Flutter Entertainment FLUT
NYSE FLUT
$99.26 -1.44 (-1.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

Flutter Entertainment (FLUT) Cost of Revenue (2023 - 2026)

Flutter Entertainment's (FLUT) quarterly Cost of Revenue came in at $2.6 billion in Q2 2026, up 17.28% on a YoY basis from $2.2 billion in Q2 2025, and up 5.92% quarter-over-quarter from $2.5 billion in Q1 2026.

Analysis

Flutter Entertainment (FLUT) Cost of Revenue (2023 - 2026) Analysis & Trends

Flutter Entertainment (FLUT) has reported Cost of Revenue for 4 consecutive years, with $2.6 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 17.28% year-over-year to $2.6 billion; the trailing twelve-month figure through Jun 2026 stood at $9.9 billion (up 24.97% YoY), and the FY2025 full-year result was $9.0 billion, up 22.23% from the prior year.
  • Cost of Revenue grew to $2.6 billion in Q2 2026 per FLUT's latest filing, from $2.5 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.6 billion in Q4 2025 and bottomed at $1.4 billion in Q3 2023.
  • Historically, Cost of Revenue has averaged $2.0 billion across 4 years, with a median of $1.9 billion in 2024.
  • The widest YoY moves for Cost of Revenue: up 33.62% in 2025, down 9.09% in 2025.
  • Over 4 years, Cost of Revenue stood at $1.8 billion in 2023, then grew by 10.2% to $2.0 billion in 2024, then jumped by 33.62% to $2.6 billion in 2025, then fell by 0.53% to $2.6 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $2.6 billion, $2.5 billion, and $2.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Flutter Entertainment 17.32 Bn 15.76 Bn 1.71 Bn 2.61 Bn
2 DraftKings 11.73 Bn 10.74 Bn 551.45 Mn 891.78 Mn
3 Super Group (SGHC) 7.05 Bn 6.50 Bn - -
4 Rush Street Interactive 2.98 Bn 2.64 Bn 139.66 Mn 254.12 Mn
5 Codere Online Luxembourg 418.56 Mn 349.13 Mn - -
6 Meridian Holdings 168.45 Mn 151.13 Mn 26.85 Mn 23.34 Mn
7 High Roller Technologies 54.19 Mn 51.53 Mn - -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00 415,000.00
9 Apple iSports 16.64 Mn 16.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.61 Bn
Mar 31, 2026 2.47 Bn
Dec 31, 2025 2.63 Bn
Sep 30, 2025 2.17 Bn
Jun 30, 2025 2.23 Bn
Mar 31, 2025 1.96 Bn
Dec 31, 2024 1.97 Bn
Sep 30, 2024 1.75 Bn
Jun 30, 2024 1.84 Bn
Mar 31, 2024 1.79 Bn
Dec 31, 2023 1.78 Bn
Sep 30, 2023 1.39 Bn
Jun 30, 2023 1.49 Bn
Mar 31, 2023 1.54 Bn