Brightstar Lottery (BRSL) Gross Margin (2014 - 2026)

Brightstar Lottery's (BRSL) quarterly Gross Margin came in at 50.6% in Q1 2026, down 412.0% year-on-year from 16.22% in Q1 2025, and down 8.9% on a QoQ basis from 55.54% in Q4 2025.

Brightstar Lottery (BRSL) Gross Margin (2014 - 2026) Analysis & Trends

Brightstar Lottery (BRSL) has 13 years of Gross Margin data on file, last reported at 50.6% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 412.0% year-over-year to 50.6% in Q1 2026; TTM through Mar 2026 was 54.59%, a 173.0% decrease from a year earlier, with the FY2025 full-year figure at 55.56%, down 193.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 50.6%, down from 55.54% in the prior quarter.
  • Over the last five years, Gross Margin for BRSL reached as high as 99.99% in Q2 2022 and fell as low as 49.91% in Q4 2022.
  • Historically, Gross Margin has averaged 71.83% across 5 years, with a median of 58.06% in 2024.
  • Across the five-year window, Gross Margin surged 4231 bps in 2023 and tumbled 4080 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 49.91% in 2022, then surged by 85 bps to 92.22% in 2023, then sank by 37 bps to 58.06% in 2024, then fell by 4 bps to 55.54% in 2025, then fell by 9 bps to 50.6% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 50.6% in Q1 2026, 55.54% in Q4 2025, and 56.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 42.68%
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 42.32%
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - -
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn 69.98%
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn 35.69%
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn 50.60%
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn 99.82%
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn 95.45%
10 Gambling.com 58.26 Mn 42.45 Mn 39.34 Mn 85.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 50.60%
Dec 31, 2025 55.54%
Sep 30, 2025 56.12%
Jun 30, 2025 55.78%
Mar 31, 2025 54.72%
Dec 31, 2024 58.06%
Sep 30, 2024 55.54%
Jun 30, 2024 56.77%
Mar 31, 2024 59.30%
Dec 31, 2023 92.22%
Sep 30, 2023 96.34%
Jun 30, 2023 96.63%
Mar 31, 2023 97.60%
Dec 31, 2022 49.91%
Sep 30, 2022 85.94%
Jun 30, 2022 99.99%
Mar 31, 2022 99.99%
Dec 31, 2021 88.19%
Sep 30, 2021 90.55%
Jun 30, 2021 91.55%