Filing Flows › Flutter Entertainment (FLUT) › Q2 2026 › vs Q1 2026
Flutter Entertainment (FLUT) Q2 2026 vs Q1 2026 (quarter over quarter)
Flutter Entertainment's revenue rose $22.0M (+0.5%) from $4.3B in Q1 2026 to $4.3B in Q2 2026. The biggest changes: International +$102M (+4%); U.S. −$80.0M (-5%).
Flutter Entertainment, Q2 2026: revenue $4.3B (+3% year over year), operating margin -3.3%, net loss $296M, operating cash flow $363M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| International | $2.6B | $2.5B | $102M | +4% |
| U.S. | $1.7B | $1.8B | −$80.0M | -5% |
| Revenue | $4.3B | $4.3B | $22.0M | +0.5% |
| Income tax benefit | $3.0M | −$25.0M | $28.0M | — |
| Net loss | $296M | −$209M | $505M | — |
| Costs & expenses | $4.6B | $4.5B | $166M | +4% |
| Operating costs | $4.5B | $4.2B | $245M | +6% |
| Interest & other, net | $155M | −$155M | $310M | — |
| Cost of revenue | $2.6B | $2.5B | $146M | +6% |
| Research & development | $300M | $259M | $41.0M | +16% |
| Sales & marketing | $1.0B | $966M | $46.0M | +5% |
| General & admin | $545M | $533M | $12.0M | +2% |
| Operating cash sources | $659M | $121M | $538M | +445% |
| Depreciation & amortization | $399M | $416M | −$17.0M | -4% |
| Share-based compensation | $67.0M | $53.0M | $14.0M | +26% |
| Working capital & other | $193M | −$348M | $541M | — |
| Net loss absorbed | $296M | −$209M | $505M | — |
| Operating cash flow | $363M | $330M | $33.0M | +10% |
Questions
How much did Flutter Entertainment's revenue grow quarter over quarter in Q2 2026?
Flutter Entertainment's revenue rose $22.0M (+0.5%) from $4.3B in Q1 2026 to $4.3B in Q2 2026.
What drove Flutter Entertainment's revenue change in Q2 2026?
International +$102M (+4%); U.S.