Flutter Entertainment (FLUT) Intangibles (2017 - 2026)
Flutter Entertainment (FLUT) reported Intangibles of $6.48 billion for Q2 2026, down 14.1% from $7.55 billion a year earlier and down 3.5% from the prior quarter.
Flutter Entertainment (FLUT) Intangibles (2017 - 2026) Analysis & Trends
At the end of FY2025, Flutter Entertainment posted Intangibles of $7.02 billion, up 30.9% from FY2024.
- By year, Intangibles came in at $5.36 billion in FY2024 (-8.8%) and $5.88 billion in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q1 2025.
- Year over year, Intangibles gained in four of the last seven quarters, with growth averaging 11.8%.
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.71 billion (Q1 2026), $7.02 billion (Q4 2025) and $7.24 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | - |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 6.48 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 103.64 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 837.44 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 180.73 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 208.23 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 1.26 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 725.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 3.96 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 2.51 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.48 Bn |
| Mar 31, 2026 | 6.71 Bn |
| Dec 31, 2025 | 7.02 Bn |
| Sep 30, 2025 | 7.24 Bn |
| Jun 30, 2025 | 7.55 Bn |
| Mar 31, 2025 | 5.46 Bn |
| Dec 31, 2024 | 5.36 Bn |
| Sep 30, 2024 | 5.82 Bn |
| Jun 30, 2024 | 5.66 Bn |
| Mar 31, 2024 | 5.79 Bn |
| Dec 31, 2023 | 5.88 Bn |
| Dec 31, 2019 | 4.55 Bn |
| Dec 31, 2018 | 4.74 Bn |
| Dec 31, 2017 | 1.67 Bn |
Flutter Entertainment Intangibles 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=intangibles&ticker=FLUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();