Flutter Entertainment plc

FLUT 10-K · FY 2025

FLUT FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Cost of Revenue (FY) — — —
Show Business Segments breakouts
International -4,406 -3,571 -23.4%
U.S. -3,955 -3,353 -18.0%
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Cost of Revenue -8,979 -7,346 -22.2%
Gross Profit (FY) — — —
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Gross Profit 7,404 6,702 +10.5%
Research & Development (FY) — — —
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International -410 -403 -1.7%
U.S. -344 -270 -27.4%
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Research & Development -991 -820 -20.9%
Sales & Marketing (FY) — — —
Show Business Segments breakouts
International -1,520 -1,394 -9.0%
U.S. -1,319 -1,278 -3.2%
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Sales & Marketing -3,678 -3,205 -14.8%
General & Administrative (FY) — — —
Show Business Segments breakouts
International -878 -817 -7.5%
U.S. -427 -390 -9.5%
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General & Administrative -2,182 -1,808 -20.7%
Operating Income (FY) — — —
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Operating Income 36 869 -95.9%
Other Non-Operating Income (Expense) (FY) — — —
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Other Non-Operating Income (Expense) 358 -434 +182.5%
Show Consolidation Items breakouts
Material Reconciling Items 358 -434 +182.5%
Income Before Taxes (FY) — — —
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Income Before Taxes -121 16 -856.2%
Income Tax Expense (Benefit) (FY) — — —
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Income Tax Expense (Benefit) -286 146 -295.9%
Show Finite Lived Intangible Assets By Major Class breakouts
Pokerstars Trade Mark -153 — —
Other Comprehensive Income (FY) — — —
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Other Comprehensive Income 816 -444 +283.8%
EPS (Basic) (FY) — — —
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EPS (Basic) -1.75 0.24 -829.2%
EPS (Diluted) (FY) — — —
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EPS (Diluted) -1.75 0.24 -829.2%
Show Change In Accounting Estimate By Type breakouts
Intangible Assets Amortization Period -0.76 — —
Wtd Avg Shares (Basic) (FY) — — —
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Wtd Avg Shares (Basic) 177 178 -0.6%
Wtd Avg Shares (Diluted) (FY) — — —
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Wtd Avg Shares (Diluted) 177 180 -1.7%
Net Income Loss Available To Common Stockholders Basic (FY) — — —
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Net Income Loss Available To Common Stockholders Basic -310 43 -820.9%
Revenue From Contract With Customer Including Assessed Tax (FY) — — —
Show Product Lines breakouts
iGaming · International 5,112 4,130 +23.8%
iGaming · U.S. 2,095 1,524 +37.5%
Service Other · International 305 304 +0.3%
Service Other · U.S. 239 261 -8.4%
Sportsbook · International 3,999 3,816 +4.8%
Sportsbook · U.S. 4,633 4,013 +15.4%
Show Business Segments breakouts
International 9,416 8,250 +14.1%
International · Asia Pacific 1,428 1,547 -7.7%
International · BR 227 69 +229.0%
International · Central and Eastern Europe 604 531 +13.7%
International · Other regions 864 911 -5.2%
International · Southern Europe and Africa 2,746 1,593 +72.4%
International · UKI 3,547 3,599 -1.4%
U.S. 6,967 5,798 +20.2%
Show Geography breakouts
AU 1,315 1,397 -5.9%
GB 3,198 3,279 -2.5%
IE 303 304 -0.3%
IT 2,532 1,484 +70.6%
Rest of the world 2,268 1,855 +22.3%
US 6,767 5,729 +18.1%
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Revenue From Contract With Customer Including Assessed Tax 16,383 14,048 +16.6%
Net Income Loss Attributable To Noncontrolling Interest (FY) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level3 50 -25 +300.0%
Foreign Currency Transaction Gain Loss Before Tax (FY) — — —
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Foreign Currency Transaction Gain Loss Before Tax 88 15 +486.7%
Professional Fees (FY) — — —
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Professional Fees -224 -54 -314.8%
Show Consolidation Items breakouts
Material Reconciling Items -224 -54 -314.8%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Cash & Cash Equivalents 1,828 1,531 +19.4%
Restricted Cash And Cash Equivalents At Carrying Value (Q) — — —
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Restricted Cash And Cash Equivalents At Carrying Value 72 48 +50.0%
Player Deposits Cash And Cash Equivalents (Q) — — —
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Player Deposits Cash And Cash Equivalents 1,932 1,930 +0.1%
Player Deposits Investments (Q) — — —
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Player Deposits Investments 23 130 -82.3%
Accounts Receivable (Q) — — —
