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.

DraftKings Inc. DKNG, +7.52% shares gained 7.5% in the regular session Tuesday after reports emerged that famed investor George Soros owns 2.7 million shares of the class A stock through an investment vehicle he runs called Quantum Partners.

DraftKings share rise after George Soros investment disclosure

Uber

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Novavax

Uber, Novavax, DraftKings and Aurora Cannabis were our top stock trades for Wednesday. Let's have a look at what the charts say.

4 Top Stock Trades for Wednesday: UBER, ACB, NVAX, DKNG

DraftKings Inc (NASDAQ: DKNG) shares are trading higher on Tuesday, after Bloomberg reported "George Soros wagers on sports betting with DraftKings stake.

Why DraftKings Stock Is Trading Higher Today

DraftKings stock has more than doubled since April 1. The outlook is strong, but an $8 billion market cap raises valuation concerns.

Wait for the Pullback in DraftKings Stock

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Online sports betting was hot on Wednesday.

Why Gambling Tech Companies Both Popped and Dropped Today

DraftKings stock could be one of the best ways to play the U.S. sports betting boom, but it needs to turn a profit soon.

Why DraftKings Stock Is a Decent Bet, but No Sure Thing

The case for investing in providers of legalized gambling like DraftKings in the U.S.

Analyst Likes DraftKings As Public Embraces Legal Sports Betting

DraftKings stock is on the winning side of long-term trends in sports betting. But the stock is a little too pricey right now.

It’s Time to Hit the Breaks on DraftKings Stock

BOSTON, May  04, 2020  (GLOBE NEWSWIRE) -- DraftKings (NASDAQ: DKNG) launched its online casino product in partnership with Hollywood Casino, an affiliate of Penn National Gaming, on Friday in Pennsylvania.  The product is accessible via the DraftKings Sportsbook app and features virtual table games including Blackjack, Roulette and Three Card Poker, in addition to popular slot machine games.

DraftKings Debuts Online Casino in Pennsylvania

Top-Rated Mobile App Provides More Ways Than Ever for Fans to Engage Top-Rated Mobile App Provides More Ways Than Ever for Fans to Engage

DraftKings Launches Mobile Sports Betting in Colorado

Online sports gaming company DraftKings is almost a pure-play investment on U.S. legal sports betting and iGaming growth, according to Morgan Stanley.

Morgan Stanley Wants To Bet On DraftKing's Stock

Online gambling and fantasy sports company DraftKings Inc. received a market value of more than $6 billion after going public through a blank-check company merger — a decidedly nontraditional route to becoming a public company for a very nontraditional company.

DraftKings is now a public company worth more than $6 billion: 5 things to know

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Diamond Eagle Acquisition Corp - Unit (1 Ordinary share Cls A & 1/3 Wrt)

DraftKings is going public via a reverse merger with DEAC, a SPAC vehicle.

DraftKings: A Unique SPAC Play

It wasn't a traditional IPO, but it was still a good day.

Why DraftKings Stock Jumped 10.4% on Friday

DraftKings threw a Hail Mary of an IPO and scored a touchdown. The fantasy sports firm’s stock price surged on its first day of trading Friday even though the coronavirus pandemic has forced sports leagues to take an extended time out.

DraftKings shares surge as company goes public despite sports shutdown

DraftKings Inc. (NASDAQ: DKNG) entered the market with a solid move on Friday in a time when most companies are putting off their IPOs.

DraftKings Enters the Market With a Bang

DraftKings Inc. DKNG, +9.52% stock surged 14% in its first trading day on the Nasdaq before retreating to a gain of 8.4% in early afternoon trading Friday.

DraftKings stock rises 8% in first trading day on the Nasdaq

While COVID-19 has turned the lights out on college and pro sports for the time being, sports betting firm DraftKings went public Friday after closing a $3.3 billion, three-way merger with Hollywood ties. The company’s shares rose more than 12% in early trading after opening at $17.53 on the Nasdaq under the ticker symbol DKNG.

Sports Betting Firm DraftKings Closes Merger, Goes Public Despite COVID-19

There are no baseball, basketball or hockey games being played right now. Football, if the season starts on time, won't be ready to kick off until late August for college and September for the pros.

DraftKings goes public without many live sports to bet on

DraftKings Inc. said late Thursday it had received approval to begin trading on the Nasdaq Global Select Market.

News for DraftKings Stock (DKNG)