Pricing Log in Create free account
Friday 6 November 2026 Export BRSL’s income statement to Excel — free account

Brightstar Lottery

BRSL Consumer Cyclical Gambling

Brightstar Lottery’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, roughly unchanged from fiscal 2024.

Revenue
−7.45%
EPS
+162.1%
Free cash flow
−719.1%
Total debt
−33.5%

Quarter to June 2026, against a year earlier

9.99 0.13 −1.28%
Market cap
$1.8B
P/E
7.7×
Fwd P/E
17.2×
Dividend yield
9.11%
F-score
4/9
Altman Z
0.57
Beneish M
−1.86
Dividend safety
12/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 48.84%

Capital & Financial Ratios $m

Size
Market Cap 1,840.00
Revenue ttm 2,468.00
Net income ttm 366.00
Free cash flow ttm (2,221.00)
Net debt Q 3,775.00
Valuation
P/E 7.68
Forward P/E 17.20
Price / sales 0.75
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.92
Financial health
Current ratio Q 1.10
Debt / equity Q 2.16 (above 2: weak)
Interest coverage Q 2.35
Growth
Revenue growth Q −7.45% (below 0%: shrinking)
Operating income growth Q −19.58% (below 0%: shrinking)
EPS, this year −42.24% (below 0%: weak)
EPS, next year A +44.60% (at or above 15%: strong)
Revenue, next year A −1.15% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −3.40% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.4×, against a ten-year median of 2.5×; over the ten years it ranged from 1.9× in 2026 to 3.6× in 2021.
P/E against its own 10 years 1.51%
10-year low 10-year high
P/S against its own 10 years 24.06%
10-year low 10-year high
P/B against its own 10 years 5.46%
10-year low 10-year high
EV/Sales against its own 10 years 37.04%
10-year low 10-year high

Dividends

Yield
9.11%
Annual rate
0.91
Payout ratio
70.0%
Growth, 2017–25
+0.31%/yr
  1. 0.80 ’17
  2. 0.80 ’18 +0
  3. 0.80 ’19 +0
  4. 0.20 ’20 −75
  5. 0.20 ’21 +0
  6. 0.80 ’22 +300
  7. 0.80 ’23 +0
  8. 0.80 ’24 +0
  9. 0.82 ’25 +2
  10. 0.92 ’26e +12
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 654 704 1,500 579
Receivables 403 468 526 466
Inventory 110 113 116 132
Other 141 114 193 186
2,123 6,165 2,336 1,363
2023 2024 2025 Q'26
Payables 643 718 766 687
ST’ Debt — 208 118 —
Other 561 619 508 550
1,691 2,687 3,072 1,237

Compound Annual Growth %

10y 5y 3y
Sales (6.05%) (4.22%) (15.92%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% (18.84%)
Book Value (7.23%) 0.37% (7.04%)

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 0.02 Actual 0.11

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Sep 2025 0.21 0.36 Beat by 0.15
Dec 2025 0.29 0.36 Beat by 0.07
Mar 2026 0.19 0.14 Miss by 0.05
Jun 2026 0.02 0.11 Beat by 0.09
Sep 2026 0.04 — Reports 10 November 2026

