MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Flutter forecasts slowdown in growth in 2026 after earnings miss

ALN

Flutter Entertainment PLC on Thursday reported 2025 earnings and sales below expectations, with handle growth of 3% missing forecast.

The New York-based bookmaker which owns FanDuel, Betfair and Paddy Power said its net income declined to $10 million in the three months to December from $156 million a year prior.

Adjusted earnings before interest, tax, depreciation and amortisation improved 27% to $832 million from $655 million. Adjusted earnings per share dropped 41% to $1.74 from $2.94.

Revenue increased 25% to $4.74 billion from $3.79 billion with average monthly players up 3.2% to 15,072 from 14,605.

Flutter said fourth quarter growth was driven by M&A and more favourable US sports results year-over-year.

Sportsbook revenue growth reflected a net revenue margin of 8.9%, up 220 basis points year-over-year, driven by continued structural gross revenue margin expansion of 90bps, and a positive sports results impact year-over-year of 310bps.

Handle growth of 3% was behind expectations and reflected a moderation in market growth which has continued into 2026, primarily due to the unfavourable recycling impact from sustained, bookmaker-friendly sports results.

‘It is difficult to be definitive as to when market handle growth rates will recover,’ Flutter said.

For 2026, Flutter gave revenue of $18.4 billion and adjusted Ebitda of $2.97 billion guidance midpoints, representing year-over-year growth of 12% and 4%.

Revenue and adjusted Ebitda were below $16.69 billion and $2.92 billion guidance.

In 2025, Flutter reported revenue of $15.91 billion and adjusted Ebitda of $2.85 billion, up 17% and 21% on-year respectively.

Flutter expects US revenue of $7.8 billion in 2026 and International revenue of $10.6 billion.

Flutter said it sees no ‘meaningful impact’ on its business from prediction markets.

‘We are confident that the prediction markets have not been a significant driver of the moderating customer and handle trends we have observed,’ the company said.

Shares in Flutter slumped 8.2% in after hours trading after closing up 2.8% in New York on Thursday.

Copyright 2026 Alliance News Ltd. All Rights Reserved.