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| 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% |