Brightstar Lottery PLC (BRSL) Income Statement
BRSL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBRSL revenue and net income
Where BRSL's revenue goes
2025Each bar shows an amount and its share of revenue. BRSL kept 5.9% of revenue as net income.
BRSL profit margins
BRSL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.0% | −1.1% | −4.2% | — |
| Gross profit | −5.0% | +1.9% | +2.2% | — |
| Operating income | +21.0% | +5.6% | +30.0% | — |
| Net income | −57.8% | −18.8% | — | — |
| EPS (diluted) | −8.8% | −21.1% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BRSL quarterly EPS vs estimates
Brightstar Lottery beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.02).
BRSL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $2.51B | $2.51B | $2.53B | $2.60B | $4.09B | $3.12B |
| Cost of revenue | $1.24B | $1.18B | $1.16B | $1.40B | $2.13B | $1.98B |
| Gross profit | $1.27B | $1.33B | $1.37B | $1.20B | $1.96B | $1.14B |
| Research & development | $47.0M | $43.0M | $36.0M | $45.0M | $238.0M | $190.9M |
| Sales, general & admin | $338.0M | $357.0M | $355.0M | $400.0M | $810.0M | — |
| Total operating expenses | $385.0M | $604.0M | $606.0M | $448.0M | $1.06B | $897.8M |
| Operating income | $882.0M | $729.0M | $766.0M | $749.0M | $902.0M | $237.9M |
| Interest income | $31.0M | $9.0M | $10.0M | $8.0M | $13.0M | — |
| Interest expense | $203.0M | $214.0M | $217.0M | $224.0M | $355.0M | $417.9M |
| Income before taxes | $300.0M | $521.0M | $488.0M | $772.0M | $529.0M | −$847.7M |
| Income taxes | $165.0M | $250.0M | $223.0M | $212.0M | $274.0M | $27.7M |
| Net income | $147.0M | $348.0M | $156.0M | $275.0M | $482.0M | −$897.9M |
| EBITDA | $1.10B | $1.14B | $1.12B | $1.42B | $1.41B | $136.4M |
| EPS (diluted) | $0.93 | $1.02 | $2.02 | $1.89 | $1.07 | −$0.49 |
| Gross margin | 50.5% | 53.1% | 54.3% | 46.1% | 47.9% | 36.5% |
| Operating margin | 35.1% | 29.0% | 30.3% | 28.8% | 22.1% | 7.6% |
| Net margin | 5.9% | 13.9% | 6.2% | 10.6% | 11.8% | −28.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $584.0M | $587.0M | $668.0M | $629.0M | $630.0M | $583.0M | $652.0M | $586.0M | $613.0M | $661.0M | $681.0M |
| Cost of revenue | $310.0M | $366.0M | $339.0M | $307.0M | $356.0M | $327.0M | $366.0M | $283.0M | $326.0M | $330.0M | $366.0M |
| Gross profit | $274.0M | $221.0M | $329.0M | $322.0M | $274.0M | $256.0M | $286.0M | $303.0M | $287.0M | $331.0M | $315.0M |
| Research & development | $14.0M | $14.0M | $13.0M | $11.0M | $12.0M | $11.0M | $11.0M | $12.0M | $11.0M | $11.0M | $10.0M |
| Sales, general & admin | $81.0M | $80.0M | $82.0M | $73.0M | $100.0M | $104.0M | $93.0M | $101.0M | $199.0M | $102.0M | — |
| Total operating expenses | $153.0M | $94.0M | $95.0M | $139.0M | $115.0M | $118.0M | $106.0M | $193.0M | $108.0M | $112.0M | $105.0M |
| Operating income | $121.0M | $127.0M | $234.0M | $183.0M | $159.0M | $138.0M | $180.0M | $110.0M | $179.0M | $219.0M | $210.0M |
| Interest income | $2.0M | $5.0M | — | — | $4.0M | $3.0M | $2.0M | $2.0M | $5.0M | $6.0M | — |
| Interest expense | $51.0M | $43.0M | $73.0M | $36.0M | $49.0M | $49.0M | $48.0M | $53.0M | $53.0M | $53.0M | $54.0M |
| Income before taxes | $63.0M | $92.0M | $120.0M | $134.0M | −$10.0M | $56.0M | $206.0M | $15.0M | $127.0M | $173.0M | $88.0M |
| Income taxes | $7.0M | $29.0M | $28.0M | $40.0M | $50.0M | $48.0M | $89.0M | $61.0M | $43.0M | $57.0M | $15.0M |
| Net income | $33.0M | $37.0M | $61.0M | $117.0M | −$58.0M | $27.0M | $218.0M | $7.0M | $42.0M | $82.0M | −$8.0M |
| EBITDA | $272.0M | $289.0M | $303.0M | $278.0M | $146.0M | $207.0M | $355.0M | $169.0M | $280.0M | $325.0M | $244.0M |
| EPS (diluted) | $0.11 | $0.14 | $0.36 | $0.36 | $0.12 | $0.09 | $0.22 | −$0.02 | $0.36 | $0.46 | $0.56 |
| Gross margin | 46.9% | 37.6% | 49.3% | 51.2% | 43.5% | 43.9% | 43.9% | 51.7% | 46.8% | 50.1% | 46.3% |
| Operating margin | 20.7% | 21.6% | 35.0% | 29.1% | 25.2% | 23.7% | 27.6% | 18.8% | 29.2% | 33.1% | 30.8% |
| Net margin | 5.7% | 6.3% | 9.1% | 18.6% | −9.2% | 4.6% | 33.4% | 1.2% | 6.9% | 12.4% | −1.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BRSL's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BRSL financial results
In fiscal year 2025 (ended December 31, 2025), Brightstar Lottery reported revenue of $2.5 billion, down 0.0% from the year before. It had net income of $147.0 million (down 57.8%), a net profit margin of 5.9%. Diluted earnings per share came to $0.93. Over five years revenue grew at an average rate of −4.2% a year.
See the BRSL stock overview for the latest quote and news, or the BRSL chart for price history and technical indicators.
BRSL income statement FAQ
What is Brightstar Lottery's annual revenue?
Brightstar Lottery reported total revenue of $2.5 billion for fiscal year 2025, which ended on December 31, 2025. That was down 0.0% from $2.5 billion the previous year.
Is Brightstar Lottery profitable?
Yes. Brightstar Lottery reported net income of $147.0 million in fiscal 2025, a net profit margin of 5.9%; its operating margin was 35.1%.
What is Brightstar Lottery's gross margin?
Brightstar Lottery's gross margin was 50.5% in fiscal 2025: for every $100 of revenue, Brightstar Lottery kept $50 after the direct cost of its products and services.
How much does Brightstar Lottery spend on research and development?
Brightstar Lottery spent $47.0 million on research and development in fiscal 2025, 1.9% of revenue.
How fast is Brightstar Lottery growing?
Revenue grew −4.2% a year on average over the last five fiscal years, from $3.1 billion to $2.5 billion.
What are Brightstar Lottery's earnings per share?
Brightstar Lottery earned $0.93 per diluted share in fiscal 2025, compared with $1.02 a year earlier.
When will Brightstar Lottery report its next earnings?
Brightstar Lottery is expected to report results for the quarter ending September 30, 2026 on November 3, 2026.
When does Brightstar Lottery's fiscal year end?
Brightstar Lottery's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.