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Flutter Entertainment vs Zoom Communications: revenue, profit, margins and growth compared

Flutter Entertainment brought in $16.4B of revenue in fiscal 2025, Zoom Communications $4.9B in fiscal 2026. Revenue changed by +16.6% at Flutter Entertainment and +4.4% at Zoom Communications on the year before, so Flutter Entertainment grew faster. Flutter Entertainment kept -1.9% of its revenue as net profit, Zoom Communications 39.0%. Free cash flow was $1.1B at Flutter Entertainment and $1.9B at Zoom Communications.

Side by side, latest fiscal year

FLUTZM
Fiscal year endedFY2025 (December 31, 2025)FY2026 (January 31, 2026)
Revenue$16.4B$4.9B
Revenue growth+16.6%+4.4%
Net income-$310M$1.9B
Net margin-1.9%39.0%
Free cash flow$1.1B$1.9B
Free cash flow margin6.6%39.5%
Earnings per share (diluted)-$1.75$6.18
Cash$1.8B$1.3B
Debt$12.3Bn/a
Price to earningsn/a14.5
Market value$14.6B$26.3B
Dividend yieldn/an/a
Rank by revenue in sector#43 of 530 · Technology#96 of 530 · Technology

Over the years

Revenue
FLUT FY2017: $1.2BFLUT FY2017: $1.3BFLUT FY2018: $2BFLUT FY2019: $2.5BFLUT FY2022: $9.5BFLUT FY2024: $11.8BFLUT FY2024: $14BFLUT FY2025: $16.4BZM FY2020: $330.5MZM FY2020: $622.7MZM FY2021: $2.7BZM FY2022: $4.1BZM FY2023: $4.4BZM FY2024: $4.5BZM FY2025: $4.7BZM FY2026: $4.9BFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
FLUT $16.4BZM $4.9B
Net income
FLUT FY2017: $136.1MFLUT FY2017: $259.2MFLUT FY2018: -$102.5MFLUT FY2019: $62.8MFLUT FY2022: -$432MFLUT FY2024: -$1.2BFLUT FY2024: $43MFLUT FY2025: -$310MZM FY2020: $7.6MZM FY2020: $25.3MZM FY2021: $672.3MZM FY2022: $1.4BZM FY2023: $103.7MZM FY2024: $637.5MZM FY2025: $1BZM FY2026: $1.9BFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
FLUT -$310MZM $1.9B
Net margin
FLUT FY2017: 11.8%FLUT FY2017: 19.8%FLUT FY2018: -5.0%FLUT FY2019: 2.5%FLUT FY2022: -4.6%FLUT FY2024: -10.4%FLUT FY2024: 0.3%FLUT FY2025: -1.9%ZM FY2020: 2.3%ZM FY2020: 4.1%ZM FY2021: 25.4%ZM FY2022: 33.6%ZM FY2023: 2.4%ZM FY2024: 14.1%ZM FY2025: 21.7%ZM FY2026: 39.0%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
FLUT -1.9%ZM 39.0%
Revenue growth
FLUT FY2017: +13.6%FLUT FY2018: +54.6%FLUT FY2019: +24.6%FLUT FY2024: +24.6%FLUT FY2024: +19.2%FLUT FY2025: +16.6%ZM FY2020: +88.4%ZM FY2021: +325.8%ZM FY2022: +54.6%ZM FY2023: +7.1%ZM FY2024: +3.1%ZM FY2025: +3.1%ZM FY2026: +4.4%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
FLUT +16.6%ZM +4.4%
Free cash flow
FLUT FY2017: $343.1MFLUT FY2017: $483.6MFLUT FY2018: $525.9MFLUT FY2019: $643.1MFLUT FY2022: $1BFLUT FY2024: $778MFLUT FY2024: $1.5BFLUT FY2025: $1.1BZM FY2020: $22.9MZM FY2020: $113.8MZM FY2021: $1.4BZM FY2022: $1.5BZM FY2023: $1.2BZM FY2024: $1.5BZM FY2025: $1.8BZM FY2026: $1.9BFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
FLUT $1.1BZM $1.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Flutter Entertainment and Zoom Communications

Which is bigger by revenue, Flutter Entertainment or Zoom Communications?

Flutter Entertainment is bigger by revenue: $16.4B in fiscal 2025, against $4.9B for Zoom Communications in fiscal 2026.

Which keeps more of its revenue as profit, Flutter Entertainment or Zoom Communications?

Flutter Entertainment had a net margin of -1.9% in fiscal 2025; Zoom Communications had 39.0% in fiscal 2026.

Which grew revenue faster, Flutter Entertainment or Zoom Communications?

In their latest fiscal years revenue changed by +16.6% at Flutter Entertainment and +4.4% at Zoom Communications.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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