Bragg Gaming (BRAG) Operating Margin (2020 - 2025)
Bragg Gaming (BRAG) posted quarterly Operating Margin of 0.32% for Q4 2025, up 209.0% year-on-year from 0.1% in Q4 2024, and up 92.91% on a QoQ basis from 4.48% in Q3 2025.
Bragg Gaming (BRAG) Operating Margin (2020 - 2025) Analysis & Trends
Bragg Gaming (BRAG) has reported Operating Margin for 6 consecutive years, with 0.32% the latest figure, recorded in Q4 2025.
- Quarterly Operating Margin rose 209.0% year-over-year to 0.32% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 5.01% (down 154.0% YoY) and the FY2025 annual result came in at 5.01%, down 154.0% from the prior year.
- Operating Margin advanced to 0.32% in Q4 2025 per BRAG's latest filing, from 4.48% in the prior quarter.
- Over the last five years, Operating Margin for BRAG reached as high as 5.14% in Q2 2023 and fell as low as 17.22% in Q3 2021.
- A 5-year average of 4.35% and a median of 4.0% in 2021 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2021 — Operating Margin soared 2676 bps — and 2024, when it slumped 1003 bps.
- Year by year, Operating Margin stood at 11.68% in 2021, then jumped by 106 bps to 0.68% in 2022, then sank by 370 bps to 1.85% in 2023, then tumbled by 30 bps to 2.41% in 2024, then jumped by 87 bps to 0.32% in 2025.
- According to Business Quant data, Operating Margin over the past three periods registered 0.32%, 4.48%, and 9.0% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 1.84% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 0.36% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | - |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 21.57% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 11.55% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 40.37% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 7.70% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 16.08% |
| 10 | Bragg Gaming | 40.73 Mn | 33.16 Mn | 17.81 Mn | -0.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.32% |
| Sep 30, 2025 | -4.48% |
| Jun 30, 2025 | -9.00% |
| Mar 31, 2025 | -6.59% |
| Dec 31, 2024 | -2.41% |
| Sep 30, 2024 | -1.55% |
| Jun 30, 2024 | -4.89% |
| Mar 31, 2024 | -5.33% |
| Dec 31, 2023 | -1.85% |
| Sep 30, 2023 | -9.47% |
| Jun 30, 2023 | 5.14% |
| Mar 31, 2023 | 2.27% |
| Dec 31, 2022 | 0.68% |
| Sep 30, 2022 | -7.84% |
| Jun 30, 2022 | 3.62% |
| Mar 31, 2022 | -0.74% |
| Dec 31, 2021 | -11.68% |
| Sep 30, 2021 | -17.22% |
| Jun 30, 2021 | -11.78% |
| Mar 31, 2021 | -3.52% |