DraftKings Past Earnings Performance
Past criteria checks 0/6
DraftKings's earnings have been declining at an average annual rate of -4.3%, while the Hospitality industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 48.1% per year.
Key information
-4.3%
Earnings growth rate
5.8%
EPS growth rate
| Hospitality Industry Growth | 1.3% |
| Revenue growth rate | 48.1% |
| Return on equity | -38.8% |
| Net Margin | -9.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How DraftKings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 4,606 | -417 | 1,851 | 373 |
| 30 Jun 24 | 4,300 | -406 | 1,778 | 359 |
| 31 Mar 24 | 4,071 | -548 | 1,758 | 356 |
| 31 Dec 23 | 3,665 | -802 | 1,804 | 355 |
| 30 Sep 23 | 3,290 | -1,000 | 1,859 | 350 |
| 30 Jun 23 | 3,002 | -1,168 | 1,910 | 338 |
| 31 Mar 23 | 2,593 | -1,307 | 1,941 | 325 |
| 31 Dec 22 | 2,240 | -1,378 | 1,932 | 318 |
| 30 Sep 22 | 1,859 | -1,462 | 1,894 | 304 |
| 30 Jun 22 | 1,570 | -1,556 | 1,926 | 293 |
| 31 Mar 22 | 1,401 | -1,645 | 1,925 | 279 |
| 31 Dec 21 | 1,296 | -1,523 | 1,785 | 254 |
| 30 Sep 21 | 1,145 | -1,440 | 1,619 | 250 |
| 30 Jun 21 | 1,065 | -1,290 | 1,427 | 239 |
| 31 Mar 21 | 838 | -1,509 | 1,216 | 207 |
| 31 Dec 20 | 615 | -1,232 | 906 | 169 |
| 30 Sep 20 | 423 | -1,018 | 674 | 119 |
| 30 Jun 20 | 357 | -679 | 427 | 79 |
| 31 Mar 20 | 344 | -181 | 324 | 61 |
| 31 Dec 19 | 323 | -143 | 300 | 56 |
| 30 Sep 19 | 286 | -115 | 265 | 50 |
| 31 Dec 18 | 226 | -76 | 221 | 33 |
| 31 Dec 17 | 192 | -77 | 213 | 20 |
Quality Earnings: 0ABA is currently unprofitable.
Growing Profit Margin: 0ABA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0ABA is unprofitable, and losses have increased over the past 5 years at a rate of 4.3% per year.
Accelerating Growth: Unable to compare 0ABA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 0ABA is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (2.1%).
Return on Equity
High ROE: 0ABA has a negative Return on Equity (-38.76%), as it is currently unprofitable.