EPS $

Mar Jun Sep Dec Year
’26 0.20 0.18 — — —
’25 0.13 (0.29) 0.60 0.32 0.74
’24 0.40 0.20 0.04 1.07 1.71
’23 0.11 0.23 0.46 (0.04) 0.77
’22 0.39 (0.02) 1.30 (0.32) 1.35
’21 0.44 1.49 0.31 0.09 2.33
’20 (1.21) (1.37) (0.62) (1.18) (4.39)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 587 584 — — —
’25 583 631 629 668 2,511
’24 661 613 587 651 2,512
’23 1,060 1,055 601 1,130 2,529
’22 1,051 1,021 1,060 1,093 4,225
’21 1,015 1,041 984 1,049 4,089
’20 814 600 816 885 3,115
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 165 (1,339) — — —
’25 240 334 (486) (187) (99)
’24 120 343 261 326 1,050
’23 311 34 296 399 1,040
’22 189 196 236 278 899
’21 215 254 113 396 978
’20 157 168 285 256 866
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 55 (1,461) — — —
’25 164 236 (551) (264) (415)
’24 85 304 231 281 901
’23 217 (65) 385 356 893
’22 116 116 178 194 604
’21 173 186 70 332 761
’20 78 112 222 208 620
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 5,154 4,939 4,831 4,032 3,115 4,089 4,225 2,529 2,512 2,511 2,468 (7.7%) 2,482 2,570 2,655 +1.9%
Gross margin, % 39.16 36.58 39.11 42.08 36.44 47.88 47.34 47.84 53.07 50.46 48.54 +11.3 pt
EBT 323 (977) 304 128 (848) 529 589 488 521 299 408 (0.9%)
EBT margin, % 6.28 (19.78) 6.29 3.17 (27.22) 12.94 13.94 19.30 20.74 11.91 16.53 +5.6 pt
Net income 264 (948) 115 (3) (839) 670 414 307 508 287 366 +0.9%
Per share, $
Per share, $ Revenue 25.58 24.31 23.67 19.73 15.22 19.95 20.92 12.65 12.44 12.75 13.34 (7.4%)
Earnings 1.05 (5.26) (0.10) (0.09) (4.39) 2.35 1.36 0.78 1.73 0.74 1.30 (3.8%)
Cash flow 1.40 3.27 0.15 5.35 4.23 4.77 4.45 5.20 5.20 (0.50) (9.98) n/m
Capex (1.77) (2.61) (2.52) (1.24) (1.20) (1.06) (1.46) (0.73) (0.74) (1.60) (2.02) (1.1%)
Free cash flow (0.37) 0.65 (2.37) 4.11 3.03 3.71 2.99 4.47 4.46 (2.11) (12.01) +21.3%
Book value 17.00 11.59 13.48 12.16 7.62 9.62 9.80 9.76 10.20 8.07 10.92 (7.9%)
Shares, m 202 203 204 204 205 205 202 200 202 197 191 (0.3%)
Valuation, ×
Valuation, × P/E 24.66 0.00 0.00 0.00 0.00 12.25 16.58 35.13 10.15 20.37 7.68 11.9
P/S 1.00 1.10 0.62 0.76 1.11 1.45 1.08 1.42 1.42 1.21 0.75 1.1
P/B 1.51 2.31 1.09 1.23 2.22 3.01 2.30 2.81 1.73 1.92 0.92 2.0
EV/Sales 2.42 2.53 2.29 2.54 3.41 2.86 2.26 2.81 3.27 2.28 2.37 2.7
EV/FCF (166.96) 94.16 (22.82) 12.20 17.12 15.35 15.84 12.11 9.13 (13.80) (2.63) (2.8)
Cash, $m
Cash, $m Operating cash flow 281 663 30 1,093 866 978 899 1,040 1,050 (99) (1,847) n/m
Capex (356) (531) (514) (253) (246) (217) (295) (147) (149) (316) (374) (1.3%)
Free cash flow (75) 133 (484) 840 620 761 604 893 901 (415) (2,221) +21.0%
Balance, $m
Balance, $m Working capital (52) (612) 285 166 825 573 283 432 3,478 (736) 126 +34.2%
Net debt 7,322 7,071 7,500 7,187 7,144 5,759 5,011 5,001 4,657 2,678 3,775 (10.6%)
Shareholders’ equity 3,426 2,355 2,752 2,485 1,561 1,971 1,979 1,952 2,061 1,590 2,020 (8.2%)
Returns, %
Returns, % ROA 1.40 (7.07) (0.15) (0.14) (6.74) 3.96 2.53 1.49 3.36 1.51 2.57 +0.1 pt
ROIC 3.84 (0.34) 3.94 3.09 (0.78) 7.30 8.23 6.77 6.42 9.27 6.38 +5.4 pt
ROE 6.22 (36.97) (0.84) (0.73) (44.39) 27.29 13.92 7.93 17.34 8.05 12.30 +1.8 pt
People
People Employees 12,613 12,278 12,100 11,922 11,048 10,486 10,786 11,016 11,019 5,815 — (8.2%)
Revenue/emp, $m 0.41 0.40 0.40 0.34 0.28 0.39 0.39 0.23 0.23 0.43 — +0.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 24 Oct 2026

