Flutter revenue climbs, profit collapses in Q4

Thursday, February 26, 2026 6:00 PM
Photo: Shutterstock
  • David McKee, COMPLETE iGAMING

Although fourth-quarter revenue for Flutter Entertainment grew 25% to reach $4.7 billion, the FanDuel parent company saw profits crater from $156 million in 2024’s final quarter to $10 million, a 94% collapse.

Full-year revenue went up 17% to $16.3 billion but Flutter posted a year-end loss of $407 million. The numbers were disclosed after the end of trading on 26 February.

Cash flow swelled 27% to $655 million for the quarter and was up to $2.8 billion for the year, a 21% improvement. Investors realized a loss of $0.05 per share for the quarter and $1.75 for all of 2025.

The full-year loss was attributed to India’s ban on igaming, which resulted in a $556 million write down for Flutter.