---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-277558"
form_type: "8-K"
ticker: "FLUT"
cik: "0001635327"
company_name: "Flutter Entertainment plc"
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:14:35.792282+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flutter Q3 net loss $789M on $556M India impairment; cuts FY25 EBITDA guidance to $2.915B

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-277558
- form_type: 8-K
- ticker: FLUT
- cik: 0001635327
- company_name: Flutter Entertainment plc
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635327/000119312525277558/0001193125-25-277558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635327/000119312525277558/d82804d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-277558
- JSON: https://secwatch.observer/filing/0001193125-25-277558.json
- Plain text: https://secwatch.observer/filing/0001193125-25-277558.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.