Brightstar Lottery PLC (BRSL)
Brightstar Lottery PLC provides lottery solutions in the United States, Italy, rest of Europe, and internationally. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and the lottery authority; operates and provides lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services, as well as lottery management services; instant lottery systems; and iLottery, a platform that provides access to eInstant and draw games. It also processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, stamp duty, and money transfer services; sells additional machines and central computers to expand existing systems or replace existing equipment; and licenses related software. In addition, the company provides marketing services, such as retail optimization and lottery brand awareness campaigns; telephone support, software and hardware maintenance, software development, and other professional services; and ancillary maintenance and support services for systems, equipment, and software. The company was formerly known as International Game Technology PLC and changed its name to Brightstar Lottery PLC in July 2025. Brightstar Lottery PLC was founded in 1976 and is headquartered in London, the United Kingdom.
- Ticker
- BRSL
- Exchange
- NYSE
- Sector
- Consumer Cyclical
- Industry
- Gambling
- Market cap
- $1.85B
- 52-week range
- $9.10 - $17.12
Valuation
- Share price
- $9.90 (close of Nov 6, 2026)
- P/E (TTM)
- 13.38x
- Price to book
- 1.16x
- Price to free cash flow
- -4.46x
- Enterprise value
- $4.68B
- Book value per share
- $8.51
Price performance
| Period | Change |
|---|---|
| 1 day | -1.20% |
| 5 days | +2.59% |
| 1 month | -3.04% |
| 3 months | -10.57% |
| 6 months | -21.80% |
| Year to date | -36.05% |
| 1 year | -40.61% |
| 3 years | -65.03% |
| 5 years | -68.86% |
| 10 years | -64.25% |
| All time | +1,911.43% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 5.55%
- Shares short
- 9.94M
- Days to cover
- 5.02
- Change since prior report
- +4.27%
- Source
- FINRA consolidated short interest
Profitability and growth
- Return on equity
- 9.25%
- Return on invested capital
- 5.22%*
- Return on assets
- 1.61%
- Return on capital employed
- 7.74%*
- Net margin
- 5.85%
- EBITDA margin
- 28.08%
- Revenue growth
- -0.04%
- Net income growth
- -57.76%
- Free cash flow growth
- -146.06%
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.
Cash flow and balance sheet
- Free cash flow yield (TTM)
- -22.43%
- Current ratio
- 0.76x
- Net debt to EBITDA
- 2.99x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $2.51B
- EBITDA
- $705.00M
- Net income
- $147.00M
- Earnings per share
- $0.74
- Research and development
- $47.00M
- Interest expense
- $172.00M
- Shares outstanding
- 197.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $2.51B | - | $147.00M | $0.74 |
| 2024-12-31 | $2.51B | $1.09B | $348.00M | $1.73 |
| 2023-12-31 | $2.53B | $1.14B | $156.00M | $0.78 |
| 2022-12-31 | $2.60B | $1.19B | $275.00M | $1.36 |
| 2021-12-31 | $4.09B | $1.95B | $482.00M | $2.35 |
| 2020-12-31 | $3.12B | $791.00M | -$898.00M | -$4.39 |
| 2019-12-31 | $4.03B | $1.59B | -$19.00M | -$0.09 |
| 2018-12-31 | $3.98B | $1.58B | -$21.35M | -$0.10 |
| 2017-12-31 | $4.94B | $1.08B | -$1.07B | -$5.26 |
| 2016-12-31 | $5.15B | $1.95B | $211.34M | $1.05 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | - | 5.85% | 9.25% | 5.22%* |
| 2024-12-31 | 43.23% | 13.85% | 16.89% | 5.79% |
| 2023-12-31 | 45.20% | 6.17% | 7.99% | 6.84% |
| 2022-12-31 | 45.75% | 10.59% | 13.90% | 6.63% |
| 2021-12-31 | 47.69% | 11.79% | 24.45% | 7.10% |
| 2020-12-31 | 25.39% | -28.83% | -57.53% | -1.05% |
| 2019-12-31 | 39.53% | -0.47% | -0.76% | 3.18% |
| 2018-12-31 | 39.75% | -0.54% | -0.78% | 3.06% |
| 2017-12-31 | 21.83% | -21.64% | -45.38% | -0.24% |
| 2016-12-31 | 37.83% | 4.10% | 6.17% | 5.33% |
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $1.45B | $4.06B |
| 2024-12-31 | $584.00M | $5.15B |
| 2023-12-31 | $508.00M | $5.66B |
| 2022-12-31 | $590.00M | $5.69B |
| 2021-12-31 | $591.00M | $6.48B |
| 2020-12-31 | $907.00M | $7.86B |
| 2019-12-31 | $654.63M | $7.60B |
| 2018-12-31 | $250.67M | $7.98B |
| 2017-12-31 | $1.06B | $7.78B |
| 2016-12-31 | $294.09M | $7.86B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | -$415.00M | $15.00M |
| 2024-12-31 | $901.00M | $38.00M |
| 2023-12-31 | $865.00M | $34.00M |
| 2022-12-31 | $737.00M | $34.00M |
| 2021-12-31 | $740.00M | $35.00M |
| 2020-12-31 | $611.00M | -$7.00M |
| 2019-12-31 | $716.00M | $27.00M |
| 2018-12-31 | -$442.65M | $33.09M |
| 2017-12-31 | -$34.62M | $4.70M |
| 2016-12-31 | -$203.89M | $26.35M |
Dividend history
- Most recent payment
- Aug 18, 2026
- Paid in the last twelve months
- $0.91
| Payment date | Dividend per share |
|---|---|
| 2026-08-18 | $0.23 |
| 2026-05-28 | $0.23 |
| 2026-03-10 | $0.23 |
| 2025-11-18 | $0.22 |
| 2025-08-12 | $0.20 |
| 2025-07-14 | $3.00 |
| 2025-05-29 | $0.20 |
| 2025-03-11 | $0.20 |
Investor relations
Next earnings report
- Next confirmed report
- Nov 10, 2026
- Consensus EPS estimate
- $0.02
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-08-04 | Jun 2026 | -$0.01 |
| 2026-05-12 | Mar 2026 | $0.19 |
| 2026-02-24 | Dec 2025 | $0.29 |
| 2025-11-04 | Sep 2025 | $0.21 |
| 2025-07-29 | Jun 2025 | $0.17 |
| 2025-05-13 | Mar 2025 | $0.14 |
| 2025-02-25 | Dec 2024 | $0.32 |
| 2024-11-12 | Sep 2024 | $0.22 |
Filings and sources
- Company website
- brightstarlottery.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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