Flutter Reports Q3 Revenue of $3.874 Billion, Updates 2026 Guidance
Flutter reported Q3 revenue of $3,874 million, up 2% year over year, and a net loss of $1,148 million. Adjusted EBITDA fell 25% to $360 million. It paused share repurchases, closed its Betfair Brazil operations, restructured its UK and Ireland business, and refinanced facilities with maturities extended to 2032.
Story updates
Flutter Entertainment announced its Q3 2026 financial results, reporting revenue of $3,874 million, a 2% increase year-over-year, and a net loss of $1,148 million. Adjusted EBITDA for the quarter was $360 million, representing a 25% decrease compared to the previous year. The company announced several strategic actions, including a pause in its share repurchase program for the foreseeable future, the closure of its Betfair Brazil operations, and a restructuring of its UK and Ireland business. Additionally, Flutter completed a refinancing effort that extended the maturities of its Revolving Credit Facility and Term Loan A to 2032.
Management updated its 2026 guidance to account for adverse sports results and the impact of the Brazil closure.