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.
Flutter’s raised forecast gives investors and suppliers higher expectations for revenue and adjusted EBITDA in 2025.
Quarter ended 30 September 2026
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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.
Flutter said it is moving FanDuel Predicts' sports and novelty contracts to Crypto.com's exchange as it expands its prediction-markets business. The company expects about $50 million in market-making revenue during 2026, while lowering its overall adjusted EBITDA guidance midpoint by $210 million after second-quarter adjusted EBITDA fell 45% year on year.
Flutter said Dan Taylor will become Group Chief Executive Officer on 1 October 2026 and join its board. Peter Jackson will leave both roles on 30 September and remain as an adviser through year-end to support the transition.
It was reported that Peter Jackson is leaving Flutter’s chief executive role. International chief executive Dan Taylor will succeed him in October, alongside a reduction in FanDuel’s 2026 EBITDA guidance.