Brightstar Lottery (BRSL) Reports Q3 2026 Results with Revenue Decline and Lowered Guidance
Brightstar Lottery (BRSL) reported third-quarter revenue of $607 million, a 4% decrease year-over-year, primarily driven by $99 million in noncash service revenue amortization. While operational revenue grew by 4% due to digital expansion and hardware sales in Portugal and North Carolina, these gains were offset by lower same-store sales and increased growth investments, resulting in an Adjusted EBITDA of $289 million. The company has revised its full-year revenue guidance downward to a range of $2.435 billion to $2.455 billion, citing foreign exchange volatility and lower U.S. multistate jackpot levels. Despite the headwinds, Brightstar maintains strong liquidity with $1.9 billion available and continues its capital return strategy through dividends and share repurchases.
Tickers: $BRSL
Topics: adjusted_ebitda dividends eps net_debt revenue