Flutter Entertainment plcFLUTEarnings & Financial Report
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.
Revenue
$3.4B
Gross Profit
$1.6B
Operating Profit
$124.0M
Net Profit
$-177.0M
Gross Margin
47.2%
Operating Margin
3.7%
Net Margin
-5.2%
YoY Growth
16.4%
EPS
$-1.10
Financial Flow
Flutter Entertainment plc Q1 2024 Financial Summary
Flutter Entertainment plc reported revenue of $3.4B (up 16.4% YoY) for Q1 2024, with a net profit of $-177.0M (down 59.5% YoY) (-5.2% margin). Cost of goods sold was $1.8B, operating expenses totaled $1.5B.
Key Financial Metrics
| Total Revenue | $3.4B |
|---|---|
| Net Profit | $-177.0M |
| Gross Margin | 47.2% |
| Operating Margin | 3.7% |
| Report Period | Q1 2024 |
Revenue Breakdown
Flutter Entertainment plc Q1 2024 revenue of $3.4B breaks down across 5 segments, led by Sports Book at $986.0M (29.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sports Book | $986.0M | 29.0% |
| Other | $863.0M | 25.4% |
| GB | $861.0M | 25.3% |
| Igaming | $358.0M | 10.5% |
| AU | $329.0M | 9.7% |
Flutter Entertainment plc Revenue by Segment — Quarterly Trend
Flutter Entertainment plc revenue by segment across the last 4 reported quarters, showing how each business line (such as Sports Book and Other) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Sports Book | $1.5B | — | $1.2B | $1.1B |
| Other | $2.6B | — | $2.4B | $2.0B |
| Igaming | $586.0M | — | $507.0M | $472.0M |
Flutter Entertainment plc Annual Revenue by Year
Flutter Entertainment plc annual revenue history includes year-by-year totals (for example, 2025 revenue was $16.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $16.4B |
| 2024 | $14.0B |
Flutter Entertainment plc Quarterly Revenue & Net Profit History
Flutter Entertainment plc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $4.7B | +24.9% | $10.0M | 0.2% |
| Q3 2025 | $3.8B | +16.8% | $-789.0M | -20.8% |
| Q2 2025 | $4.2B | +16.0% | $37.0M | 0.9% |
| Q1 2025 | $3.7B | +7.9% | $335.0M | 9.1% |
| Q4 2024 | $3.8B | +14.5% | $156.0M | 4.1% |
| Q3 2024 | $3.2B | +27.0% | $-114.0M | -3.5% |
| Q2 2024 | $3.6B | +20.3% | $297.0M | 8.2% |
| Q1 2024 | $3.4B | +16.4% | $-177.0M | -5.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.40B | $3.61B | $3.25B | $3.79B | $3.67B | $4.19B | $3.79B | $4.74B |
| YoY Growth | 16.4% | 20.3% | 27.0% | 14.5% | 7.9% | 16.0% | 16.8% | 24.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.39B | $24.32B | $25.48B | $24.51B | $24.82B | $29.87B | $29.34B | $29.28B |
| Liabilities | $13.25B | $12.84B | $13.47B | $13.24B | $13.05B | $17.23B | $19.42B | $19.58B |
| Equity | $9.50B | $9.88B | $10.24B | $9.29B | $9.86B | $10.21B | $9.24B | $9.04B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $337.0M | $323.0M | $290.0M | $652.0M | $188.0M | $359.0M | $209.0M | $428.0M |