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

Flutter Entertainment (FLUT) has reported Research & Development for 4 consecutive years, with $1.0 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 28.26% year-over-year to $1.0 billion; the trailing twelve-month figure through Jun 2026 stood at $4.0 billion (up 25.57% YoY), and the FY2025 full-year result was $3.7 billion, up 14.76% from the prior year.
• Research & Development improved to $1.0 billion in Q2 2026 per FLUT's latest filing, from $966.0 million in the prior quarter.
• Across five years, Research & Development topped out at $1.5 billion in Q4 2023 and bottomed at $667.0 million in Q2 2023.
• Historically, Research & Development has averaged $902.6 million across 4 years, with a median of $860.5 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Research & Development sank 45.61% in 2024, then jumped 30.48% in 2025.
• Over 4 years, Research & Development stood at $1.5 billion in 2023, then tumbled by 45.61% to $830.0 million in 2024, then jumped by 30.48% to $1.1 billion in 2025, then retreated by 6.56% to $1.0 billion in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $1.0 billion, $966.0 million, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.