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Flutter Entertainment (FLUT)

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Flutter Entertainment plc is a global sports betting and online gaming company with a portfolio of major consumer brands across regulated markets. The business traces its modern form to the 2016 merger of Paddy Power and Betfair, which combined a well-known retail and online bookmaker with a betting exchange and digital wagering platform. Since then, Flutter has expanded into one of the largest operators in global online gambling.

The company’s leading brands include FanDuel in the United States, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet in Australia, and Sisal in Italy. These brands give Flutter strong positions in several of the world’s most competitive betting markets, with products covering online sportsbook, iGaming, fantasy sports, racing, and related entertainment formats. As of December 31, 2025, Flutter offered products in more than 100 countries and had an average of 15.9 million monthly users.

Flutter’s revenue mix reflects the scale of its sportsbook and gaming operations. In 2025, sports betting accounted for 53% of revenue, online gaming contributed 44%, and fantasy sports, horse racing, and other activities made up the remaining 3%. The company also launched a predictive sports betting platform in late 2025, adding to its technology-led product development.

Flutter is distinctive for combining local betting brands with shared technology, risk management, data analytics, and product expertise. Its performance depends on customer acquisition, regulatory conditions, sports results, responsible gambling requirements, and the continued shift from retail betting to digital channels. For investors, FLUT represents a broad, international play on regulated online wagering and gaming.

103.00 USD
+1.62 (+1.62%)

Last updated

Market Cap
17.66B
P/E
P/FCF
23.45
P/S
1.04
Enterprise Value
28.11B
Sector
Information Technology
Industry
IT Services
Address
ONE MADISON AVENUE, NEW YORK, NY, 10010
Market Cap
17.66B
Enterprise Value
28.11B
P/E
P/B
1.95
P/S
1.04
EV / EBITDA
13.73
EV / Sales
1.65
EPS
-2.16
Dividend Yield
0.21%
P/FCF
23.45
P/CF
13.32
Free Cash Flow
753M
ROE
-4.14%
ROA
-1.32%
Debt / Equity
1.32
Current Ratio
0.5
Quick Ratio
0.5
Cash
0.3
Avg Volume
2.96M
Fundamentals Snapshot Price
101.83

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 4.3B 4.74B 3.79B 4.19B 3.67B
Gross profit 1.84B 2.11B 1.63B 1.96B 1.71B
Operating income 79M 258M -834M 389M 223M
EBITDA 495M 693M 102M 758M 517M
Net income 218M -8M -690M 105M 283M
Basic EPS 1.24 -0.03 -3.91 0.59 1.59
Diluted EPS 1.23 -0.03 -3.91 0.59 1.57

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 28.47B 29.28B 29.34B 29.87B 24.83B
Total liabilities 18.77B 19.58B 19.42B 17.23B 13.05B
Total equity 9.29B 9.27B 9.43B 10.41B 10.04B
Cash & equivalents 1.51B 1.83B 1.73B 1.69B 3.34B
Current assets 2.51B 2.79B 2.78B 4.32B 4.19B
Current liabilities 4.98B 5.04B 4.96B 4.63B 4.47B

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 330M 428M 209M 359M 188M
Investing cash flow -172M -346M -170M -2.87B -100M
Financing cash flow -458M -89M 255M 2.53B -271M
Change in cash -300M -7M 294M 27M -183M
Kind Filing Date Link
edgar index 8-K — Flutter Entertainment plc View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
form 4 Form 4 — DART KENNETH BRYAN View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
form 4 Form 4 — DART KENNETH BRYAN View Filing
edgar index 144 — Flutter Entertainment plc View Filing
form 4 Form 4 — BENNETT ROBERT R View Filing
form 4 Form 4 — KENNY DAVID W View Filing
form 4 Form 4 — BRYANT JOHN A View Filing
form 4 Form 4 — KOEPPEL HOLLY K View Filing
form 4 Form 4 — SUSMAN SALLY View Filing
form 4 Form 4 — McCarthy Christine M View Filing
form 4 Form 4 — Dubuc Nancy View Filing
form 4 Form 4 — Dubuc Nancy View Filing
form 4 Form 4 — Cruickshank Nancy View Filing
form 4 Form 4 — Lennon Carolan View Filing
form 4 Form 4 — Bomhard Stefan Andreas View Filing
edgar index 8-K — Flutter Entertainment plc View Filing
edgar index 8-K — Flutter Entertainment plc View Filing
eight k text 8-K — 8-K View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Taylor Daniel Mark View Filing
form 4 Form 4 — Taylor Daniel Mark View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 3 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 3 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 4 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
edgar index 144 — Flutter Entertainment plc View Filing
form 4 Form 4 — BENNETT ROBERT R View Filing
form 4 Form 4 — BRYANT JOHN A View Filing
form 4 Form 4 — KOEPPEL HOLLY K View Filing
form 4 Form 4 — Hurley Alfred F Jr View Filing
form 4 Form 4 — McCarthy Christine M View Filing
form 4 Form 4 — Dubuc Nancy View Filing
form 4 Form 4 — Dubuc Nancy View Filing
form 4 Form 4 — Cruickshank Nancy View Filing
form 4 Form 4 — Lennon Carolan View Filing
form 4 Form 4 — Bomhard Stefan Andreas View Filing
edgar index 4 — Flutter Entertainment plc View Filing
form 4 Form 4 — DART KENNETH BRYAN View Filing
edgar index 4 — Flutter Entertainment plc View Filing
form 4 Form 4 — DART KENNETH BRYAN View Filing
edgar index 4 — Flutter Entertainment plc View Filing
form 4 Form 4 — DART KENNETH BRYAN View Filing
edgar index 4 — Flutter Entertainment plc View Filing
form 4 Form 4 — DART KENNETH BRYAN View Filing
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