Quarterly ResultMay 6, 2026, 04:21 PM
Flutter Q1 Revenue $4.30B, +17.4%; Net Income $209M, EPS $1.23
AI Summary
Flutter Entertainment plc reported Q1 2026 revenue of $4.30 billion, a 17.4% increase from the prior year. However, net income attributable to shareholders decreased to $218 million, or $1.23 diluted EPS, compared to $283 million and $1.57 diluted EPS in Q1 2025. The company saw strong international segment revenue growth, but U.S. Adjusted EBITDA declined, and increased interest expense and restructuring costs impacted overall profitability.
Key Highlights
- Revenue increased 17.4% to $4.30 billion in Q1 2026 from $3.66 billion in Q1 2025.
- Net income attributable to Flutter shareholders was $218 million, down from $283 million year-over-year.
- Diluted Earnings Per Share (EPS) decreased to $1.23 from $1.57 in the prior year period.
- U.S. segment revenue grew to $1.76 billion, while International segment revenue rose to $2.54 billion.
- U.S. Adjusted EBITDA declined to $119 million from $161 million in Q1 2025.
- Net cash provided by operating activities increased to $330 million from $188 million.
- Interest expense, net, increased to $156 million from $85 million in Q1 2025.
- Repurchased 1,152,508 ordinary shares, reducing retained earnings by $121 million.
Price Impact
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