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.

Symbol
BRSL
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Gambling
Market cap
$1.90B
52 week range
9.9 - 18.57

Valuation

Share price
$10.26 (close of 2026-09-23)
P/E (TTM)
13.77x
Price to book
1.20x
Price to free cash flow
-4.59x
Enterprise value
$4.73B
Book value per share
$8.51

Price performance

PeriodChange
1 day-0.19%
5 days-3.02%
1 month-15.21%
3 months-5.18%
6 months-21.38%
Year to date-33.72%
1 year-39.79%
3 years-66.83%
5 years-56.56%
10 years-58.55%
All time+1993.88%

Profitability and growth

Return on equity
9.25%
Return on assets
1.61%
Net margin
5.85%
EBITDA margin
28.08%
Revenue growth
-0.04%
Net income growth
-57.76%
Free cash flow growth
-146.06%

Cash flow and balance sheet

Free cash flow yield (TTM)
-21.80%
Current ratio
0.76x
Net debt to EBITDA
2.99x

Latest reported year

Period end
2025-12-31
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 endRevenueGross profitNet incomeEPS
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$4.36B$-1.07B$-5.26
2016-12-31$5.15B$4.57B$211.34M$1.05

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-5.85%9.25%-
2024-12-3143.23%13.85%16.89%6.28%
2023-12-3145.20%6.17%7.99%7.32%
2022-12-3145.75%10.59%13.90%7.16%
2021-12-3147.69%11.79%24.45%7.66%
2020-12-3125.39%-28.83%-57.53%-1.16%
2019-12-3139.53%-0.47%-0.76%3.38%
2018-12-3139.75%-0.54%-0.78%3.14%
2017-12-3188.27%-21.64%-45.38%-0.26%
2016-12-3188.70%4.10%6.17%5.47%

Cash and debt by year

Period endCashDebt
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 endFree cash flowStock-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
2026-08-18
Paid in the last twelve months
$0.91
Payment dateDividend 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
2026-11-03
Consensus EPS estimate
$0.02

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026-
2026-05-12--
2026-02-24--
2025-11-04--
2025-07-29--
2025-05-13--
2025-02-25--
2024-11-12--

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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