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Revenue segments as reported by the company.

Online Gaming

Gaming Software

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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

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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.

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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.

BOSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) -- DraftKings (NASDAQ: DKNG) confirms that, following further analysis and discussions with the Entain board of directors, it will not make a firm offer for Entain.

DraftKings Statement Regarding Entain

DraftKings Inc (NASDAQ:DKNG) stock has been consolidating above the $48 level since late September.

Checking in With DraftKings Stock After Recent Slide

If there's one thing about owning shares of DraftKings, it's that it has no shortage of news. If you own DKNG stock, that's a good thing.

The Push for Growth Will Be Great for DraftKings Stock

BOSTON, Oct. 21, 2021 /PRNewswire/ -- Drive by DraftKings, the multi-stage venture capital firm investing in sports tech and entertainment companies, has today announced that it has raised its first venture fund of $60 million, which is backed by high-profile owners, organizations, investors and athletes across the sports and entertainment industries. Raised in just six months, the fund is oversubscribed by 20% with notable investors including: The Kraft Group (New England Patriots), Jones family (Dallas Cowboys), DraftKings Inc. (NASDAQ: DKNG), Todd Boehly (Los Angeles Dodgers, Los Angeles Lakers, Los Angeles Sparks), Madison Square Garden Sports Corp., Madison Square Garden Entertainment Corp., Arctos Sports Partners, and Mike Gordon (Fenway Sports Group).

Drive by DraftKings Launches $60 Million Venture Fund to Invest in Sports Tech and Entertainment

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September was a big month in the world of sports betting: a record was set in New Jersey for betting handle and an operator in Michigan became the first to reach the $100 million handle milestone. An analyst took a look at how the top states are doing in sports betting and how the big three are controlling the market.

Analyst Raises TAM For Online Sports Betting, Highlights A Few Big Winners

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DraftKings' deal to buy GNOG could push the value of DKNG stock even higher than the previous estimate of $80.93 per share. The post DraftKings Will Only Go Higher Once It Buys Golden Nugget Online Gaming appeared first on InvestorPlace.

DraftKings Will Only Go Higher Once It Buys Golden Nugget Online Gaming

US gambling group Draftkings Inc has been given more time in its takeover pursuit of Ladbrokes and Gala bingo owner Entain PLC. A put up or shut up option has been extended until 16 November, while Entain has given the US firm a list of requirements to get the acceptance of the gambling group's board.

Draftkings Inc gets more time for Entain bid

Ladbrokes owner Entain said on Tuesday rival DraftKings has until Nov. 16 to make a formal offer to take over the British sports betting and gambling firm, following a $22.4 billion proposal from the U.S.-based company last month.

DraftKings gets one more month to decide on formal offer for Britain's Entain

DraftKings Inc (NASDAQ: DKNG), The Mashantucket Pequot Tribal Nation, and Foxwoods Resort Casino launch online and mobile sports betting and online casino in Connecticut. The first wager accepted was $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight's National League Championship game.

DraftKings Launches Online Sports Betting In Connecticut

DraftKings Inc. DKNG, +1.19% , Foxwoods Resort Casino and Mashantucket Pequot Tribal Nation announced the launch in Connecticut of online and mobile sports betting and an online casino on Tuesday. The first bet was for $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight's game.

DraftKings and Foxwoods launch online betting in Connecticut

BOSTON, Oct. 19, 2021 (GLOBE NEWSWIRE) -- The Mashantucket Pequot Tribal Nation, Foxwoods Resort Casino and DraftKings Inc. (Nasdaq: DKNG) today announced that online and mobile sports betting and online casino launched in Connecticut at 6:00 A.M. ET after successfully completing the required soft launch testing which began a week ago. The first wager accepted was $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight's National League Championship game.

Foxwoods and DraftKings Launch Online Sports Betting and iGaming in Connecticut

The digital sports gaming company DraftKings is working with the Ethereum-based scaling platform Polygon to support custom NFT drops on the DraftKings marketplace. As Seeking Alpha reported on Monday (Oct. 18), the deal gives the marketplace a blockchain solution that's both scalable and eco-friendly.

DraftKings Teams With Ethereum-Based Platform on NFT Drops

Manchester-based DraftKings Sportsbook at Filotimo opening sister location in Dover; new sportsbook to be third retail sportsbook in NH Manchester-based DraftKings Sportsbook at Filotimo opening sister location in Dover; new sportsbook to be third retail sportsbook in NH

NH Lottery and DraftKings Expand Retail Sports Betting in NH with New Dover Sportsbook

The DraftKings NFTs partnership with Polygon is a big deal, as it will help the company continue to grow its booming token marketplace. The post DraftKings NFTs Partnership Puts Polygon Crypto, DKNG Stock in Focus appeared first on InvestorPlace.

DraftKings NFTs Partnership Puts Polygon Crypto, DKNG Stock in Focus

DraftKings Inc's (NASDAQ: DKNG) digital collectibles ecosystem, DraftKings Marketplace, is partnering with Polygon, an Ethereum-based scaling platform, to support custom NFT drops along with secondary-market transactions. The deal provides DraftKings Marketplace with a scalable, eco-friendly blockchain solution that enables added throughput and expanded capabilities.

DraftKings Enters Blockchain Agreement With Polygon

DraftKings Able to Become a Validator on the Polygon Network DraftKings Able to Become a Validator on the Polygon Network

Polygon and DraftKings Enter Into a Strategic Blockchain Agreement

The acquisition of Golden Nugget will add to the commercial growth of online betting platform DraftKings. Synergies are calculated at $300M and the acquisition will add 10% to the firm's revenue line.

DraftKings: Buy The Drop

The state of Michigan stayed hot in September and continued its trend of being one of the largest online sports betting markets in the country. What Happened: The state's online sports betting handle hit $354.3 million in September, according to PlayMichigan.

Michigan September Online Sports Betting Heats Up, DraftKings Passes $100M: Do Profits Matter?

BOSTON, Oct. 15, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today announced that it will release its third quarter 2021 results prior to 8:30AM EDT on November 5, 2021.

DraftKings to Release Third Quarter 2021 Results November 5

A leading ticketing marketplace has added a big investor on its path to becoming public. What Happened: Vivid Seats, which is going public with Horizon Acquisition Corp (NYSE: HZAC), announced that DraftKings Inc (NASDAQ: DKNG) is investing in the company.

Vivid Seats Adds DraftKings As Investor: Here's The Details

The BetMGM sports betting and online gaming platform could be a point of contention.

Is MGM Resorts the Big Winner If DraftKings Buys Entain?

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7 Hypergrowth Stocks That Will Continue to Rally This Fall

Fresh off the start of the 2021-2022 National Hockey League season, the league announced a new official sports betting partner. What Happened: DraftKings Inc (NASDAQ: DKNG) was announced as an official partner with the NHL for sports betting, iGaming and daily fantasy sports.

DraftKings Lands Deal With NHL: What Investors Should Know

Shares of DraftKings Inc. DKNG, +2.10% rallied 2.4% in morning trading Wednesday, after the digital sports entertainment and gaming company announced a deal with the National Hockey League to be an official sports betting, daily fantasy sports and iGaming partner. In addition, DraftKings also announced a deal with Turner Sports, including Bleacher Report, to be the exclusive sportsbook and daily fantasy sports provider for their NHL coverage.

News for DraftKings Stock (DKNG)