Flutter Entertainment (FLUT) Net Margin (2023 - 2026)
Flutter Entertainment's (FLUT) quarterly Net Margin came in at 6.33% in Q2 2026, down 884.0% on a YoY basis from 0.81% in Q2 2025, and down 225.05% quarter-over-quarter from 5.07% in Q1 2026.
Analysis
Flutter Entertainment (FLUT) Net Margin (2023 - 2026) Analysis & Trends
Flutter Entertainment (FLUT) has reported Net Margin for 4 consecutive years, with 6.33% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 884.0% year-over-year to 6.33%; the trailing twelve-month figure through Jun 2026 stood at 4.39% (down 685.0% YoY), and the FY2025 full-year result was 1.89%, down 220.0% from the prior year.
- Net Margin retreated to 6.33% in Q2 2026 per FLUT's latest filing, from 5.07% 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.
- Historically, Net Margin has averaged 3.47% across 4 years, with a median of 1.67% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 2966 bps in 2024, then plunged 1502 bps in 2025.
- Over 4 years, 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 slumped by 3650 bps to 6.33% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 6.33%, 5.07%, and 0.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.30 Bn | 15.74 Bn | 1.71 Bn | -6.33% |
| 2 | DraftKings | 11.78 Bn | 10.79 Bn | 551.45 Mn | -4.85% |
| 3 | Super Group (SGHC) | 6.89 Bn | 6.34 Bn | - | 17.54% |
| 4 | Rush Street Interactive | 2.91 Bn | 2.57 Bn | 139.66 Mn | 7.43% |
| 5 | Codere Online Luxembourg | 423.10 Mn | 353.68 Mn | - | - |
| 6 | Meridian Holdings | 173.58 Mn | 156.26 Mn | 26.85 Mn | 4.31% |
| 7 | High Roller Technologies | 53.26 Mn | 50.60 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | -3,177.45% |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.33% |
| 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% |