Brightstar Lottery (BRSL) Research & Development (2014 - 2026)

Brightstar Lottery's (BRSL) quarterly Research & Development came in at $14.0 million in Q1 2026, up 27.27% year-on-year from $11.0 million in Q1 2025, and up 7.69% on a QoQ basis from $13.0 million in Q4 2025.

Brightstar Lottery (BRSL) Research & Development (2014 - 2026) Analysis & Trends

Brightstar Lottery (BRSL) has 13 years of Research & Development data on file, last reported at $14.0 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 27.27% year-over-year to $14.0 million in Q1 2026; TTM through Mar 2026 was $49.0 million, a 11.36% increase from a year earlier, with the FY2025 full-year figure at $47.0 million, up 9.3% from the prior year.
  • Research & Development for Q1 2026 stood at $14.0 million, up from $13.0 million in the prior quarter.
  • Over the last five years, Research & Development for BRSL reached as high as $14.0 million in Q1 2026 and fell as low as -$140.0 million in Q4 2022.
  • Historically, Research & Development has averaged $69647.1 across 5 years, with a median of $10.0 million in 2023.
  • Across the five-year window, Research & Development sank 337.29% in 2022 and soared 15689.47% in 2023, its largest moves.
  • Year by year, Research & Development stood at -$140.0 million in 2022, then soared by 107.14% to $10.0 million in 2023, then changed by 0.0% to $10.0 million in 2024, then gained by 30.0% to $13.0 million in 2025, then advanced by 7.69% to $14.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $14.0 million in Q1 2026, $13.0 million in Q4 2025, and $11.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 966.00 Mn
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 123.18 Mn
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - -422.00 Mn
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn -
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn -
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn 14.00 Mn
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn -
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn -
10 Gambling.com 58.26 Mn 42.45 Mn 39.34 Mn -17.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.00 Mn
Dec 31, 2025 13.00 Mn
Sep 30, 2025 11.00 Mn
Jun 30, 2025 11.00 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 -140.00 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
Jun 30, 2021 61,000.00