Flutter Entertainment reported financials for Q3 2026 showing growth in the US, while International revenue remained flat – see more details.
Revenue and earnings: Revenue increased 2% to USD 3.87bn (ca. EUR 3.45bn), from USD 3.79bn in Q3 2025. Adjusted EBITDA fell 25% to USD 360m (ca. EUR 321m), from USD 478m (ca. EUR 426m) a year before. The group reported a net loss of USD 1.15bn (ca. EUR 1.02bn), compared with USD 789m (ca. EUR 703m) in Q3 2025.
US business: Revenue increased 6% to USD 1.46bn (ca. EUR 1.30bn) in Q3 2026. Sportsbook revenue rose 4% to USD 817m (ca. EUR 728m), while iGaming grew 8% to USD 572m (ca. EUR 510m). Adjusted EBITDA fell to USD 3m (ca. EUR 2.7m) from USD 51m (ca. EUR 45m).
US betting activity: Monthly active players increased 12% to 3.9 million. Sportsbook stakes rose 13% to USD 12.02bn (ca. EUR 10.71bn) in Q3 2026, while the net revenue margin fell to 6.8% from 7.4%. The Flutter Q3 2026 results also reflected higher promotional spending in the US.
International business: Revenue remained flat at USD 2.42bn (ca. EUR 2.15bn) in Q3 2026. Sportsbook revenue fell 2% to USD 963m (ca. EUR 858m), while iGaming increased 1% to USD 1.38bn (ca. EUR 1.23bn). Adjusted EBITDA declined to USD 435m (ca. EUR 388m) from USD 505m (ca. EUR 450m).
Regional performance and costs: UK and Ireland revenue rose 4% to USD 889m (ca. EUR 792m) in Q3 2026, while Southern Europe and Africa reached USD 836m (ca. EUR 745m). Flutter stopped operations in Brazil in September 2026 and recorded a USD 541m (ca. EUR 482m) goodwill impairment.
Business and licences: Flutter operates betting and casino brands including FanDuel, Paddy Power, Betfair and PokerStars. The group offers online sports betting, casino games and poker, alongside retail betting shops. Flutter holds gambling licences in several regulated markets, including the US, UK, Ireland and parts of Europe.
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