Flutter Entertainment U.S. — Reportable segment Adjusted EBITDA decreased by 61.6% to $119.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.1%, from $161.00M to $119.00M. Over 2 years (FY 2022 to FY 2025), U.S. — Reportable segment Adjusted EBITDA shows an upward trend with a 129.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Rising EBITDA indicates improved operational leverage and effective cost management as the business scales.
A non-GAAP measure of the U.S. segment's operational profitability, excluding interest, taxes, depreciation, amortizatio...
Standardized across the gaming industry to compare operational efficiency regardless of capital structure.
flut_segment_u_s_reportable_segment_adjusted_ebitda| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$43.75M | -$43.75M | -$43.75M | -$43.75M | -$55.00M | $168.00M | $26.00M | $260.00M | $58.00M | $163.00M | $161.00M | $400.00M | $51.00M | $310.00M | $119.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -25.7% | +405.5% | -84.5% | +900.0% | -77.7% | +181.0% | -1.2% | +148.4% | -87.3% | +507.8% | -61.6% |
| YoY Change | — | — | — | — | -25.7% | +484.0% | — | — | +205.5% | -3.0% | +519.2% | +53.8% | -12.1% | +90.2% | -26.1% |