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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.33B | $4.30B | $4.74B | $3.79B | $4.19B | $3.67B | $3.79B | $3.25B |
| Cost of revenue | $2.61B | $2.47B | $2.63B | $2.17B | $2.23B | $1.96B | $1.97B | $1.75B |
| Gross profit | $1.71B | $1.84B | $2.11B | $1.63B | $1.96B | $1.71B | $1.83B | $1.50B |
| Gross margin | 39.6% | 42.7% | 44.5% | 42.9% | 46.8% | 46.6% | 48.2% | 46.1% |
| Research and development | $300.00M | $259.00M | $245.00M | $275.00M | $256.00M | $215.00M | $201.00M | $213.00M |
| Selling, general and administrative | $1.56B | $1.50B | $1.61B | $1.67B | $1.31B | $1.27B | $1.35B | $1.19B |
| Operating expenses | $1.86B | $1.76B | $1.85B | $2.46B | $1.57B | $1.49B | $1.55B | $1.40B |
| Operating income | −$144.00M | $79.00M | $258.00M | −$834.00M | $389.00M | $223.00M | $279.00M | $97.00M |
| Operating margin | -3.3% | 1.8% | 5.4% | -22.0% | 9.3% | 6.1% | 7.4% | 3.0% |
| EBITDA | $255.00M | $495.00M | $693.00M | $102.00M | $758.00M | $517.00M | $549.00M | $355.00M |
| Interest income | $0 | $0 | −$515.00M | — | $0 | $0 | −$419.00M | — |
| Interest expense | −$162.00M | −$156.00M | $347.00M | −$152.00M | −$110.00M | −$85.00M | $325.00M | −$105.00M |
| Income before taxes | −$299.00M | $234.00M | $154.00M | −$834.00M | $205.00M | $354.00M | −$42.00M | −$130.00M |
| Income taxes | −$3.00M | $25.00M | $144.00M | −$45.00M | $168.00M | $19.00M | −$198.00M | −$16.00M |
| Net income | −$296.00M | $209.00M | $10.00M | −$789.00M | $37.00M | $335.00M | $156.00M | −$114.00M |
| Net margin | -6.8% | 4.9% | 0.2% | -20.8% | 0.9% | 9.1% | 4.1% | -3.5% |
| EPS, basic | −$1.57 | $1.24 | −$0.05 | −$3.91 | $0.59 | $1.59 | $0.46 | −$0.58 |
| EPS, diluted | −$1.57 | $1.23 | −$0.05 | −$3.91 | $0.59 | $1.57 | $0.44 | −$0.58 |
| Diluted shares | 175.00M | 177.00M | 173.00M | 176.00M | 179.00M | 180.00M | 184.00M | 178.00M |
Figures describe Flutter Entertainment plc shares, not any token. As of Aug 5, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.