Business Segments · Research and Development Expense

International — Research and Development Expense

Flutter Entertainment International — Research and Development Expense increased by 21.2% to $120.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.3%, from $95.00M to $120.00M. Over 3 years (FY 2022 to FY 2025), International — Research and Development Expense shows an upward trend with a 34.6% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 6, 2026
Rolls up toR&D

How to read this metric

An increase signals a commitment to long-term product innovation, while a decrease may indicate cost-cutting or a shift in strategy.

Detailed definition

Expenditures related to the development of new gaming products, software platforms, and technological infrastructure for...

Peer comparison

Standard R&D expense for tech-enabled gaming companies; comparable to product development spend at major digital betting platforms.

Metric ID: flut_segment_international_research_and_development_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$42.00M$42.00M$42.00M$42.00M$98.25M$98.25M$98.25M$98.25M$99.00M$106.00M$105.00M$93.00M$95.00M$107.00M$109.00M$99.00M$120.00M
QoQ Change+0.0%+0.0%+0.0%+133.9%+0.0%+0.0%+0.0%+0.8%+7.1%-0.9%-11.4%+2.2%+12.6%+1.9%-9.2%+21.2%
YoY Change+133.9%+133.9%+133.9%+133.9%+0.8%+7.9%+6.9%-5.3%-4.0%+0.9%+3.8%+6.5%+26.3%
Range$42.00M$120.00M
CAGR+30.0%
Avg YoY Growth+44.6%
Median YoY Growth+6.9%

Frequently Asked Questions

What is Flutter Entertainment's international — research and development expense?
Flutter Entertainment (FLUT) reported international — research and development expense of $120.00M in Q1 2026.
How has Flutter Entertainment's international — research and development expense changed year-over-year?
Flutter Entertainment's international — research and development expense increased by 26.3% year-over-year, from $95.00M to $120.00M.
What is the long-term trend for Flutter Entertainment's international — research and development expense?
Over 3 years (2022 to 2025), Flutter Entertainment's international — research and development expense has grown at a 34.6% compound annual growth rate (CAGR), from $168.00M to $410.00M.
What does international — research and development expense mean?
Spending on developing new technology and gaming products for international markets.