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.
An increase signals a commitment to long-term product innovation, while a decrease may indicate cost-cutting or a shift in strategy.
Expenditures related to the development of new gaming products, software platforms, and technological infrastructure for...
Standard R&D expense for tech-enabled gaming companies; comparable to product development spend at major digital betting platforms.
flut_segment_international_research_and_development_expense| 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 | $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% |