Brightstar Lottery PLC Reports Third Quarter 2025 Results
- Insights Press
- 9 hours ago
- 2 min read
LONDON (November 4, 2025) – Brightstar Lottery PLC (NYSE:BRSL) ("Brightstar" or the "Company") today reported financial results for the third quarter ended September 30, 2025. Today, at 8:00 a.m. EST, management will host a conference call and webcast to present the results; access details are provided below.
"We achieved many milestones in Q3: closing the IGT Gaming sale for $4 billion in cash, executing our shareholder return plans, and completing the refocusing of the Company as a lottery pure play," said Vince Sadusky, CEO of Brightstar. "The better-than-expected Q3 revenue and profit results reflect a significant acceleration of same-store sales across all geographies. For nearly 50 years, our innovative products and services have helped our customers excel. The 2028 financial targets we are introducing today reflect a stronger organic growth profile that we believe will drive compelling, incremental value over the next few years."
"With $1.6 billion of cash and cash equivalents and net debt leverage of 2.3x at the end of Q3, we are well-positioned to execute on our strategic objectives," said Max Chiara, CFO of Brightstar. "As we released our mid-term targets, we expect to generate over $7 billion in gross cash in the 2025-2028 period, mostly allocated to funding organic growth, with $1.7 billion expected to be returned to shareholders over the same timeframe."
Highlights:
Third quarter revenue grew 7% to $629 million, primarily driven by 7.9% same-store sales growth reflecting strength across jurisdictions and game types
Income from continuing operations of $95 million
Adjusted EBITDA of $294 million increased 11%, on high profit flow-through of strong same-store sales growth and expense recoveries
Returned $978 million to shareholders in YTD period; announced 10% increase in Q4'25 dividend to $0.22 per share
Introducing medium-term targets including 2028 revenue of $2.75 billion and Adjusted EBITDA of $1.3 billion
Click here for the full report.

