Flutter Entertainment International — Cost of Revenue decreased by 0.8% to $1.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.4%, from $880.00M to $1.24B. Over 3 years (FY 2022 to FY 2025), International — Cost of Revenue shows an upward trend with a 66.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease relative to revenue suggests improved margins through better cost control or favorable regulatory environments.
Direct costs associated with providing sports betting and gaming services, including betting duties, platform fees, and...
Standard cost of goods sold equivalent for digital service providers; comparable to direct gaming costs at other online betting firms.
flut_segment_international_cost_of_revenue| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $237.75M | $237.75M | $237.75M | $237.75M | $804.50M | $804.50M | $804.50M | $804.50M | $862.00M | $894.00M | $901.00M | $914.00M | $880.00M | $1.10B | $1.17B | $1.25B | $1.24B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +238.4% | +0.0% | +0.0% | +0.0% | +7.1% | +3.7% | +0.8% | +1.4% | -3.7% | +25.5% | +5.8% | +7.4% | -0.8% |
| YoY Change | — | — | — | — | +238.4% | +238.4% | +238.4% | +238.4% | +7.1% | +11.1% | +12.0% | +13.6% | +2.1% | +23.5% | +29.6% | +37.2% | +41.4% |