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Side-by-side financial comparison of Bunge Global (BG) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.

Bunge Global is the larger business by last-quarter revenue ($21.9B vs $4.7B, roughly 4.6× Flutter Entertainment plc). Bunge Global runs the higher net margin — 0.3% vs 0.2%, a 0.1% gap on every dollar of revenue. On growth, Bunge Global posted the faster year-over-year revenue change (43.4% vs 24.9%). Over the past eight quarters, Bunge Global's revenue compounded faster (142.0% CAGR vs 18.1%).

Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.

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.

BG vs FLUT — Head-to-Head

Bigger by revenue
BG
BG
4.6× larger
BG
$21.9B
$4.7B
FLUT
Growing faster (revenue YoY)
BG
BG
+18.5% gap
BG
43.4%
24.9%
FLUT
Higher net margin
BG
BG
0.1% more per $
BG
0.3%
0.2%
FLUT
Faster 2-yr revenue CAGR
BG
BG
Annualised
BG
142.0%
18.1%
FLUT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BG
BG
FLUT
FLUT
Revenue
$21.9B
$4.7B
Net Profit
$68.0M
$10.0M
Gross Margin
3.5%
44.5%
Operating Margin
5.4%
Net Margin
0.3%
0.2%
Revenue YoY
43.4%
24.9%
Net Profit YoY
-66.2%
-93.6%
EPS (diluted)
$0.35
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BG
BG
FLUT
FLUT
Q1 26
$21.9B
Q4 25
$4.9B
$4.7B
Q3 25
$4.4B
$3.8B
Q2 25
$4.0B
$4.2B
Q1 25
$3.7B
$3.7B
Q4 24
$4.0B
$3.8B
Q3 24
$3.9B
$3.2B
Q2 24
$3.7B
$3.6B
Net Profit
BG
BG
FLUT
FLUT
Q1 26
$68.0M
Q4 25
$95.0M
$10.0M
Q3 25
$166.0M
$-789.0M
Q2 25
$354.0M
$37.0M
Q1 25
$201.0M
$335.0M
Q4 24
$602.0M
$156.0M
Q3 24
$221.0M
$-114.0M
Q2 24
$70.0M
$297.0M
Gross Margin
BG
BG
FLUT
FLUT
Q1 26
3.5%
Q4 25
20.7%
44.5%
Q3 25
24.3%
42.9%
Q2 25
18.4%
46.8%
Q1 25
16.3%
46.6%
Q4 24
27.0%
48.2%
Q3 24
19.9%
46.1%
Q2 24
17.8%
49.2%
Operating Margin
BG
BG
FLUT
FLUT
Q1 26
Q4 25
1.8%
5.4%
Q3 25
6.2%
-22.0%
Q2 25
12.3%
9.3%
Q1 25
7.8%
6.1%
Q4 24
18.3%
7.4%
Q3 24
8.3%
3.0%
Q2 24
2.8%
10.2%
Net Margin
BG
BG
FLUT
FLUT
Q1 26
0.3%
Q4 25
1.9%
0.2%
Q3 25
3.8%
-20.8%
Q2 25
8.8%
0.9%
Q1 25
5.5%
9.1%
Q4 24
15.0%
4.1%
Q3 24
5.7%
-3.5%
Q2 24
1.9%
8.2%
EPS (diluted)
BG
BG
FLUT
FLUT
Q1 26
$0.35
Q4 25
$-0.02
$0.00
Q3 25
$0.84
$-3.91
Q2 25
$2.61
$0.59
Q1 25
$1.48
$1.57
Q4 24
$4.27
$0.47
Q3 24
$1.56
$-0.58
Q2 24
$0.48
$1.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BG
BG
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$839.0M
$1.8B
Total DebtLower is stronger
