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.

Ark Funds CEO and Founder Cathie Wood joined Benzinga's “Raz Report” this week and discussed the history of Ark Funds. Wood also shared some of the reasons why Ark Funds owns several positions, including in DraftKings Inc (NASDAQ: DKNG).

Why Cathie Wood Is Bullish On DraftKings

Etsy

Five9

Piedmont Lithium

Sonos

Wix.com

Livent Corp

These 7 growth stocks look like they're primed to pop. But the business side of these companies shows they can go nowhere else but up.

7 Growth Stocks Undaunted By All-Time Highs

DraftKings is shelling out more than $100 million for the combat sports partnership.

DraftKings Boosts Its Mixed Martial Arts Betting With a Big UFC Deal

ARK Genomic Revolution Multi-Sector ETF

ARK Industrial Innovation ETF

Palantir Technologies

Tencent Holdings Limited

Teladoc

Zoom Video

ARK Invest buys this week have some stocks taking off as the private investment firm picks up shares on the stock market dip. The post ARK Invest Buys: What Stocks Is Cathie Wood Buying on the Dip This Week?

ARK Invest Buys: What Stocks Is Cathie Wood Buying on the Dip This Week?

DraftKings Inc (NASDAQ: DKNG) announced Thursday that it is the sportsbook and daily fantasy partner for UFC, the world's premier MMA organization. What Happened: DraftKings, an online betting and iGaming leader, will now be able to offer fans “in-game promotions, activations, in-broadcast odds integrations and UFC branding” across its platform.

DraftKings, UFC Strike Sportsbook, Daily Fantasy Partnership

DraftKings is partnering with mixed martial arts promoter UFC to offer its sportsbook and daily fantasy in the U.S. and Canada. The post DraftKings Taps Into One Of The Fastest-Growing Sports In Massive Deal appeared first on Investor's Business Daily.

DraftKings Taps Into One Of The Fastest-Growing Sports In Massive Deal

Shares of DraftKings Inc. rallied 4.0% in premarket trading Thursday, after the digital sports gaming company announced a deal in which it will be the UFC's official sportsbook and daily fantasy partner. DraftKings said it will now be able to offer in-game promotions, odds integrations and UFC branding, and will have the right to use official marks and logos of the mixed martial arts organization.

DraftKings stock surges after deal to be UFC's official sportsbook, daily fantasy partner

The agreement grants DraftKings the rights to be UFC's sportsbook partner and includes rights to licensing a countdown clock.

UFC agrees to show DraftKings betting odds in its broadcasts

CrowdStrike

Virgin Galactic

Some of the market's best performers have been stocks that began trading in the past two years.

3 Recent IPOs to Add to Your Watch List

DISH Network

DISH Network is working with DraftKings to make DraftKings' fantasy sports experiences available to DISH customers, according to a press release. The integration process will begin with the DraftKings app being put into DISH's TV Hopper platform.

DISH, DraftKings Partner On DVR Fantasy Sports Integration

A unique partnership deal may not be as groundbreaking as originally believed.

Why Shares of DraftKings Fell and DISH Network Rose Today

On Wednesday (Mar. 3), sports betting site DraftKings and cable television provider DISH Network announced a first-of-its-kind partnership that will bring gaming directly to television broadcasts. The new strategic partnership across DISH's portfolio of brands will bring DraftKings' sportsbook and daily fantasy experiences directly to DISH customers nationwide, starting with a DraftKings app integration on […]

DraftKings Teams Up With DISH Network For TV Betting

A sports betting partnership between Dish Network and DraftKings has hammered the stock of upstart streaming bundle provider FuboTV. Shares in Fubo, which have been on a wild ride in recent months but have risen more than 300% over the past year, were down 19% as the trading day reached the home stretch. The company...

Dish-DraftKings Sports Betting Pact Blitzes FuboTV Stock

The integration will match up live sports with sports betting or fantasy sports.

DraftKings and Dish Network Partner to Combine TV and Digital Sportsbook

A strategic partnership was announced Wednesday between television provider DISH Network (NASDAQ: DISH) and sports betting operator DraftKings (NASDAQ: DKNG). The deal will bring DraftKings' sportsbook and daily fantasy games directly to Dish Network customers nationwide.

DraftKings And Dish Network Partner On Sports Betting, TV Integration

DISH Network Corp. and DraftKings Inc. announced Wednesday an agreement in which DraftKings' fantasy experiences and sportsbook will be provided directly to DISH customers. Shares of DISH surged 7.3% in premarket trading and DraftKings rose 2.7%.

DISH, DraftKings stocks rally after app integration agreement

ENGLEWOOD, Colo., March 3, 2021 /PRNewswire/ -- DISH Network (Nasdaq: DISH) and DraftKings (Nasdaq: DKNG) today announced a strategic agreement across DISH's portfolio of brands to bring DraftKings' sportsbook and daily fantasy experiences directly to DISH customers nationwide, beginning...

DISH and DraftKings Introduce First-of-Its-Kind App Integration

Score Media and Gaming

Rumors circulated Monday that Draftkings Inc (NASDAQ:DKNG) had set its sights to acquire Score Media and Gaming Inc (NASDAQ:SCR). What Happened: Less than one week after being listed on Nasdaq, Score Media is the subject of takeover rumors, which sent shares up in after-hours trading Monday, reported CasinoNews.org.

Is DraftKings Looking To Takeover Score Media and Gaming?

DraftKings Inc (NASDAQ: DKNG) received several price target raises after the strong fourth quarter reported on Friday. The DraftKings Analysts: Canaccord Genuity analyst Michael Graham reiterates a Buy rating and raises the price target from $65 to $80.

DraftKings Analysts Cheer Strong Q4, Sports Betting Growth And SBTech Integration

Rocket Companies, Inc.

Workhorse Group

Nio, DraftKings, Rocket Companies and Workhorse were our top stock trades for Tuesday. Let's look at how the charts are setting up now.

4 Top Stock Trades for Tuesday: NIO, DKNG, RKT, WKHS

Hi and welcome to Insider Advertising for March 2. I'm senior advertising reporter Lauren Johnson, and here's what's going on: DraftKings' M&A. Instagram's new Clubhouse-like feature. Big Tech's regulatory issues. If this email was forwarded to you, sign up here for your daily insider's guide to advertising and media.

DraftKings is reportedly eyeing sports betting acquisitions

The company said it could notch $1 billion in revenue this year as sports return to normal and more states allow online gambling

DraftKings Is Jumping as More States Take Up Mobile Sports Betting

The stock price of Draftkings Inc (NASDAQ: DKNG) is trading at over 10% during intraday trading. This is why it happened.

DKNG Stock Price Increases Over 10% Intraday: Why It Happened

The stock price of DraftKings Inc. (NASDAQ:DKNG) increased by 6.43% on Friday, February 26. This is why it happened.

DKNG Stock Price Increased 6.43%: Why It Happened

With more players, in more states, placing more online sports bets than ever, DraftKings closed the books on a record fourth quarter and full year Friday (Feb. 26), while raising expectations for 2021 and predicting it could do $1 billion in revenue. Officially, the Boston-based gaming firm reported a 98 percent increase in Q4 revenues […]

News for DraftKings Stock (DKNG)