R&D expense · 2022–2025

Flutter Entertainment R&D expense

$991M+20.9% · FY2025

Flutter Entertainment (FLUT) reported $991M in R&D expense for fiscal 2025, +20.9% year on year.

$552M2022$765M2023$820M2024$991M2025
Flutter Entertainment — R&D expense, 2022–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$991M+20.9%Open →
FY20242024-12-31$820M+7.2%Open →
FY20232023-12-31$765M+38.6%Open →
FY20222022-12-31$552M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2022–2025 compound annual growth +21.5%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Flutter Entertainment R&D expense |url=https://companiesranked.com/en/company/flutter-entertainment/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Flutter Entertainment R&D expense. CompaniesRanked. https://companiesranked.com/en/company/flutter-entertainment/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-flutter-entertainment-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Flutter Entertainment R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/flutter-entertainment/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001635327-26-000005 · February 26, 2026

{{cite web |title=Flutter Entertainment R&D expense — 10-K (0001635327-26-000005) |url=https://www.sec.gov/Archives/edgar/data/1635327/000163532726000005/flut-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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