Flutter Entertainment plc (FLUT) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

Swipe to see the full flow
Flutter Entertainment plc cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Depreciation and amortization → operating reconciliation: $399,000,000.00Other liabilities → operating reconciliation: $328,000,000.00Share-based compensation – equity classified → operating reconciliation: $67,000,000.00Non-cash operating lease expense → operating reconciliation: $46,000,000.00Player deposit liability → operating reconciliation: $31,000,000.00Unrealized foreign currency exchange loss (gain), net → operating reconciliation: $28,000,000.00Accounts receivable → operating reconciliation: $24,000,000.00Player deposits - investments → operating reconciliation: $18,000,000.00Loss on disposals → operating reconciliation: $4,000,000.00Share-based compensation – liability classified → operating reconciliation: $1,000,000.00operating reconciliation → Net cash from operating activities: $363,000,000.00operating reconciliation → Net (loss) income: $296,000,000.00operating reconciliation → Accounts payable: $85,000,000.00operating reconciliation → Non-cash interest expense, net: $58,000,000.00operating reconciliation → Deferred tax (benefit) expense: $53,000,000.00operating reconciliation → Operating leases liabilities: $45,000,000.00operating reconciliation → Other (income) expense, net: $40,000,000.00operating reconciliation → Prepaid expenses and other current assets: $6,000,000.00Cash settlement of derivatives designated in net investment hedge → investing reconciliation: $4,000,000.00investing reconciliation → Capitalized software: $135,000,000.00investing reconciliation → Purchases of intangible assets: $25,000,000.00investing reconciliation → Purchases of property and equipment: $14,000,000.00Net cash used in financing activities → financing reconciliation: $55,000,000.00Proceeds from issuance of long-term debt (net of transactions costs with lenders) → financing reconciliation: $406,000,000.00Proceeds from issue of ordinary share upon exercise of options → financing reconciliation: $2,000,000.00financing reconciliation → Repayment of long-term debt: $311,000,000.00financing reconciliation → Repurchase of ordinary shares and taxes withheld and paid on employee share awards: $129,000,000.00financing reconciliation → Purchases of intangible assets with extended payment terms: $15,000,000.00financing reconciliation → Distributions to non-controlling interests: $8,000,000.00Net cash used in investing activities → investing reconciliation: $170,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $3,505,000,000.00Net cash from operating activities → Cash sources and uses: $363,000,000.00Cash sources and uses → Difference in the filed cash totals (calculated): $22,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,621,000,000.00Cash sources and uses → Net cash used in investing activities: $170,000,000.00Cash sources and uses → Net cash used in financing activities: $55,000,000.00Net (loss) income: -$296,000,000.00Net (loss) income−$296.00 MDepreciation and amortization: $399,000,000.00Depreciation & amortization+$399.00 MNon-cash interest expense, net: -$58,000,000.00Non-cash interest expense, net−$58.00 MNon-cash operating lease expense: $46,000,000.00Operating lease amortization+$46.00 MUnrealized foreign currency exchange loss (gain), net: $28,000,000.00Unrealized FX gain & loss+$28.00 MLoss on disposals: $4,000,000.00Disposal group gain & loss+$4.00 MShare-based compensation – equity classified: $67,000,000.00Stock-based compensation+$67.00 MShare-based compensation – liability classified: $1,000,000.00Liability-classified stock comp+$1.00 MOther (income) expense, net: -$40,000,000.00Other non-cash items−$40.00 MDeferred tax (benefit) expense: -$53,000,000.00Deferred income taxes−$53.00 MPlayer deposits - investments: $18,000,000.00Player deposits - investments+$18.00 MAccounts receivable: $24,000,000.00Accounts receivable+$24.00 MPrepaid expenses and other current assets: -$6,000,000.00Prepaid & other assets−$6.00 MAccounts payable: -$85,000,000.00Trade payables−$85.00 MOther liabilities: $328,000,000.00Other operating liabilities+$328.00 MPlayer deposit liability: $31,000,000.00Player deposit liability+$31.00 MOperating leases liabilities: -$45,000,000.00Operating lease liabilities−$45.00 MLoss on extinguishment: $0.00Net cash from operating activities: $363,000,000.00Operating cash+$363.00 Moperating reconciliation: $946,000,000.00Proceeds from issue of ordinary share upon exercise of options: $2,000,000.00Stock option exercises+$2.00 MProceeds from issuance of long-term debt (net of transactions costs with lenders): $406,000,000.00Debt issued, net of costs+$406.00 MRepayment of long-term debt: -$311,000,000.00Long-term debt repaid−$311.00 MDistributions to non-controlling interests: -$8,000,000.00Noncontrolling dividends−$8.00 MPayment of contingent consideration: $0.00Repurchase of ordinary shares and taxes withheld and paid on employee share awards: -$129,000,000.00Common stock repurchases−$129.00 