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Flutter Entertainment vs Snap: FLUT and SNAP compared
Flutter Entertainment is the larger company: $3.9B of revenue in its latest quarter (Q3 2026) against $1.7B for Snap (Q3 2026). Snap is growing faster (+14% against +2% a year earlier). Snap is more profitable, with an operating margin of 4.5% against -30.7%.
Where the money goes: FLUT and SNAP
Flutter Entertainment (FLUT) · Q3 2026
Flutter Entertainment, Q3 2026: revenue $3.9B (+2% year over year), operating margin -30.7%, net loss $1.1B, operating cash flow $211M. The chart follows the revenue to costs, profit and cash.
Snap (SNAP) · Q3 2026
Snap, Q3 2026: revenue $1.7B (+14% year over year), operating margin 4.5%, net earnings $56.5M, operating cash flow $210M. The chart follows the revenue to costs, profit and cash.
| Flutter Entertainment (FLUT) | Snap (SNAP) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $3.9B | $1.7B |
| Revenue growth, Y/Y | +2% | +14% |
| Operating margin | -30.7% | 4.5% |
| Net earnings | −$1.1B | $56.5M |
| Net margin | -29.6% | 3.3% |
| Operating cash flow | $211M | $210M |
| Free cash flow | $35.0M | $164M |
| Market value | $14.6B | $8.6B |
| Analysts’ mean target | $119.99 | $7.10 |
Where the revenue comes from
Flutter Entertainment
- International: $2.4B (62%)
- U.S.: $1.5B (38%)
Snap
- Advertising revenue: $1.4B (80%)
- Other revenue: $350M (20%)
Questions
Which is bigger, Flutter Entertainment or Snap?
Flutter Entertainment is the larger company: $3.9B of revenue in its latest quarter (Q3 2026) against $1.7B for Snap (Q3 2026).
Is Flutter Entertainment or Snap growing faster?
Snap is growing faster (+14% against +2% a year earlier).
Which is more profitable, Flutter Entertainment or Snap?
Snap is more profitable, with an operating margin of 4.5% against -30.7%.
More: Flutter Entertainment earnings · how Flutter Entertainment makes money · Snap earnings · how Snap makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.