Flutter cuts 2026 revenue and EBITDA guidance after Brazil market closure
Flutter reduced its 2026 revenue midpoint guidance by $300 million to $17.61 billion and its adjusted EBITDA outlook by $160 million to $2.495 billion, the company said alongside its Q3 results. It reported $3.87 billion in quarterly revenue and adjusted EBITDA of $360 million; Flutter attributed $873 million in non-cash impairment charges to Brazil’s provisional measure banning online sports betting and iGaming.
Investors must reassess Flutter’s outlook after it lowered revenue and adjusted EBITDA guidance and attributed impairment charges to Brazil’s measure.