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.

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Cost of revenue

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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 working capital

Cash from investing

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Purchase/sale of business

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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.

Etsy

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Wall Street’s top analysts are betting on buy-rated stocks like DraftKings and Etsy right now

Why DraftKing's Shares Fell 5.6% on Friday

DKNG has fallen just off its peak as the company announced an up to 36.8 million share offering.

DraftKings: Grossly Overvalued And Accelerating Losses On Possible ($0.87) Q3 EPS Weigh On Long-Term Growth

More than half the country may soon allow sports betting. There’s still time to make money in this growing trend.

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Stock Markets Exploded Higher Wednesday. So Why Did DraftKings and Bandwidth Miss Out?

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4 Top Stock Trades for Thursday: DKNG, CRM, LEVI, IWM

DraftKings stock sank Wednesday amid reports of new coronavirus infections in the NFL and a weak pricing for a secondary offering. The post DraftKings Tumbles On New NFL Covid Cases, Secondary Offering Price appeared first on Investor's Business Daily.

DraftKings Tumbles On New NFL Covid Cases, Secondary Offering Price

DraftKings Inc. (NASDAQ: DKNG) said Wednesday morning that it has priced a secondary stock offering announced Monday at $52 a share.

DraftKings Raises $1.7 Billion in Follow-On Offering

The cash will go toward supporting management's growth projects.

DraftKings Sets Its New Stock Offering at $1.7 Billion

Shares of DraftKings Inc (NASDAQ: DKNG) hit a new high of $64.19 on Oct. 2. An offering has sent shares lower.

DraftKings Falls On $52 Share Offering, NFL Uncertainty

Fantasy sports and online betting site DraftKings Inc. DKNG, -6.22% said Wednesday it has priced a previously announced offering of 32 million shares at $52 a share. The company is selling 16 million shares, while selling shareholders are selling another 16 million, for a total offering size of $1.664 billion.

DraftKings prices 32 million share offering at $52 a share

BOSTON, Oct. 07, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) announced today the pricing of its previously announced underwritten public offering of 32 million shares of its Class A common stock. DraftKings will sell 16 million shares of its Class A common stock and certain selling stockholders of DraftKings will sell 16 million shares of Class A common stock, at a public offering price of $52.00 per share for a total offering size of $1.664 billion. DraftKings will not receive any proceeds from the sale of Class A common stock offered by the selling stockholders. DraftKings has granted the underwriters a 30-day option to purchase up to 4.8 million additional shares of Class A common stock.

DraftKings Announces Pricing of Public Offering of Class A Common Stock

The guidance suggests sports betting handle was up astronomically, but revenue still fell short.

DraftKings Gives a Sneak Preview of Q3 Results in Its Stock Prospectus

DraftKings Inc. (NASDAQ: DKNG) shares slid on Monday after it was announced that the online gaming firm would be conducting a secondary offering.

DraftKings Is Back At The Table With Another Secondary Offering

DraftKings shares sank nearly 7% after the sports betting firm offered weak guidance for the third quarter and indicated pressure on revenue from favorites dominating underdogs in NFL games. The guidance and disclosures came in an SEC filing in which the company announced that it was selling 16 million shares of Class A stock, with

DraftKings Shares Sag On Soft Q3 Guidance, Too Many Wins By NFL Favorites

Wynn Resorts

Fantasy sports and sports betting operator DraftKings said Monday it is offering 32 million shares in a syndicated deal, while gambling software maker GAN announced a deal with Wynn Resorts. The post DraftKings Issues More Shares, GAN Inks Deal With Wynn Resorts appeared first on Investor's Business Daily.

DraftKings Issues More Shares, GAN Inks Deal With Wynn Resorts

The online sports betting company's shares are up 250% since it went public earlier this year.

Why DraftKings Is Down 7% Today

Shares of DraftKings were losing ground Monday on news of a stock offering.   What Happened: DraftKings Inc (NASDAQ: DKNG) announced a public offering Monday of 32 million shares of Class A common stock.

DraftKings Trades Lower On 32M Share Offering

Fantasy sports and sports betting operator DraftKings Inc. DKNG, +3.15% said Monday it is offer 32 million shares in a syndicated deal, joining the many companies raising equity and debt at record levels during the coronavirus pandemic. The offering consists of 16 million shares that are being offered by DraftKings and 16 million being offered by certain selling shareholders.

DraftKings to offer 32 million shares in syndicated deal

BOSTON, Oct. 05, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings”) announced today that it has commenced an underwritten public offering of 32 million shares of its Class A common stock, consisting of 16 million shares being offered by DraftKings and 16 million shares being offered by certain selling stockholders of DraftKings. DraftKings and the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 4.8 million shares of Class A common stock. DraftKings will not receive any proceeds from the sale of Class A common stock offered by the selling stockholders. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed.

DraftKings Announces Proposed Public Offering of Class A Common Stock

The stock hit all-time highs during the month on positive press and has now returned over 500% year to date.

Why DraftKings Stock Soared 66% Higher in September

ANGI Homeservices

Wendy's

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A new ETF has this gambling stock moving higher today.

Why Shares of DraftKings Popped 5.7% Today

Online sports betting and gambling is taking off in the U.S., and DraftKings is poised to be a leader, an analyst said. The post Why DraftKings May Be Poised To Lead A Market Worth Up To $58 Billion appeared first on Investor's Business Daily.

Why DraftKings May Be Poised To Lead A Market Worth Up To $58 Billion

Online sports betting DraftKings Inc (NASDAQ: DKNG) just got another bull. The DraftKings Analyst: Needham analyst Brad Erickson initiated coverage on DraftKings with a Buy rating and a price target of $70.

News for DraftKings Stock (DKNG)