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

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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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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.

The news comes a day after it announced an alliance with Chicago sports legend Michael Jordan.

DraftKings Announces Partnership With the Chicago Cubs

BOSTON, Sept.  04, 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 the following investor and industry conferences:

DraftKings Announces Jason Robins’ Participation in Upcoming Virtual Investor & Industry Conferences

The whiff was a bit surprising given the good news the company divulged.

Why DraftKings Stock Struck Out on Thursday

DraftKings announced an exclusive partnership with the Chicago Cubs, becoming the team's official daily fantasy and sports betting partner.

DraftKings, fresh off Michael Jordan deal, unveils Chicago Cubs alliance

DraftKings (NASDAQ: DKNG) continues to make news waves with its efforts for market share gains in the growing sports betting market.

DraftKings Signs Deal With Chicago Cubs: What Investors Should Know

Retail Sportsbook at South Side Tavern Now Open and Serving Regional Sports Fans with Enhanced Safety and Cleaning Retail Sportsbook at South Side Tavern Now Open and Serving Regional Sports Fans with Enhanced Safety and Cleaning

Sports Betting in New Hampshire Expands with Opening of DraftKings Sportsbook at Manchester

DraftKings (DKNG) news for Wednesday includes NBA Hall of Famer Michael Jordan joining the company and DKNG stock soaring higher.

DraftKings News: DKNG Stock Jumps 8% on Michael Jordan Relationship

Basketball legend Michael Jordan will advise the board and take a stake in the online gaming company. DraftKings stock rose.

DraftKings Jumps As Michael Jordan Bets On Online Sports Gaming

Hall-of-Fame basketball legend Michael Jordan will be an investor and special adviser to the board of sports-betting company DraftKings, the company announced Wednesday.

DraftKings shares soar after Michael Jordan becomes an investor and adviser

Macy's

This is CNBC's markets live blog that will be updated throughout the day. 

Stock market live updates: Dow gains 200 points, Macy's jumps, DraftKings gets Jordan boost

DraftKings has drafted basketball superstar Michael Jordan as a special adviser to its board of directors — a move investors deemed a slam dunk. The NBA Hall of Famer will take an equity stake in the online sports-betting firm in exchange for his guidance and advice on “key business initiatives,” such as product development, marketing.

DraftKings taps Michael Jordan as special board adviser, stock jumps

Effective immediately, Jordan, owner of the Charlotte Hornets who is well known for his fondness for gambling, will provide “guidance and strategic advice to the board.”

NBA Great Michael Jordan Tapped As ‘Advisor,’ Part Owner Of Sports Betting’s DraftKings

DraftKings Inc. (NASDAQ: DKNG) shares got some air on Wednesday after the firm added a basketball legend to its team.

DraftKings Dunks on the Competition With Its Newest Teammate

Michael Jordan, the NBA immortal who is chairman of the Charlotte Hornets, has taken an equity stake in sports betting firm DraftKings and become a special advisor to the company’s board of directors. In a press release, the company said Jordan will be “providing guidance and strategic advice to the board of directors on key

Michael Jordan Invests In DraftKings, Becomes Advisor To Company’s Board

For his advice on topics ranging from growth to inclusion, Jordan took an equity interest in the company.

NBA Legend Michael Jordan Is Now a Special Advisor at DraftKings

DraftKings (NASDAQ: DKNG) has brought in six-time NBA champion and five-time NBA MVP Michael Jordan as a special advisor to the board of directors.

DraftKings Flies After Michael Jordan Joins As Special Advisor

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

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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

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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.

News for DraftKings Stock (DKNG)