secwatch.observer — SEC 8-K summary
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Issuer:     Flutter Entertainment plc (FLUT)
CIK:        0001635327
Form:       8-K
Filed at:   2026-08-05T10:58:56+00:00
Accession:  0001193125-26-333800
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flutter Q2 net loss $296M, adjusted EBITDA -45%; CEO Jackson to step down, Dan Taylor to succeed Oct 1
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- Q2 revenue $4,326M (+3% YoY); net loss $296M vs profit $37M; adjusted EBITDA $508M (-45%).
- US revenue -6% to $1,683M; sportsbook -15%, iGaming +14%; US adjusted EBITDA -70% to $119M.
- International revenue +10% to $2,643M; adjusted EBITDA -19% to $476M; SEA organic +18%.
- FY2026 guidance cut: revenue midpoint $17.91B (-$395M), adjusted EBITDA $2.655B (-$210M).
- CEO Peter Jackson to transition; Dan Taylor to become CEO Oct 1, 2026. New cost transformation targeting $500M gross savings by 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635327/000119312526333800/0001193125-26-333800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635327/000119312526333800/d127369d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-333800

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer