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

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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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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EBITDA

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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' online sports betting still has plenty of room to grow in the United States.

Is This a Buying Opportunity for DraftKings?

As legalization opens up markets, companies are in a race to stake their claim to this pie.

Here's Why DraftKings Spent Almost Half a Billion Dollars to Acquire Users

Apple

Dell Technologies

Intel

Even with the indexes at all-time highs, The Udall Report's publisher Sean Udall still has a few issues on his “buy” radar. The tech stock strategist shared the fundamental reasons for the two issues and detailed his game plan moving forward on Friday's PreMarket Plus show.

PreMarket Prep Plus: Why Sean Udall Is Buying DraftKings, Apple

DraftKings Inc. (DKNG) CEO Jason Robins on Q3 2021 results - Earnings Call Transcript

Sports betting company DraftKings Inc shelved its $22 billion buyout of British rival Entain Plc last month to focus on its core U.S. market, Chief Executive Officer Jason Robins said on Friday.

DraftKings called off Entain deal to focus on U.S. - CEO

Amazon

DraftKings Inc (NASDAQ: DKNG) blamed higher cost of revenue as it reported widened loss and lower-than-expected revenue for its fiscal third quarter on Friday. Shares opened 5.0% down but recovered entirely in a few hours.

DraftKings' CEO: ‘we want to be in the same conversation with companies like Amazon'

DraftKings (DKNG) delivered earnings and revenue surprises of -21.62% and -5.36%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

DraftKings (DKNG) Reports Q3 Loss, Misses Revenue Estimates

DraftKings Inc (NASDAQ:DKNG) is trading lower Friday after the company announced its third-quarter financial results. DraftKings reported quarterly revenue of $213 million, up from $133 million year-over-year.

Why DraftKings Shares Are Falling Today

DraftKings Inc (NASDAQ: DKNG) reported third-quarter FY21 sales growth of 60.1% year-on-year, to $212.82 million, missing the analyst consensus of $236.6 million. "On a same state basis and taking into consideration lower than expected hold primarily due to NFL game outcomes, third quarter revenue would have been $40 million higher," CFO Jason Park said.

DraftKings Shares Slide On Q3 Revenue Miss, Narrowed FY21 Revenue Outlook

Betting firm DraftKings Inc tightened its forecast for annual revenue, saying it recorded a $25 million hit due to payouts following customer-friendly results in the National Football League (NFL).

DraftKings tightens annual revenue forecast, shares drop

In the wake of a big buy on Tuesday, a couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made additional huge purchases on Thursday.

Cathie Wood's ARK Invest Buys Over 400,000 More Shares of DraftKings

Successfully completed sports betting technology migration ahead of schedule; Continued user growth and engagement with new product offerings Successfully completed sports betting technology migration ahead of schedule; Continued user growth and engagement with new product offerings

DraftKings Meets Guidance with Third Quarter Revenue Growth of 60%; Exceeds 2.1 Million MUPs in September; Increases Midpoint of 2021 Revenue Guidance to $1.26 Billion; Introduces 2022 Revenue Guidance of $1.7 Billion to $1.9 Billion

Shares of DraftKings Inc. DKNG, -4.61% dropped 5.2% in premarket trading Friday, after the digital sports entertainment and gaming company reported third-quarter loss that surprisingly widened and revenue that missed forecasts, as cost of revenue and marketing spending jumped. The net loss widened to $545.0 million, or $1.35 a share, from $395.7 million, or $1.11 a share, in the year-ago period.

DraftKings stock dives after wider-than-expected loss and revenue miss

Investors are worried that earnings won't be as strong as hoped.

Why DraftKings Stock Fell 4.6% on Thursday

Draftkings Inc. (NASDAQ:DKNG) shares are trading lower Thursday, likely in sympathy with Penn National Gaming, Inc (NASDAQ:PENN) as the stock reported its third-quarter earnings results. DraftKings announced Thursday an expanded multiyear relationship with the National Basketball Association (NBA), making the company a co-official sports betting partner of the league.

DraftKings Drops Below Support, What's Next?

DraftKings Inc (NASDAQ: DKNG) is trading lower in sympathy with Penn National Gaming Inc (NASDAQ: PENN) after the company announced its third-quarter financial results.  Penn National Gaming reported quarterly earnings of 52 cents per share, which is down from 93 cents per share year-over-year.

What's Going On With DraftKings Stock Today?

Canopy Growth

Coty

More than 1,500 companies are reporting quarterly earnings this week. Of five in our watch list for Tuesday afternoon, three (Albemarle, MGM Resorts and Qualcomm) beat on both revenue and profits while one (Skillz) missed on both and the fifth (Fisker) had a smaller than expected loss but no reported revenue.

Earnings Previews: Canopy Growth, Coty, DraftKings

Airbnb

MercadoLibre

Pinterest

Block

The growth stocks have been red-hot over the last year but is the road about to get rocky?

5 Popular Growth Stock Earnings Charts

DraftKings' (DKNG) third-quarter results are expected to reflect gains from solid mobile sports betting demand and iGaming.

What's in the Offing for DraftKings' (DKNG) Q3 Earnings?

Caesars Entertainment

Penn Entertainment

Since the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018, sports-betting companies have boomed in popularity.

DraftKings, Caesars and Penn National — here's how sports-betting stocks performed in October

iHeartMedia

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. [Nasdaq: IHRT] and DraftKings Inc. [Nasdaq: DKNG] announced today a multi-year strategic relationship, making DraftKings the official odds supplier for iHeartMedia's broadcast, digital, podcast and social platforms. Additionally, as part of the agreement DraftKings is now able to co-create and distribute long-form content with iHeartMedia and will receive preferred access to iHeartMedia's full roster of diverse personalities. Furthermore, DraftKings

iHeartMedia and DraftKings Ink Multifaceted Strategic Agreement

The sports-gaming company will report third-quarter earnings results on Nov. 5.

DraftKings Q3 Earnings Preview: Did the NFL Fuel a Surge in Revenue?

Analysts aren't too bullish on DraftKings to end 2021.

Why DraftKings Stock Dropped 4.7% Today

Company expands military focus of DK S.E.R.V.E.S., with over 500 veterans and military spouses trained and $1M+ donated to support Veteran-focused organizations and efforts Company expands military focus of DK S.E.R.V.E.S., with over 500 veterans and military spouses trained and $1M+ donated to support Veteran-focused organizations and efforts

DraftKings Teams Up with Pat Tillman Foundation to Impact the Lives of Active Military Members, Veterans, and Their Families

DraftKings is up for a solid quarter and is in a massive industry that's growing fast. DKNG stock will generate solid returns next year.

News for DraftKings Stock (DKNG)