Brightstar Lottery PLC (BRSL) Operating Expenses (2014 - 2026)

On a TTM basis, Brightstar Lottery's Operating Expenses came in at $255 million as of Jun 30, 2026, down 86.5% year-over-year; for the year ended Dec 31, 2025, it was $472 million, down 74.2% from the prior year.

• Annual Operating Expenses has a five-year compound annual growth rate of -31.9% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Operating Expenses came in at $1.83 billion in the year ended Dec 31, 2024 (+2.8%), $1.78 billion in the year ended Dec 31, 2023 (-4.2%), $1.85 billion in the year ended Dec 31, 2022 (-41.8%) and $3.19 billion in the year ended Dec 31, 2021 (-1.1%).
• Quarterly Operating Expenses has ranged from $772,000 in the quarter ended Sep 30, 2021 to $1.85 billion in the quarter ended Dec 31, 2022 over the past five years.
• On a year-over-year basis, Operating Expenses has declined for four consecutive quarters, with an average decline of 40.7% over the last eight quarters.
• Peak year-over-year performance for Operating Expenses in the last five years was growth of 114.3% in the quarter ended Dec 31, 2022, against a decline of 99.9% in the quarter ended Sep 30, 2021 at the low end.
• Per Business Quant, the preceding three quarters came in at $60 million (quarter ended Mar 31, 2026), $71 million (quarter ended Dec 31, 2025) and $55 million (quarter ended Sep 30, 2025).