Filing Flows › Flutter Entertainment (FLUT) › Operating margin
Flutter Entertainment (FLUT) operating margin by quarter
Flutter Entertainment's operating margin was 1.8% in Q1 2026 (first quarter 2026), -3.6 pts from Q4 2025. Over the last 4 quarters it ranged from 1.8% (Q1 2026) to 9.3% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | 1.8% | -3.6 pts | -4.2 pts |
| Q4 2025 | 5.4% | -3.8 pts | — |
| Q2 2025 | 9.3% | +3.2 pts | — |
| Q1 2025 | 6.1% | — | — |
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 operating margin?
Flutter Entertainment's operating margin was 1.8% in Q1 2026 (first quarter 2026), -3.6 pts from Q4 2025.
How has Flutter Entertainment's operating margin changed?
Over the last 4 quarters it ranged from 1.8% (Q1 2026) to 9.3% (Q2 2025).