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

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Total equity

Stockholders equity

Minority interest

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Total debt

Net debt

Book value per share

Cash from operations

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Change in working capital

Cash from investing

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Cash from financing

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.

A change in plans regarding the buyout proposal for a competitor has DraftKings looking sweet.

1 Top Gambling Stock for Your Halloween Treat Bag

DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: DraftKings (DKNG) Q3 Earnings Expected to Decline

DKNG stock looks attractive with ample scope for organic growth. Further, the company is looking for expansion to new markets.

DraftKings Is Set to Rally as the Sports Betting Industry Booms

DraftKings (DKNG) closed the most recent trading day at $47.83, moving -1.89% from the previous trading session.

DraftKings (DKNG) Dips More Than Broader Markets: What You Should Know

The end of a proposed acquisition deal has investors excited.

Why DraftKings' Stock Price Jumped on Tuesday

Live Nation

RedBall Acquisition Corp.

Vivid Seats

All good athletes know that defense is as important as offense. Ditto on Wall Street. Vivid Seats projects 2022 revenue will get to 2019 levels while SeatGeek says its revenue will more than double by then. Investors are cheering them on.

Sports Pros Play Risky Offense-Only Investing Game

DKNG stock is investing in its platform to expand DraftKings' user base and boost sales growth to new heights. The post DraftKings Stock Has Massive Upside as Recent Expansion Efforts Kick In appeared first on InvestorPlace.

DraftKings Stock Has Massive Upside as Recent Expansion Efforts Kick In

General Electric

Ocugen, Inc.

Lockheed Martin

General Electric, DraftKings, Lockheed Martin and Ocugen were our top stock trades for Wednesday. Now, here's how the charts are setting up.

4 Top Stock Trades for Wednesday: DKNG, GE, LMT, OCGN

DraftKings Inc (NASDAQ: DKNG) withdrew from a $22 billion deal to acquire Entain plc (LON: ENT) on Tuesday. Its CEO Jason Robins said: After several discussions with Entain leadership, DraftKings has decided that it will not make a firm offer for Entain at this time.

DraftKings terminates its offer to buy Entain plc

DraftKings (DKNG) stock is doing well on Tuesday with heavy trading after announcing it won't be making a firm offer for Entain. The post Why DKNG Stock Investors Are Betting On the Dropped DraftKings-Entain Deal appeared first on InvestorPlace.

Why DKNG Stock Investors Are Betting On the Dropped DraftKings-Entain Deal

As consolidation continues in the sports betting and online gaming space, one rumored deal has failed to materialize.  What Happened: DraftKings Inc (NASDAQ: DKNG) announced Tuesday that it will not be holding further talks with the Entain ADR (OTC: GMVHY) board of directors or making a firm offer for the company.

DraftKings Drops Deal Talks With Entain: What Investors Should Know

U.S. betting company DraftKings Inc said on Tuesday it will not make a formal offer to buy British gambling firm Entain.

DraftKings says it will not make an offer to buy Entain

BOSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) -- DraftKings (NASDAQ: DKNG) confirms that, following further analysis and discussions with the Entain board of directors, it will not make a firm offer for Entain.

DraftKings Statement Regarding Entain

DraftKings Inc (NASDAQ:DKNG) stock has been consolidating above the $48 level since late September.

Checking in With DraftKings Stock After Recent Slide

If there's one thing about owning shares of DraftKings, it's that it has no shortage of news. If you own DKNG stock, that's a good thing.

The Push for Growth Will Be Great for DraftKings Stock

BOSTON, Oct. 21, 2021 /PRNewswire/ -- Drive by DraftKings, the multi-stage venture capital firm investing in sports tech and entertainment companies, has today announced that it has raised its first venture fund of $60 million, which is backed by high-profile owners, organizations, investors and athletes across the sports and entertainment industries. Raised in just six months, the fund is oversubscribed by 20% with notable investors including: The Kraft Group (New England Patriots), Jones family (Dallas Cowboys), DraftKings Inc. (NASDAQ: DKNG), Todd Boehly (Los Angeles Dodgers, Los Angeles Lakers, Los Angeles Sparks), Madison Square Garden Sports Corp., Madison Square Garden Entertainment Corp., Arctos Sports Partners, and Mike Gordon (Fenway Sports Group).

Drive by DraftKings Launches $60 Million Venture Fund to Invest in Sports Tech and Entertainment

MGM Resorts

Flutter Entertainment PLC

September was a big month in the world of sports betting: a record was set in New Jersey for betting handle and an operator in Michigan became the first to reach the $100 million handle milestone. An analyst took a look at how the top states are doing in sports betting and how the big three are controlling the market.

Analyst Raises TAM For Online Sports Betting, Highlights A Few Big Winners

MercadoLibre

PagerDuty

PayPal

Roku

Twilio

Zoom Video

Pullbacks in high-quality growth stocks are huge opportunities for patient investors. Here are seven promising picks to check out now.

7 Growth Stocks to Buy Before They Come Roaring Back

DraftKings' deal to buy GNOG could push the value of DKNG stock even higher than the previous estimate of $80.93 per share. The post DraftKings Will Only Go Higher Once It Buys Golden Nugget Online Gaming appeared first on InvestorPlace.

DraftKings Will Only Go Higher Once It Buys Golden Nugget Online Gaming

US gambling group Draftkings Inc has been given more time in its takeover pursuit of Ladbrokes and Gala bingo owner Entain PLC. A put up or shut up option has been extended until 16 November, while Entain has given the US firm a list of requirements to get the acceptance of the gambling group's board.

Draftkings Inc gets more time for Entain bid

Ladbrokes owner Entain said on Tuesday rival DraftKings has until Nov. 16 to make a formal offer to take over the British sports betting and gambling firm, following a $22.4 billion proposal from the U.S.-based company last month.

DraftKings gets one more month to decide on formal offer for Britain's Entain

DraftKings Inc (NASDAQ: DKNG), The Mashantucket Pequot Tribal Nation, and Foxwoods Resort Casino launch online and mobile sports betting and online casino in Connecticut. The first wager accepted was $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight's National League Championship game.

DraftKings Launches Online Sports Betting In Connecticut

DraftKings Inc. DKNG, +1.19% , Foxwoods Resort Casino and Mashantucket Pequot Tribal Nation announced the launch in Connecticut of online and mobile sports betting and an online casino on Tuesday. The first bet was for $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight's game.

DraftKings and Foxwoods launch online betting in Connecticut

BOSTON, Oct. 19, 2021 (GLOBE NEWSWIRE) -- The Mashantucket Pequot Tribal Nation, Foxwoods Resort Casino and DraftKings Inc. (Nasdaq: DKNG) today announced that online and mobile sports betting and online casino launched in Connecticut at 6:00 A.M. ET after successfully completing the required soft launch testing which began a week ago. The first wager accepted was $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight's National League Championship game.

Foxwoods and DraftKings Launch Online Sports Betting and iGaming in Connecticut

The digital sports gaming company DraftKings is working with the Ethereum-based scaling platform Polygon to support custom NFT drops on the DraftKings marketplace. As Seeking Alpha reported on Monday (Oct. 18), the deal gives the marketplace a blockchain solution that's both scalable and eco-friendly.

News for DraftKings Stock (DKNG)