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

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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.

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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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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.

NEW YORK, NY / ACCESSWIRE / August 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ:DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/DKNG.

DKNG STOCKHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into DraftKings Inc. and Encourages Investors to Contact the Firm!

NEW YORK, NY / ACCESSWIRE / August 16, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of DraftKings Inc. ("DraftKings") (NASDAQ:DKNG) concerning possible violations of federal securities laws. DraftKings issued a press release on August 1, 2024, announcing its financial results for the second quarter of 2024.

DKNG STOCK ALERT: Levi & Korsinsky Notifies DraftKings Inc. Investors of an Ongoing Investigation

LOS ANGELES, CA / ACCESSWIRE / August 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ:DKNG) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Announces Investigates Claims Against DraftKings Inc. And Seeks Investors With Losses To Contact The Firm

NEW YORK, NY / ACCESSWIRE / August 15, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ:DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/DKNG.

DKNG SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into DraftKings Inc. and Encourages Investors to Contact the Firm!

NEW YORK, NY / ACCESSWIRE / August 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of DraftKings Inc. ("DraftKings") (NASDAQ:DKNG) concerning possible violations of federal securities laws. DraftKings issued a press release on August 1, 2024, announcing its financial results for the second quarter of 2024.

ATTENTION DKNG SHAREHOLDERS: Investors who lost money on DraftKings Inc. are urged to contact Levi & Korsinsky about an ongoing investigation

NEW YORK, NY / ACCESSWIRE / August 14, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ:DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/DKNG.

DKNG INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into DraftKings Inc. and Encourages Investors to Contact the Firm!

Flutter Entertainment PLC

Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up. But it was the declaration that FanDuel will not add a surcharge to offset an Illinois tax hike that grabbed attention.

DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street

DraftKings Inc. DKNG announced on Tuesday night that it is reversing course and scrapping its plan to impose a “gaming tax surcharge” on winning bets in highly taxed sports betting states.

Investors – and bettors – react to DraftKings scrapping the ‘terrible idea' of a gaming tax surcharge

FanDuel owner Flutter Entertainment rallied after earnings results. DraftKings jumped after nixing plans to tax gambling winnings.

FanDuel Parent Spikes On Earnings; DraftKings Scraps Surcharge Plans

LOS ANGELES , Aug. 14, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DraftKings Inc. ("DraftKings" or "the Company") (NASDAQ: DKNG) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

DKNG Investors Have Opportunity to Join DraftKings Inc. Securities Fraud Investigation with the Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of DraftKings Inc. ("DraftKings") (NASDAQ:DKNG) concerning possible violations of federal securities laws. DraftKings issued a press release on August 1, 2024, announcing its financial results for the second quarter of 2024.

An Investigation Has Commenced on Behalf of DraftKings Inc. Shareholders. Contact Levi & Korsinsky to Discuss your DKNG Losses

NEW YORK, NY / ACCESSWIRE / August 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of DraftKings Inc. ("DraftKings") (NASDAQ:DKNG) concerning possible violations of federal securities laws. DraftKings issued a press release on August 1, 2024, announcing its financial results for the second quarter of 2024.

ATTENTION DraftKings Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

Lyft

Roku

DraftKings can help Investors profit off the growing $45 billion online sports betting market. This ride-sharing company has made significant improvements, but the stock is still in the gutter.

3 Top Growth Stocks to Buy on the Dip

NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of DraftKings Inc. ("DraftKings") (NASDAQ:DKNG) concerning possible violations of federal securities laws. DraftKings issued a press release on August 1, 2024, announcing its financial results for the second quarter of 2024.

Lost Money on DraftKings Inc. (DKNG)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky

Investors Who Lost Money on DraftKings Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - DKNG

MGM Resorts

Over the years, gaming and casino stocks have been under varying degrees of pressure. Some traditional casino stocks have dealt with macro headwinds and increased competition from their digital-only rivals.

3 Gaming Stocks to Sell in August as They Crash & Burn

U.S. online sports betting users are projected to grow by 17 million over the next five years. DraftKings' unique users increased by 2.2 million from last year.

Despite Being Down 55% From Its Peak, Here's Why I'm Loading Up On This Growth Stock

Cronos Group

EHang Holdings Ltd - ADR

First Solar

Ibotta Inc

Li Auto Inc.

Tempus AI Inc

The recent market correction is a reminder to investors that it's important to remain grounded even during bull markets. By this, I imply having a balanced portfolio and staying away from overvalued stocks.

7 Growth Stocks That Could 7X in the Next 7 Years

If taxes go up on online gaming there's not a lot DraftKings can do about it.

The Hidden Battle DraftKings Can't Win

Penn Entertainment

The widespread legalization of sports betting is breathing new life into the Paris 2024 Olympics.

2 Sports Betting Stocks to Watch Amid Olympics, Earnings

Beyond Inc

Cava Group, Inc.

Floor & Decor Holdings

Pool

Tesla

Wingstop

On the heels of the recent release of a weak jobs report, now may be the time to figure out what are the consumer discretionary stocks to sell. Sure, economists and pundits may argue that this latest jobs report is not necessarily a sign of a looming U.S. recession.

7 Consumer Discretionary Stocks to Sell in August Before They Crash and Burn

DraftKings Inc. DKNG reported mixed second-quarter financial results, after the closing bell on Thursday.

These Analysts Lower Their Forecasts On DraftKings After Q2 Results

Shares of DraftKings (DKNG) tumbled Friday after the online sports gambling platform cut its profit forecast and announced it would put a surcharge on winnings for bettors in high-tax states as a way to boost earnings.

DraftKings Cuts Profit Outlook, Will Charge Some Bettors an Extra Fee

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three of those themes were central to executive commentary during DraftKings' second-quarter 2024 earnings call Friday (Aug. 2).

DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge

DraftKings (NASDAQ: DKNG ) caught DKNG stock investors off guard on Friday when the sports betting company announced a new gaming tax surcharge in its latest earnings report. During that report, DraftKings cofounder and CEO Jason Robins revealed plans to implement a gaming tax surcharge.

News for DraftKings Stock (DKNG)