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
DateValue
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