Brightstar Lottery (BRSL) Research & Development (2014 - 2026)
Brightstar Lottery (BRSL) recorded Research & Development of $14 million in the quarter ended Jun 30, 2026, up 16.7% from $12 million a year earlier and unchanged from the prior quarter.
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Analysis
Brightstar Lottery (BRSL) Research & Development (2014 - 2026) Analysis & Trends
On a TTM basis, Brightstar Lottery's Research & Development came in at $52 million as of Jun 30, 2026, up 15.6% year-over-year; for the year ended Dec 31, 2025, it was $47 million, up 9.3% from the prior year.
- Annual Research & Development has a five-year compound annual growth rate of -24.5% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Research & Development came in at $43 million in the year ended Dec 31, 2024 (+19.4%), $36 million in the year ended Dec 31, 2023 (-20.0%), $45 million in the year ended Dec 31, 2022 (-81.1%) and $238 million in the year ended Dec 31, 2021 (+24.6%).
- Quarterly Research & Development has ranged from $57,000 in the quarter ended Mar 31, 2022 to $59 million in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, Research & Development has increased for three consecutive quarters, with growth averaging 13.5% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 33.3% in the quarter ended Sep 30, 2024, against a decline of 77.7% in the quarter ended Dec 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $14 million (quarter ended Mar 31, 2026), $13 million (quarter ended Dec 31, 2025) and $11 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 462.03 Bn | 430.98 Bn | 1.64 Bn | 192.51 Mn |
| 2 | Oracle | 387.48 Bn | 259.61 Bn | - | 2.40 Bn |
| 3 | Sap Se | 266.80 Bn | 194.59 Bn | 8.40 Bn | -2.14 Bn |
| 4 | Salesforce | 199.03 Bn | 154.91 Bn | 8.70 Bn | 1.69 Bn |
| 5 | ServiceNow | 154.48 Bn | 132.94 Bn | 2.82 Bn | 915.00 Mn |
| 6 | Automatic Data Processing | 117.71 Bn | 99.83 Bn | 2.51 Bn | 265.90 Mn |
| 7 | Intuit | 92.43 Bn | 71.78 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 72.15 Bn | 71.24 Bn | - | - |
| 9 | Thomson Reuters | 50.59 Bn | 47.38 Bn | - | - |
| 10 | Brightstar Lottery | 1.84 Bn | -3.01 Bn | 299.00 Mn | 14.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Sep 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | 11.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | 12.00 Mn |
| Jun 30, 2024 | 11.00 Mn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | 10.00 Mn |
| Sep 30, 2023 | 9.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 9.00 Mn |
| Dec 31, 2022 | 44.82 Mn |
| Sep 30, 2022 | 67,000.00 |
| Jun 30, 2022 | 60,000.00 |
| Mar 31, 2022 | 57,000.00 |
| Dec 31, 2021 | 59.00 Mn |
| Sep 30, 2021 | 63,000.00 |
API Access
Brightstar Lottery Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=BRSL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "BRSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=BRSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();