{"id":865354,"date":"2025-08-15T02:11:49","date_gmt":"2025-08-15T07:11:49","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/15\/flutter-delivers-4-19b-in-q2-2025-revenue\/"},"modified":"2025-08-15T02:11:49","modified_gmt":"2025-08-15T07:11:49","slug":"flutter-delivers-4-19b-in-q2-2025-revenue","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/15\/flutter-delivers-4-19b-in-q2-2025-revenue\/","title":{"rendered":"Flutter delivers $4.19B in Q2 2025 revenue"},"content":{"rendered":"

Entertainment <\/p>\n

\n

Flutter Entertainment<\/a> reported Q2 revenue of $4.19 billion, marking a 16% year-over-year increase. However, net income dropped sharply by 88%, falling to $37 million.<\/strong><\/em><\/p>\n

Adjusted EBITDA climbed 25% to $919 million, yielding a 21.9% margin. On the downside, earnings per share declined 59% to $0.59.<\/p>\n

FanDuel contributed significantly, generating $1.8 billion in Q2 revenue. Sportsbook revenue rose 11% to $1.2 billion, while iGaming revenue jumped 42% to $507 million-despite limited U.S. state availability for online casino.<\/p>\n

In international markets, revenue from the UK and Ireland edged up 1% to $936 million, though it declined 5% when adjusted for constant currency. Meanwhile, Southern Europe and Africa saw a 68% surge to $657 million, and Brazil experienced explosive growth of 144%, reaching $44 million.<\/p>\n

Revenue in the Asia-Pacific region increased 4% to $402 million, and Central and Eastern Europe posted an 8% rise to $138 million.<\/p>\n

Peter Jackson, Flutter CEO, said:<\/strong><\/p>\n

\n

I am pleased with the excellent underlying performance we have delivered in the second quarter alongside the good progress made on a number of key strategic initiatives. Revenue grew by 16% year-on-year, as we continue to build scale positions in the most attractive markets through strong organic growth and value creating M&A.<\/em><\/p>\n

Since Q1, Flutter gained additional US index inclusion and accelerated ownership of FanDuel to 100%. We also became the largest operator in Italy with the addition of Snai; established a scale position in Brazil through NSX; and successfully executed two transformative customer migrations. Such varied achievements in one quarter are a great reflection of our teams\u2019 focus and ability to execute effectively, leaving us well positioned for the second half of the year.<\/em><\/p>\n<\/blockquote>\n

In its Q1 earnings report, Flutter raised its full-year revenue forecast to between $16.63 billion and $17.52 billion-an increase of roughly $1 billion from previous guidance.<\/p>\n

The company also slightly raised its group adjusted EBITDA outlook to a range of $2.96 billion to $3.4 billion.<\/p>\n

Flutter\u2019s U.S. segment, led by FanDuel-and now the company\u2019s primary listing market-was expected to generate nearly half of the total revenue and about one-third of adjusted EBITDA.<\/p>\n

However, the company revised its U.S. revenue guidance downward from $7.47-$7.97 billion to $7.19\u2013$7.69 billion. Adjusted EBITDA projections for the U.S. were also lowered, now estimated between $1.1 billion and $1.34 billion.<\/p>\n

Following the results, Flutter finalized the acquisition of Boyd Gaming\u2019s remaining 5% stake in FanDuel, bringing its ownership to a full 100%.<\/p>\n

Flutter has now revised its U.S. guidance upwards, with projected revenue at $7.58 billion and adjusted EBITDA at $1.26 billion. Meanwhile, forecasts for international revenue and adjusted EBITDA remain unchanged.<\/p>\n

According to our competitor analysis, MGM leads the pack in total revenue, reporting $4.4 billion for Q2 and $8.7 billion for the first half of the year. Notably, MGM is the only operator surpassing Flutter in this regard, largely due to its expansive land-based operations in the U.S. and Asia. In contrast, Flutter significantly outpaces MGM in online revenue.<\/p>\n

Outside of MGM, only Las Vegas Sands and Caesars come close to Flutter\u2019s revenue figures, again thanks to their brick-and-mortar dominance.<\/p>\n

FDJ United and Super Group offer some useful comparisons as well-both operate major B2C online brands, yet their numbers are far smaller due to Flutter\u2019s vast global scale.<\/p>\n

For more insights, check out Gaming America\u2019s breakdown of FanDuel\u2019s Q2 performance, and don\u2019t miss Flutter CEO Jackson\u2019s December 2024 feature interview in Gambling Insider\u2019s CEO Special.<\/p>\n<\/section>\n

Read More<\/a>
\n Ani Ghahramanyan<\/p>\n","protected":false},"excerpt":{"rendered":"

Flutter Entertainment reported Q2 revenue of $4.19 billion, marking a 16% year-over-year increase. However, net income dropped sharply by 88%, falling to $37 million. Adjusted EBITDA climbed 25% to $919 million, yielding a 21.9% margin. On the downside, earnings per share declined 59% to $0.59. FanDuel contributed significantly, generating $1.8 billion in Q2 revenue. Sportsbook<\/p>\n","protected":false},"author":1,"featured_media":865355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1798,83407],"tags":[5053,83404],"class_list":{"0":"post-865354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-delivers","8":"category-entertainment","9":"category-flutter","10":"tag-delivers","11":"tag-flutter"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/865354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=865354"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/865354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/865355"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=865354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=865354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=865354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}