0ABA.L
DraftKings Inc
Q2 2025 Report
DraftKings Inc (0ABA.L) Q2 2025 Financial Results: Strong Revenue Growth and Improved Profitability...
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Executive Summary
DraftKings Inc reported a strong performance in Q2 2024 with net income amounting to $63.82 million, a significant turnaround from a net loss in prior quarters. The revenue of $1.10 billion shows a remarkable year-over-year increase of 26.23%, indicating continued growth in the digital sports betting and gaming market.
Despite a quarterly decline of 6.00% compared to Q1 2024, the company's effective cost management, particularly in operating expenses, has led to an operating income improvement of 53.09% year-over-year. DraftKings continues to optimize its customer acquisition strategies and operational efficiencies, positioning itself favorably against competitors in the gambling industry.
Key Performance Indicators
Revenue
1.10B
QoQ: -6.00% | YoY:26.23%
Gross Profit
441.03M
39.93% margin
QoQ: -5.14% | YoY:20.96%
Operating Income
-32.39M
QoQ: 76.67% | YoY:53.09%
Net Income
63.82M
QoQ: 144.77% | YoY:182.60%
EPS
0.13
QoQ: 143.33% | YoY:176.47%
Revenue Trend
Margin Analysis
Key Insights
- Revenue: $1.10 billion (YoY: +26.23%, QoQ: -6.00%)
- Gross Profit: $441.03 million (YoY: +20.96%, QoQ: -5.14%)
- Operating Income: -$32.39 million
- Net Income: $63.82 million (YoY: +182.60%, QoQ: +144.77%)
- EPS: $0.13 (YoY: +176.47%, QoQ: +143.33%)