Flutter Entertainment Reports $862 Million Net Loss in Q3 2026 Results
Key Facts
Flutter Entertainment plc announced its Q3 2026 financial results on November 4, 2026, reporting a net loss attributable to shareholders of $862 million. According to a company statement released via GlobeNewswire, global revenue for the quarter ended September 30, 2026, reached $3.874 billion, resulting in a loss per share of $4.90.
The financial performance was impacted by unfavorable sports results internationally, which reduced revenue by $170 million, alongside the previously disclosed closure of operations in Brazil. FLUT closed at $83.74 on November 3, 2026, having traded between a low of $82.78 and a high of $89 during that session. The company has subsequently lowered its full-year revenue midpoint guidance by $300 million to $17.61 billion.
Latest Updates · 2
- Notable·
Update: The financial results missed analyst estimates, with a non-GAAP loss of $0.18 per share compared to the $0.22 loss expected by the market. Additionally, the Q3 revenue of $3.87 billion fell short of the $3.99 billion consensus expectation.
- Notable·
Update: Flutter Entertainment paused its share buyback program on November 4, 2026. The company stated this strategic move is intended to prioritize deleveraging and implement cost-saving measures following its latest financial performance.