Filing Flows › Flutter Entertainment (FLUT) › Gross margin
Flutter Entertainment (FLUT) gross margin by quarter
Flutter Entertainment's gross margin was 42.7% in Q1 2026 (first quarter 2026), -1.9 pts from Q4 2025. Over the last 4 quarters it ranged from 42.7% (Q1 2026) to 46.8% (Q2 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | 42.7% | -1.9 pts | -3.9 pts |
| Q4 2025 | 44.5% | -2.2 pts | — |
| Q2 2025 | 46.8% | +0.2 pts | — |
| Q1 2025 | 46.6% | — | — |
Q1 2026 at a glance
Flutter Entertainment, Q1 2026: revenue $4.3B (+17% year over year), operating margin 1.8%, net earnings $218M, operating cash flow $330M. The chart follows the revenue to costs, profit and cash.
Questions
What is Flutter Entertainment's gross margin?
Flutter Entertainment's gross margin was 42.7% in Q1 2026 (first quarter 2026), -1.9 pts from Q4 2025.
How has Flutter Entertainment's gross margin changed?
Over the last 4 quarters it ranged from 42.7% (Q1 2026) to 46.8% (Q2 2025).