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

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

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.

Bally's

DraftKings is diluting shareholders to buy GNOG.

The DraftKings Bally's Dichotomy

Caesars Entertainment

Las Vegas Sands

MGM Resorts

Melco Resorts and Entertainment

Rush Street Interactive

Wynn Resorts

Gambling spending is up, if you know where to look.

Why (Some) Gambling Stocks Are a Great Buy Right Now

Pinterest

Wayfair

Zillow

Zoom Video

DraftKings, Pinterest, Wayfair, Zillow, and Zoom are the worst-performing mid-cap stocks based on one-year trailing total returns.

5 Worst-Performing Mid-Cap Stocks for 2022

Carrabis and DraftKings to Launch Baseball-Centric Shows and Content, Including New “Baseball is Dead” Podcast Carrabis and DraftKings to Launch Baseball-Centric Shows and Content, Including New “Baseball is Dead” Podcast

DraftKings Adds Baseball Personality Jared Carrabis to Its Media Talent Lineup

DraftKings (DKNG) agrees to expand its partnership with Mashantucket Pequot Tribal Nation to launch DraftKings Sportsbook in Puerto Rico.

DraftKings (DKNG) Inks Deal to Enter Puerto Rico Betting Market

Given the tough, ongoing competition that DraftKings is facing and its short-term, positive catalysts, DKNG stock looks like a decent name for traders and a bad one for investors. The post Three Factors Sending DraftKings Stock Higher Today appeared first on InvestorPlace.

Three Factors Sending DraftKings Stock Higher Today

China Lodging Group

MongoDB

Okta

Rivian Automotive

Upstart Holdings

Zebra Technologies

Just because a stock is on sale doesn't inherently make it worth buying.

Is It Time to Buy the Nasdaq's 7 Worst-Performing March Stocks?

Penn Entertainment

Here's How Sports-Betting Stocks Like DraftKings and Penn National Changed in March

Since the United States Supreme Court struck down the ban on sports betting in 2018, sports wagering is now legal for more Americans than ever.

Here's how sports-betting stocks like DraftKings and Penn National performed in March

Think twice before buying into DraftKings' crash.

Should You Buy DraftKings As It Approaches All-Time Lows?

These two charts explain why I'm not buying.

Is DraftKings Stock a Buy Now?

A recent DKNG piece in a major financial site skims the surface with information that offers no context for the bullish outlook.

DraftKings: Coverage That Skims The Surface Is No Service To Investors Old Or New

Here are 3 momentum stocks to buy now ahead of potentially big rebound rallies. These are fast movers, so investors must have high risk tolerance.

3 Momentum Stocks to Buy Ahead of Strong Rallies

DraftKings stock's growth premium seems to have been digested as investors returned to profitable stocks.

DraftKings: The Plunge Seems To Have Subsided - It's In The Buy Zone

The online gaming company is off to a better-than-expected start, and management is investing to capitalize on its opportunities.

3 Things About DraftKings Smart Investors Should Know

Investors are shying away from unprofitable growth stocks, hurting DraftKings.

DraftKings Stock Has Crashed 74% off Its Highs

Flutter Entertainment PLC

It's been an exciting NCAA men's basketball tournament so far. Baylor, the reigning champ, is already out. Perennial powerhouses Gonzaga and Duke still look solid. And we have this year's Cinderella: hello, Saint Peter's Peacocks!

Sports betting stocks are no slam dunk, even during March Madness

Estee Lauder

Intuit

Shopify

Sherwin-Williams

Twilio

While the ominous nature of the death cross spells doom, history suggests this could be an opportunity for stocks to buy. The post 7 Death-Cross Stocks to Buy When Others Are Selling appeared first on InvestorPlace.

7 Death-Cross Stocks to Buy When Others Are Selling

Clover Health Investments

Chipotle

Skillz

SoFi Technologies

Despite a Fed rate hike and inflation fears, company insiders have been busy buying stocks. These include SOFI, CLOV, DKNG, SKLZ and CMG.

5 Stocks Insiders Are Buying as Recession Fears Swirl

AMC Entertainment

FuboTV

Revenue growth has not been enough to stop these stocks from crashing in 2022.

4 Stocks With Soaring Revenues the Market Loves to Hate

The sports betting company's stock is rising after it launched its first in-house NFT collection, tied to the March Madness tournament. The post Is DKNG Stock a Bet on Web 3.0 Thanks to March Madness NFTs?

Is DKNG Stock a Bet on Web 3.0 Thanks to March Madness NFTs?

San Diego, California--(Newsfile Corp. - March 15, 2022) - Johnson Fistel, LLP is investigating potential claims on behalf of DraftKings Inc. (NASDAQ: DKNG) against certain of its officers and directors.A class action lawsuit was recently filed against DraftKings. According to the case, defendants throughout the Class Period made false and misleading statements and failed to disclose that: (1) SBTech (Global) Limited ("SBTech") had a history of unlawful operations; (2) accordingly, DraftKings' merger with SBTech exposed...

Did You Acquire (DKNG) Before December 23, 2019? Should DraftKings Management be Held Accountable for Investors Losses?

Apple

Amazon

Activision Blizzard

Disney

eBay

General Electric

Intel

Netflix

Walmart

"We are wearing the clothes of the things we're invested in. We are fans.

Old, New, Borrowed, Blue: Investor's Edition

Boyd Gaming

Churchill Downs

March Madness and sports betting go hand in hand. Here are seven sports betting stocks to consider before turning in your final bracket.

7 Sports Betting Stocks to Buy as March Madness Tips Off

Robinhood

Palantir Technologies

Peloton

Block

Workhorse Group

Investors should sell all of these stocks, as they are facing tremendous competition, have no competitive advantages, and remain overvalued by large amounts. The post Beware!

Beware! 7 Beaten-Down Stocks Likely to Take Many Further Hits

News for DraftKings Stock (DKNG)