Here are the 10-K annual reports from Flutter Entertainment plc (FLUT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow FLUT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FLUT filings page.
Flutter Entertainment plc files its annual report describing its global online sports betting and iGaming business for fiscal 2025. The company reports $16,383 million of revenue and 15.9 million Average Monthly Players, positioning it as the world’s largest online operator by revenue.
Flutter now manages two reportable segments, U.S. and International, with the U.S. contributing $6,967 million (43% of revenue) and International $9,416 million (57%). The group completed sizeable deals, including buying Boyd’s remaining 5% of FanDuel for $1,553 million, a 56% stake in Brazil’s NSX for BRL 3,799 million ($674 million), and Italy’s Snai for about $2.6 billion.
Operations span sportsbook, iGaming, lottery and other products across more than 100 markets, supported by 1,127 retail shops and about 7,500 technologists. Flutter spent $3,678 million on sales and marketing and $991 million on technology R&D in 2025, while highlighting extensive regulatory, technology, data protection and market-competition risks.