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

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Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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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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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.

Los Angeles, California--(Newsfile Corp. - December 20, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ: DKNG) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against DraftKings Inc. and Encourages Investors with Losses to Contact the Firm

DraftKings Inc. is faced with large competitors, more equipped to effectively scale an online gaming platform. The primary revenue driver for DraftKings is their online sportsbook, a notoriously low-margin industry.

DraftKings Must Figure Out Its Margin Issues Before It's Too Late

Citi analyst Jason Bazinet maintains his Buy rating of DraftKings.

DraftKings Is Questioned by the Market. Citi Says the Stock Is a Buy.

NEW YORK , Dec. 7, 2022 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against DraftKings Inc. ("DraftKings" or the "Company") (NASDAQ: DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/dkng.

Bronstein, Gewirtz & Grossman, LLC Announces DraftKings Inc. (DKNG) Investigation

Churchill Downs

Shares of DraftKings Inc. DKNG, -4.23% jumped 2.3% in premarket trading Tuesday, after the online sports betting and fantasy sports company and Churchill Downs Inc. CHDN, -1.01% announced a multi-year agreement that will bring betting on horse racing to DraftKings. Churchhill Downs' stock was inactive in the premarket.

DraftKings stock jumps after deal with Churchill Downs to launch horse race betting app ahead of the Kentucky Derby

DK HORSE Will Give DraftKings' Customers the Ability to Bet on Horse Racing DK HORSE Will Give DraftKings' Customers the Ability to Bet on Horse Racing

Churchill Downs Incorporated and DraftKings Inc. Enter Agreement to Develop and Launch DK HORSE

Penn Entertainment

Shares of DraftKings Inc. DKNG, -1.30% dropped 5.9% in premarket trading Monday, after J.P. Morgan analyst Joseph Greff turned bearish on the online sports betting and fantasy sports company, saying he sees a "longer runway and more risk" to achieving online-sports-betting (OSB) profitability than peers.

DraftKings stock sinks after J.P. Morgan turns bearish, PENN Entertainment also downgraded

While the sports betting company raised its financial forecasts for 2022 earlier this month it forecast a 2023 loss that was worse than some expected.

DraftKings Falls on Analyst Downgrade. It's all About Its Outlook.

Shares in the online betting company are not as cheap as they look on the surface.

Down 46%, is DraftKings Stock Finally a Buy?

Sports-betting firm DraftKings Inc said on Monday login information of some customers was compromised on other websites.

DraftKings says login information of some customers was compromised

As markets continue to wade into negative territory, investors have little reason to feel bullish today. However, for investors in DraftKings (NASDAQ: DKNG ) stock, there are even more reasons for concern right now.

Why Is DraftKings (DKNG) Stock Down 10% Today?

The company said it has identified less than $300,000 of customer funds that were affected by unusual activity.

DraftKings says no evidence systems were breached following report of a hack

Shares of DraftKings Inc. DKNG, -6.58% were off 8% in afternoon trading Monday after an Action Network report highlighted customer stories of weekend instances in which they said money left their accounts without their permission. In one reported instance, a customer saw a series of unauthorized withdrawals from the bank card that he uses for his deposits, while in another, a customer saw a withdrawal from his DraftKings account that he didn't authorize.

DraftKings stock falls after report cites cases of unauthorized account withdrawals

DraftKings (DKNG) to launch its online sportsbook in Maryland on Nov 23

DraftKings (DKNG) Set to Launch Online Sportsbook in Maryland

The customer support Twitter account for DraftKings acknowledges "customers having issues with their accounts."

DraftKings Says Investigating Report of Customer Accounts Being Hacked

DraftKings Inc (NASDAQ: DKNG) shares are trading lower Monday following reports that user accounts on the company's platform have been hacked. DraftKings took to Twitter late Sunday to

DraftKings Stock Turns Sharply Lower: What's Going On? - DraftKings (NASDAQ:DKNG)

DraftKings Inc (NASDAQ: DKNG) has been a pain for its shareholders this year but a Piper Sandler analyst says it'll be a different story for those who buy it here.

This sports betting stock could rally up to 40%: Piper Sandler

DraftKings stock is initiated at Overweight by analysts at Piper Sandler.

DraftKings Stock Price Represents 'Attractive Long-Term Entry Point,' Analyst Says

Things are looking up for the online betting platform.

Why DraftKings Stock Gained Ground This Morning

DraftKings (NASDAQ: DKNG ) stock fans will want to keep an eye on the company when it launches online betting in a new area next week. Starting on Nov. 23, residents of Maryland will gain access to the DraftKings' online sportsbook.

Dear DKNG Stock Fans, Mark Your Calendars for Nov. 23

BOSTON, Nov. 18, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that, following a mandatory early access test period from November 21-22, 2022, it expects to launch its online sportsbook in Maryland, pending receipt of regulatory approvals, on November 23, 2022. The top-rated DraftKings Sportsbook app is expected to be fully live for eligible customers ahead of the NFL action on Thanksgiving Day. DraftKings will offer customers in Maryland a best-in-class sports betting experience, including the opportunity to place a variety of bets, such as same-game parlays, player props, special odds boost selections, and more.

DraftKings Slated to Launch Online Sportsbook in Maryland on November 23

MGM Resorts

Flutter Entertainment PLC

The sports betting industry has grown enormously recently, and with it has come many great investment opportunities, including in stocks. The internet has made it possible to bet on a range of sporting events from around the world, and smart platforms make it possible to gamble on the go.

Top 3: The best sports betting stocks for Q4 2022

The mobile gambling business is expanding into new markets and increasing its focus on profitability.

What's Going on With DraftKings Stock?

The online gaming company can't be happy with this election result.

Bad News for DraftKings Stock Investors

DraftKings buyers are attempting to reverse the post-earnings selloff last week, sending short-sellers into a massive covering rally. The Fed's painful rate hikes could be nearing their end. Management remains confident in its path toward profitability. However, its revised outlook didn't impress the market, as the market had anticipated better execution.

News for DraftKings Stock (DKNG)