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Brightstar Lottery PLC reports fourth quarter and full year 2025 results

February 24, 2026
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  • Better-than-expected Q4'25 revenue and profit growth driven by a 3.5% increase in same-store sales, led by U.S. Multi-state Jackpot activity and iLottery
  • Significant improvement in net debt; net debt leverage of 2.4x at end of FY'25
  • Returned over $1 billion to shareholders in FY'25 through dividends and share repurchases
  • Board of Directors declared a regular quarterly cash dividend of $0.23, up $0.01 from prior quarter and a 15% increase from the historical run rate
  • FY'26 outlook includes accelerated organic revenue growth
  • Mariangela Zappia appointed as an independent, non-executive director
LONDON, 24 February 2026 (PRNewswire)

Brightstar Lottery PLC (NYSE:BRSL) ("Brightstar") today reported financial results for the fourth quarter and full year ended December 31, 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.

"Better-than-expected fourth quarter revenue and profit growth reflect the value of our diverse portfolio across geographies and games," said Vince Sadusky, CEO of Brightstar. "2025 was a transformational year for us. We executed major strategic priorities, including selling IGT Gaming and increasing capital returns to shareholders. 2026 is an important year of investment in several high-ROI growth initiatives such as Italy B2C digital expansion and launching a new lottery in SĂŁo Paulo, which we expect to drive accelerated sales and profit growth through 2028."

"Our balanced approach to capital allocation was on display in 2025 with over $2 billion in debt reduction, bringing leverage to historic lows; over $1 billion returned to shareholders; and investments in key initiatives," said Max Chiara, CFO of Brightstar. "We enter 2026 well-positioned to fund contractual obligations that put us on the path to achieving our 2028 financial targets."

Find out more about the Brightstar Lottery PLC Q4 and full year 2025 results.

About Brightstar Lottery PLC

Brightstar Lottery PLC (NYSE: BRSL) is global leader in lottery focused on innovation and forward-thinking strategies and solutions, building on our renowned expertise in delivering secure technology and producing reliable, comprehensive solutions for our customers. As a premier pure play global lottery company, our best-in-class lottery operations, retail and digital solutions, and award-winning lottery games enable our customers to achieve their goals, entertain players and distribute meaningful benefits to communities. Brightstar has a well-established local presence and is a trusted partner to governments and regulators around the world, creating value by adhering to the highest standards of service, integrity, and responsibility. Brightstar serves nearly 90 lottery customers and their players on six continents. It is the primary technology provider to 26 of the 46 lottery jurisdictions in the U.S. and eight of the world's 10 largest lotteries.  Brightstar has approximately 6,000 employees. For more information, please visit www.brightstarlottery.com.

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward‑looking statements (including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) regarding the Brightstar Lottery PLC's (the "Company") future plans, strategies, expected growth, regulatory developments, anticipated new or renewed contracts, and future products, services, technologies, and operational initiatives. Forward‑looking statements include, without limitation, expectations regarding future revenue, income from continuing operations, Adjusted EBITDA, cash flows (including free cash flow), capital expenditures, capital allocation plans, dividend levels, share repurchases, FY'26 financial outlook, organic growth expectations, and the Company's medium‑term financial targets. These statements also include expectations relating to iLottery expansion, Italy B2C digital execution, U.S. regulatory momentum, international expansion opportunities, anticipated contributions from long‑term contract awards, OPtiMa cost‑savings and AI‑related initiatives, as well as statements concerning the Company's future debt maturity profile and related liquidity planning. Forward‑looking statements may be identified by terms such as "expect," "anticipate," "intend," "plan," "may," "will," "target," "estimate," "project," "guidance," or similar expressions. These statements are based on current assumptions and are subject to risks and uncertainties—many of which are outside the Company's control—that could cause actual results to differ materially, including macroeconomic, regulatory, and political conditions; changes in consumer behavior; foreign exchange and interest rate volatility; inflation; financial market conditions; and the risk factors described in the Company's most recent annual report on Form 20‑F and other documents filed or furnished from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.brightstarlottery.com. Forward‑looking statements speak only as of the date made, and except as required by law, the Company undertakes no obligation to update them. Nothing in this release constitutes a profit forecast or indicates that future performance will match or exceed past results. All subsequent written or oral forward-looking statements attributable to the Company, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact:

Mike DeAngelis, Corporate Communications, +1 (401) 392-1000, [email protected]

Matteo Selva, Italian media inquiries, +39 366 6803635

James Hurley, Investor Relations, +1 (401) 392-7190

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