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.

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

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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.

Pink ‘Em Program Established in 2019 Has Donated Over $330,000 to Fund Breast Cancer Research Through Free-to-Play Pools Pink ‘Em Program Established in 2019 Has Donated Over $330,000 to Fund Breast Cancer Research Through Free-to-Play Pools

The Larry Fitzgerald Foundation to Join DraftKings in Fourth Annual Charity Initiative to Raise $100,000 for Breast Cancer Awareness Month

Apple

Coupang

Moderna

Perficient

Tenable Holdings Inc

In this market slowdown there appear to be fewer growth stocks to buy, but patience will be rewarded. It's been a forgettable year, to say the least, for equity investors.

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Allbirds

Beyond Meat

The latest interest rate hike came with an unexpected casualty.

Why Shares of Beyond Meat, DraftKings, and Allbirds Cratered This Week

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With football season starting up, there has been a huge increase in sports betting in the last week. From last Thursday-Sunday, this betting was up an incredible 72% year-over-year!

Sports Betting Record: What Does it Mean for the Industry?

VanEck Investment Grade Floating Rate ETF

MGM Resorts

Football season is officially underway and this year is expected to be huge for sports betting stocks, particularly for wagers placed online. Since 2018, a total of 30 U.S. states have legalized sports betting, including 21 states that now allow online betting.

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Intellia Therapeutics

Roblox

Teladoc

Verve Therapeutics

It's been a difficult year for Cathie Wood stocks and exchange-traded funds, as the ARK Innovation ETF (NYSEARCA: ARKK ) has lost over 50% of its market capitalization. The losses have been driven by supply chain inefficiencies, inflation, and subsequent interest hikes to combat inflation.

5 Top Stocks Cathie Wood Is Buying Right Now

Li Auto Inc.

Transocean

Riot Blockchain

Solid Power

For short-to-medium-term investors, the markets are at an interesting point. Historically, September has been the worst-performing month for the S&P 500 in terms of average returns.

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Butterfly Network

UiPath

Roku

Zoom Video

Source: rhendrikdwenz via Shutterstock Aggressive growth fund manager Cathie Wood is among the most-watched investors in the game right now. Known for her big bets on innovation, Wood has transformed how many investors think about positioning portfolios.

5 Stocks Cathie Wood Just Bought on the Dip

Ark Invest has bought shares of the online wagering specialist for seven straight trading days.

When Will Cathie Wood Stop Buying DraftKings Stock?

Fluent Inc

Freshpet

Penn Entertainment

Shake Shack

Vista Outdoor

YETI

Kim Kardashian, one of the biggest names in the entertainment world, is making her move in the world of private equity. The development already has Wall Street buzzing over the top Kim Kardashian stocks to buy.

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Source: sutadimages / Shutterstock There's always a bull market somewhere. And right now, the biggest bull market on Wall Street is happening in the sports betting world.

The Lucrative Sports Betting Boom Has Begun

DraftKings to be Featured Across Programming and Provide Digital Content During Thursday Night Football on Prime Video

Amazon Selects DraftKings as a Sponsor and the Exclusive Pregame and In-Game Odds Provider for Thursday Night Football on Prime Video

There was a wave of underdog victories in NFL Week 1. DraftKings and other online sports betting companies could be the beneficiaries.

Underdogs Had a Good NFL Week 1. DraftKings Stands to Benefit.

Cathie Wood-led Ark Investment Management bought over 87,000 shares of software company UiPath Inc (NYSE: PATH) on Friday, valued at over $1.2 million based on the day's closing price.

DraftKings (NASDAQ:DKNG), UiPath (NYSE:PATH) – Cathie Wood Adds Over $1.2M In UiPath Shares, Piles Into This Sports Betting Stock As Well

Opendoor

Upstart Holdings

In light of the market's recent performance, you may be wondering what Nasdaq stocks to sell to reduce losses. While these types of stocks (as measured by the Nasdaq Composite) have already been hit hard year-to-date, it's unclear whether a “bottoming out” has finally happened.

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Over the past week, two of Cathie Wood's exchange-traded funds (ETFs) have purchased additional shares of DraftKings (NASDAQ: DKNG ) stock. DraftKings enables consumers to bet money on sports contests and casino games.

Cathie Wood Is Doubling Down on DraftKings (DKNG) Stock

A record number of Americans are expected to place bets this football season. That could be a boon to DraftKings.

The NFL Is Back. Is DraftKings Stock Back With It?

DraftKings to Drop Aoki 2022 All-Star Access Pass for Reignmakers Football DraftKings to Drop Aoki 2022 All-Star Access Pass for Reignmakers Football

Steve Aoki to Join DraftKings as Brand Ambassador for DraftKings Marketplace

The online gaming company has done an excellent job expanding into new markets.

1 Green Flag That Could Send DraftKings Stock Soaring in 2022

Rush Street Interactive

These high-flying stocks have fallen flat as investments.

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DKNG has pulled back 30% from its August highs after surging nearly 60% from its May lows. We posited in our previous update that DKNG has likely bottomed, which materialized. DraftKings' Q2 release demonstrated that the company could navigate challenging macro headwinds well, vindicating management's confidence in its previous commentary.

DraftKings: Be Patient And Don't Rush To Buy Now

Shares of DraftKings remain down more than 40% year to date as investors have shed growth stocks in favor of safety. This is in spite of a plethora of fundamental catalysts for DraftKings, including legalization of sports betting in New York and the California ballot measure this November.

DraftKings: Keep Buying While It's Low

DraftKings Inc. (DKNG) announces the launch of its top-rated mobile sportsbook in Kansas on Sep 1, 2022, as the contracting counterparty of BHCMC, LLC, manager of Boot Hill Casino & Resort.

DraftKings (DKNG) to Launch Its Online Sportsbook in Kansas

Butler National Corporation

- Boot Hill Casino & Resort will begin taking online bets through the sportsbook platform DraftKings - OLATHE, Kan. , Sept. 1, 2022 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), through its wholly-owned subsidiary that manages Boot Hill Casino & Resort in Dodge City, Kansas, will launch online mobile sports betting through its online platform partner, DraftKings Inc. (NASDAQ: DKNG), today.

BUTLER NATIONAL CASINO SUBSIDIARY ANNOUNCES ITS LAUNCH OF MOBILE SPORTS BETTING IN KANSAS

Coinbase

General Motors

Matterport

NVIDIA

Unity Software

During the pandemic years, Cathie Wood's favorite stocks became massive wealth-builders. Her tech-heavy representative ARK Innovation ETF (NYSEARCA: ARKK ) increased in value by more than 10% in a single day.

News for DraftKings Stock (DKNG)