MTransaction costs with third parties from issuance of long-term debt: $0.00Purchases of intangible assets with extended payment terms: -$15,000,000.00Intangibles on extended terms−$15.00 MNet cash used in financing activities: -$55,000,000.00. Cash required to fund net payments.Financing cash−$55.00 Mfinancing reconciliation: $463,000,000.00Purchases of property and equipment: -$14,000,000.00PP&E purchases−$14.00 MPurchases of intangible assets: -$25,000,000.00Intangible asset purchases−$25.00 MCapitalized software: -$135,000,000.00Software spending−$135.00 MProceeds from disposal of intangible assets: $0.00Cash settlement of derivatives designated in net investment hedge: $4,000,000.00Derivatives, net+$4.00 MAcquisitions, net of cash acquired: $0.00Net cash used in investing activities: -$170,000,000.00. Cash required to fund net payments.Investing cash−$170.00 Minvesting reconciliation: $174,000,000.00Cash sources and uses: $3,868,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,505,000,000.00Beginning cash$3.51 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $3,621,000,000.00Ending cash$3.62 BDifference in the filed cash totals (calculated): -$22,000,000.00Filer's cash difference(calculated)−$22.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$296.00M + net operating adjustments $659.00M = operating cash +$363.00MFree cash flow$349.00 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$116.00 MEnding cash − beginning cash
Chart details

Flutter Entertainment plc cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
3,505,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
363,000,000 US dollars. Net cash provided.
Net (loss) income
negative 296,000,000 US dollars
Depreciation and amortization
399,000,000 US dollars
Non-cash interest expense, net
negative 58,000,000 US dollars
Non-cash operating lease expense
46,000,000 US dollars
Unrealized foreign currency exchange loss (gain), net
28,000,000 US dollars
Loss on disposals
4,000,000 US dollars
Share-based compensation – equity classified
67,000,000 US dollars
Share-based compensation – liability classified
1,000,000 US dollars
Other (income) expense, net
negative 40,000,000 US dollars
Deferred tax (benefit) expense
negative 53,000,000 US dollars
Player deposits - investments
18,000,000 US dollars
Accounts receivable
24,000,000 US dollars
Prepaid expenses and other current assets
negative 6,000,000 US dollars
Accounts payable
negative 85,000,000 US dollars
Other liabilities
328,000,000 US dollars
Player deposit liability
31,000,000 US dollars
Operating leases liabilities
negative 45,000,000 US dollars
Loss on extinguishment
0 US dollars
Investing activities
negative 170,000,000 US dollars. Net cash used.
Purchases of property and equipment
negative 14,000,000 US dollars
Purchases of intangible assets
negative 25,000,000 US dollars
Capitalized software
negative 135,000,000 US dollars
Proceeds from disposal of intangible assets
0 US dollars
Cash settlement of derivatives designated in net investment hedge
4,000,000 US dollars
Acquisitions, net of cash acquired
0 US dollars
Financing activities
negative 55,000,000 US dollars. Net cash used.
Proceeds from issue of ordinary share upon exercise of options
2,000,000 US dollars
Proceeds from issuance of long-term debt (net of transactions costs with lenders)
406,000,000 US dollars
Repayment of long-term debt
negative 311,000,000 US dollars
Distributions to non-controlling interests
negative 8,000,000 US dollars
Payment of contingent consideration
0 US dollars
Repurchase of ordinary shares and taxes withheld and paid on employee share awards
negative 129,000,000 US dollars
Transaction costs with third parties from issuance of long-term debt
0 US dollars
Purchases of intangible assets with extended payment terms
negative 15,000,000 US dollars
Operating adjustment reconciliation
946,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
463,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
174,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Difference in the filed cash totals (calculated)
negative 22,000,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Jun 30, 2026
3,621,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
3,868,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
116,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
363,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
14,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
349,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$296.00M + net operating adjustments $659.00M = operating cash +$363.00M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $22.00 M: its ending cash less its beginning cash does not equal its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 363,000,000 US dollars minus 14,000,000 US dollars equals 349,000,000 US dollars.
  • The filer's reported cash figures differ by $22.00 M: its ending cash less its beginning cash does not equal its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
Flutter Entertainment plc (FLUT) FY2026 Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!