Flutter Entertainment (FLUT) EBITDA (2023 - 2026)
Flutter Entertainment (FLUT) posted EBITDA of $255 million for Q2 2026, down 66.4% from $758 million a year earlier and down 48.5% from the prior quarter.
Flutter Entertainment (FLUT) EBITDA (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Flutter Entertainment was $1.03 billion, down 52.8% year-over-year; for FY2025, it was $1.55 billion, down 21.0% from FY2024.
- Annual EBITDA shows a three-year compound annual growth rate of 16.3% (FY2022 to FY2025).
- In prior years, Flutter Entertainment's EBITDA was $1.97 billion in FY2024 (+167.1%), $736 million in FY2023 (-25.4%) and $987 million in FY2022.
- Quarterly EBITDA has run from a low of -$415 million in Q3 2025 to a high of $758 million in Q2 2025 over five years.
- On a year-over-year basis, EBITDA increased in four of the last six quarters, with growth averaging 15.8%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q3 2024, with growth of 98.3%; the weakest was Q2 2026, with a decline of 66.4%.
- According to Business Quant data, EBITDA for the three prior quarters was $495 million (Q1 2026), $693 million (Q4 2025) and -$415 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | 994.00 Mn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | -786.00 Mn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 243.96 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | 12.17 Mn |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | 356.11 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | 401.29 Mn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | 32.94 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 347.00 Mn |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | 204.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn | 823.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -786.00 Mn |
| Jun 30, 2026 | 255.00 Mn |
| Mar 31, 2026 | 495.00 Mn |
| Dec 31, 2025 | 693.00 Mn |
| Sep 30, 2025 | -415.00 Mn |
| Jun 30, 2025 | 758.00 Mn |
| Mar 31, 2025 | 517.00 Mn |
| Dec 31, 2024 | 549.00 Mn |
| Sep 30, 2024 | 355.00 Mn |
| Jun 30, 2024 | 641.00 Mn |
| Mar 31, 2024 | 421.00 Mn |
| Dec 31, 2023 | -251.00 Mn |
| Sep 30, 2023 | 179.00 Mn |
| Jun 30, 2023 | 526.00 Mn |
| Mar 31, 2023 | 282.00 Mn |
Flutter Entertainment EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=FLUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "FLUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();