Flutter Entertainment (FLUT) Net Margin (2023 - 2026)

Flutter Entertainment (FLUT) reported Net Margin of 5.07% for Q1 2026, down 266.0% on a YoY basis from 3.05% in Q1 2025, and up 3099.15% quarter-over-quarter from 0.17% in Q4 2025.

Flutter Entertainment (FLUT) Net Margin (2023 - 2026) Analysis & Trends

Flutter Entertainment has reported Net Margin for 4 years, with the latest figure at 5.07% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 266.0% year-over-year to 5.07%; the trailing twelve-month figure through Mar 2026 stood at 2.2% (down 585.0% YoY), and the FY2025 full-year result was 1.89%, down 220.0% from the prior year.
  • Net Margin for Q1 2026 stood at 5.07%, up from 0.17% in the prior quarter.
  • The five-year high for Net Margin was 7.72% in Q1 2025, with the low at 27.53% in Q4 2023.
  • Historically, Net Margin has averaged 3.24% across 4 years, with a median of 0.17% in 2025.
  • Annual changes were most pronounced in 2024 — Net Margin jumped 2966 bps — and 2025, when it tumbled 1502 bps.
  • Flutter Entertainment's Net Margin stood at 27.53% in 2023, then soared by 108 bps to 2.14% in 2024, then tumbled by 108 bps to 0.17% in 2025, then surged by 3099 bps to 5.07% in 2026.
  • The last three Net Margin figures came in at 5.07% (Q1 2026), 0.17% (Q4 2025), and 18.19% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Flutter Entertainment 19.50 Bn 18.41 Bn 1.84 Bn 5.07%
2 DraftKings 14.35 Bn 13.34 Bn 696.69 Mn 1.01%
3 Churchill Downs 6.09 Bn 5.94 Bn 475.00 Mn 12.52%
4 Rush Street Interactive 3.02 Bn 2.85 Bn 132.17 Mn 7.08%
5 Brightstar Lottery 2.21 Bn 1.97 Bn 553.00 Mn 10.73%
6 Accel Entertainment 1.09 Bn 823.10 Mn 109.94 Mn 4.16%
7 Codere Online Luxembourg 520.93 Mn 451.51 Mn - -
8 Bragg Gaming 252.59 Mn 244.84 Mn 18.22 Mn -46.79%
9 Inspired Entertainment 243.39 Mn 199.89 Mn 54.60 Mn -0.87%
10 High Roller Technologies 54.05 Mn 51.39 Mn - -

Historic Data

Download Data
DateValue
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%