earnings
confidence high
sentiment negative
materiality 0.75
Flutter Q3 net loss $789M on $556M India impairment; cuts FY25 EBITDA guidance to $2.915B
Flutter Entertainment plc
2025-Q3 EPS reported
-$1.72
revenue$11,646,000,000
- Q3 revenue $3.79B (+17% YoY); adjusted EBITDA $478M (+6% YoY); AMPs +9% to 14.1M.
- Net loss $789M driven by $556M non-cash impairment on Junglee (India shutdown) and $205M Boyd payment.
- US sportsbook revenue -5% YoY; iGaming revenue +44% YoY; FanDuel NGR share 41%.
- Updated FY25 guidance: revenue $16.69B, adjusted EBITDA $2.915B midpoint (down $380M from prior).
- FanDuel Predicts joint venture with CME to launch Dec 2025; Q4 cost $40-50M, FY26 cost $200-300M.