FLUT financial statements
The full income statement, balance sheet, and cash-flow statement for Flutter Entertainment plc (FLUT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 |
|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | |
| Revenue | 16.4B+16.6% | 14.0B+455.6% | |
| 7.40B+10.5% | 6.70B+265.2% | ||
| Cost of revenue | 8.98B+22.2% | 7.35B+959.9% | |
| Research & development | 991M+20.9% | 820M+1388.6% | |
| Selling, general & administrative | 2.18B+20.7% | 1.81B | |
| General & administrative | 2.18B+20.7% | 1.81B | |
| Selling & marketing | 3.68B+14.8% | 3.21B | |
| Amortization of intangibles | 1.39B | — | |
| Operating income | 36.0M-95.9% | 869M+228.9% | |
| Interest expense | 576M | — | |
| Other non-operating income | 358M+182.5% | -434M | |
| Gain (loss) on equity securities | 0.00 | — | |
| Pre-tax income | -121M-856.3% | 16.0M-74.1% | |
| Income tax | 286M+295.9% | -146M-74011.7% | |
| -407M-351.2% | 162M+161.9% | ||
| Net income to common | -310M-820.9% | 43.0M-31.6% | |
| -$1.75 | — | ||
| EPS (basic) | -$1.75 | — | |
| Weighted-avg shares (basic) | 177M | — | |
| Weighted-avg shares (diluted) | 177M | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | |
| 4.80B+10.4% | 4.34B+344.3% | ||
| Cash & equivalents | 1.83B+19.4% | 1.53B+146.2% | |
| Accounts receivable | 190M+93.9% | 98.0M-11.9% | |
| Prepaid expenses | 751M+23.7% | 607M | |
| 29.3B+19.5% | 24.5B+117.4% | ||
| Property, plant & equipment | 630M+27.8% | 493M+254.1% | |
| Operating lease right-of-use | 550M+8.5% | 507M | |
| Goodwill | 15.8B+18.5% | 13.4B+149.6% | |
| Intangible assets | 7.02B+30.9% | 5.36B | |
| Long-term investments | 7.00M+16.7% | 6.00M | |
| Deferred tax assets | 309M+15.7% | 267M | |
| Other non-current assets | 144M-17.7% | 175M | |
| 5.04B+9.9% | 4.59B+298.8% | ||
| Accounts payable | 386M+45.1% | 266M | |
| Accrued liabilities | 1.03B+5.1% | 980M | |
| Deferred revenue | 96.0M-20.0% | 120M | |
| Short-term & current debt | 109M+105.7% | 53.0M+48.3% | |
| Current lease liability | 130M+9.2% | 119M | |
| Other current liabilities | 2.56B+15.7% | 2.21B | |
| 19.6B+47.9% | 13.2B+96.0% | ||
| Long-term debt | 12.2B+81.9% | 6.68B+36.5% | |
| Deferred revenue (non-current) | 1.00M | — | |
| Non-current lease liability | 476M+11.2% | 428M | |
| Operating lease liability (total) | 606M+10.8% | 547M | |
| Deferred tax liabilities | 1.10B+82.6% | 605M | |
| Other non-current liabilities | 801M-14.3% | 935M | |
| 9.04B-2.7% | 9.29B+105.8% | ||
| Common stock | 36.0M+0.0% | 36.0M | |
| Additional paid-in capital | 1.99B+23.5% | 1.61B | |
| Retained earnings | 8.12B-15.1% | 9.57B | |
| Accumulated other comprehensive income | -1.11B+42.3% | -1.93B | |
| Non-controlling interest | 236M+42.2% | 166M | |
| Total equity incl. non-controlling | 9.27B-2.0% | 9.46B+109.3% | |
| Total liabilities & equity | 29.3B+19.5% | 24.5B | |
| Common shares issued | 175M-1.5% | 178M-38.4% | |
| Common shares outstanding | 175M-1.5% | 178M | |
| Shares outstanding (cover) | 175M-1.2% | 177M+20.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | |
| 1.18B-26.1% | 1.60B+138.9% | ||
| Depreciation & amortization | 1.52B+38.3% | 1.10B+150.1% | |
| Intangible amortization | 1.39B | — | |
| Share-based compensation | 246M+25.5% | 196M | |
| Deferred income taxes | -145M+58.3% | -348M | |
| Change in receivables | 0.00-100.0% | 11.0M | |
| -3.48B-329.2% | -811M | ||
| Capital expenditure | 105M-27.1% | 144M | |
| Free cash flow | 1.08B-26.0% | 1.46B | |
| Acquisitions | 2.69B+1580.0% | 160M | |
| Proceeds from sale of PP&E | 5.00M | 0.00 | |
| 2.43B+617.7% | -469M | ||
| Long-term debt issued | 10.8B+543.1% | 1.68B | |
| Long-term debt repaid | 5.61B+187.8% | 1.95B+301.0% | |
| Common stock issued | 0.00 | 0.00 | |
| Common stock repurchased | 1.12B+412.8% | 219M | |
| Dividends paid | 0.00 | 0.00 | |
| Interest paid | 531M+14.9% | 462M | |
| Income taxes paid | 445M+74.5% | 255M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | |
| Market cap | 37.7B-17.8% | 45.9B+169.6% | |
| P/E | — | 283.1×+2.9% | |
| P/S | 2.3×-29.5% | 3.3×-51.5% | |
| P/B | 4.2×-15.5% | 4.9×+31.0% | |
| P/FCF | 34.9×+11.1% | 31.5× | |
| Earnings yield | — | 0.35%-2.9% | |
| FCF yield | 2.9%-10.0% | 3.2% | |
| Source filing | 10-K | 10-K |
About this data
Source: FLUT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FLUT filings on SEC EDGAR → Not investment advice.
