Company / R&D Expense
Flutter Entertainment plc R&D Expense History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$991.0M
FY2025
5-year range
$552.0M / $991.0M
FY2022-FY2025
Trend
+20.9%
vs FY2024
Sector context
#35 of 248
Information Technology
What the data says
Flutter Entertainment plc's r&d expense of $991M is higher than 86% of companies in the Information Technology sector (FY2025). R&D Expense has increased for 3 consecutive years, from $552M in FY2022 to $991M in FY2025.
Based on SEC 10-K filings.
$991M in FY2025 with a 3-year CAGR of +21.5%. Top quartile in the Information Technology sector.
Improved from $765M to $991M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +21.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
+5.3% above sector average
Key checks
Key Insights
- Flutter Entertainment plc's r&d expense has grown for 3 consecutive years.
- 3-year CAGR of +21.5%, indicating consistent growth.
- In FY2025, r&d expense increased 20.9% year-over-year.
- Ranks #35 out of 248 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $991.0M | +20.9% |
| FY2024 | $820.0M | +7.2% |
| FY2023 | $765.0M | +38.6% |
| FY2022 | $552.0M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026