Brightstar Lottery (BRSL) Operating Expenses (2014 - 2026)
Brightstar Lottery's (BRSL) quarterly Operating Expenses came in at $60.0 million in Q1 2026, down 86.52% year-on-year from $445.0 million in Q1 2025, and down 15.49% on a QoQ basis from $71.0 million in Q4 2025.
Brightstar Lottery (BRSL) Operating Expenses (2014 - 2026) Analysis & Trends
Brightstar Lottery (BRSL) has 13 years of Operating Expenses data on file, last reported at $60.0 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 86.52% year-over-year to $60.0 million in Q1 2026; TTM through Mar 2026 was $678.0 million, a 62.91% decrease from a year earlier, with the FY2025 full-year figure at $290.0 million, down 84.12% from the prior year.
- Operating Expenses for Q1 2026 stood at $60.0 million, down from $71.0 million in the prior quarter.
- Over the last five years, Operating Expenses for BRSL reached as high as $793.0 million in Q2 2022 and fell as low as -$587.0 million in Q4 2022.
- Historically, Operating Expenses has averaged $290.2 million across 5 years, with a median of $434.0 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 99523.12% in 2022 and fell as far as 167.94% in 2022.
- Year by year, Operating Expenses stood at -$587.0 million in 2022, then surged by 182.28% to $483.0 million in 2023, then declined by 2.28% to $472.0 million in 2024, then slumped by 84.96% to $71.0 million in 2025, then retreated by 15.49% to $60.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $60.0 million in Q1 2026, $71.0 million in Q4 2025, and $55.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 1.50 Bn |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 289.11 Mn |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | -470.00 Mn |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 520.00 Mn |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 327.58 Mn |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 60.00 Mn |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 324.48 Mn |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 24.30 Mn |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -25.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 71.00 Mn |
| Sep 30, 2025 | 55.00 Mn |
| Jun 30, 2025 | 492.00 Mn |
| Mar 31, 2025 | 445.00 Mn |
| Dec 31, 2024 | 472.00 Mn |
| Sep 30, 2024 | 477.00 Mn |
| Jun 30, 2024 | 434.00 Mn |
| Mar 31, 2024 | 443.00 Mn |
| Dec 31, 2023 | 483.00 Mn |
| Sep 30, 2023 | 438.00 Mn |
| Jun 30, 2023 | 434.00 Mn |
| Mar 31, 2023 | 422.00 Mn |
| Dec 31, 2022 | -587.00 Mn |
| Sep 30, 2022 | 849,000.00 |
| Jun 30, 2022 | 793.00 Mn |
| Mar 31, 2022 | 799,000.00 |
| Dec 31, 2021 | 864.00 Mn |
| Sep 30, 2021 | 772,000.00 |
| Jun 30, 2021 | 796,000.00 |