Welcome to our dedicated page for Brightstar Lottery SEC filings (Ticker: BRSL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Brightstar Lottery PLC (NYSE: BRSL) SEC filings page provides access to the company’s regulatory disclosures as a foreign private issuer. Brightstar Lottery files reports under the Securities Exchange Act of 1934, including Form 20-F for annual reporting and multiple Form 6-K current reports that furnish news releases, agreements, and financial information.
Recent Form 6-K filings illustrate the range of information Brightstar Lottery reports. The company has filed current reports describing benchmark offerings and successful pricing of senior secured notes due 2033, including details on co-issuance with a wholly owned subsidiary, planned listing on the Global Exchange Market of Euronext Dublin, and the intended use of proceeds to redeem outstanding senior secured notes due 2027 and pay related costs. Other 6-Ks provide information on the Italy Lotto agreement through its subsidiary LottoItalia S.r.l., including the filing of the concession agreement as an exhibit.
Brightstar Lottery also uses Form 6-K to report quarterly financial results, such as condensed consolidated balance sheets, statements of operations, cash flows, and shareholders’ equity, as well as to announce dividends declared by its Board of Directors. Additional filings describe share repurchases executed under a share repurchase program, including the number of ordinary shares repurchased and their treatment as treasury shares.
On Stock Titan, these filings are paired with AI-powered summaries that help explain the key points in lengthy documents. Users can quickly understand the implications of financing transactions, license agreements, and quarterly results without reading every page. Real-time updates from EDGAR ensure that new Form 6-K submissions, annual Form 20-F reports, and other relevant filings are reflected promptly, giving investors a structured view of Brightstar Lottery’s regulatory and financial reporting history.
Brightstar Lottery PLC filed its 2025 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The report contains the company’s audited financial statements for the year ended December 31, 2025, giving a full picture of its yearly financial performance.
The annual report is available through the company’s investor relations website as well as on the SEC’s website. Security holders can also request a free hard copy of the Form 20-F directly from Brightstar Lottery’s corporate secretary office in London.
Brightstar Lottery PLC reported mixed fourth quarter and full-year 2025 results, stronger on adjusted metrics than on headline profit. Q4 revenue rose to $668 million, up 3% year over year, and Adjusted EBITDA increased 5% to $304 million, helped by a 3.5% same-store sales gain driven by U.S. multi-state jackpots and iLottery.
For 2025, revenue was essentially flat at $2.51 billion, while income from continuing operations fell to $135 million and GAAP diluted EPS from continuing operations slipped to a slight loss of $0.01. However, adjusted diluted EPS from continuing operations climbed 36% to $0.91 as non-recurring items, foreign exchange swings, and restructuring weighed on reported figures.
The company emphasized balance sheet strengthening and capital returns. Net debt dropped 43% to $2.72 billion, bringing net debt leverage down to 2.4x, after more than $2 billion of debt reduction. Brightstar returned over $1 billion to shareholders in 2025, including $770 million of dividends and $271 million of share repurchases, and it declared a higher regular quarterly cash dividend of $0.23 per share. Large cash outflows for the Italy Lotto upfront license fee totaled $926 million in 2025, with a remaining $1.68 billion installment due in the second quarter of 2026.
Looking ahead, Brightstar guides 2026 revenue to $2.50–$2.55 billion and Adjusted EBITDA to $1.16–$1.19 billion, reflecting more than 5% organic revenue growth and contributions from cost savings initiatives, partly offset by about $50 million of incremental growth investments. Management projects roughly $400 million or more in annual free cash flow after the 2025–2028 peak capital expenditure cycle. Governance changes include appointing veteran diplomat Mariangela Zappia as an independent non-executive director and her joining the Nominating and Corporate Governance Committee. Chief Financial Officer Max Chiara will not stand for Board re-election at the next Annual General Meeting but will continue serving as CFO, supporting the company’s goal of increasing Board independence.
Lazard Asset Management LLC has reported a significant holding in Brightstar Lottery PLCDecember 31, 2025, Lazard beneficially owned 9,504,747 Equity shares, representing 5.0% of the class. Lazard has sole power to vote and dispose of all these shares, with no shared voting or dispositive power.
Lazard states that the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Brightstar Lottery PLC. The issuer is based in London, and the filing classifies Lazard as an institutional investment adviser filer under the 13d-1(b) framework.
Brightstar Lottery PLC reported that it repurchased 1,552,352 ordinary shares under its previously announced $500 million share repurchase program. The company paid a total of $22,242,727.17 for these shares, which will be held in treasury rather than remaining in public circulation.
The ordinary shares have a nominal value of $0.10 each and were bought in several tranches between January 16, 2026 and February 6, 2026. During this period, the highest price paid per share was $15.43 and the lowest price was $13.81, illustrating the range at which the company was willing to buy back its stock in the market.
Brightstar Lottery PLC reported that it repurchased 1,442,700 ordinary shares under its previously announced $500 million share repurchase program. The purchases were made between December 19, 2025 and January 9, 2026 at maximum prices ranging from $16.03 to $15.66 per share and minimum prices from $15.78 to $14.98 per share, for a total cost of $22,586,492.64. The repurchased shares are being held in treasury, which reduces the number of shares available in the market.
The company also changed the address of its principal executive office to 2 and 3 Eldon Street, Fifth Floor, London, EC2M 7LS, United Kingdom, effective January 12, 2026.
Brightstar Lottery PLC reported further activity under its share repurchase initiatives. The company received 1,661,519 ordinary shares on December 3, 2025 as the final delivery under its $250 million accelerated share repurchase plan, bringing total shares repurchased through that plan to 15,234,554 at an average price of $16.4101 per share. All of these shares are being held in treasury.
Brightstar Lottery PLC also repurchased 337,510 additional ordinary shares delivered on December 12, 2025 under its $500 million share repurchase program, executed within Rule 10b5-1 and Rule 10b-18 parameters under the U.S. Securities Exchange Act of 1934. These shares are likewise being held in treasury.
Brightstar Lottery PLC is refinancing a major portion of its debt by pricing $750,000,000 of new 5.750% Senior Secured Notes due 2033, co-issued with a wholly owned subsidiary and guaranteed by certain other subsidiaries. Settlement of the notes is subject to customary closing conditions and is expected on December 15, 2025, and application has been made to list them on the Global Exchange Market of Euronext Dublin.
The company intends to use the proceeds, together with cash on hand, to redeem $750,000,000 of its outstanding 6.25% Senior Secured Notes due January 15, 2027 at a redemption price of $1,012.20 per $1,000.00 principal amount on December 16, 2025, and to pay related debt issuance costs. The redemption is conditional on the issuers receiving at least $750,000,000 in gross proceeds from the new notes sale.
Brightstar Lottery PLC is launching a benchmark offering of U.S. dollar-denominated senior secured notes due 2033, co-issued with its wholly owned subsidiary Brightstar Global Solutions Corporation. The new notes are expected to be listed on the Official List of Euronext Dublin and traded on its Global Exchange Market, which is a market for debt securities.
The company plans to use the proceeds from this offering, together with cash on hand, to redeem $500,000,000 of its outstanding 6.25% senior secured notes due 2027, paying a make-whole premium, and to cover related debt issuance costs. This transaction shifts a portion of Brightstar’s debt from the 2027 maturity to a new 2033 maturity while keeping the debt senior secured and guaranteed by certain wholly owned subsidiaries.
Brightstar Lottery PLC filed a Form 6-K to provide investors with the full text of its new Italy Lotto operating agreement. The company explains that its subsidiary, LottoItalia S.r.l., has signed an agreement to operate the Italy Lotto for the next nine years and manage other fixed-odds number games. The concession runs through November 30, 2034, under an agreement with the Italian regulator Agenzia delle Dogane e dei Monopoli. The filing states that this Form 6-K and the attached agreement are deemed filed, not furnished, and will be incorporated by reference into Brightstar Lottery’s existing and future registration statements, including its Form S-8.