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Accounts Receivable 190 98 +93.9%
Prepaid Expenses & Other Current Assets (Q) — — —
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Prepaid Expenses & Other Current Assets 751 607 +23.7%
Total Current Assets (Q) — — —
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Total Current Assets 4,796 4,344 +10.4%
Non-Current Assets
Long Term Investments (Q) — — —
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Long Term Investments 7 6 +16.7%
Property, Plant & Equipment (Q) — — —
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Property, Plant & Equipment 630 493 +27.8%
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 550 507 +8.5%
Goodwill (Q) — — —
Show Business Segments breakouts
International 14,999 12,526 +19.7%
U.S. 826 826 0.0%
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Goodwill 15,825 13,352 +18.5%
Show Business Acquisition breakouts
NSX 429 — —
Snai 1,507 — —
Show Finite Lived Intangible Assets By Major Class breakouts
Junglee 517 — —
Deferred Tax Assets (Q) — — —
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Deferred Tax Assets 309 267 +15.7%
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 144 175 -17.7%
Total Assets (Q) — — —
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Total Assets 29,280 24,508 +19.5%
Intangible Assets (Q) — — —
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Intangible Assets 7,019 5,364 +30.9%
Show Finite Lived Intangible Assets By Major Class breakouts
Computer Software Intangible Asset 349 317 +10.1%
Customer Relationships 2,573 2,221 +15.8%
License 364 277 +31.4%
Other Intangible Assets 105 110 -4.5%
Software Development 868 561 +54.7%
Trademarks 2,760 1,878 +47.0%
Other Assets
Intangible Assets Net Excluding Goodwill (Q) — — —
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Intangible Assets Net Excluding Goodwill 7,019 5,364 +30.9%
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 386 266 +45.1%
Players Deposit Liabilities Current (Q) — — —
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Players Deposit Liabilities Current 1,859 1,940 -4.2%
Operating Lease Liability Current (Q) — — —
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Operating Lease Liability Current 130 119 +9.2%
Current Portion of Long-Term Debt (Q) — — —
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Current Portion of Long-Term Debt 109 53 +105.7%
Other Liabilities Current (Q) — — —
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Other Liabilities Current 2,559 2,212 +15.7%
Total Current Liabilities (Q) — — —
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Total Current Liabilities 5,043 4,590 +9.9%
Accrued Liabilities (Q) — — —
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Accrued Liabilities 1,030 980 +5.1%
Deferred Revenue (Current) (Q) — — —
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Deferred Revenue (Current) 96 120 -20.0%
Non-Current Liabilities
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 476 428 +11.2%
Long-Term Debt (Q) — — —
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Long-Term Debt 12,157 6,683 +81.9%
Deferred Tax Liabilities (Q) — — —
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Deferred Tax Liabilities 1,105 605 +82.6%
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 801 935 -14.3%
Total Liabilities (Q) — — —
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Total Liabilities 19,582 13,241 +47.9%
Long-Term Debt (Q) — — —
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Long-Term Debt 12,266 6,736 +82.1%
Contract With Customer Liability Noncurrent (Q) — — —
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Contract With Customer Liability Noncurrent 1 — —
Other Liabilities
Redeemable Noncontrolling Interest Equity Carrying Amount (Q) — — —
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Redeemable Noncontrolling Interest Equity Carrying Amount 424 1,808 -76.5%
Stockholders' Equity
Common Stock (Q) — — —
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Common Stock 36 36 0.0%
Additional Paid In Capital Common Stock (Q) — — —
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Additional Paid In Capital Common Stock 1,989 1,611 +23.5%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income -1,111 -1,927 +42.3%
Retained Earnings (Q) — — —
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Retained Earnings 8,124 9,573 -15.1%
Total Stockholders' Equity (Q) — — —
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Total Stockholders' Equity 9,038 9,293 -2.7%
Minority Interest (Q) — — —
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Minority Interest 236 166 +42.2%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest (Q) — — —
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Accumulated Gain Loss Net Cash Flow Hedge Parent 4 14 -71.4%
