Flutter shares tumble 12% on weak $2.97bn guidance; files 2025 Annual Report
Flutter shares plunged 12% to 7,972p in London after issuing 2026 adjusted EBITDA guidance of $2.97bn, well below the $3.5bn analysts forecast, despite FY2025 adjusted EBITDA of $2.845bn and $16.4bn revenue. The company also published its 2025 Annual Report on Form 10-K and UK Annual Report and Accounts today.
1. Guidance and Share Reaction
Flutter shares dropped 12% to 7,972p in London trade after the company issued adjusted EBITDA guidance for 2026 of $2.97bn, significantly below analysts' consensus of $3.5bn.
2. Full-Year 2025 Results
The gambling group delivered adjusted EBITDA of $2.845bn for the 2025 fiscal year, near the midpoint of prior guidance, while revenue reached $16.4bn, missing the $16.7bn forecast.
3. Annual Report and Product Rollout
The company published its 2025 Annual Report on Form 10-K and UK Annual Report and Accounts, confirming the rollout of its prediction-markets product, FanDuel Predicts, across selected U.S. states despite regulatory uncertainty.