Entertainment <\/p>\n
International online gaming and sports betting giant Flutter Entertainment<\/strong> has published its results for the second quarter of the year, highlighting double-digit revenue and EBITDA growth. The strong results reflected the company\u2019s stable position in the US and beyond and led to an update in Flutter\u2019s full-year guidance.<\/p>\n Flutter announced that its revenue for Q2 2025 reached approximately $4.2 billion<\/strong>, which marks a 16% increase year-on-year. Adjusted EBITDA for the same period increased by 25% to $919 million<\/strong>. The adjusted EBITDA margin for Q2 stood at 21.9%.<\/p>\n Flutter attributed the favorable EBITDA figures to the company\u2019s continued US growth<\/a>.<\/p>\n The company\u2019s net income, however, experienced a decrease of 88% from $297 million in Q2 2024 to $37 million<\/strong> in Q2 2025. Flutter explained that this was due to a non-cash charge<\/strong> related to the movement in the Fox Option valuation, increased non-cash amortization of acquired intangibles and an increased income taxes expense.<\/p>\n Flutter\u2019s earnings per share also experienced a slump, decreasing from $1.45 in the prior-year period to $0.59<\/strong> in Q2 2025. Adjusted earnings per share, however, pointed to an increase of 45% to $2.95<\/strong>.<\/p>\n Other key metrics included $359 million<\/strong> in net cash from operating activities (up 11% YOY), as well as a free net cash flow of $156 million<\/strong> (down 9% YOY). The decline in free cash flow resulted from a boost in capital expenditure from the Snai acquisition, as well as increased technology investment across Flutter as a whole.<\/p>\n The company added that it recorded almost 16 million average monthly players in the second quarter of the year, up 11% YOY.<\/p>\n Additional Q2 highlights showed sustained iGaming strength as FanDuel\u2019s lead<\/a> in the US extended. Adjusted EBITDA from Flutter\u2019s US-based operations alone reached $400 million<\/strong>, thanks to tailwinds due to favorable sports results and strong operating leverage.<\/p>\nFlutter\u2019s Revenue and EBITDA Experienced Double-Digit Growth<\/h2>\n
Flutter\u2019s Performance Was Strong Across the Board<\/h2>\n