EarningsQ2 2026 Earnings Report
DE:6GI Q2 2026 EPS Results
Actual EPS€0.33
Consensus EPS€0.42
Beat/MissMissed by -€0.09
One Year Ago EPS€0.37
DE:6GI Q2 2026 Revenue Results
Actual Revenue€2.98B
Expected Revenue€844.05M
Beat/MissBeat by +€2.14B
YoY Revenue Growth-3.14%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeBefore Open
Conference CallThursday, August 13, 2026
DE:6GI Upcoming Earnings
Entain plc's next earnings date is estimated for March 11, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
No earnings call audio is available for this earnings event.
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a clear net-positive operational performance: consistent online momentum, strong market-level wins (notably U.K., Australia, Spain, Canada and New Zealand), improved cash generation and concrete strategic actions (CEE divestment, GBP 100m cost savings target, CapEx discipline). However, material headwinds remain — notably the sharp U.K. tax increase (GBP 56m H1 EBITDA impact), sports margin volatility, marketing cost phasing, ongoing challenges in Brazil, and elevated net debt/leverage. Management has reiterated guidance and outlined credible mitigation and value-unlocking measures (cost savings, asset sale proceeds to reduce debt and targeted reinvestment), so while near-term risks are real, the balance of evidence points to operational resilience and a constructive medium-term trajectory.Company Guidance
Consistent Online Momentum
Online NGR (continuing operations) up 7% with volume growth of 9%; marks ninth consecutive quarter of online growth despite tough comparatives.
Strong U.K. & Ireland Performance
U.K. & Ireland NGR and volumes both up 13% (double-digit growth from Gaming and Sports); sportsbook +11% and Gaming +13%; taking market share despite higher U.K. tax.
Solid Group EBITDA and Earnings Resilience
Group EBITDA (continuing operations, including GBP 7m BetMGM parent fee) of GBP 479m; reported EBITDA down 2% year-on-year but ahead of expectations; EPS excluding CEE 20.3p.
Improving Cash Generation and Dividend
Adjusted cash flow (continuing operations) improved — reported GBP 43m (up GBP 38m year-on-year) and adjusted cash flow including current CEE share GBP 77m; interim dividend increased 5% to 10.3p per share.
Market-Level Outperformance
Australia +13%; Spain, New Zealand and Canada delivered double-digit growth; CEE online rebounded to +16% in Q2 (included for clarity) during World Cup; retail like-for-like NGR +3% and group retail H1 +1%.
World Cup & Product Engagement Wins
First-time deposits during the World Cup were double those in the previous World Cup; Bet Builder stakes share during the World Cup more than doubled prior levels; enhanced Bet Builder and Betstation adoption (Betstation >50% of Sports NGR).
Strategic and Operational Actions to Unlock Value
Announced phased 20% divestment of Entain CEE for EUR 425m; cost optimization program targeting GBP 100m net annualized run-rate savings by end-2027; removal of 500 roles and tightened FY'26 CapEx guidance; reiterated target of GBP 500m adjusted cash flow by 2028 and Online margin guidance of 21%-22%.
Technology, AI and Loyalty Initiatives
Deployment of AI-supported bonus optimization, generative AI video creative, predictive churn models and loyalty program rollouts (piloted in Canada, launched in Brazil) improving marketing efficiency and customer engagement.
DE:6GI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed