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| Date | Value |
|---|---|
| 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 |