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

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Stockholders equity

Minority interest

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Change in stock

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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 reported a smaller-than-expected Q1 loss on booming revenue after the year's biggest events in sports betting. DraftKings stock rose.

DraftKings Beats, Raises Guidance After Year's Biggest Events In Online Gambling

The stock price of DraftKings Inc (NASDAQ: DKNG) increased by over 4% pre-market. This is why it happened.

DKNG Stock: Over 4% Increase Pre-Market Explanation

Shares of DraftKings Inc. DKNG, -7.64% rose 1.4% in premarket trading Friday, reversing an earlier loss, after the sports betting company reported a first-quarter loss that more than quadrupled and was wider than expected, but revenue that nearly tripled to beat forecasts and raised its full-year outlook.

DraftKings stock turns up after loss quadruples to miss expectations, but revenue triples to beat forecasts

DraftKings said it has 1.5 million million monthly unique paying customers as of its first quarter, holding on to the gains in made in its fourth quarter.

DraftKings raises full-year guidance, expecting a return in sports

Reports First Quarter Revenue of $312 million; Increases 2021 Revenue Guidance to $1.05 billion to $1.15 billion; Announces upcoming rollout of social functionality to DFS and mobile sportsbook apps Reports First Quarter Revenue of $312 million; Increases 2021 Revenue Guidance to $1.05 billion to $1.15 billion; Announces upcoming rollout of social functionality to DFS and mobile sportsbook apps

DraftKings Reports First Quarter 2021 Results and Raises 2021 Revenue Guidance

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DraftKings, Penn National Gaming, Ark Innovation Fund and Roku were our top stock trades for Friday. Here's what the charts look like now.

4 Top Stock Trades for Friday: PENN, DKNG, ROKU, ARKK

DraftKings Inc. (NASDAQ:DKNG) and Penn National Gaming, Inc. (NASDAQ:PENN) shares are trading lower as gambling stocks fall for the session amid weakness in Penn National Gaming. Penn shares dipped despite better-than-expected earnings results.DraftKings reports its first-quarter earnings on Friday.

What's Up With DraftKings And Penn National Gaming Today?

A cluster of sports betting legalization news at the start of 2021 saw the popularity of companies in the eGaming and online betting sector soar. DraftKings Inc (NASDAQ: DKNG) reached a high of $74.38 on March 22 amid investor hype in the sports betting sector.

DraftKings Just Fell Through A Key Support: What's Next For The Stock?

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SPACs are no longer all the rage in 2021. However, there are still many robust SPACs to buy for long-term portfolios The post 7 of the Most Successful SPACs of the Past Year appeared first on InvestorPlace.

7 of the Most Successful SPACs of the Past Year

DraftKings is scheduled to report earnings before Friday's open. Here's a closer look.

Earnings Preview: What To Expect From DraftKings On Friday

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We are halfway through a packed week of March quarter earnings, with heavy representation from energy exploration and production companies.

Earnings Previews: AMC, DraftKings, Nikola, Peloton, Square

The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.

DraftKings Q1 Earnings Preview: Here's What You Need to Know

Why DraftKings Shares Dropped 7% Today

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The shares of DraftKings Inc (NASDAQ: DKNG) have received a $70 price target by Cowen. These are the details.

DKNG Stock: $70 Target By Cowen

Online gambling became popular as casinos shut down during the pandemic, and since then these stocks have risen to prominence.

Why Cowen Says Buy the Dip in DraftKings

Cowen and Company handed out a bull note to Draftkings Inc (NASDAQ:DKNG) this morning, lifting its rating on the sports betting concern to "outperform" from "market perform.

DKNG Gets a Second Chance After Analyst Sings Its Praises

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Chris Katje is a co-host of Benzinga's YouTube show, "SPACs Attack," with Mitch Hoch.  On a recent episode of Benzinga's "SPACs Attack," we offered five long-term SPAC picks for investors to contemplate.

5 Long-Term SPACs For Investors To Consider

The shares of DraftKings, Inc (NASDAQ: DKNG) have received a price target of $75 from Guggenheim. These are the details.

DKNG Stock Price: $75 Target By Guggenheim

Virgin Galactic Holdings Inc. and DraftKings Inc., two of the biggest names to become public through "blank-check" companies in recent years, said Friday they will have to restate some of their financial results after comments earlier this month from U.S. securities regulators.

Virgin Galactic, DraftKings to amend financials post SEC guidance for SPACs

DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: DraftKings (DKNG) Q1 Earnings Expected to Decline

The large online sports betting and iGaming markets has an analyst impressed with the opportunity for DraftKings to keep its competitive advantage and grow with the market. The DraftKings Analyst: Guggenheim analyst Curry Baker initiated Draftkings Inc (NASDAQ: DKNG) with a Buy rating and a $75 price target.

Can DraftKings Keep Its Competitive Edge While Growing?

DKNG stock was a big performer in 2020 with 354% growth that year, but it has stumbled recently, offering an opportunity to buy on the dip. The post DraftKings Stock Is Still Worth Betting On Despite Recent Pain appeared first on InvestorPlace.

DraftKings Stock Is Still Worth Betting On Despite Recent Pain

DraftKings continues to churn out powerful growth as secular tailwinds push it higher. Buy the current dip in DKNG stock for more gains.

News for DraftKings Stock (DKNG)