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Flutter Entertainment vs Zoom Communications: FLUT and ZM compared
Flutter Entertainment is the larger company: $3.9B of revenue in its latest quarter (Q3 2026) against $1.3B for Zoom Communications (Q2 FY27). Zoom Communications is growing faster (+5% against +2% a year earlier). Zoom Communications is more profitable, with an operating margin of 24.6% against -30.7%.
Where the money goes: FLUT and ZM
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.
Zoom Communications (ZM) · Q2 FY27
Zoom Communications, Q2 FY27: revenue $1.3B (+5% year over year), operating margin 24.6%, net earnings $1.5B, operating cash flow $495M. The chart follows the revenue to costs, profit and cash.
| Flutter Entertainment (FLUT) | Zoom Communications (ZM) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 FY27 |
| Revenue | $3.9B | $1.3B |
| Revenue growth, Y/Y | +2% | +5% |
| Gross margin | — | 77.2% |
| Operating margin | -30.7% | 24.6% |
| Net earnings | −$1.1B | $1.5B |
| Net margin | -29.6% | 120.8% |
| Operating cash flow | $211M | $495M |
| Free cash flow | $35.0M | $472M |
| Market value | $14.6B | $27.0B |
| P/E | — | 8.3× |
| Analysts’ mean target | $119.99 | $118.58 |
Where the revenue comes from
Flutter Entertainment
- International: $2.4B (62%)
- U.S.: $1.5B (38%)
Questions
Which is bigger, Flutter Entertainment or Zoom Communications?
Flutter Entertainment is the larger company: $3.9B of revenue in its latest quarter (Q3 2026) against $1.3B for Zoom Communications (Q2 FY27).
Is Flutter Entertainment or Zoom Communications growing faster?
Zoom Communications is growing faster (+5% against +2% a year earlier).
Which is more profitable, Flutter Entertainment or Zoom Communications?
Zoom Communications is more profitable, with an operating margin of 24.6% against -30.7%.
More: Flutter Entertainment earnings · how Flutter Entertainment makes money · Zoom Communications earnings · how Zoom Communications makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Aug 26, 2026). Fiscal quarters can end on different dates. Not investment advice.