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

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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 said on Wednesday basketball legend Michael Jordan has joined the e-sports and gambling company's board as a special adviser.

NBA legend Michael Jordan joins DraftKings as special adviser to board

Shares of DraftKings jumped in premarket trading after the company said Michael Jordan is joining the betting company as a special advisor.

DraftKings shares surge 16% after Michael Jordan joins betting company as board advisor

Apple

Activision Blizzard

Novavax

Anaplan Inc

Block

We used TipRanks analyst ranking service to pinpoint Wall Street's best-performing analysts.

With the market back at a record, Wall Street's top analysts think these stocks can go even higher

DraftKings' success going public through a special purpose acquisition vehicle helped kick off a surge in SPACs this year. CEO Jason Robins says the market may overheat.

DraftKings CEO sounds alarm on SPAC market: 'Hopefully the market settles down a little bit there'

A Morgan Stanley analyst just listed six reasons why he downgraded the stock.

Why DraftKings Dropped 6% Today

Penn Entertainment

After impressive 2020 share gains by the sports betting stocks, Morgan Stanley is downgrading shares of Draftkings Inc (NASDAQ: DKNG) and Penn National Gaming, Inc.

Morgan Stanley Says Sports Betting Expectations Are Too High, Downgrades DraftKings And Penn National

Disney

Las Vegas Sands

MGM Resorts

AT&T

Wynn Resorts

NBA playoffs will reportedly resume following a player boycott to protest the latest police shooting of an unarmed African American man.

Disney, Casino Stocks Rise As NBA Playoffs Set To Resume

Starbucks

Shopify

Tuesday's rapid-reversal after the weak open had Nasdaq stocks itching for more upside. Here are my three favorite breakout stocks to buy.

3 Breakout Stocks to Buy Right Now

Fastly

Microsoft

Target

Microsoft, DraftKings, Fastly and Target were our top stock trades for Tuesday. So, let's have a look at the charts to get some more insight.

4 Top Stock Trades for Wednesday: MSFT, DKNG, FSLY, TGT

Popular stocks remain winners even on a quiet market day.

NIO, DraftKings Jump as Stock Markets Largely Ignore Dow Moves

DraftKings stock is holding firm after earnings report. Either play the range with naked puts or game the looming breakout with call spreads.

DraftKings Stock Is Primed For A Big Bullish Break

Near-term weakness in DraftKings stock simply lays the groundwork for longer-term strength, thanks to robust online sports betting tailwinds. 
The post DraftKings Stock is Consolidating Before Another Breakout Higher appeared first on InvestorPlace.

DraftKings Stock is Consolidating Before Another Breakout Higher

Over the long haul, DraftKings stock will prove to be a consistent winner. For now, though, let the skeptics push the price down lower.

Let DraftKings Stock Hit All the Branches of the ‘Ugly’ Tree

DraftKings stock sold off after earnings, but the numbers aren't the issue. Valuation and big competition suggest struggles at this price.

Earnings Leave the Same Big Questions for DraftKings Stock

An analyst helped push shares higher today.

Why DraftKings' Shares Jumped 8.4% on Tuesday

Peloton

There's no stopping the tech-heavy index.

Nasdaq at Record High Again; Peloton Climbs on Gym Fears; DraftKings Shrugs Off Sports Closures

Financially speaking, DraftKings is in much better shape than the airlines. For this reason, I’m still bullish about DraftKings stock.

If You’re Worried About DraftKings Stock, Don’t Buy the Airliners

Allogene Therapeutics Inc

MyoKardia

Plug Power

United Therapeutics

Acceleron Pharma

It's not uncommon for stocks that have significantly outperformed for several months to take a breather.

7 Best Stocks to Buy Now for More Red-Hot Returns

DraftKings, FanDuel and other similar daily fantasy sports companies must pay federal excise tax on their entry fees, the IRS ruled. DKNG stock fell after the fantasy sports firm reported disappointing earnings.

DraftKings, FanDuel Entry Fees Declared Taxable by IRS

Shares in DraftKings fell 6% Friday after it disclosed mixed second-quarter results and the IRS said it plans to impose an excise tax on daily fantasy betting. The firm reported a loss of 55 cents a share for the quarter ending June 30, which was wider than the loss of 15 cents in the year-ago

DraftKings Shares Slump On News Of IRS Daily Fantasy Tax, Spotty Q2 Financials

Roundhill Sports Betting & iGaming ETF

Roundhill Esports & Digital Entertainment ETF

Here is what you need to know about online sports betting and gambling industry.

Time to Gamble on Sports Betting Stocks & ETF?

DraftKings' (DKNG) CEO Jason Robins on Q2 2020 Results - Earnings Call Transcript

Revenue for the period jumped after some "creative" initiatives were launched.

DraftKings Whiffs on Q2 Earnings, but a Sports Restart Should Help in Q3

Major league baseball is back, albeit with some coronavirus-induced game cancellations, and the NBA and NHL are starting playoffs in bubble cities as a preventive measure. That should be great news for DraftKings -- but shares tumbled 5% Friday on downbeat earnings.

DraftKings gets ready for a strange football season

iQIYI

Market participants looked to end the week on a quiet note.

News for DraftKings Stock (DKNG)