Accumulated Net Unrealized Investment Gain Loss -1 -1 0.0%
Accumulated Other Comprehensive Income -1,111 -1,927 +42.3%
Accumulated Translation Adjustment -1,104 -1,939 +43.1%
Additional Paid In Capital 1,989 1,611 +23.5%
Aoci Derivative Qualifying As Hedge Excluded Component Parent -10 -1 -900.0%
Common Stock 36 36 0.0%
Noncontrolling Interest 236 166 +42.2%
Parent 9,038 9,293 -2.7%
Retained Earnings 8,124 9,573 -15.1%
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest 9,274 9,459 -2.0%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 29,280 24,508 +19.5%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Net Income (FY) — — —
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Net Income -407 162 -351.2%
Depreciation & Amortization (FY) — — —
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Depreciation & Amortization 1,517 1,097 +38.3%
Show Consolidation Items breakouts
Material Reconciling Items 1,517 1,097 +38.3%
Show Change In Accounting Estimate By Type breakouts
Intangible Assets Amortization Period 148 — —
Asset Impairment Charges (FY) — — —
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Asset Impairment Charges 561 — —
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Material Reconciling Items 561 — —
Material Reconciling Items · Junglee 561 — —
Derivative Gain Loss On Derivative Net (FY) — — —
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Derivative Gain Loss On Derivative Net -11 2 -650.0%
Non Cash Interest Expense Net (FY) — — —
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Non Cash Interest Expense Net 53 19 +178.9%
Operating Lease Right Of Use Asset Amortization Expense (FY) — — —
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Operating Lease Right Of Use Asset Amortization Expense 141 142 -0.7%
Foreign Currency Transaction Gain Loss Unrealized (FY) — — —
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Foreign Currency Transaction Gain Loss Unrealized -88 -15 -486.7%
Disposal Group Not Discontinued Operation Gain Loss On Disposal (FY) — — —
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Disposal Group Not Discontinued Operation Gain Loss On Disposal 11 7 +57.1%
Stock-Based Compensation (FY) — — —
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Stock-Based Compensation 246 196 +25.5%
Share Based Compensation Classified As Liability (FY) — — —
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Share Based Compensation Classified As Liability 14 6 +133.3%
Other Non-Cash Items (FY) — — —
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Other Non-Cash Items -300 428 -170.1%
Deferred Income Taxes (FY) — — —
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Deferred Income Taxes -145 -348 +58.3%
Gains Losses On Extinguishment Of Debt (FY) — — —
Show Debt Instrument breakouts
EUR First Lien Term Loan B Due 2026 23 7 +228.6%
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Gains Losses On Extinguishment Of Debt 23 7 +228.6%
Increase Decrease In Player Deposit Investments (FY) — — —
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Increase Decrease In Player Deposit Investments 120 33 +263.6%
Change in Prepaid & Other Assets (FY) — — —
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Change in Prepaid & Other Assets -60 -73 +17.8%
Increase Decrease In Accounts Payable Trade (FY) — — —
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Increase Decrease In Accounts Payable Trade -20 -7 -185.7%
Increase Decrease In Other Operating Liabilities (FY) — — —
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Increase Decrease In Other Operating Liabilities -106 -104 -1.9%
Increase Decrease In Player Deposit Liability (FY) — — —
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Increase Decrease In Player Deposit Liability -227 212 -207.1%
Increase Decrease In Operating Lease Liability (FY) — — —
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Increase Decrease In Operating Lease Liability -138 -148 +6.8%
Net Cash from Operations (FY) — — —
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Net Cash from Operations 1,184 1,602 -26.1%
Investing Activities
Capital Expenditures (FY) — — —
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Capital Expenditures -105 -144 +27.1%
Payments To Acquire Intangible Assets (FY) — — —
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Payments To Acquire Intangible Assets -162 -136 -19.1%
Payments For Software (FY) — — —
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Payments For Software -510 -381 -33.9%
Payments To Acquire Businesses Net Of Cash Acquired (FY) — — —
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Payments To Acquire Businesses Net Of Cash Acquired -2,688 -160 -1580.0%
Proceeds From Sale Of Property Plant And Equipment (FY) — — —
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Proceeds From Sale Of Property Plant And Equipment 5 — —
