Overview

• Flutter Entertainment reported Q1 2025 revenue of $3.7 billion and operating profit of $616 million, both below analyst expectations.
• The company raised its full-year 2025 revenue forecast by $1.2 billion and increased profit guidance to $3.2 billion, citing contributions from recent acquisitions like Snaitech and NSX.
• US operations, led by FanDuel, saw strong growth with revenue up 18% to $1.7 billion, despite higher payouts from March Madness results.
• Net income reached $335 million, recovering from a $177 million loss in the same quarter last year, reflecting improved operational efficiency.
• Flutter’s stock price fell over 2% following the announcement, with shares down 14% since the start of 2025, highlighting investor concerns over earnings variability.