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.

DraftKings is trying to use its stock to acquire the competition, which will be tougher as the stock falls.

Why DraftKings' Falling Stock Is a Big Problem

FuboTV

If you want to get into the game there are two stocks booming in fantasy sports and posting triple-digit revenue growth in the process.

2 Stocks Betting Big on Fantasy Football This Season

The online gambling market is set to grow rapidly over the next decade or so. Given its substantial market share, DraftKings is well-positioned for long-term success. DraftKings is seemingly expensive relative to other casino and gaming stocks. Whether you want to argue the company is deserving of a higher valuation is up to you.

DraftKings: Monstrous Revenue-Generating Potential

DraftKings Inc (NASDAQ: DKNG) revealed its new office location to be based in Las Vegas, where it expects an expanded team of more than 1,000 employees.  The company's new 90,000 square-foot technology hub will occupy much of an entire building at UnCommons, Matter Real Estate Group's 40-acre modern workplace in early 2022.

DraftKings Plans New Office Space In Las Vegas

Below is a list of 20 stocks that have attracted the highest weekly options volume in the last 10 trading days, courtesy of Schaeffer's Senior Quantitative Analyst Rocky White, with highlighted names new to the list.

Call Traders Betting Big on DraftKings Stock

Matthew Kalish, Corporate Officer at Draftkings (NASDAQ:DKNG), made a large buy and sell of company shares on October 1, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Matthew Kalish exercised options to purchase 96,154 Draftkings shares for $0 on October 1.

Notable Draftkings Insider Trades $4.9M In Company Stock

Sports betting and daily fantasy sports operator plans to employ more than 1,000 employees at $400 million mixed-use community in Southwest Las Vegas Sports betting and daily fantasy sports operator plans to employ more than 1,000 employees at $400 million mixed-use community in Southwest Las Vegas

DraftKings Announces Expansion with Addition of Second-Largest Office in the U.S. at UnCommons in Las Vegas

The stock price of DraftKings Inc (NASDAQ: DKNG) increased by over 5% during intraday trading today. This is why it happened.

DKNG Stock Price: Why It Increased Today

DKNG stock acts erratic, but that's because Wall Street is on edge. In the long run, DraftKings has the odds stacked on its side.

DraftKings Is a Wild Card Now, But It Remains a Solid Long-Term Bet

DraftKings (DKNG) closed the most recent trading day at $48.16, moving -0.33% from the previous trading session.

DraftKings (DKNG) Stock Moves -0.33%: What You Should Know

PayPal

Starbucks

The news has rattled investor confidence lately with plenty of worrisome topics. Investors can focus on actual results to find stocks to buy.

3 Stocks to Buy While Investor Confidence Is Shaky

Asana

Bill.com

Booking Hlds

NVIDIA

Palantir Technologies

Snowflake

Upstart Holdings

ZoomInfo Technologies

Despite solid underlying prospects, a market downturn could send these 10 hyper-growth stocks to much lower prices. The post 10 Hyper-Growth Stocks to Be Careful of as We Near a Correction appeared first on InvestorPlace.

10 Hyper-Growth Stocks to Be Careful of as We Near a Correction

In the wake of a big buy on Tuesday, a couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made additional huge purchases on Wednesday.

Cathie Wood's ARK Invest Buys Over 325,000 More Shares of DraftKings

Dollar Tree

Editas Medicine

Lucid Group

Lucid Motors, DraftKings, Dollar Tree and Editas Medicine were our top stock trades for Thursday. Now, let's look at how the charts set up.

4 Top Stock Trades for Thursday: LCID, DKNG, DLTR, EDIT

DraftKings Inc (NASDAQ: DKNG) and The Mashantucket Pequot Tribal Nation have announced that sports betting in Connecticut will begin on September 30 at Foxwoods Resort Casino. Players will be able to place bets at the temporary DraftKings Sportsbook at Foxwoods.

DraftKings To Launch Retail Sports Betting At Foxwoods Resort Casino In Connecticut

Mobile Sports Betting and iGaming to Follow Pending Regulatory Approvals Mobile Sports Betting and iGaming to Follow Pending Regulatory Approvals

Retail Sports Betting Begins September 30 with Foxwoods Resort Casino and DraftKings

One of the ARK exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Tuesday.

Cathie Wood's ARK Invest Buys Over 390,000 Shares of DraftKings

CRISPR Therapeutics

Roku

Shopify

Virgin Galactic

Block

Tesla

These top seven stocks among Cathie Wood's top holdings are ones investors may be enticed to consider right now. The post 7 Cathie Wood Stocks Every Growth Investor Needs In Their Portfolio appeared first on InvestorPlace.

7 Cathie Wood Stocks Every Growth Investor Needs In Their Portfolio

DKNG stock is overpriced. DraftKings has strong revenue growth, but its net losses are growing.

It's Time To Bet Against More Gains In DraftKings Stock

DoorDash

Companies increasing revenue by 100% annually can be lucrative for long-term investors.

These 3 Growth Stocks Could Double Their Sales This Year

eBay

Cloudflare

The non-fungible token market is booming and these companies could play a role in its future.

3 NFT Stocks With High Growth Potential

DraftKings can't buy Entain without MGM Resorts' consent, and that could set up a showdown for the two companies.

DraftKings $20 Billion Acquisition Offer Could Get Complicated

Already one of the most successful IPOs in recent years, this company could experience more upside potential in the years to come.

Up 30% in 2021, This Gaming Stock Could Be Just Getting Started

With NFL season underway, active expansion efforts and impressive earnings, shares of DKNG stock could rally again very soon. The post The Top Reasons Investors Should Bet on DraftKings appeared first on InvestorPlace.

The Top Reasons Investors Should Bet on DraftKings

Although they've been generating strong numbers in 2021, next year these businesses should do even better.

News for DraftKings Stock (DKNG)