Flutter Q1 2026 Earnings Report Highlights Revenue Growth and Earnings Pressures
Flutter (FLUT) reported Q1 2026 earnings with a 17% revenue increase to $18.3 billion, driven by acquisitions and favorable sports results. However, net income declined by $126 million due to higher interest expenses and depreciation. The U.S. segment saw a 6% revenue increase but faced a 200 basis point drop in gross margin, partly due to tax increases in several states.
Tickers: $FLUT
Topics: adjusted EBITDA free cash flow gross margin net income decline revenue growth