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| Date | Value |
|---|---|
| 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% |