Flutter Entertainment plc (FLUT)

Flutter Entertainment Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	16,383	14,048	11,790	9,463	8,308
Revenue Growth (YoY)	16.62%	19.15%	24.59%	13.90%	37.86%
Cost of Revenue	8,979	7,346	6,202	4,813	3,881
Gross Profit	7,404	6,702	5,588	4,650	4,427
Selling, General & Admin	5,798	5,007	4,647	4,175	4,242
Research & Development	991	820	765	552	634
Operating Expenses	6,789	5,827	5,412	4,727	4,876
Operating Income	615	875	176	-77	-449
Interest Expense	-588	-490	-430	-219	-222
Interest & Investment Income	73	71	45	7	7
Currency Exchange Gain (Loss)	88	15	43	-162	-86
Other Non Operating Income (Expenses)	311	-428	-158	235	72
EBT Excluding Unusual Items	499	43	-324	-216	-678
Merger & Restructuring Charges	-18	-6	-	-11	-
Impairment of Goodwill	-517	-	-	-	-
Gain (Loss) on Sale of Investments	-	-2	-2	6	-
Gain (Loss) on Sale of Assets	-11	-7	-5	-	16
Asset Writedown	-44	-	-725	-	-
Other Unusual Items	-30	-12	-35	-74	99
Pretax Income	-121	16	-1,091	-295	-563
Income Tax Expense	286	-146	120	75	194
Earnings From Continuing Operations	-407	162	-1,211	-370	-757
Minority Interest in Earnings	97	-119	-11	-62	-166
Net Income	-310	43	-1,222	-432	-923
Net Income to Common	-310	43	-1,222	-432	-923
Shares Outstanding (Basic)	177	178	177	177	176
Shares Outstanding (Diluted)	177	180	177	177	176
Shares Change (YoY)	-1.67%	1.70%	-	0.57%	32.48%
EPS (Basic)	-1.75	0.24	-6.90	-2.44	-5.24
EPS (Diluted)	-1.75	0.24	-6.90	-2.44	-5.24
Free Cash Flow	1,079	1,458	778	1,041	431
Free Cash Flow Per Share	6.10	8.10	4.39	5.88	2.45
Gross Margin	45.19%	47.71%	47.40%	49.14%	53.29%
Operating Margin	3.75%	6.23%	1.49%	-0.81%	-5.40%
Profit Margin	-1.89%	0.31%	-10.37%	-4.57%	-11.11%
Free Cash Flow Margin	6.59%	10.38%	6.60%	11.00%	5.19%
EBITDA	2,132	1,972	1,461	998	561
EBITDA Margin	13.01%	14.04%	12.39%	10.55%	6.75%
D&A For EBITDA	1,517	1,097	1,285	1,075	1,010
EBIT	615	875	176	-77	-449
EBIT Margin	3.75%	6.23%	1.49%	-0.81%	-5.40%
Advertising Expenses	2,053	1,966	1,703	1,626	1,558

Updated Feb 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q