Flutter Entertainment plc — Q3 2026 Earnings Summary

Flutter Entertainment reported a net loss of $1.148 billion for the third quarter of 2026, primarily driven by an $873 million non-cash impairment charge related to its Brazil operations following a government ban on sports betting and iGaming. Group revenue increased 2% year-over-year to $3.874 billion, with US revenue rising 6% while International revenue remained flat due to adverse sports results and the Brazil closure. Adjusted EBITDA declined 25% to $360 million, and the company updated its full-year 2026 guidance to reflect these challenges, lowering the revenue midpoint to $17.61 billion and adjusted EBITDA midpoint to $2.495 billion. In response to the financial impact, Flutter has paused its share repurchase program and completed a refinancing of its credit facilities to extend maturities to 2032.