Business Segments · Research and Development Expense
U.S. — Research and Development Expense
Flutter Entertainment U.S. — Research and Development Expense increased by 1.1% to $89M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $82M to $89M. Over 3 years (FY 2022 to FY 2025), U.S. — Research and Development Expense shows an upward trend with a 47.1% 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
Higher spending reflects a commitment to product differentiation, though it may temporarily compress short-term margins.
Detailed definition
Costs related to the development, maintenance, and enhancement of the proprietary technology stack, betting algorithms,...
Peer comparison
Commonly reported by technology-driven gaming companies to track innovation investment.
Metric ID:
flut_segment_u_s_research_and_development_expenseHistorical Data
17 periods
| 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 | $27M | $27M | $27M | $27M | $49M | $49M | $49M | $49M | $55M | $73M | $72M | $70M | $82M | $86M | $88M | $88M | $89M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +81.5% | +0.0% | +0.0% | +0.0% | +12.2% | +32.7% | -1.4% | -2.8% | +17.1% | +4.9% | +2.3% | +0.0% | +1.1% |
| YoY Change | — | — | — | — | +81.5% | +81.5% | +81.5% | +81.5% | +12.2% | +49.0% | +46.9% | +42.9% | +49.1% | +17.8% | +22.2% | +25.7% | +8.5% |
Range$27M – $89M
CAGR+34.7%
Avg YoY Growth+46.2%
Median YoY Growth+46.9%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Flutter Entertainment's u.s. — research and development expense?
- Flutter Entertainment (FLUT) reported u.s. — research and development expense of $89M in Q1 2026.
- How has Flutter Entertainment's u.s. — research and development expense changed year-over-year?
- Flutter Entertainment's u.s. — research and development expense increased by 8.5% year-over-year, from $82M to $89M.
- What is the long-term trend for Flutter Entertainment's u.s. — research and development expense?
- Over 3 years (2022 to 2025), Flutter Entertainment's u.s. — research and development expense has grown at a 47.1% compound annual growth rate (CAGR), from $108M to $344M.
- What does u.s. — research and development expense mean?
- Spending on technology innovation and platform development.