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Stocks / United States / FLUT · Services-Computer Programming, Data Processing, Etc. · NYSE

Flutter Entertainment plc (FLUT)

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Flutter Entertainment plc (FLUT) reported revenue of $4.3 billion for Q2 FY2026, the quarter ended 30 June 2026, up 3.3% on the same quarter a year earlier. Net income was -$274 million, and diluted earnings per share $-1.57. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$4.3 billionup 3.3%
Net income-$274 million
Diluted EPS$-1.57
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE-8.6%
ROCE-3.1%
Operating margin-3.7%
Net margin-4.4%
FCF margin7.2%
Interest cover-0.94
Debt to equity1.37
Cash conversionn/a
Share count, 1 year-1.5%
Sales CAGR, 3 years20.1%
Profit CAGR, 3 yearsn/a
EPS, TTM-$4.25

At the close of 25 September 2026

Price$83.23
Market cap$14.4 billion
Stock P/En/a
Price to book1.65
EV / EBITDA24.18
Dividend yieldn/a
Market cap / sales0.84
52-week high$283.26
52-week low$81.89
Price, 1 year-70.2%
Price CAGR, 3 years-20.8%
Price CAGR, 5 years-17.1%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, SimFin, daily share prices, by SimFin, for splits. Debt to equity here stands on long-term debt as Flutter Entertainment plc files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 20 September 2021 to 25 September 2026

Daily closes from SimFin, daily share prices, by SimFin, for splits; the last is 25 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on FLUT

Filings50 in twelve months: 42 current reports (8-K), about 37 regulation fd disclosure; 7 officer or director change; 4 results of operations; 1 other events; 1 charter or bylaw amendment, or fiscal year change
Planned insider sales21 Form 144 notices in twelve months, $3.2 million; latest 1 September 2026
Options tapeput/call 2.2 by open interest on 26 September 2026; the straddle prices a 11.3% move to 16 October 2026
Holders10 of the followed funds hold it; largest Capital Research Global Investors; 12 Schedule 13D or 13G filings in twelve months
Insider trading16 sales and 5 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest13.8 million shares short, 5.85 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue2,5583,3133,3973,6113,2483,7923,6654,1873,7944,7374,3044,326
Cost of revenue1,3861,7841,7931,8351,7521,9661,9562,2282,1682,6272,4672,613
Gross profit1,1721,5291,6041,7761,4961,8261,7091,9591,6262,1101,8371,713
Gross margin46%46%47%49%46%48%47%47%43%45%43%40%
R&D214207190216213201215256275245259300
Operating income-137-61912436997.0279223389-83425879.0-144
Operating margin-5%-19%4%10%3%7%6%9%-22%5%2%-3%
Interest expense101n/a126122123109103128167178164171
Pre-tax income-273-816-162350-130-42.0354205-834154234-299
Tax raten/an/an/a15%n/an/a5%82%n/a94%11%n/a
Net income-275-912-177261-10381.0283105-690-8.0218-274
Net margin-11%-28%-5%7%-3%2%8%3%-18%-0%5%-6%
Diluted EPS-$1.55-$5.13-$1.10$1.45-$0.58$0.47$1.57$0.59-$3.91$0.00$1.23-$1.57
Operating cash flow554391337323290652188359209428330363
Capital expenditure21.089.022.028.037.057.019.037.013.036.025.014.0
Free cash flow533302315295253595169322196392305349
Buybacks46.0n/a0.00.00.0219244339261279135129
Shares outstanding178m177m178m178m178m177m177m176m175m175m174m174m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 4 fiscal years and the trailing twelve months

FY2022FY2023FY2024FY2025TTM
Revenue9,46311,79014,04816,38317,161
Cost of revenue4,8136,2027,3468,9799,875
Gross profit4,6505,5886,7027,4047,286
Gross margin49.1%47.4%47.7%45.2%42.5%
Research and development5527658209911,079
Operating income-88.0-54986936.0-641
Operating margin-0.9%-4.7%6.2%0.2%-3.7%
Interest expense216424480576680
Pre-tax income-295-1,09116.0-121-745
Income tax75.0120-146286121
Effective tax raten/an/a-912.5%n/an/a
Net income-432-1,22243.0-310-754
Net margin-4.6%-10.4%0.3%-1.9%-4.4%
Diluted EPS-$2.44-$6.89$0.24-$1.75-$4.25
Filing10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

FY2022FY2023FY2024FY2025TTM
Operating cash flow1,1639371,6021,1841,330
Capital expenditure12215914410588.0
Free cash flow1,0417781,4581,0791,242
Free cash flow margin11.0%6.6%10.4%6.6%7.2%
Depreciation and amortisation1,0751,2851,0971,5171,669
Share-based compensation132180196246241
Buybacks3.02122191,123804
Diluted shares, weighted177m177m180m177m175m
Shares outstanding at period endn/an/an/an/a174m
Filing10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2022FY2023FY2024FY2025TTM
Total assetsn/a24,63524,50829,28028,210
Cash and equivalents9661,4971,5311,8281,563
Receivablesn/a90.098.0190130
Goodwill13,24413,74513,35215,82515,622
Long-term debtn/a7,0566,73612,26611,978
Borrowings, as the company tags themn/a7,1106,78812,35912,060
Operating lease liabilitiesn/a354428476428
Shareholders' equity11,19110,0449,2939,0388,750
Filing10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a20.1%15.2%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-4.7%-5.0%-3.4%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202526 February 2026EDGAR
10-Q30 September 202512 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 20244 March 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 202413 August 2024EDGAR
10-Q31 March 202414 May 2024EDGAR

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