What is Flutter Entertainment's market cap?

Flutter Entertainment (FLUT) has a market capitalization of $19.2B and trades on NYSE.

What is Flutter Entertainment's revenue and profitability?

Flutter Entertainment generated $17.0B in trailing twelve-month revenue with a net loss of $543.0M, representing a net margin of -3.2%. Gross margin stands at 44.2%, with free cash flow of $1.2B. These figures are based on the Q1 2026 filing.

Who are Flutter Entertainment's competitors?

Flutter Entertainment's key competitors include DraftKings, Inspired Entertainment, Inc., Rush Street Interactive, Inc., and others. These companies compete in similar markets and product categories.

Who does Flutter Entertainment partner with?

Flutter Entertainment's notable partners include CME Group, Amazon Prime Video, Netflix, and others.

What subsidiaries does Flutter Entertainment have?

Flutter Entertainment's subsidiaries include FanDuel, PokerStars, Sisal, and others.

Where is Flutter Entertainment headquartered?

Flutter Entertainment is headquartered in Ireland and employs approximately 23,009 people. It has been publicly traded since 2024.

Flutter Entertainment

FLUT

Flutter Entertainment is the world's leading online sports betting and iGaming operator, providing a diverse portfolio of recreational brands across global markets.

Market cap

$19.22B-62.3%

Revenue$17.0B+18.9%

Net income-$543.0M-181%

Free cash flow$1.2B-7.4%

EPS (diluted)-$2.12-173%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 6, 2026

Revenue$4.3BBeat by $68.3M EPS$1.22Beat by $0.13

Read the full report

Next report

Aug 6, 2026 (In 3 weeks)

Revenue estimate$4.3B

EPS estimate$0.62

Financials

Q1 2026

Income statement

See full

Revenue$4.3B+17.4%

Gross profit$1.8B+7.5%

Operating income$79.0M-64.6%

Net income$209.0M-37.6%

EPS (diluted)$1.23-21.7%

Balance sheet

See full

Cash & equivalents$1.5B-1.6%

Total debt$12.7B+69.8%

Total equity$9.1B-8.1%

Total assets$28.5B+14.7%

Cash flow

See full

Operating cash flow$330.0M+75.5%

CapEx$25.0M+31.6%

Free cash flow$305.0M+80.5%

Valuation & ratios

Valuation

See full

Market cap$19.22B-62.3%

Enterprise value$30.41B-48.4%

P/S1.1×-2.2×

Profitability

See full

Gross margin44.2%-3.3pp

Operating margin-0.6%-7.4pp

Net margin-3.2%-7.9pp

FCF margin7.1%-2.0pp

Returns & leverage

See full

Return on equity-5.7%-12.7pp

Debt / equity1.4×+0.6×

Current ratio0.9×0.0×

Segments

By geography

See full

Southern Europe and Africa$940.0M+110%

UKI$900.0M+2.0%

Asia Pacific$305.0M-2.6%

Other regions$162.0M-21.7%

Central and Eastern Europe$160.0M+14.3%

By product

See full

Sportsbook$2.2B+10.3%

iGaming$2.0B+28.1%

Other$133.0M+3.1%

By segment

See full

International$2.5B+27.1%

U.S.$1.7B+3.7%

Competitors

By market cap

Flutter Entertainment$19.2B-61.5%

DraftKings Inc.$13.0B-35.2%

Boyd Gaming$6.5B-1.3%

Caesars Entertainment, Inc.$6.1B-0.9%

Churchill Downs$6.0B-19.7%

Rush Street Interactive$3.4B+130%

PENN Entertainment, Inc.$2.8B+0.1%

Inspired Entertainment$189.1M-16.5%

By revenue growth

Rush Street Interactive+28.2%

DraftKings Inc.+25.8%

Flutter Entertainment+18.9%

PENN Entertainment, Inc.+6.4%

Churchill Downs+5.7%

Boyd Gaming+3.5%

Caesars Entertainment, Inc.+2.4%

Inspired Entertainment+1.9%

By net margin

Boyd Gaming44.84%+30.9pp

Churchill Downs13.21%-2.0pp

Rush Street Interactive2.98%+2.1pp

DraftKings Inc.0.932%+8.9pp

Flutter Entertainment-3.19%-7.9pp

Caesars Entertainment, Inc.-4.19%-2.0pp

Inspired Entertainment-5.78%-29.8pp

PENN Entertainment, Inc.-13.54%-12.3pp

Profile

Flutter Entertainment is the world's leading online sports betting and iGaming operator, providing a diverse portfolio of recreational brands across global markets. The company leverages its proprietary technology platform, known as the Flutter Edge, to deliver sportsbook, casino, poker, and lottery products through both digital and retail channels. Its core value proposition centers on scale, data-driven marketing, and a multi-brand strategy to capture growth in regulated gambling markets.

Competitive position

Flutter is the global market leader by revenue and active players, maintaining dominant positions in the U.S. via FanDuel and in several European and Australian markets.

GeographiesUnited States, United Kingdom, Ireland, Italy, Australia, Brazil, Georgia, Serbia

Customer segmentsMass Market Consumers, Sports Fans, Professional Bettors

Business modelB2C Marketplace, B2B Service Provider, Commission-based, Omni-channel Retail

SuppliersSports data providers, Third-party casino game developers, Payment processors, Cloud infrastructure providers, Regulatory bodies and licensing authorities

CustomersIndividual recreational bettors, Professional gamblers, B2B sportsbook operators using risk management services

CountryIreland

Listed2024

Employees23.0K

CEOJeremy Peter Jackson

SectorConsumer Cyclical

IndustryGambling, Resorts & Casinos

Websiteflutter.com

FilingsSEC EDGAR

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Questions, answered.

What is Flutter Entertainment's market cap?: Flutter Entertainment (FLUT) has a market capitalization of $19.2B and trades on NYSE.
What is Flutter Entertainment's revenue and profitability?: Flutter Entertainment generated $17.0B in trailing twelve-month revenue with a net loss of $543.0M, representing a net margin of -3.2%. Gross margin stands at 44.2%, with free cash flow of $1.2B. These figures are based on the Q1 2026 filing.
Who are Flutter Entertainment's competitors?: Flutter Entertainment's key competitors include DraftKings, Inspired Entertainment, Inc., Rush Street Interactive, Inc., and others. These companies compete in similar markets and product categories.
Who does Flutter Entertainment partner with?: Flutter Entertainment's notable partners include CME Group, Amazon Prime Video, Netflix, and others.
What subsidiaries does Flutter Entertainment have?: Flutter Entertainment's subsidiaries include FanDuel, PokerStars, Sisal, and others.
Where is Flutter Entertainment headquartered?: Flutter Entertainment is headquartered in Ireland and employs approximately 23,009 people. It has been publicly traded since 2024.