earnings
confidence high
sentiment negative
materiality 0.75
Flutter Q1 revenue $4,304M (+17%), EPS $1.23 (-22%); US sportsbook improving, FY guidance lowered
Flutter Entertainment plc
2026-Q1 EPS reported
$1.23
revenue$4,304,000,000
- Q1 revenue $4,304M (+17% YoY), net income $209M (-38%), adj EBITDA $631M (+2%), adj EPS $1.22 (-23%).
- US revenue $1,763M (+6%) with sportsbook +1%, iGaming +19%; International $2,541M (+27%) led by SEA.
- Management changes: Dan Taylor appointed President overseeing FanDuel; Christian Genetski leads US; Amy Howe exits.
- FY2026 guidance cut: revenue midpoint $18.305B (was $18.4B), adj EBITDA $2.865B (was $2.97B); $35M Arkansas costs.
- US sportsbook improvement gaining traction: Jan AMPs -5% recovered to +1% in Mar; loyalty program launched in Apr.