Flutter Q2 FY26 turns to net loss of $296 million; revenue rises 3% to $4.33 billion

Reuters2026/08/05 10:59

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Flutter posted a GAAP net loss of USD 296 million, swinging from profit, as revenue rose 3% to USD 4.33 billion.
Adjusted EBITDA fell 45% to USD 508 million, pushing the adjusted margin down 10.2 percentage points to 11.7%.
US revenue dropped 6% to USD 1.68 billion, while International revenue climbed 10% to USD 2.64 billion; average monthly players fell 11% to 14,287,000.
CEO Peter Jackson will step down, with Dan Taylor set to become CEO on Oct. 1.
2026 guidance was cut, with revenue midpoint lowered to USD 17.91 billion and adjusted EBITDA midpoint reduced to USD 2.66 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flutter Entertainment plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050656PRIMZONEFULLFEED9804103) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Flutter Q2 FY26 turns to net loss of $296 million; revenue rises 3% to $4.33 billion

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