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

Flutter Entertainment (FLUT) reported Operating Income of $79.0 million for Q1 2026, down 64.57% on a YoY basis from $223.0 million in Q1 2025, and down 69.38% quarter-over-quarter from $258.0 million in Q4 2025.

Flutter Entertainment (FLUT) Operating Income (2023 - 2026) Analysis & Trends

Flutter Entertainment has reported Operating Income for 4 years, with the latest figure at $79.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 64.57% year-over-year to $79.0 million; the trailing twelve-month figure through Mar 2026 stood at -$108.0 million (down 111.16% YoY), and the FY2025 full-year result was $36.0 million, down 95.86% from the prior year.
  • Operating Income for Q1 2026 stood at $79.0 million, down from $258.0 million in the prior quarter.
  • The five-year high for Operating Income was $389.0 million in Q2 2025, with the low at -$834.0 million in Q3 2025.
  • Historically, Operating Income has averaged $33.5 million across 4 years, with a median of $124.0 million in 2024.
  • Annual changes were most pronounced in 2024 — Operating Income jumped 926.67% — and 2025, when it plunged 959.79%.
  • Flutter Entertainment's Operating Income stood at -$619.0 million in 2023, then jumped by 145.07% to $279.0 million in 2024, then fell by 7.53% to $258.0 million in 2025, then plunged by 69.38% to $79.0 million in 2026.
  • The last three Operating Income figures came in at $79.0 million (Q1 2026), $258.0 million (Q4 2025), and -$834.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn 79.00 Mn
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn 5.85 Mn
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn 143.00 Mn
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn 42.78 Mn
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn 493.00 Mn
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn 27.08 Mn
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - -
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn -12.28 Mn
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn 9.20 Mn
10 High Roller Technologies 50.40 Mn 47.74 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 79.00 Mn
Dec 31, 2025 258.00 Mn
Sep 30, 2025 -834.00 Mn
Jun 30, 2025 389.00 Mn
Mar 31, 2025 223.00 Mn
Dec 31, 2024 279.00 Mn
Sep 30, 2024 97.00 Mn
Jun 30, 2024 369.00 Mn
Mar 31, 2024 124.00 Mn
Dec 31, 2023 -619.00 Mn
Sep 30, 2023 -137.00 Mn
Jun 30, 2023 222.00 Mn
Mar 31, 2023 -15.00 Mn