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.

Boyd Gaming

Esports Entertainment Group

Landcadia Holdings IV Inc

Penn Entertainment

Wynn Resorts

While the Covid-19 pandemic makes gambling stocks risky, their longer-term potential makes the present weakness a possible buy. The post 7 Gambling Stocks That Will Eventually Go on a Winning Streak appeared first on InvestorPlace.

7 Gambling Stocks That Will Eventually Go on a Winning Streak

BOSTON, Oct. 22, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) and Peermont Hotels, Gaming and Resorts, a leading South African gaming and hospitality group, today announced the successful recent launch of PalaceBet (PalaceBet.co.za), a mobile and online sportsbook powered by DraftKings' cutting-edge B2B sports betting technology.

DraftKings and Peermont Launch PalaceBet in South Africa

Shares of DraftKings have plummeted ~30% over the past month on fears of continued pandemic interruption on sports and a lackluster secondary offering.

DraftKings: Now Is The Time To Place Your Bet

BOSTON, Oct. 20, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today announced that it will release its third quarter 2020 results prior to 8:30AM EST on November 13, 2020.

DraftKings to Release Third Quarter 2020 Results November 13

DraftKings stock has been on fire this year. However, the recent pullback is giving investors a rare opportunity to buy the dip.

DraftKings Stock Is Finally Giving Us a Buyable Dip

Avalara Inc

Estee Lauder

Nasdaq

Thermo Fisher Scientific

Walmart

Texas Instruments

The novel coronavirus has upended the existing economic order. These seven innovative stocks will reap the rewards of these changes.

7 Innovative Stocks That Are Blossoming in 2020

DKNG stock is still clinging to the 50-day moving average even following the recent drubbing. The DraftKings longer-term uptrend line is holding as well.

DKNG Stock Is Worth A Bet After The Recent Losing Streak

WarnerMedia's Turner Sports network wants to increase its ratings with its new partnership deal featuring sports betting companies DraftKings and FanDuel.

What Turner Sports, DraftKings and FanDuel could get out of their new sports betting partnership 

Zoom Video

GameStop

Vertex Pharmaceuticals

Zoom Video, DraftKings, Vertex Pharma and GameStop were our top stock trades from Thursday. Here's a look at the charts.

4 Top Stock Trades for Friday: ZM, DKNG, VRTX, GME

The sports betting company announced a new deal, but that's not the news investors are reacting to.

Why DraftKings Is Down 5% Today

October has not been good for DraftKings and DKNG stock. Down 14% through the first eight days, buying in the mid-$40s would be wise.

DraftKings’ Share Price Is Entering the Buy Zone

AT&T

The sports betting company expects to increase its visibility and customer acquisition.

DraftKings Inks a Long-Term Deal With Turner Sports

Turner Sports announced two sports betting content and advertising deals Thursday, monetizing its rights to NBA, MLB and NCAA content. The DraftKings Deal: Turner Sports announced a partnership with DraftKings Inc (NASDAQ: DKNG) as the exclusive sports betting and daily fantasy sports content provider for Turner Sports properties, including Bleacher Report.

DraftKings Lands Partnership With Turner Sports, FanDuel Nets NBA Deal

Shares of DraftKings Inc. rose 0.8% in premarket trading Thursday, after the digital sports entertainment and gaming company announced a multiyear agreement with Turner Sports to be the exclusive sportsbook and daily fantasy sports provider, excluding NBA programming. As part of the agreement, DraftKings will provide sports betting information and fantasy content across Turner Sports telecasts and Bleacher Report digital channels.

DraftKings stock gains after exclusive deal with Turner Sports, Bleacher Report

DraftKings to be Featured Across Turner Sports’ Linear Programming and Bleacher Report for Digital Content Integrations

DraftKings and Turner Sports Enter Multi-Year Agreement

DraftKings will integrate its content across Turner Sports platforms, but the agreement excludes the NBA.

DraftKings strikes another media partnership, this time with AT&T's Turner Sports

Sports are back, and the competition is better than ever.

Four Reasons Why I Love DraftKings

An analyst believes New York will be the first major state to legalize.

DraftKings, Penn National Rise as Legal Sports Betting Gets Closer in New York, Michigan

DKNG stock is making the right kind of moves in the face of competition and industry worries, but a winning purchase requires something more. The post After Double-Digit Fall, Is It Time for a Bullish DraftKings Stock Bet?

After Double-Digit Fall, Is It Time for a Bullish DraftKings Stock Bet?

DraftKings Inc. (DKNG) closed the most recent trading day at $51.18, moving +1.15% from the previous trading session.

DraftKings Inc. (DKNG) Gains As Market Dips: What You Should Know

The sports betting star could be poised for a major move higher.

Why DraftKings Stock Rose Today

Analysts defending the DraftKings Inc (NASDAQ: DKNG) share offering and the company's high marketing costs. DraftKings has lower customer acquisition costs than in the prior year, and additional state legalization in the online sports betting market in its favor, the analysts said.

DraftKings Analysts On Share Offering, Marketing Costs, Sports Betting Legalization

Credit Suisse begins its analyst coverage of the sports betting company with a highly positive prediction.

Analyst: DraftKings Could Have a More Than 50% Upside

DraftKings (DKNG) shares moved sharply higher during Monday's session after analysts came out with bullish comments on the stock.

DraftKings (DKNG) Could Rebound on Analyst Bullishness

Shares of DraftKings Inc. surged 3.1% in premarket trading Monday, putting them on track to snap a 5-day losing streak, after Oppenheimer analyst Jed Kelly raised his price target, and said he believes the recent weakness has created "a compelling buying opportunity."

News for DraftKings Stock (DKNG)