NASDAQ$DKNG
Draftkings Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
DraftKings reported strong Q4 2022 financial results, marked by significant revenue growth and a focus on expense management.
DraftKings' Q4 2022 revenue reached $855 million, an 81% increase year-over-year, driven by customer retention, monetization, successful product launches in new jurisdictions, and improved sportsbook hold. The company is raising its 2023 revenue guidance and improving its Adjusted EBITDA guidance.
- Revenue increased by 81% year-over-year to $855 million.
- Monthly Unique Payers (MUPs) rose by 31% to 2.6 million.
- Average Revenue per MUP (ARPMUP) increased by 42% to $109.
- The company is raising its fiscal year 2023 revenue guidance and significantly improving its fiscal year 2023 Adjusted EBITDA guidance.
Headline financials
Revenue & EPS history
DraftKings · Revenue · Quarterly
$855M
Forward guidance
DraftKings is raising its fiscal year 2023 revenue guidance to a range of $2.85 billion to $3.05 billion and improving its fiscal year 2023 Adjusted EBITDA guidance to between ($350) million and ($450) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.8%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+3.4%
Avg return
30 days after
63%
17 / 27 earnings
Positive
+23.9%
Q3 2023
Best reaction
-24.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.0% | -2.4% | -3.2% | |
| Q4 2025 | -13.5% | -7.8% | +2.8% | |
| Q3 2025 | +8.6% | +12.6% | +21.5% | |
| Q1 2025 | +2.5% | +8.2% | +1.3% | |
| Q4 2024 | +15.2% | +9.3% | -18.5% | |
| Q3 2024 | +4.9% | +9.0% | +15.7% | |
| Q2 2024 | -13.3% | -15.1% | -6.6% | |
| Q1 2024 | +0.0% | +3.5% | -16.0% | |
| Q4 2023 | +1.6% | -5.8% | -4.8% | |
| Q3 2023 | +23.9% | +32.0% | +43.2% | |
| Q2 2023 | +5.0% | +4.9% | -2.0% | |
| Q1 2023 | +12.1% | +11.2% | +13.7% | |
| Q4 2022 | +15.5% | +12.3% | +0.5% | |
| Q3 2022 | -24.7% | -25.6% | -1.1% | |
| Q2 2022 | +12.7% | +18.3% | -5.3% | |
| Q1 2022 | -23.9% | -28.9% | -11.9% | |
| Q4 2021 | -15.7% | -11.0% | -11.1% | |
| Q3 2021 | +0.2% | -8.1% | -36.5% | |
| Q2 2021 | +3.7% | +3.4% | +20.9% | |
| Q1 2021 | -12.6% | -18.8% | -3.0% | |
| Q4 2020 | +18.9% | +13.7% | +10.0% | |
| Q3 2020 | +3.6% | +15.6% | +21.4% | |
| Q2 2020 | -3.8% | +0.6% | +15.0% | |
| Q1 2020 | +16.8% | +17.3% | +45.7% | |
| Q4 2019 | -14.1% | -11.1% | +0.1% | |
| Q3 2019 | +0.0% | -0.5% | +0.0% | |
| Q2 2019 | +0.2% | +0.2% | +0.9% | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — |
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