This article first appeared on GuruFocus<\/a>.<\/p>\n Revenue Growth:<\/strong> Increased by 17% year over year.<\/p>\n<\/li>\n Adjusted EBITDA:<\/strong> Grew 6% in the quarter.<\/p>\n<\/li>\n Net Loss:<\/strong> $789 million for the quarter, primarily due to non-cash impairment charges and payments for US market access terms.<\/p>\n<\/li>\n US Revenue:<\/strong> Increased by 9%, with iGaming growth of 44% offsetting a 5% decline in sportsbook revenue.<\/p>\n<\/li>\n International Revenue:<\/strong> Grew by 21%, with acquisitions contributing 18 percentage points to this increase.<\/p>\n<\/li>\n Adjusted Earnings Per Share:<\/strong> Grew 29% year over year.<\/p>\n<\/li>\n Operating Cash Flow:<\/strong> Reduced by $81 million year over year.<\/p>\n<\/li>\n Free Cash Flow:<\/strong> Reduced by $87 million year over year.<\/p>\n<\/li>\n Leverage Ratio:<\/strong> 4 times, or 3.7 times including Snai on a pro forma basis.<\/p>\n<\/li>\n Share Repurchases:<\/strong> $225 million in Q3 and $245 million in Q4, totaling $1.12 billion returned to shareholders in 2025.<\/p>\n<\/li>\n 2025 Guidance:<\/strong> Updated to reflect a decrease of $570 million in revenue and $380 million in adjusted EBITDA.<\/p>\n<\/li>\n FanDuel Predicts Investment:<\/strong> Anticipated incremental EBITDA costs of $40 million to $50 million in Q4 2025 and $200 million to $300 million in 2026.<\/p>\n<\/li>\n<\/ul>\n Release Date: November 12, 2025<\/p>\n For the complete transcript of the earnings call, please refer to the full earnings call transcript<\/a>.<\/p>\n Flutter Entertainment PLC (NYSE:FLUT<\/a>) reported a 17% increase in group revenue and a 6% rise in adjusted EBITDA for Q3 2025, driven by strong organic iGaming growth and recent acquisitions.<\/p>\n<\/li>\n The company maintained its position as the number one online operator in both sportsbook and iGaming in the US, with iGaming revenue up 44% year over year.<\/p>\n<\/li>\n Flutter Entertainment PLC (NYSE:FLUT<\/a>) is strategically expanding into prediction markets with the launch of FanDuel Predicts, aiming to capture a significant incremental addressable market in the US.<\/p>\n<\/li>\n The international division delivered a 21% revenue increase year over year, supported by acquisitions and strong organic growth in Turkey and Italy.<\/p>\n<\/li>\n The company is making progress on its $300 million cost transformation program, identifying further efficiencies beyond original targets, and continuing to return capital to shareholders with significant share repurchases.<\/p>\n<\/li>\n<\/ul>\n Flutter Entertainment PLC (NYSE:FLUT<\/a>) reported a net loss of $789 million for the quarter, primarily due to a non-cash impairment charge related to regulatory changes in India and payments for improved US market access terms.<\/p>\n<\/li>\n The company reduced its full-year outlook for 2025 by $280 million in adjusted EBITDA due to customer-friendly sports results and increased competitive intensity in the US market.<\/p>\n<\/li>\n The sudden regulatory change in India forced Flutter Entertainment PLC (NYSE:FLUT<\/a>) to cease real-money operations, resulting in a significant impairment charge.<\/p>\n<\/li>\n Increased amortization costs related to recent acquisitions and business transformation contributed to the net loss.<\/p>\n<\/li>\n The competitive landscape in the US remains challenging, with heightened levels of competitor generosity impacting sportsbook revenue and market dynamics.<\/p>\n<\/li>\n<\/ul><\/div>\n\n
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