Brightstar Lottery vs peers in Gambling (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DKNG DraftKings Inc. $20.9B — (loss-making) — (loss-making) −4.58% (below 0%: shrinking) n/m −51.62% (below 0%: shrinking) 38.21% (4.72%) Compare
FLUT Flutter Entertainment PLC $14.4B — (loss-making) — (loss-making) +2.11% (above 0%: growing) n/m +664.00% (above 0%: growing) 39.18% (30.74%) Compare
LNWO Light & Wonder, Inc. $7.0B 21.8× 16.5× −2.02% (below 0%: shrinking) +27.01% (above 0%: growing) +124.76% (above 0%: growing) 75.61% 29.37% Compare
CHDN Churchill Downs, Incorporated $6.7B 15.2× 14.0× +1.90% (above 0%: growing) +111.65% (above 0%: growing) +252.66% (above 0%: growing) 29.74% 20.55% Compare
SGHC Super Group (SGHC) Limited $5.9B 14.0× 12.7× +9.69% (above 0%: growing) +46.95% (above 0%: growing) −17.12% (below 0%: shrinking) 100.00% 27.66% Compare
RSI Rush Street Interactive, Inc. $2.7B 24.3× 30.9× +38.84% (above 0%: growing) +313.00% (above 0%: growing) +90.25% (above 0%: growing) 36.39% 11.05% Compare
BRSL Brightstar Lottery $1.8B 7.7× 17.2× −7.45% (below 0%: shrinking) n/m −719.07% (below 0%: shrinking) 46.92% 19.69%
ACEL Accel Entertainment, Inc. $1.1B 17.6× 16.1× +10.27% (above 0%: growing) +57.13% (above 0%: growing) +79.67% (above 0%: growing) 31.38% 7.92% Compare
CDRO Codere Online Luxembourg, S.A. $387.0M — (loss-making) — +232.74% (above 0%: growing) +94.12% (above 0%: growing) +7,111.62% (above 0%: growing) 47.71% 0.00% Compare
Median of peers $6.3B 17.6× 16.1× +5.90% +75.63% +107.51% 38.70% 9.49%

All 15 Gambling stocks →

Brightstar Lottery (BRSL) Latest News

28 Oct

Impact 4 ·
Impact 3 · · Zacks

7 Oct

Impact 4 · · Simply Wall St.

11 Aug

Impact 3 · · The Motley Fool transcript

4 Aug

Impact 3 · · MarketBeat

13 May

Impact 3 · · Moby transcript

12 May

Impact 4 · · The Motley Fool transcript
Impact 4 · · GuruFocus.com

1 Mar

Impact 4 · · Insider Monkey

28 Feb

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

24 Feb

Impact 4 ·
Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript

20 Feb

Impact 4 · · The Motley Fool

13 Feb

Impact 3 · · Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Insider Monkey

3 Feb

Impact 4 · · Insider Monkey

8 Jan

Impact 4 · · Simply Wall St.

24 Dec

Impact 4 · · TipRanksSimply Wall St.South Florida Sun SentinelSimply Wall St.MT NewswiresSourcing Journal

20 Dec

Impact 4 · · The Motley Fool

16 Dec

Impact 4 · · ZacksZacks

12 Dec

Impact 3 · · Simply Wall St.MT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresZacks

10 Dec

Impact 3 · · Zacks

4 Nov

Impact 4 · · GuruFocus.com transcript

1 Aug

Impact 3 · · Simply Wall St.

30 Jul

Impact 4 ·

1 Jul

Impact 4 ·
Impact 4 · · GlobeNewswire

21 Jun

Impact 3 · · Simply Wall St.

25 May

Impact 3 · · Simply Wall St.
stockrow.com/BRSL · Data as of Oct 24, 2026 · For information only; not investment advice. · © 2026 stockrow.com