Flutter Entertainment plc Reports Fiscal Year 2025 Results

Flutter Entertainment plc, a global online sports betting and iGaming operator, released its financial results for the fiscal year ended December 31, 2025. The company reported total revenue of $16.383 billion, a 17% increase compared to the $14.048 billion reported in fiscal year 2024. This growth was supported by an increase in Average Monthly Players (AMPs) to 15.9 million, up 14% from the previous year. The company experienced a net loss of $407 million, translating to a loss of $1.75 per share, compared to a net income of $162 million, or $0.24 per share, in the prior fiscal year.

The company's U.S. segment saw revenue increase by 20% to $6.967 billion, driven by growth in existing states and the launch of operations in Missouri. The International segment also experienced growth, with revenue increasing by 14% to $9.416 billion, primarily due to the acquisitions of Snai and NSX. Sportsbook revenue accounted for 53% of the total, while iGaming contributed 44%. The company's cost of sales increased by 22% to $8.979 billion, primarily due to higher gaming taxes and third-party costs. Sales and marketing expenses increased by 15% to $3.678 billion, while technology, research, and development expenses rose by 21% to $991 million.

Key strategic developments during the fiscal year included the acquisitions of a 5% redeemable non-controlling interest in FanDuel, a 56% interest in NSX Group, and 100% of Snaitech S.p.A. In December 2025, Flutter launched FanDuel Predicts in partnership with CME Group, providing customers with a platform to trade prediction markets contracts. The company's global workforce consisted of 28,518 employees as of December 31, 2025, with approximately 7,500 in technology roles.

Looking ahead, Flutter Entertainment plans to continue diversifying internationally and expanding its online offerings in regulated markets. The company is focused on leveraging the "Flutter Edge" to maintain a competitive advantage and achieve sustainable growth. The company also plans to continue investing in research and development to improve customer experience, engagement, and security. The company's Board has authorized a share repurchase program of up to $5 billion of its ordinary shares, with $1.1 billion completed as of December 31, 2025.

About FLUTTER ENTERTAINMENT PLC

Flutter Entertainment plc is a leading global online sports betting and iGaming operator, offering a diverse portfolio of brands including FanDuel, PokerStars, and Paddy Power. With a focus on sustainable growth, Flutter capitalizes on a $60 billion market opportunity, targeting recreational bettors across multiple jurisdictions. Recent strategic acquisitions in Brazil and Italy enhance its international presence, while ongoing technology investments aim to improve customer experience and engagement.

This description was generated via AI from an annual report. Updated 9 months ago.

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