Business Segments · Cost of Revenue

International — Cost of Revenue

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 6, 2026

How to read this metric

A decrease relative to revenue suggests improved margins through better cost control or favorable regulatory environments.

Detailed definition

Direct costs associated with providing sports betting and gaming services, including betting duties, platform fees, and...

Peer comparison

Standard cost of goods sold equivalent for digital service providers; comparable to direct gaming costs at other online betting firms.

Metric ID: flut_segment_international_cost_of_revenue

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$237.75M$1.25B
CAGR+51.2%
Avg YoY Growth+87.0%
Median YoY Growth+29.6%

Frequently Asked Questions

What is Flutter Entertainment's international — cost of revenue?
Flutter Entertainment (FLUT) reported international — cost of revenue of $1.24B in Q1 2026.
How has Flutter Entertainment's international — cost of revenue changed year-over-year?
Flutter Entertainment's international — cost of revenue increased by 41.4% year-over-year, from $880.00M to $1.24B.
What is the long-term trend for Flutter Entertainment's international — cost of revenue?
Over 3 years (2022 to 2025), Flutter Entertainment's international — cost of revenue has grown at a 66.7% compound annual growth rate (CAGR), from $951.00M to $4.41B.
What does international — cost of revenue mean?
The direct costs incurred to generate revenue within the international segment.