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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Year over year growth in Revenue and Operating Expenses.

Revenue 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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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 is a digital sports entertainment and gaming company that is creating a full online sports betting platform. The company is a leader in the sports gambling market, which is expected to grow to $127 billion globally by 2027.

Tech And Sports Betting: DraftKings

In the latest trading session, DraftKings (DKNG) closed at $38.15, marking a -1.42% move from the previous day.

DraftKings (DKNG) Stock Moves -1.42%: What You Should Know

DraftKings is a long-term winner, and DKNG stock should find fundamental and technical support around the $40 level. The post Buy the Dip in DraftKings Stock at $40 appeared first on InvestorPlace.

Buy the Dip in DraftKings Stock at $40

DKNG stock had a superb rally that corrected itself. Now is the time to place another bet on it for another comeback opportunity.

DraftKings Stock Is a Fallen Angel That Will Soon Take Flight Again

So, what does this mean? Strike while the iron is hot, and enter a long-term position in DraftKings stock on the pullback.

Pounce on the Pullback with DraftKings Stock

Agreement gives the Company naming rights and ongoing access to local expertise and talent Agreement gives the Company naming rights and ongoing access to local expertise and talent

DraftKings Announces Sponsorship of Gaming Innovation Studio at University of Nevada, Las Vegas

DraftKings' (DKNG) extended partnership with MansionBet is expected to strengthen its footprint in the sports betting space amid coronavirus-led disruptions.

DraftKings (DKNG) Extends Sports Betting Deal With MansionBet

Could this be the reason its stock is down by 40% in October after seemingly going straight up for all of 2020?

A Bad Sign for DraftKings Heading Into Earnings

Due to rising coronavirus cases, DraftKings stock finds itself in a bit of a bind. However, when the pandemic eventually fades, DraftKings is in prime position to dominate the sports betting market.

The Second Wave Is Taking Its Toll on DraftKings

DraftKings' B2B Technology Will Power Leading U.K. Sportsbook DraftKings' B2B Technology Will Power Leading U.K. Sportsbook

DraftKings Extends Sports Betting Agreement with MansionBet

BOSTON, Oct. 26, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that Jason Robins, co-founder, Chief Executive Officer and Chairman of the Board, will participate in a keynote interview at the Global Gaming Expo (G2E):

DraftKings Announces Jason Robins' Participation at Global Gaming Expo

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of DraftKings Inc. (NASDAQ:DKNG).

Were Hedge Funds Right About Crowding Into DraftKings Inc. (DKNG)?

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The iGaming megatrend of the 2020s will spark enormous long-term gains in these hypergrowth, online gambling stocks. The post 3 Gambling Stocks to Buy for the iGaming Megatrend appeared first on InvestorPlace.

3 Gambling Stocks to Buy for the iGaming Megatrend

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At a time when the COVID-19 pandemic forced casinos across the country to close, online gambling companies have benefited dramatically because many people who would normally go to the casino to gamble are now doing so online. Even as casinos reopen, people will likely continue to gamble online. Here are four top online gambling stocks for those who want to tap into the trend.

Four Online Gambling Stocks to Consider

The fantasy sports company says it now has a presence in eight countries worldwide.

DraftKings Expands Its International Strategy With a South African Partnership

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While the Covid-19 pandemic makes gambling stocks risky, their longer-term potential makes the present weakness a possible buy. The post 7 Gambling Stocks That Will Eventually Go on a Winning Streak appeared first on InvestorPlace.

7 Gambling Stocks That Will Eventually Go on a Winning Streak

BOSTON, Oct. 22, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) and Peermont Hotels, Gaming and Resorts, a leading South African gaming and hospitality group, today announced the successful recent launch of PalaceBet (PalaceBet.co.za), a mobile and online sportsbook powered by DraftKings' cutting-edge B2B sports betting technology.

DraftKings and Peermont Launch PalaceBet in South Africa

Shares of DraftKings have plummeted ~30% over the past month on fears of continued pandemic interruption on sports and a lackluster secondary offering.

DraftKings: Now Is The Time To Place Your Bet

BOSTON, Oct. 20, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today announced that it will release its third quarter 2020 results prior to 8:30AM EST on November 13, 2020.

DraftKings to Release Third Quarter 2020 Results November 13

DraftKings stock has been on fire this year. However, the recent pullback is giving investors a rare opportunity to buy the dip.

DraftKings Stock Is Finally Giving Us a Buyable Dip

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DKNG stock is still clinging to the 50-day moving average even following the recent drubbing. The DraftKings longer-term uptrend line is holding as well.

DKNG Stock Is Worth A Bet After The Recent Losing Streak

WarnerMedia's Turner Sports network wants to increase its ratings with its new partnership deal featuring sports betting companies DraftKings and FanDuel.

What Turner Sports, DraftKings and FanDuel could get out of their new sports betting partnership 

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Zoom Video, DraftKings, Vertex Pharma and GameStop were our top stock trades from Thursday. Here's a look at the charts.

News for DraftKings Stock (DKNG)