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

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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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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.

NEW YORK, NY / ACCESSWIRE / August 21, 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.

DraftKings Inc. (DKNG) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

Broadcom

Goldman Sachs

Wix.com

Analysts at Oppenheimer, the investment company with over $126 billion in assets under management (AUM), have identified a few companies they believe will do well for the next twelve months. Some of the most notable names in the list are Broadcom, DraftKings, Wix.com, and Goldman Sachs.

Buy Broadcom, DraftKings, Wix, Goldman Sachs stocks: Oppenheimer

LOS ANGELES, CA / ACCESSWIRE / August 20, 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 Is Investigating DraftKings Inc. And Investors With Losses Are Encouraged To Contact The Firm

NEW YORK, NY / ACCESSWIRE / August 20, 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 Shareholders to Contact the Firm!

Microsoft

Shopify

It can take time to build a sports betting business in a particular market, and DraftKings is making progress. E-commerce support provider Shopify enjoys a long growth runway ahead as online shopping evolves.

Forget Amazon: These Unstoppable Stocks Are Better Buys

NEW YORK, NY / ACCESSWIRE / August 20, 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.

Levi & Korsinsky Reminds DraftKings Investors of the Ongoing Investigation into Potential Violations of Securities Laws - DKNG

Flutter Entertainment PLC

A battle between DraftKings Inc DKNG bulls and bears could come down to EBITDA, surcharges and competition, an analyst says after the company and rival Flutter Entertainment FLUT have both now reported second-quarter financial results.

DraftKings Vs. Flutter: Analyst Lays Out Bull Vs. Bear Debate With Sports Betting Market 'Increasingly Functioning As A Duopoly'

Celsius Holdings

Alphabet

The market pullback since mid-July has hit growth stocks hard, but corrections often provide buying opportunities.

3 Growth Stocks With Sky-High Price Targets Investors Will Love

LOS ANGELES, CA / ACCESSWIRE / August 19, 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.

DraftKings Inc. Is Being Investigated By The Schall Law Firm And Shareholders With Losses Are Invited To Contact The Firm

NEW YORK, NY / ACCESSWIRE / August 19, 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 Shareholders to Contact the Firm!

NEW YORK, NY / ACCESSWIRE / August 19, 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.

DraftKings Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - DKNG

LOS ANGELES, CA / ACCESSWIRE / August 18, 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 Looking Into Allegations Against DraftKings Inc. And Seeks Investors With Losses To Contact The Firm

NEW YORK, NY / ACCESSWIRE / August 18, 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 Shareholders to Contact the Firm!

LOS ANGELES, CA / ACCESSWIRE / August 17, 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 Investigating Claims Against DraftKings Inc. And Wants Investors With Losses To Contact The Firm

Coca-Cola

PayPal

Coca-Cola's broad business and emerging opportunities in international markets suggest the company still has a lot more room to grow. DraftKings is a top sports-betting company, and with the industry still in its early-growth stages, this is a business which can get much bigger in the future.

3 Unstoppable Stocks to Buy for Less Than $100

LOS ANGELES, CA / ACCESSWIRE / August 16, 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 Investigation Into Claims Against DraftKings Inc. And Seeks Investors With Losses To Contact The Firm

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 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.

News for DraftKings Stock (DKNG)