LSE$FLUT

Flutter Entertainment · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Flutter Entertainment reported Q2 2026 results with revenue of $4.3 billion and a net loss of $296 million.

Flutter Entertainment plc reported total revenue of $4.3 billion for the three months ended June 30, 2026, a 3% increase year-over-year. The company recorded an operating loss of $144 million and a net loss of $296 million, with Adjusted EBITDA of $508 million. US segment revenue declined 6% while International segment revenue grew 10%, supported by acquisitions.

  • Group revenue reached $4.3 billion with International contributing $2.6 billion and US $1.7 billion.
  • Adjusted EBITDA was $508 million, down from $919 million in Q2 2025, with margin at 11.7%.
  • Average monthly players totaled 14.3 million, down 11% year-over-year due to India operations cessation.
  • Net loss of $296 million reflected higher cost of sales, marketing spend during FIFA World Cup, and legal provisions.

Headline financials

Total Revenue

$4.33B

No prior period
EPS (adj)

-$1.57

No prior period
Adjusted EBITDA

$508M

No prior period
Average Monthly Players

14.3M

No prior period
Net Income

-$296M

No prior period
Operating Income

-$144M

No prior period
Cash & Equivalents

$1.56B

No prior period

Revenue & EPS history

Flutter · Revenue · Quarterly

$4.33B

Q2 2026
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Revenue by segment

Flutter · $4.33B total across 2 segments · Q2 2026

  • International
    $2.64B
  • United States
    $1.68B

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports

Historical avg

-14.0%

Avg return

Earnings day

-13.0%

Avg return

5 days after

-11.6%

Avg return

30 days after

0%

0 / 2 earnings

Positive

-13.8%

Q4 2025

Best reaction

-14.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2025-13.8%-8.5%-18.4%
Q3 2025-14.3%-17.6%-4.9%

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