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Flutter Entertainment Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Flutter Entertainment holds $28.5B in total assets. Shareholders' equity is $9.1B against $12.7B in total debt. Cash and equivalents total $1.5B. The current ratio is 0.904 and debt-to-equity is 1.40. Based on the Q1 2026 filing.

Total Assets$28.5BTotal Stockholders Equity$9.1BLong Term Debt$11.9BCash And Equivalents$1.5BTotal Current Assets$4.5BTotal Current Liabilities$5.0B
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$16.8B
ROE-5.74%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$266M$359M$350M$402M$386M$427M
Accrued compensation$455M$333M$357M$417M$444M$378M
Accrued expenses$78M$81M$72M$77M$72M$73M
Accrued Progress Collections and Price Adjustments—$1M$1M$1M—$1M
Other Commercial Liabilities$980M$920M$1B$1B$1B$1B
Contract liabilities—$1M$1M$1M—$1M
Accrued Liabilities, Current$980M$920M$1B$1B$1B$1B
Derivative Liability, Current$10M$41M$73M$106M$54M$65M
Other accrued liabilities$2.2B$2.1B$2.4B$2.4B$2.6B$2.4B
Player deposit liability$1.9B$1.8B$1.7B$1.8B$1.9B$1.9B
Current portion of long-term debt$53M$68M$70M$146M$109M$171M
Deferred revenue$120M$97M$63M$126M$96M$79M
Derivative Liabilities - Fair Value$10M$41M$73M$106M$54M$65M
Income taxes payable$29M$9M$9M$9M$120M$81M
Note payable to DIRECTV$2.2B$2.1B$2.4B$2.4B$2.6B$2.4B
Operating lease liabilities, current$119M$121M$122M$127M$130M$153M
Sales taxes payable$61M$58M$49M$41M$55M$57M
Total current liabilities$4.6B$4.5B$4.6B$5B$5B$5B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$98M$109M$161M$158M$190M$155M
Cash and cash equivalents$1.5B$1.5B$1.7B$1.7B$1.8B$1.5B
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)$3.5B$3.4B$3.5B$3.7B$3.8B$3.5B
Available For Sale Securities Debt Securities Current$130M$127M$30M$26M$23M$23M
Derivatives$41M$42M$53M$70M$29M$58M
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)$126M$119M$137M$155M$211M$227M
Player deposits – cash and cash equivalents$1.9B$1.8B$1.7B$1.9B$1.9B$1.9B
Player deposits – investments$130M$127M$30M$26M$23M$23M
Short-term restricted investments—$1.8B$1.7B$1.9B—$1.9B
Derivative Assets, Current$41M$42M$53M$70M$29M$58M
Derivative assets$133M$83M$61M$110M$43M$104M
Income taxes receivable$119M$102M$135M$240M$159M$142M
Other Receivables$126M$119M$137M$155M$211M$227M
Prepaid expenses and other current assets$607M$612M$665M$864M$751M$817M
Restricted cash$48M$54M$79M$68M$72M$73M
Short-term investments$130M$127M$30M$26M$23M$23M
Total current assets$4.3B$4.2B$4.4B$4.8B$4.8B$4.5B
Trading Securities in Marketable Securities$6M$7M$7M$7M$7M$6M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.6B$1.7B$1.8B$1.9B$2B$2B
Accumulated other comprehensive income (loss)-$1.9B-$1.6B-$880M-$1.1B-$1.1B-$1.3B
Common stock36M3B3B3B300M300M
Common Stock Par Value Per Share0.10.10.10.10.10.1
Common Stock Shares Issued177.9M177.2M176.4M175.9M175.2M174.4M
Additional paid-in capital$1.6B$1.7B$1.8B$1.9B$2B$2B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$36M$36M$36M$36M$36M$36M
Noncontrolling interests$166M$173M$191M$190M$236M$228M
Redeemable noncontrolling interests$1.8B$1.7B$2.2B$485M$424M$417M
Retained earnings$9.6B$9.7B$9.2B$8.3B$8.1B$8.2B
Total liabilities and stockholders' equity$24.5B$24.8B$29.9B$29.3B$29.3B$28.5B
Total stockholders' equity$9.3B$9.9B$10.2B$9.2B$9B$9.1B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Carrying Amount of Hedged Term Debt$0—$1B$1B$1.6B$1.7B
Contract Liabilities, Non-Current—$1M$1M$1M—$1M
Debt Maturity - 2024—$29M$23M$13M—$39M
Debt Maturity - 2027—$2B$2.1B$2.4B—$1.2B
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$52M$49M$86M$98M$93M$87M
Hedged Liability - Fair Value Hedge$0—$2M$3M$3M-$1M
Long-term debt$6.7B$6.8B$10B$12.1B$12.2B$11.9B
Deferred revenue, net of current portion—$1M$1M$1M—$1M
Operating lease liabilities, non-current$428M$446M$486M$458M$476M$442M
