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)

2024-06 177.7M2024-09 178.0M2024-12 177.5M2025-03 176.7M2025-06 176.1M2025-09 175.3M2025-12 175.3M2026-03 174.0M2026-06 173.5M-2.4% over 8 periods

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.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24
Revenue	16.4B YoY+16.6%	14.0B YoY+455.6%
	7.40B YoY+10.5%	6.70B YoY+265.2%
Cost of revenue	8.98B YoY+22.2%	7.35B YoY+959.9%
Research & development	991M YoY+20.9%	820M YoY+1388.6%
Selling, general & administrative	2.18B YoY+20.7%	1.81B
General & administrative	2.18B YoY+20.7%	1.81B
Selling & marketing	3.68B YoY+14.8%	3.21B
Amortization of intangibles	1.39B	—
Operating income	36.0M YoY-95.9%	869M YoY+228.9%
Interest expense	576M	—
Other non-operating income	358M YoY+182.5%	-434M
Gain (loss) on equity securities	0.00	—
Pre-tax income	-121M YoY-856.3%	16.0M YoY-74.1%
Income tax	286M YoY+295.9%	-146M YoY-74011.7%
	-407M YoY-351.2%	162M YoY+161.9%
Net income to common	-310M YoY-820.9%	43.0M YoY-31.6%
	-$1.75	—
EPS (basic)	-$1.75	—
	177M	—
	177M	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24
	4.80B YoY+10.4%	4.34B YoY+344.3%
Cash & equivalents	1.83B YoY+19.4%	1.53B YoY+146.2%
Accounts receivable	190M YoY+93.9%	98.0M YoY-11.9%
Prepaid expenses	751M YoY+23.7%	607M
	29.3B YoY+19.5%	24.5B YoY+117.4%
Property, plant & equipment	630M YoY+27.8%	493M YoY+254.1%
Operating lease right-of-use	550M YoY+8.5%	507M
Goodwill	15.8B YoY+18.5%	13.4B YoY+149.6%
Intangible assets	7.02B YoY+30.9%	5.36B
Long-term investments	7.00M YoY+16.7%	6.00M
Deferred tax assets	309M YoY+15.7%	267M
Other non-current assets	144M YoY-17.7%	175M
	5.04B YoY+9.9%	4.59B YoY+298.8%
Accounts payable	386M YoY+45.1%	266M
Accrued liabilities	1.03B YoY+5.1%	980M
Deferred revenue	96.0M YoY-20.0%	120M
Short-term & current debt	109M YoY+105.7%	53.0M YoY+48.3%
Current lease liability	130M YoY+9.2%	119M
Other current liabilities	2.56B YoY+15.7%	2.21B
	19.6B YoY+47.9%	13.2B YoY+96.0%
Long-term debt	12.2B YoY+81.9%	6.68B YoY+36.5%
Deferred revenue (non-current)	1.00M	—
Non-current lease liability	476M YoY+11.2%	428M
Operating lease liability (total)	606M YoY+10.8%	547M
Deferred tax liabilities	1.10B YoY+82.6%	605M
Other non-current liabilities	801M YoY-14.3%	935M
	9.04B YoY-2.7%	9.29B YoY+105.8%
Common stock	36.0M YoY+0.0%	36.0M
Additional paid-in capital	1.99B YoY+23.5%	1.61B
Retained earnings	8.12B YoY-15.1%	9.57B
Accumulated other comprehensive income	-1.11B YoY+42.3%	-1.93B
Non-controlling interest	236M YoY+42.2%	166M
Total equity incl. non-controlling	9.27B YoY-2.0%	9.46B YoY+109.3%
Total liabilities & equity	29.3B YoY+19.5%	24.5B
	175M YoY-1.5%	178M
	175M YoY-1.5%	178M
	175M YoY-1.2%	177M YoY+20.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24
	1.18B YoY-26.1%	1.60B YoY+138.9%
Depreciation & amortization	1.52B YoY+38.3%	1.10B YoY+150.1%
Intangible amortization	1.39B	—
Share-based compensation	246M YoY+25.5%	196M
Deferred income taxes	-145M YoY+58.3%	-348M
Change in receivables	0.00 YoY-100.0%	11.0M
	-3.48B YoY-329.2%	-811M
Capital expenditure	105M YoY-27.1%	144M
Free cash flow	1.08B YoY-26.0%	1.46B
Acquisitions	2.69B YoY+1580.0%	160M
Proceeds from sale of PP&E	5.00M	0.00
	2.43B YoY+617.7%	-469M
Long-term debt issued	10.8B YoY+543.1%	1.68B
Long-term debt repaid	5.61B YoY+187.8%	1.95B YoY+301.0%
Common stock issued	0.00	0.00
Common stock repurchased	1.12B YoY+412.8%	219M
Dividends paid	0.00	0.00
Interest paid	531M YoY+14.9%	462M
Income taxes paid	445M YoY+74.5%	255M
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24
Market cap	37.7B YoY-17.8%	45.9B YoY+169.6%
P/E	—	283.1× YoY+2.9%
P/S	2.3× YoY-29.5%	3.3× YoY-51.5%
P/B	4.2× YoY-15.5%	4.9× YoY+31.0%
P/FCF	34.9× YoY+11.1%	31.5×
	—	0.35% YoY-2.9%
	2.9% YoY-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.