Flutter Leisure has shared its Q3 earnings report, seeing income and participant numbers rise whereas money circulation falls, leading to a net loss.
In its Q3 financial report, Flutter reported some highs and lows, with group revenues up 17% year-on-year, reaching a gradual $3.79 billion. That’s in no small half attributable to regular buyer development, with the common month-to-month gamers rising by 9% to achieve greater than 14 million.
We’re happy to share our Q3 2025 Earnings, which present one other stable quarter of development throughout the Group and embody the thrilling announcement of our enlargement into prediction markets by way of @FanDuel Predicts.
Quarterly highlights embody:
14.1M Common Month-to-month Gamers, +9%… pic.twitter.com/Vx7G9KevaQ
— Flutter Leisure (@FlutterEnt) November 12, 2025
Wanting on the US particularly, iGaming income is performing remarkably effectively, with a 44% year-on-year improve. It’s maybe no shock that Flutter-owned FanDuel will search to determine a foothold in prediction markets with FanDuel Predicts.
Nonetheless, regardless of worldwide income additionally rising by 21%, Flutter reported a gaggle web lack of $789 million. The corporate places this all the way down to a non-cash impairment cost of $556 million in India and a one-off cost associated to US market entry phrases of $205 million. That additionally noticed money circulation take successful, falling by a painful 78%.
Obstacles to Flutter in 2025
Losses had been additionally felt attributable to a sporting season in favor of bettors all through Q3 and even into This autumn, impacting the playing big’s revenue margins. It’s arduous to disregard the impression of regulatory adjustments on the corporate and the trade as a complete, nevertheless, which may as soon as once more be feeding into the will to develop into the legal gray area of prediction markets.
For extra insights on the Q3 earnings, Flutter CEO Peter Jackson and CFO Rob Coldrake shall be collaborating in a fireplace chat hosted by Morgan Stanley on November 19 at 2pm ET. You’ll be able to signal as much as watch alongside here.
“Flutter delivered a stable third quarter, with continued momentum in each our US and Worldwide companies,” stated Jackson in an announcement. “We’re the clear primary operator within the US, and we’ll proceed to construct on that place to drive future profitability.”
Featured picture: Flutter Leisure
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