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

Flutter Entertainment's Operating Expenses history runs 4 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

• Quarterly Operating Expenses rose 132.04% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.7 billion (up 75.09% YoY) and the FY2025 annual result came in at $5.9 billion, up 16.9% from the prior year.
• Operating Expenses was $1.5 billion for Q1 2026 at Flutter Entertainment, down from $3.5 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $3.6 billion in Q4 2023 and bottomed at $608.0 million in Q3 2023.
• A 4-year average of $1.4 billion and a median of $1.2 billion in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2024 — Operating Expenses tumbled 62.95% — and 2025, when it jumped 156.76%.
• Flutter Entertainment's Operating Expenses stood at $3.6 billion in 2023, then tumbled by 62.95% to $1.3 billion in 2024, then jumped by 156.76% to $3.5 billion in 2025, then sank by 56.63% to $1.5 billion in 2026.
• Business Quant data shows FLUT's Operating Expenses at $1.5 billion in Q1 2026, $3.5 billion in Q4 2025, and $977.0 million in Q3 2025.