Flutter Entertainment (FLUT) Research & Development (2023 - 2026)

Flutter Entertainment's Research & Development history runs 4 years deep, the most recent figure standing at $966.0 million for Q1 2026.

• Quarterly Research & Development rose 349.3% year-over-year to $966.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.4 billion (up 121.01% YoY) and the FY2025 annual result came in at $3.7 billion, up 14.76% from the prior year.
• Research & Development was $966.0 million for Q1 2026 at Flutter Entertainment, down from $2.9 billion in the prior quarter.
• Across five years, Research & Development topped out at $3.2 billion in Q4 2023 and bottomed at $176.0 million in Q2 2023.
• A 4-year average of $908.0 million and a median of $746.0 million in 2024 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2025 — Research & Development plunged 75.6% — and 2026, when it jumped 349.3%.
• Flutter Entertainment's Research & Development stood at $3.2 billion in 2023, then sank by 74.21% to $830.0 million in 2024, then soared by 253.25% to $2.9 billion in 2025, then sank by 67.05% to $966.0 million in 2026.
• Business Quant data shows FLUT's Research & Development at $966.0 million in Q1 2026, $2.9 billion in Q4 2025, and $275.0 million in Q3 2025.