Payments For Proceeds From Derivative Instrument Investing Activities (FY) — — —
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Payments For Proceeds From Derivative Instrument Investing Activities -21 10 -310.0%
Net Cash from Investing (FY) — — —
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Net Cash from Investing -3,481 -811 -329.2%
Long Lived Assets Purchased But Not Yet Paid In Investing Activities (FY) — — —
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Long Lived Assets Purchased But Not Yet Paid In Investing Activities 75 15 +400.0%
Long Lived Assets Purchased But Not Yet Paid In Financing Activity (FY) — — —
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Long Lived Assets Purchased But Not Yet Paid In Financing Activity 72 — —
Right Of Use Asset Obtained In Exchange For Operating Lease Liability (FY) — — —
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Right Of Use Asset Obtained In Exchange For Operating Lease Liability 94 155 -39.4%
Lease Obligation Incurred (FY) — — —
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Lease Obligation Incurred 50 47 +6.4%
Business Acquisition Including Contingent Consideration (FY) — — —
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Business Acquisition Including Contingent Consideration 327 2 +16250.0%
Stock Issued1 (FY) — — —
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Stock Issued1 29 — —
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction (FY) — — —
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Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction 6 — —
Asset Retirement Obligation Noncash Activity (FY) — — —
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Asset Retirement Obligation Noncash Activity 33 — —
Sale Of Noncontrolling Interests (FY) — — —
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Sale Of Noncontrolling Interests 17 — —
Financing Activities
Proceeds From Stock Options Exercised (FY) — — —
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Proceeds From Stock Options Exercised 7 30 -76.7%
Proceeds From Debt Net Of Issuance Costs (FY) — — —
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Proceeds From Debt Net Of Issuance Costs 10,830 1,684 +543.1%
Repayments Of Transaction Costs With Third Parties From Issuance Of Long Term Debt (FY) — — —
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Repayments Of Transaction Costs With Third Parties From Issuance Of Long Term Debt -22 — —
Repayments Of Long Term Debt (FY) — — —
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Repayments Of Long Term Debt -5,606 -1,948 -187.8%
Payments For Repurchase Of Redeemable Noncontrolling Interest (FY) — — —
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Payments For Repurchase Of Redeemable Noncontrolling Interest -1,620 — —
Payments Of Dividends Minority Interest (FY) — — —
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Payments Of Dividends Minority Interest -29 -16 -81.2%
Payment For Contingent Consideration Liability Financing Activities (FY) — — —
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Payment For Contingent Consideration Liability Financing Activities -19 — —
Share Repurchases (FY) — — —
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Share Repurchases -1,123 -219 -412.8%
Proceeds From Minority Shareholders (FY) — — —
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Proceeds From Minority Shareholders 10 — —
Net Cash from Financing (FY) — — —
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Net Cash from Financing 2,428 -469 +617.7%
Debt Repayments (FY) — — —
Show Debt Instrument breakouts
Revolving Credit Facility 2028 · Revolving Credit Facility 966 852 +13.4%
Supplemental
Interest Paid (FY) — — —
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Interest Paid 531 462 +14.9%
Income Taxes Paid (FY) — — —
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Income Taxes Paid 445 255 +74.5%
Operating Lease Payments (FY) — — —
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Operating Lease Payments 167 174 -4.0%
Income Taxes Paid (FY) — — —
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Income Taxes Paid 445 — —
Other Cash Flow
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect (FY) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect 131 322 -59.3%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 3,832 3,509 +9.2%
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations (FY) — — —
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 192 -84 +328.6%
Restricted Investments Current (Q) — — —
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Restricted Investments Current 1,932 1,930 +0.1%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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