earnings
confidence high
sentiment positive
materiality 0.75
DraftKings Q4 revenue $1.39B (+13% YoY); raises FY2025 revenue midpoint to $6.45B
DraftKings Inc.
2024-FY EPS reported
-$1.05
revenue$4,767,699,000
- Q4 revenue $1.393B (+13% YoY); net loss $135M ($0.28 diluted loss).
- FY2024 revenue $4.768B (+30% YoY); first year of positive Adjusted EBITDA.
- Raises FY2025 revenue guidance midpoint from $6.4B to $6.45B; reaffirms Adj. EBITDA guidance $900M-$1.0B.
- Monthly unique payers 4.8M (+36% YoY); ARPMUP $97 (-16% YoY) due to customer-friendly sports outcomes and Jackpocket mix.
- Live mobile sports betting in 25 states and D.C.; plans to launch in Missouri and Puerto Rico pending approvals.