$13.2B
$12.3B
Stockholders' EquityBook value
$17.4B
$9.0B
Total Assets
$47.6B
$29.3B
Debt / EquityLower = less leverage
0.76×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BG
BG
FLUT
FLUT
Q1 26
$839.0M
Q4 25
$2.0B
$1.8B
Q3 25
$3.2B
$1.7B
Q2 25
$7.1B
$1.7B
Q1 25
$3.9B
$1.5B
Q4 24
$3.8B
$1.5B
Q3 24
$3.0B
$1.5B
Q2 24
$1.3B
$1.5B
Total Debt
BG
BG
FLUT
FLUT
Q1 26
$13.2B
Q4 25
$10.2B
$12.3B
Q3 25
$11.1B
$12.1B
Q2 25
$7.7B
$10.0B
Q1 25
$5.4B
$6.8B
Q4 24
$5.4B
$6.7B
Q3 24
$5.4B
$6.9B
Q2 24
$4.1B
$6.8B
Stockholders' Equity
BG
BG
FLUT
FLUT
Q1 26
$17.4B
Q4 25
$15.9B
$9.0B
Q3 25
$15.8B
$9.2B
Q2 25
$10.9B
$10.2B
Q1 25
$10.6B
$9.9B
Q4 24
$9.9B
$9.3B
Q3 24
$10.1B
$10.2B
Q2 24
$10.0B
$9.9B
Total Assets
BG
BG
FLUT
FLUT
Q1 26
$47.6B
Q4 25
$44.5B
$29.3B
Q3 25
$46.3B
$29.3B
Q2 25
$31.2B
$29.9B
Q1 25
$26.7B
$24.8B
Q4 24
$24.9B
$24.5B
Q3 24
$25.3B
$25.5B
Q2 24
$24.4B
$24.3B
Debt / Equity
BG
BG
FLUT
FLUT
Q1 26
0.76×
Q4 25
0.64×
1.36×
Q3 25
0.71×
1.31×
Q2 25
0.71×
0.97×
Q1 25
0.51×
0.69×
Q4 24
0.54×
0.72×
Q3 24
0.54×
0.67×
Q2 24
0.41×
0.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BG
BG
FLUT
FLUT
Operating Cash FlowLast quarter
$428.0M
Free Cash FlowOCF − Capex
$392.0M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
1.5%
0.8%
Cash ConversionOCF / Net Profit
42.80×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BG
BG
FLUT
FLUT
Q1 26
Q4 25
$1.3B
$428.0M
Q3 25
$854.0M
$209.0M
Q2 25
$-1.1B
$359.0M
Q1 25
$-285.0M
$188.0M
Q4 24
$1.1B
$652.0M
Q3 24
$1.3B
$290.0M
Q2 24
$-1.5B
$323.0M
Free Cash Flow
BG
BG
FLUT
FLUT
Q1 26
Q4 25
$809.0M
$392.0M
Q3 25
$385.0M
$196.0M
Q2 25
$-1.5B
$322.0M
Q1 25
$-595.0M
$169.0M
Q4 24
$564.0M
$595.0M
Q3 24
$973.0M
$253.0M
Q2 24
$-1.8B
$295.0M
FCF Margin
BG
BG
FLUT
FLUT
Q1 26
Q4 25
16.6%
8.3%
Q3 25
8.8%
5.2%
Q2 25
-36.8%
7.7%
Q1 25
-16.2%
4.6%
Q4 24
14.1%
15.7%
Q3 24
25.1%
7.8%
Q2 24
-47.4%
8.2%
Capex Intensity
BG
BG
FLUT
FLUT
Q1 26
1.5%
Q4 25
11.0%
0.8%
Q3 25
10.7%
0.3%
Q2 25
10.1%
0.9%
Q1 25
8.5%
0.5%
Q4 24
12.2%
1.5%
Q3 24
9.1%
1.1%
Q2 24
8.0%
0.8%
Cash Conversion
BG
BG
FLUT
FLUT
Q1 26
Q4 25
14.18×
42.80×
Q3 25
5.14×
Q2 25
-3.03×
9.70×
Q1 25
-1.42×
0.56×
Q4 24
1.75×
4.18×
Q3 24
6.00×
Q2 24
-21.06×
1.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BG
BG

Segment breakdown not available.

FLUT
FLUT

Other$2.6B55%
Sports Book$1.5B32%
Igaming$586.0M12%
Service Other$59.0M1%

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