Flutter reported a net loss of $789m for Q3 2025 and lowered its full-year revenue and adjusted EBITDA guidance by $570m and $380m, respectively. It attributed the revised outlook to customer-friendly sports results, increased sportsbook investment and the end of real-money gaming in India after legislative changes; the company gave midpoint forecasts of $16.69bn in revenue and $2.92bn in adjusted EBITDA.
Quarter ended 30 September 2026
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Flutter Entertainment reported 2025 revenue of $16.4bn, up 17%, and adjusted EBITDA of $2.8bn, up 21%, in its annual results. The company recorded a $407m net loss for the year, compared with $162m net income in 2024, and forecast 2026 revenue of $18.4bn and adjusted EBITDA of $2.97bn. Chief executive Peter Jackson said Flutter remained focused on its 2026 plans.
Flutter reported Q1 2025 revenue of $3.67bn, up 8% year on year, and adjusted EBITDA of $616m, up 20%. The company raised its 2025 forecast to $17.08bn in revenue and $3.18bn in adjusted EBITDA, including expected contributions from its Snai acquisition and the anticipated NSX deal.
FanDuel reportedly plans to make Christian Genetski its permanent chief executive from 1 January 2027, ending his interim tenure. The reported appointment was communicated to Flutter staff, but neither Flutter nor FanDuel has confirmed it. Genetski became interim CEO in May 2026 after Amy Howe stepped down.
Christian Genetski is set to become FanDuel's permanent chief executive, after an interim stint of nearly six months. The job becomes his officially on 1 January 2027. As of the report, no confirmation of the appointment had come from Flutter or FanDuel.
It was reported that Flutter finance chief Rob Coldrake said FanDuel Predicts launched more slowly than planned. The prediction-market product featured in an Oppenheimer discussion following the company’s earnings call.
FanDuel is shifting its sports and novelty prediction markets from CME Group to Crypto.com, outgoing Flutter CEO Peter Jackson said on an analyst call on 5 August. CME retains the financial derivatives business.