Flutter Entertainment Operating Expenses Growth & History (FLUT)
Flutter Entertainment's operating expenses was $7.37B for fiscal 2025.
View full Flutter Entertainment company overviewFlutter Entertainment annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.37B | $1.53B | +26.32% |
| 2024 | 2024-12-31 | $5.83B | −$304.0M | −4.95% |
| 2023 | 2023-12-31 | $6.14B | $1.40B | +29.53% |
| 2022 | 2022-12-31 | $4.74B | — | — |
| 2019 | 2019-12-31 | $1.57B | $261.2M | +19.94% |
| 2018 | 2018-12-31 | $1.31B | $692.5M | +112.16% |
| 2017 | 2017-12-31 | $617.4M | — | — |
Flutter Entertainment quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.86B | $287.0M | +18.28% |
| Q1 2026 | 2026-03-31 | $1.76B | $272.0M | +18.30% |
| Q4 2025 | 2025-12-31 | $1.85B | $305.0M | +19.72% |
| Q3 2025 | 2025-09-30 | $2.46B | $1.06B | +75.84% |
| Q2 2025 | 2025-06-30 | $1.57B | $163.0M | +11.58% |
| Q1 2025 | 2025-03-31 | $1.49B | $6.0M | +0.41% |
| Q4 2024 | 2024-12-31 | $1.55B | −$601.0M | −27.98% |
| Q3 2024 | 2024-09-30 | $1.40B | $90.0M | +6.88% |
| Q2 2024 | 2024-06-30 | $1.41B | $119.0M | +9.24% |
| Q1 2024 | 2024-03-31 | $1.48B | $88.0M | +6.32% |
| Q4 2023 | 2023-12-31 | $2.15B | — | — |
| Q3 2023 | 2023-09-30 | $1.31B | — | — |
| Q2 2023 | 2023-06-30 | $1.29B | — | — |
| Q1 2023 | 2023-03-31 | $1.39B | — | — |
Flutter Entertainment operating expenses trends
Between the periods ended 2017-12-31 and 2025-12-31, Flutter Entertainment's operating expenses increased from $617.4M to $7.37B, a change of $6.75B. The latest reported quarter, Q2 2026, shows $1.86B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Flutter Entertainment source filings ↗