Flutter Records $1.15bn Q3 Net Loss, Cuts Full-Year Guidance

Flutter Entertainment has reported a net loss of $1.15 billion for the third quarter of 2026, prompting the group to reduce its full-year revenue and adjusted EBITDA guidance. The loss, which widened 46% from $789 million in the prior-year quarter, was driven primarily by substantial impairment charges relating to the company’s Brazil operations. Financial Performance Group revenue for the quarter reached $3.87 billion, representing year-over-year growth of approximately 2.1%. However, the figure fell short of analyst consensus expectations, and Flutter shares declined following the release.