grid-iron and grid-lock will be talking points as investors in Draftkings Inc (NASDAQ:DKNG) later today look for color commentary into the ongoing state-by-state opening of legal sports betting. Perhaps more pertinent will be guidance on DraftKing's route to profitability, according to stockbroker Canaccord, which also sees the recent NFL playoff and Superbowl results as a boon for the bookie.

DraftKings route to profitability will be in spotlight as it reports on 4Q

The sports betting firm is expected to report an adjusted loss of 46 cents a share for its fourth quarter, wider than the 35 cent loss recorded a year ago.

DraftKings Earnings Are Today. Analysts Are Worried About 2023.

Deere & Company

Vale S.A.

In the first half-hour of trading on Wednesday, the Dow Jones industrials were down 0.41%, the S&P 500 down 0.35% and the Nasdaq down 0.13%.

Earnings Previews: Applied Materials, Deere, DraftKings, Vale

DraftKings (DKNG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for DraftKings (DKNG) This Earnings Season?

The Super Bowl matchup between the Chiefs and the Eagles proved to be a huge night for gamblers and sportsbooks.

Super Bowl betting sets records for sportsbooks

Coinbase

Rob Gronkowski is one of the biggest names in football. Only one season removed from his playing career, Gronkowski has built a reputation as one of the most formidable tight ends in the history of the sport, thanks in no small part to teammate Tom Brady.

Why You Should Ignore the Sports Betting Hype at This Year's Super Bowl

DraftKings Inc (NASDAQ: DKNG) has been a story of sheer strength in recent weeks and that strength, as per its chief executive, will only continue moving forward. Super Bowl will be a big event for DKNG CEO Jason Robins is convinced that the sports betting company will greatly benefit from “Super Bowl” this Sunday.

DraftKings CEO explains what Super Bowl means for the company

Anheuser-Busch InBev

So is there a way to invest in the Super Bowl?

2 Stocks for Super Bowl Sunday

Churchill Downs

Chipotle

MGM Resorts

Molson Coors Brewing

Plus, a look at the business of gambling.

Restaurant Investors Might Have Something New on the Menu

On February 9, 2023, Roth Capital downgraded their outlook for Draftkings from Neutral to Sell.

Roth Capital Downgrades DraftKings

It's going to be a big week for DraftKings, between the Super Bowl and then earnings

Sports Betting Stock Eyes Superbowl Week

Caesars Entertainment

Domino's Pizza

Coca-Cola

Papa John's

Wingstop

Super Bowl LVII is this Sunday, with the Kansas City Chiefs and the Philadelphia Eagles vying for the championship.

News for DraftKings Stock (DKNG)