FLUT · Flutter Entertainment plc
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted earnings per share non-GAAP | $0.49 | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP (Loss) earnings per share to Flutter shareholders -$1.57
+$0.06 Transaction fees and associated costs
+$0.46 Restructuring and integration costs
+$0.54 Legal loss contingencies
+$1.22 Amortization of acquired intangibles
+$0.39 Share-based compensation
+$0 Loss on settlement of long-term debt
+$0.01 Financing related fees not eligible for capitalization
-$0.23 Fair value (gain) loss on Fox Option Liability
-$0.39 Tax impact of above adjustments
= Adjusted earnings per share $0.49
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| adjusted EBITDA margin non-GAAP | 18% | Q2 2026 | — |
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| Adjusted net income attributable to Flutter shareholders non-GAAP | $85M | Three months ended June 30, 2026 | — |
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| AMPs | 3.8M | Q2 2026 | — |
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| Average monthly players (AMPs) | 14.29M | Q2 2026 | — |
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| Free cash flow non-GAAP | $189M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities $363M
-$14M Purchases of property and equipment
-$25M Purchases of intangible assets
-$135M Capitalized software
= Free cash flow $189M
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| Free cash flow including financing capex and excluding player funds non-GAAP | $125M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Free cash flow $189M
-$15M Purchases of intangible assets with extended payment terms
-$18M Player deposits - investments
-$31M Player deposit liability
= Free cash flow including financing capex and excluding player funds $125M
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| Group adjusted EBITDA non-GAAP | 508M | Q2 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net income -$296M
-$3M Income taxes
-$7M Other (expense) income, net
+$162M Interest expense, net
+$399M Depreciation and amortization
+$68M Share-based compensation expense
+$10M Transaction fees and associated costs
+$80M Restructuring and integration costs
+$95M Legal loss contingencies
= Group Adjusted EBITDA $508M
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| Group Adjusted EBITDA Margin non-GAAP | 11.7% | Three months ended June 30, 2026 | — |
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| handle | 2% | Q2 2026 | — |
| iGaming AMPs | 14% | Q2 2026 | — |
| net revenue margin | 8.7% | Q2 2026 | — |
| sportsbook AMPs | 8% | Q2 2026 | — |
| Sportsbook net revenue margin | 13.2% | Q2 2026 | — |
| structural revenue margin | 16.2% | Q2 2026 | — |
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| US adjusted EBITDA non-GAAP | $119M | Q2 2026 | — |
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| US iGaming AMPs | 14% | Q2 2026 | — |
| US iGaming GGR market share | 27% | Q2 2026 | — |
| US sportsbook AMPs | 8% | Q2 2026 | — |
| US sportsbook GGR market share | 39% | Q2 2026 | — |
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| US structural revenue margin | 14% | Q2 2026 | — |
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| International Adjusted EBITDA non-GAAP | $587M | Q1 2026 | — |
| Net Debt non-GAAP | $10.58B | As of March 31, 2026 | — |
| US iGaming GGR share | 28% | Q4 2025 | — |
| US sportsbook GGR share | 41% | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Gambling — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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FLUT
this stock
Flutter Entertainment plc
|
$17.81B | -52.5% | +16.6% | — | 7.2% |
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DKNG
DraftKings Inc.
|
$22.94B | -25.2% | +27.0% | — | 4.3% |
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GRKZF
Greek Organisation of Football Prognostics S.A.
|
$18.62B | — | — | — | 0.0% |
|
SGHC
Super Group (SGHC) Ltd
|
$7.11B | +16.7% | — | — | 5.5% |
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LOTMY
Lottomatica Group S.p.A./ADR
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$6.81B | +11.1% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FLUT | +9.9% | -6.4% | -9.4% | -2.3% | -52.5% |
| SPY | -0.2% | +3.4% | +11.8% | +2.5% | +12.3% |
| vs SPY | +10.1% | -9.8% | -21.2% | -4.8% | -64.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.