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Revenue segments as reported by the company.

Online Gaming

Gaming Software

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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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

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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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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.

DKNG stock continues to soar after a stellar third quarter and remains a solid bet in the fast-growing iGaming market The post DraftKings Continues to Sweeten the Pot After a Blow-out Third Quarter appeared first on InvestorPlace. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next 1,000% Winner Radical New Battery Could Dismantle Oil Markets

DraftKings Continues to Sweeten the Pot After a Blow-out Third Quarter

FuboTV

NVIDIA

Even with the sports calendar disrupted because of the pandemic, there are several companies with exposure to the industry that are quickly becoming Wall Street favorites. DraftKings (NASDAQ: DKNG), FuboTV (NYSE: FUBO), and NVIDIA Corporation (NASDAQ: NVDA) are posting strong scores with their double-digit growth amid this gloomy economic surrounding.

3 Sports Stocks That Are Winning The Game

DKNG stock management is doing what is necessary to succeed in the long term. Once Covid-19 fears abate the stock will explode.

Odds Are Draftkings Stock Will Continue to Win

dMY Technology Group Inc

Gan Ltd

Landcadia Holdings IV Inc

MGM Resorts

Flutter Entertainment PLC

Penn Entertainment

The Michigan Joint Committee on Administrative Rules is set to bless new regulations Tuesday, which could include online sports betting in the state. What To Know: One year after the state of Michigan legalized sports betting, the state has not allowed online sports betting or iGaming.

7 Stocks To Watch Ahead Of Michigan Online Sports Betting Legislation

Coupled with the bullish factors mentioned above, and there's enough in the tank to boost DKNG stock further from here. Don't bet the ranch, but consider shares a cautious buy at today's prices.

As Outlook Gets A Boost, Plenty of Runway Remains with DraftKings Stock

Deal Includes Daily Fantasy, Sports Betting and iGaming Partnerships Deal Includes Daily Fantasy, Sports Betting and iGaming Partnerships

DraftKings Becomes an Official Partner of the Detroit Pistons

Investors who like to buy the dip should look hard at DKNG stock as the sports gaming company is poised to recover from its October-end low. The post DraftKings Is Set to Climb From October-end Dip After Solid Q3 Report appeared first on InvestorPlace.

DraftKings Is Set to Climb From October-end Dip After Solid Q3 Report

Bet on fans if you want to cash in on the sports market these days. Let's check out a wagering specialist, a digital-TV platform, and a tech darling that belong in your portfolio's starting lineup.

3 Top Sports Stocks to Watch in December

It looks like Canada is about to follow America's gambling liberalization trend.

Why DraftKings Shot 5% Higher on Friday

DraftKings (DKNG) shares rose more than 4% after Canada moved to decriminalize single-event sports betting.

DraftKings (DKNG) Extends Rally After Canada's Move

A little over a month ago, we unpacked the technical tenacity of online sports betting company DraftKings Inc (NASDAQ:DKNG), a key cog in the gambling machine.

DraftKings, Airbnb, and the Future of IPOs

Another partnership could make for a big weekend for DraftKings.

Why DraftKings' Stock Jumped 6.6% on Wednesday

World Boxing Athletic Commission to Both Score and Determine Winner for November 28 th Fight With Wagering Available via DraftKings

DraftKings Teams with Triller to Become the Official Sports Betting Partner of Mike Tyson vs. Roy Jones Jr. Boxing Match

Caesars Entertainment

Las Vegas Sands

After a year of unexpected success in the gaming sector, investors should keep these five gambling stocks on their radars. The post Place Your Bets on Black with These 5 Gambling Stocks appeared first on InvestorPlace.

Place Your Bets on Black with These 5 Gambling Stocks

The state is now the biggest sports wagering market by far.

How FanDuel and DraftKings Helped New Jersey Set a Sports Betting Record

The stock is trading at a substantial premium compared to its key competitor.

Why DraftKings Stock Is So Expensive

Analysts say sports betting and online gaming is a $40 billion business. DraftKings will grab a big chunk.

What's the Over/Under on DraftKings' Market Share?

JD.com

Some of this year's biggest winners should keep beating the market.

Got $2,000? These 3 Hot Stocks Can Fly Higher in 2021

In the sports betting industry, marketing costs aren't limited to advertising, though DraftKings and rival FanDuel are quite liberal on that front. There's customer acquisition costs, including sign-up bonuses for new players.

DraftKings Stock Is Where Expectations and Reality Could Collide

DraftKings stock barely budged after earnings. Near-term news looks priced in, which means long-term investors should wait for their pitch.

After Earnings, Still Worth Waiting for a Pullback in DraftKings Stock

Nearly half of U.S. states now allow online sports wagering.

DraftKings to Jump 115% as Analyst Sees Market Undervaluing Online Betting Opportunity

Churchill Downs

This year has certainly been one for indulging in simple pleasures and, in some cases, simple vices. Throughout 2020, consumers have been expanding their budgets to make more room for everything from food and alcohol to retail goods and electronics.

Are Gambling Stocks A Strong Bet In An Uncertain Market?

General Electric

Home Depot

Macy's

Home Depot, General Electric, Macy's and DraftKings were our top stock trades for Wednesday. Let's look at the what the charts are saying.

4 Top Stock Trades for Wednesday: HD, GE, M, DKNG

Online betting is now nine-tenths of the state's handle, which is overtaking Nevada's.

DraftKings, Penn Benefit as Pennsylvania Sports Betting Soars Over Half a Billion Dollars

Two of the best performing online sports betting stocks are sized up with new ratings from Loop Capital. The Analyst: Loop Capital analyst Daniel Adam initiates coverage on DraftKings Inc (NASDAQ: DKNG) with a Buy rating and $100 price target.

News for DraftKings Stock (DKNG)