What is Flutter Entertainment's goodwill?

Flutter Entertainment (FLUT) reported goodwill of $15.65B in Q1 2026.

How has Flutter Entertainment's goodwill changed year-over-year?

Flutter Entertainment's goodwill increased by 13.9% year-over-year, from $13.74B to $15.65B.

What is the long-term trend for Flutter Entertainment's goodwill?

Over 3 years (2022 to 2025), Flutter Entertainment's goodwill has grown at a 6.1% compound annual growth rate (CAGR), from $13.24B to $15.83B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Flutter Entertainment FLUT Goodwill

Goodwill at other companies

MGM Resorts InternationalMGM

$4.89B-5.4%

PENN Entertainment, Inc.PENN

$1.78B-30.6%

Caesars Entertainment, Inc.CZR

$10.44B-1.5%

DraftKings Inc.DKNG

$1.6B+2.7%

Inspired EntertainmentINSE

$60.8M+2.0%

Boyd GamingBYD

$957.95M0.0%

Segments

By segment

See full

International$15B+19.7%

U.S.$826M0.0%

Other financials

Income statement

See full

Revenue$4.3B+17.4%

Gross profit$1.8B+7.5%

Operating income$79.0M-64.6%

Net income$209.0M-37.6%

EPS (diluted)$1.23-21.7%

Balance sheet

See full

Cash & equivalents$1.5B-1.6%

Total debt$12.7B+69.8%

Total equity$9.1B-8.1%

Total assets$28.5B+14.7%

Cash flow

See full

Operating cash flow$330.0M+75.5%

CapEx$25.0M+31.6%

Free cash flow$305.0M+80.5%

Valuation

See full

Market cap$17.56B-67.4%

Enterprise value$28.75B-54.3%

P/S1×-2.6×

Profitability

See full

Gross margin44.2%-3.3pp

Operating margin-0.6%-7.4pp

Net margin-3.2%-7.9pp

FCF margin7.1%-2.0pp

Returns & leverage

See full

Return on equity-5.7%-12.7pp

Debt / equity1.4×+0.6×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Flutter Entertainment in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Flutter Entertainment’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flutter Entertainment's goodwill?: Flutter Entertainment (FLUT) reported goodwill of $15.65B in Q1 2026.
How has Flutter Entertainment's goodwill changed year-over-year?: Flutter Entertainment's goodwill increased by 13.9% year-over-year, from $13.74B to $15.65B.
What is the long-term trend for Flutter Entertainment's goodwill?: Over 3 years (2022 to 2025), Flutter Entertainment's goodwill has grown at a 6.1% compound annual growth rate (CAGR), from $13.24B to $15.83B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.