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

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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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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SG&A

Operating income

EBITDA

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Earnings per share

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Cash & equivalents

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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.

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

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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.

DraftKings: Earnings Selloff Meets The Bullish Reversal

DraftKings share price continues to slip, even with a revenue beat and fewer losses than expected, and analysts have rated the stock a moderate Buy.

Analysts Rate DraftKings a Moderate Buy As Growth Slows

The nation's interest in legalizing sports wagering may not be as firm as once believed.

Why DraftKings Shares Are Down More Than 7% on Wednesday

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The last half decade has seen astonishing growth for US sportsbooks as America takes the stabilisers off sports gambling US Sports betting has flourished since 2018 when the ‘Bradley Act' that had outlawed most gambling nationwide was repealed. Cut to 2022 and FanDuel and DraftKings are rampant all over the US garnering huge market caps, with growth that doesn't appear to be slowing.

FanDuel and DraftKings' supercharged growth explained

DraftKings (NASDAQ: DKNG) saw its disappointing year continue with another earnings report that did not sit well with investors.

Sports Betting is as Big as Ever: Why is DraftKings Still Falling?

DraftKings stock was down 28% on the day it announced earnings results.

Is DraftKings Stock a Buy After Q3 Earnings?

Slower projected growth spooked shareholders.

Why DraftKings Stock Plunged Today

DraftKings stock fell as much as 26% on Friday despite the sports betting company posting higher-than-expected revenue for its third-quarter earnings report.

DraftKings shares tumble after monthly users fall short of estimates

DraftKings CEO Jason Robins weighed in on the fantasy sports contest and sports betting company's stock dropping Friday after it reported its quarterly earnings.

DraftKings CEO: Investors missing a good bet

DraftKings stock fell as much as 26% Friday despite the sports betting company posting higher-than-expected revenue for its third quarter earnings report.

DraftKings shares tumbles after monthly users fall short of estimates

Shares of DraftKings Inc. were headed for their worst daily performance on record Friday after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of profits.

DraftKings stock heads for worst day on record as patience with losses ‘remains thin'

DraftKings Inc. (NASDAQ:DKNG ) Q3 2022 Earnings Conference Call November 4, 2022 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 David Katz - Jefferies Shaun Kelley - Bank of America Edward Young - Morgan Stanley Jason Bazinet - Citigroup Jed Kelly - Oppenheimer Carlo Santarelli - Deutsche Bank Michael Graham - Canaccord Genuity Bernie McTernan - Needham & Company Ryan Sigdahl - Craig-Hallum Capital Joseph Stauff - Susquehanna Financial Group Jordan Bender - JMP Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the DraftKings Q3 2022 Earnings Call. [Operator Instructions] I would now like to turn the call over to your host, Stanton Dodge, Chief Legal Officer.

DraftKings Inc. (DKNG) Q3 2022 Earnings Call Transcript

DraftKings Inc (NASDAQ:DKNG) is down 23.6% to trade at $11.98, despite the sports betting company reporting better-than-expected third-quarter results and raising its revenue outlook.

DraftKings Stock Heading for Worst Day of 2022

DraftKings Inc (NASDAQ: DKNG) reported better-than-expected results for its fiscal third quarter on Friday and issued encouraging guidance for the future. Shares still tanked nearly 25%.

What made DraftKings stock tank 25% on Friday?

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PayPal's Falling, but This Nasdaq Stock Looks Like an Even Worse Bet

DraftKings (DKNG) delivered earnings and revenue surprises of 6.54% and 15.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

News for DraftKings Stock (DKNG)