Operating Lease Liabilities (Total)$547M———$606M—
Other non-current liabilities$935M$786M$1.1B$933M$801M$511M
Total Carrying Value of Debt$6.8B$6.9B$10B$12.2B$12.4B$12.1B
Total liabilities$843M$685M$962M$801M$646M$357M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$605M$595M$1.1B$1.1B$1.1B$1B
Deferred Tax Assets and Other Non-Current Assets$175M$131M$95M$135M$144M$175M
Equity method investments$6M$7M$7M$7M$7M$6M
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments$6M$7M$7M$7M$7M$6M
Goodwill$13.4B$13.7B$16.5B$15.8B$15.8B$15.6B
Intangible assets, net$5.4B$5.5B$7.5B$7.2B$7B$6.7B
Investments - Amortized Cost Basis$6M$7M$7M$7M$7M$6M
Net Investment in Lease$507M$523M$562M$529M$550M$538M
Deferred tax assets$267M$241M$182M$226M$309M$295M
Other intangible assets—net$5.4B$5.5B$7.5B$7.2B$7B$6.7B
Investments$6M$7M$7M$7M$7M$6M
Operating lease right-of-use assets$507M$523M$562M$529M$550M$538M
Other non-current assets$175M$131M$95M$135M$144M$175M
Operating lease right-of-use assets$507M$523M$562M$529M$550M$538M
Operating Lease Right-of-Use Assets in Other Assets$507M$523M$562M$529M$550M$538M
Other non-current assets$175M$131M$95M$135M$144M$175M
Property and equipment, net$493M$490M$602M$615M$630M$597M
Software and Technology Licenses, Net$175M$131M$95M$135M$144M$175M
Total assets$24.5B$24.8B$29.9B$29.3B$29.3B$28.5B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Fair Value Measurement Disclosure$6M$7M$7M$7M$7M$6M
Number of Countries of Operation—10000.0%10000.0%10000.0%—10000.0%
Gross Assets/Liabilities$15M$55M$212M$191M$86M$97M
Betting Duty Data Rights and Product and Race Field Fees Current$430M$517M$708M$604M$670M$576M
Cash and cash equivalents, end of period$3.5B$3.4B$3.5B$3.7B$3.8B$3.5B
Other Commitment—$1.1B$1.5B$1.9B—$876M
Common stock, par value (in dollars per share)$0.1$0.1$0.1$0.1$0.1$0.1
Common stock, shares authorized (in shares)$3B$3B$3B$3B$300M$300M
Common stock, shares issued (in shares)$177.9M$177.2M$176.4M$175.9M$175.2M$174.4M
Other Contractual Commitments - Due in Remainder of 2025—$1.1B$1B$686M—$1.5B
Long-term debt, gross$6.8B$6.9B$10B$12.2B$12.4B$12.1B
Deferred income taxes$605M$595M$1.1B$1.1B$1.1B$1B
Derivative Liability$15M$55M$212M$191M$86M$97M
Trading securities, cost$6M$7M$7M$7M$7M$6M
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value$6M$7M$7M$7M$7M$6M
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset (Liabilities), Value-$822M-$623M-$743M-$603M-$553M-$254M
Tax receivable within other current assets$119M$102M$135M$240M$159M$142M
Value-added tax and goods and services tax$54M$52M$48M$56M$53M$77M
2028—$39M$47M$52M—$2.3B
2029—$2B$2.1B$2.4B—$1.2B
2030—$1.1B$1.2B$1.2B—$3.7B
2027—$39M$47M$52M—$52M
Remainder of 2026—$29M$23M$13M—$39M
Thereafter——$6.7B$8.4B—$4.7B
Loss contingency, number us customers filed and consolidated into single case—————3.00
Noncontrolling interests in subsidiaries$166M$173M$191M$190M$236M$228M
Number of countries in which Visa operates (more than)—$100$100$100—$100
Number of indefinite-lived bank guarantees—20.0018.0025.00—18.00
Other Commitment—$4.5B$5.5B$6.5B—$5.5B
Thereafter—$456M$493M$598M—$508M
Other contractual commitments, Due in 2026 (remainder)—$1.1B$1B$686M—$1.5B
Other liabilities$810M$630M$750M$610M$560M$260M
Prepayments and accrued income$267M$297M$292M$343M$299M$313M
 Redeemable non-controlling interests at fair value$1.6B$1.4B$2B$394M$309M$304M
Redeemable noncontrolling interests in subsidiaries$1.8B$1.7B$2.2B$485M$424M$417M
Redeemable noncontrolling interest, exit revenue multiple———1.80—1.40
Redeemable noncontrolling interest, revenue multiple———1.80—1.40
Liability-classified share-based awards$31M$32M$8M$18M$19M$10M
Sports Betting Open Position Current$120M$96M$62M$125M$95M$79M
Unamortized Debt Issuance Expense$52M$49M$86M$98M$93M$87M
Purchase Obligation—$4.5B$5.5B$6.5B—$5.5B
Remainder of Fiscal Year 2024—$29M$23M$13M—$39M