7. (LOSS) EARNINGS PER SHARE The following table sets forth the computation of the Group’s basic and diluted net earnings per ordinary share attributable to the Group: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | ($ in millions except per share amounts) | 2026 | | 2025 | | 2026 | | 2025 | | Numerator | | | | | | | | | Net (loss) income | (296) | | | 37 | | | (87) | | | 372 | | | Net (loss) income attributable to non-controlling interests and redeemable non-controlling interests | (24) | | | 12 | | | (31) | | | 15 | | | Adjustment of redeemable non-controlling interest to redemption value | 2 | | | (80) | | | — | | | (31) | | | Net (loss) income attributable to Flutter shareholders – basic and diluted | (274) | | | 105 | | | (56) | | | 388 | | | | | | | | | | | Denominator | | | | | | | | | Basic weighted average outstanding shares | 175 | | 177 | | 175 | | 177 | | Effective of dilutive stock awards | — | | | 2 | | | — | | | 2 | | | Diluted weighted average outstanding shares | 175 | | 179 | | 175 | | 179 | | | | | | | | | | Earnings per share | | | | | | | | | Basic | $ | (1.57) | | | $ | 0.59 | | | $ | (0.32) | | | $ | 2.19 | | | Diluted | $ | (1.57) | | | $ | 0.59 | | | $ | (0.32) | | | $ | 2.17 | |
The number of options and restricted shares excluded from the diluted weighted average number of ordinary shares calculation due to their effect being anti-dilutive, as the assumed proceeds were greater than the average market price, was 332,754 and 626,665 for the three and six months ended June 30, 2026, respectively (nil for the three and six months ended June 30, 2025).
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