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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SG&A

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EBITDA

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Cash & equivalents

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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.

Today, investors are increasingly interested in analysts' DKNG Stock Forecast, as this stock surges 10% in today's session. The post DKNG Stock Forecast: 3 Analysts Share Their DraftKings Price Target appeared first on InvestorPlace.

DKNG Stock Forecast: 3 Analysts Share Their DraftKings Price Target

Alibaba

MercadoLibre

Some stocks will see explosive returns from these lows.

3 High-Risk, High-Reward Stocks That Are Screaming Buys in June

DraftKings Inc. (NASDAQ:DKNG ) Goldman Sachs 2022 Travel and Leisure Conference June 6, 2022 10:40 AM ET Company Participants Jason Robins - Co-Founder and Chief Executive Officer Conference Call Participants Stephen Grambling - Goldman Sachs Stephen Grambling All right. We are going to kick off our next session here with DraftKings and in many ways our next guest needs no introduction.

DraftKings Inc. (DKNG) CEO Jason Robins Presents at Goldman Sachs 2022 Travel and Leisure Conference (Transcript)

Shopify

Upstart Holdings

It was a tough day for high-growth stocks, as a hot jobs number stoked inflation fears even as Elon Musk warned about the global economy.

Why Shopify, Upstart, and DraftKings Fell Today

Regardless of who wins the championship series, the event will likely generate lots of interest from sports fans.

The NBA Finals Are Here! Should You Buy DraftKings Stock Now?

Caesars Entertainment

Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, sports-betting companies have benefitted.

Here's how sports-betting stocks like DraftKings and Caesars performed in May 2022

Nobody likes an analyst price target cut.

Why DraftKings Stock Was a Bad Bet on Tuesday

Bally's

Roundhill Sports Betting & iGaming ETF

Blackstone Group

Boyd Gaming

Churchill Downs

Century Casinos

Gaming and Leisure Properties

Las Vegas Sands

Monarch Casino & Resort

MGM Growth Properties

Realty Income Corp

Flutter Entertainment PLC

Penn Entertainment

SPDR S&P 500 ETF Trust

Vici Properties

Vanguard Real Estate ETF

Wynn Resorts

Casino REITs have been among the best-performing property sectors this year as the positive tailwinds from the leisure demand recovery have offset inflation headwinds and economic growth concerns. Despite their ultra-long-term triple net lease structures, casino REITs are better protected from inflation than many would presume, making heavy use of CPI-linked escalators and tenant revenue share agreements.

Casino REITs: Gambling On Inflation

A recent Twitter dustup between DraftKings CEO Jason Robins and a disgruntled shareholder suggests he's paid way too much DKNG stock. The post Is DraftKings CEO Jason Robins Paid Too Much?

Is DraftKings CEO Jason Robins Paid Too Much?

DKNG stock continues to have a big opportunity in front of it, but heavy marketing spending and growing losses are a concern. The post All Bets Are off When It Comes to DraftKings appeared first on InvestorPlace.

All Bets Are off When It Comes to DraftKings

The idea that DraftKings stock has fallen so far that the downside risk is minimal compared with the possible upside: a flawed notion. DKNG's cash pile continues to burn at ferocious rate. It could be ashes by 2023 and force the company to borrow heavily at high costs.

DraftKings: Bullish Takes Problematical, Either Wait For A Deal Or Sell

Disney

The House of Mouse already owns a minority stake, highlighting its interest in the company.

Should the Walt Disney Company Acquire DraftKings?

DraftKings stock's growth premium has been destroyed by the bears, as it revisited its all-time lows recently. The bears were in complete control. Management reiterated its guidance to achieve adjusted EBITDA profitability by Q4'23. Therefore, investors must carefully monitor management's commentary and insights on its path to profitability.

DraftKings: The Marauding Is Over - At Near-Term Bottom

Coinbase

Etsy

Lucid Group

Marathon Digital Holdings

Roblox

Growth stocks to buy after a correction of at least 70% in the last six-months. Fundamentally attractive growth stocks to buy.

7 Growth Stocks to Buy After a 70% Correction

BOSTON, May 18, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced the launch of its online sportsbook and online casino products in Ontario, Canada. DraftKings will deliver customers in Ontario a best-in-class sports betting experience through its top-rated sportsbook app, as well as more than 130 online casino game variations through DraftKings Casino such as baccarat, blackjack, roulette and slots.

DraftKings Launches Mobile Sportsbook and iGaming Products in Ontario

BOSTON, May 17, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Park, the Company's Chief Financial Officer, will participate in the following event:

DraftKings Announces Jason Park's Participation in Upcoming Virtual Event

Jefferies reinstates coverage of DraftKings at a Buy, saying the current risk/reward profile was favorable.

DraftKings' Risk Profile Is 'Highly Favorable.' That's Why It's a Buy, Analyst Says.

The mobile gambling company is gaining access to potentially lucrative markets, boosting optimism among management.

Faster-Than-Expected Revenue Growth Has DraftKings Raising Targets for 2022

Cathie Wood continues to buy the stock, but the market hates unprofitable companies right now.

Why Draftkings Stock Was Down Again Today

DKNG stock could fall at least 43% more to $6.23 if DraftKings can't stop bleeding through cash flow each quarter. The post DraftKings Could Run Out of Cash Within a Year If It Keeps Burning Cash appeared first on InvestorPlace.

DraftKings Could Run Out of Cash Within a Year If It Keeps Burning Cash

Crocs

Two stocks beat analyst expectations and boosted their guidance for 2022. They still fell hard.

Crocs and DraftKings Show That "Beat and Raise" Isn't Enough

The sports betting company failed to meet investors' lofty expectations.

Why DraftKings Stock Dropped Today

DoorDash

Opendoor

Should investors be betting on these top consumer-focused stocks?

Top Stocks To Buy Now? 3 Consumer Stocks To Watch That Reported Earnings

DraftKings Inc (NASDAQ: DKNG) reported better-than-expected revenue for its fiscal first quarter on Friday. Shares still slid 8.0% as increased expense made it lose more money on a year-over-year basis.

DraftKings Q1 results: ‘we haven't seen any impact from inflation'

DraftKings Inc. (NASDAQ:DKNG ) Q1 2022 Results Conference Call May 6, 2022 8:30 AM ET Company Participants Stanton Dodge - Chief Legal Officer Jason Robins - Co-Founder and Chief Executive Officer Jason Park - Chief Financial Officer Conference Call Participants Thomas Allen - Morgan Stanley Jed Kelly - Oppenheimer Shaun Kelley - Bank of America Bernie McTernan - Needham & Company Joe Stauff - Susquehanna Jason Bazinet - Citi Carlo Santarelli - Deutsche Bank Michael Graham - Canaccord Daniel Politzer - Wells Fargo Chad Beynon - Macquarie Stephen Glagola - Cowen Robert Fishman - MoffettNathanson Noah Naparst - Goldman Sach Ryan Sigdahl - Craig-Hallum Capital Group Barry Jonas - Truist Securities Clark Lampen - BTIG Robin Farley - UBS Joe Greff - JPMorgan Operator Welcome to the DraftKings Q1 2022 Earnings Conference Call. My name is John.

News for DraftKings Stock (DKNG)