Operating Expenses

R&D

Flutter Entertainment R&D increased by 5.7% to $259.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.5%, from $215.00M to $259.00M. Over 3 years (FY 2022 to FY 2025), R&D shows an upward trend with a 21.5% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 6, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$138.00M$138.00M$138.00M$138.00M$168.00M$176.00M$214.00M$207.00M$190.00M$216.00M$213.00M$201.00M$215.00M$256.00M$275.00M$245.00M$259.00M
QoQ Change+0.0%+0.0%+0.0%+21.7%+4.8%+21.6%-3.3%-8.2%+13.7%-1.4%-5.6%+7.0%+19.1%+7.4%-10.9%+5.7%
YoY Change+21.7%+27.5%+55.1%+50.0%+13.1%+22.7%-0.5%-2.9%+13.2%+18.5%+29.1%+21.9%+20.5%
Range$138.00M$275.00M
CAGR+17.0%
Avg YoY Growth+22.3%
Median YoY Growth+21.7%

R&D at Other Companies

Frequently Asked Questions

What is Flutter Entertainment's r&d?
Flutter Entertainment (FLUT) reported r&d of $259.00M in Q1 2026.
How has Flutter Entertainment's r&d changed year-over-year?
Flutter Entertainment's r&d increased by 20.5% year-over-year, from $215.00M to $259.00M.
What is the long-term trend for Flutter Entertainment's r&d?
Over 3 years (2022 to 2025), Flutter Entertainment's r&d has grown at a 21.5% compound annual growth rate (CAGR), from $552.00M to $991.00M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.