0001635327-26-000045
SEC filingRevenue was $4.3B (17.4%) Gross Profit was $1.8B (7.5%) Operating Income was $79.0M (-64.6%) Net Income was $209.0M (-37.6%)
Flutter Entertainment delivered robust top-line growth in Q1 FY2026 with revenue reaching $4.3 billion, up 17.4% from $3.7 billion in the prior year quarter. This expansion reflects contributions from recent acquisitions including Snai and NSX, alongside sportsbook momentum in certain regions where revenue grew significantly period-over-period due to these deals and increased handle, though partially offset by unfavorable sports results.
Net income fell 37.6% to $209 million, with diluted EPS of $1.23 versus $1.57 prior year, reflecting the operating challenges amid sustained revenue scale. Cash generation remained a bright spot, with net cash provided by operating activities rising to $330 million from $188 million, enabling $305 million in free cash flow after $25 million in capital expenditures (up from $19 million). This supports ongoing investments in technology infrastructure consolidation, back-office integration, and relocation to lower-cost locations as part of broader efficiency actions.