---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-208993"
form_type: "8-K"
ticker: "FLUT"
cik: "0001635327"
company_name: "Flutter Entertainment plc"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:45:47.447446+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flutter Q1 revenue $4,304M (+17%), EPS $1.23 (-22%); US sportsbook improving, FY guidance lowered

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-208993
- form_type: 8-K
- ticker: FLUT
- cik: 0001635327
- company_name: Flutter Entertainment plc
- filed_at: 2026-05-06T23:59:59+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/1635327/000119312526208993/0001193125-26-208993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635327/000119312526208993/d46069d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-208993
- JSON: https://secwatch.observer/filing/0001193125-26-208993.json
- Plain text: https://secwatch.observer/filing/0001193125-26-208993.txt

## Source-grounded claims
- claim_id: dd845372f56ee370aa09f117c3567f29409ef3bb
  claim: Flutter Entertainment plc reported the quarter ended March 31, 2026 results: revenue 4,304, net income 209, EPS 1.23. Guidance lowered.
  evidence_excerpt: financial highlights: In $ millions except where stated otherwise Three months ended March 31, 2026 2025 YOY Average monthly players (AMPs) (‘000s’) 1 14,378 14,880 (3 )% Revenue 4,304 3,665 +17 % Net income 209 335 (38 )% Net income margin 4.9 % 9.1 % (420 )bps Adjusted EBITDA 2 631 616 +2 % Adjusted EBITDA margin 2 14.7 % 16.8 % (210 )bps Earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635327/000119312526208993/0001193125-26-208993-index.htm

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