Flutter Entertainment (FLUT) Net Margin (2023 - 2026)
Flutter Entertainment (FLUT) posted Net Margin of 5.07% for Q1 2026, up 3099.15% on a QoQ basis from 0.17% in Q4 2025, and down 266.0% year-over-year from 3.05% in Q1 2025.
Flutter Entertainment (FLUT) Net Margin (2023 - 2026) Analysis & Trends
Flutter Entertainment's Net Margin history runs 4 years deep, the most recent figure standing at 5.07% for Q1 2026.
- Quarterly Net Margin fell 266.0% year-over-year to 5.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.2% (down 585.0% YoY) and the FY2025 annual result came in at 1.89%, down 220.0% from the prior year.
- Net Margin was 5.07% for Q1 2026 at Flutter Entertainment, up from 0.17% in the prior quarter.
- Across five years, Net Margin topped out at 7.72% in Q1 2025 and bottomed at 27.53% in Q4 2023.
- A 4-year average of 3.24% and a median of 0.17% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin jumped 2966 bps — and 2025, when it slumped 1502 bps.
- Flutter Entertainment's Net Margin stood at 27.53% in 2023, then surged by 108 bps to 2.14% in 2024, then sank by 108 bps to 0.17% in 2025, then jumped by 3099 bps to 5.07% in 2026.
- Business Quant data shows FLUT's Net Margin at 5.07% in Q1 2026, 0.17% in Q4 2025, and 18.19% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 5.07% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 1.01% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | 14.22% |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 12.52% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 7.07% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 10.73% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 4.16% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | -0.87% |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -57.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.07% |
| Dec 31, 2025 | -0.17% |
| Sep 30, 2025 | -18.19% |
| Jun 30, 2025 | 2.51% |
| Mar 31, 2025 | 7.72% |
| Dec 31, 2024 | 2.14% |
| Sep 30, 2024 | -3.17% |
| Jun 30, 2024 | 7.23% |
| Mar 31, 2024 | -5.77% |
| Dec 31, 2023 | -27.53% |
| Sep 30, 2023 | -10.75% |
| Jun 30, 2023 | 2.23% |
| Mar 31, 2023 | -3.50% |