Flutter Entertainment (FLUT) Operating Expenses (2023 - 2026)

Flutter Entertainment has reported Operating Expenses for 4 years, with the latest figure at $792.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 22.6% year-over-year to $792.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.3 billion (up 24.07% YoY), and the FY2025 full-year result was $3.2 billion, up 20.74% from the prior year.
• Operating Expenses for Q1 2026 stood at $792.0 million, up from $769.0 million in the prior quarter.
• The five-year high for Operating Expenses was $977.0 million in Q3 2025, with the low at $510.0 million in Q1 2023.
• Historically, Operating Expenses has averaged $688.8 million across 4 years, with a median of $651.0 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses increased 6.44% — and 2025, when it jumped 50.08%.
• Flutter Entertainment's Operating Expenses stood at $622.0 million in 2023, then climbed by 15.27% to $717.0 million in 2024, then grew by 7.25% to $769.0 million in 2025, then grew by 2.99% to $792.0 million in 2026.
• The last three Operating Expenses figures came in at $792.0 million (Q1 2026), $769.0 million (Q4 2025), and $977.0 million (Q3 2025), per Business Quant data.