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

Flutter Entertainment has reported Research & Development for 4 years, with the latest figure at $259.0 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 20.47% year-over-year to $259.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (up 22.49% YoY), and the FY2025 full-year result was $991.0 million, up 20.85% from the prior year.
• Research & Development for Q1 2026 stood at $259.0 million, up from $245.0 million in the prior quarter.
• The five-year high for Research & Development was $275.0 million in Q3 2025, with the low at $168.0 million in Q1 2023.
• Historically, Research & Development has averaged $218.1 million across 4 years, with a median of $214.0 million in 2023.
• Annual changes were most pronounced in 2024 — Research & Development retreated 2.9% — and 2025, when it grew 29.11%.
• Flutter Entertainment's Research & Development stood at $207.0 million in 2023, then dropped by 2.9% to $201.0 million in 2024, then grew by 21.89% to $245.0 million in 2025, then increased by 5.71% to $259.0 million in 2026.
• The last three Research & Development figures came in at $259.0 million (Q1 2026), $245.0 million (Q4 2025), and $275.0 million (Q3 2025), per Business Quant data.