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

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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

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Purchase/sale of investments

Purchase/sale of business

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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.

Analysts say sports betting and online gaming is a $40 billion business. DraftKings will grab a big chunk.

What's the Over/Under on DraftKings' Market Share?

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Some of this year's biggest winners should keep beating the market.

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In the sports betting industry, marketing costs aren't limited to advertising, though DraftKings and rival FanDuel are quite liberal on that front. There's customer acquisition costs, including sign-up bonuses for new players.

DraftKings Stock Is Where Expectations and Reality Could Collide

DraftKings stock barely budged after earnings. Near-term news looks priced in, which means long-term investors should wait for their pitch.

After Earnings, Still Worth Waiting for a Pullback in DraftKings Stock

Nearly half of U.S. states now allow online sports wagering.

DraftKings to Jump 115% as Analyst Sees Market Undervaluing Online Betting Opportunity

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Are Gambling Stocks A Strong Bet In An Uncertain Market?

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Home Depot, General Electric, Macy's and DraftKings were our top stock trades for Wednesday. Let's look at the what the charts are saying.

4 Top Stock Trades for Wednesday: HD, GE, M, DKNG

Online betting is now nine-tenths of the state's handle, which is overtaking Nevada's.

DraftKings, Penn Benefit as Pennsylvania Sports Betting Soars Over Half a Billion Dollars

Two of the best performing online sports betting stocks are sized up with new ratings from Loop Capital. The Analyst: Loop Capital analyst Daniel Adam initiates coverage on DraftKings Inc (NASDAQ: DKNG) with a Buy rating and $100 price target.

DraftKings Gets New $100 Price Target With Strong Market Share, Brand

Shares of DraftKings Inc (NASDAQ: DKNG) have received a price target of $100 by Loop Capital. These are the details.

DKNG Stock Price: $100 Target By Loop Capital

The online gambling expert received a bullish analyst note, describing this company as a clear winner in an explosive growth market.

Why DraftKings Stock Is Surging Today

At least one analyst thinks the potential exists.

Could DraftKings Have a 67% Upside?

After a stellar earnings report, DraftKings stock looks ready to soar. However with uncertainty about virus-related shutdowns, caution is warranted.

Care to Place a Bet on DraftKings?

After a huge initial surge in the stock on Friday, DraftKings Inc (NASDAQ: DKNG) has given up almost all of its initial earnings beat pop, and one analyst said Monday the stock still looks expensive even after a big earnings beat. The DraftKings Analyst: Bank of America analyst Shaun Kelley reiterated his Neutral rating and $55 price target for DraftKings.

Analyst Says DraftKings Trades At 'Big Premium' To Other Growth Stocks

In a sign of a continued rise in gaming amid the pandemic, DraftKings Inc. reported on Friday (Nov. 13) as part of its Q3 results that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. DraftKings reported that over a million monthly unique paying customers engaged with […]

DraftKings' Monthly Unique Payers Surges 64 Pct Amid Rise In Gaming 

DraftKings, Inc. (DKNG) CEO Jason Robins on Q3 2020 Results - Earnings Call Transcript

Several more states voted to legalize sports betting last week, and the good news for the gambling industry continues: DraftKings and the owner of FanDuel both reported solid results this week thanks to the return of many live sports this summer.

It's the 'golden age' of sports betting

Revenue for the quarter came in at $133 million, up 97 percent from the same period last year, and ahead of consensus forecast of $132 million.

Here's why DraftKings Inc. (DKNG) is bullish today on heavy volume

The stock price of DraftKings Inc (NASDAQ: DKNG) jumped about 10% after the company provided an updated 2020 revenue forecast. These are the details.

DraftKings (DKNG) Stock Price Jumps Following 2020 Revenue Forecast Raise

Shares in DraftKings gained in early trading after the major sports betting outfit raised its 2020 revenue guidance and reported third-quarter earnings that exceeded Wall Street analysts' expectations. The stock is below its late-September peak of $64.19, but climbed 7% to pass $44 amid optimism that the return of sports would see the company through...

DraftKings Shares Rise After Sports Betting Firm Raises 2020 Revenue Forecast

The sports betting company reported solid quarterly results and raised its revenue guidance.

Why DraftKings Stock Jumped 10% Today

DraftKings Inc. (NASDAQ: DKNG) reported its third-quarter financial results on Friday before the opening bell.

Is DraftKings Worth Betting on After Q3?

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Producer Price Index (PPI) for October came in slightly better than expected, +0.3% compared with the estimated +0.2%.

PPI Improves 0.3%; DraftKings (DKNG), AMAT Beat

DraftKings Inc. (NASDAQ: DKNG) published its financial results for the fiscal third quarter on Friday that came in better than what analysts had anticipated. The company also reported an increase in its total number of users in the recent quarter.

News for DraftKings Stock (DKNG)