Flutter cuts FY26 guidance as Brazil exit and sports results hit Q3 earnings

The impacts of unfavourable sports results and the ban on betting in Brazil have led Flutter Entertainment to reduce its FY2026 guidance. In its Q3 results released on Wednesday , Flutter posted a net loss of $1.15 billion during the three months ending 30 September. Despite revenue edging up 2% to $3.87 billion, $873 million in non-cash impairment charges relating to its Brazilian business led to a loss significantly higher than the $789 million posted in Q3 2025.