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.
Brightstar Lottery PLC filings document the regulatory disclosures of a foreign private issuer operating a global lottery technology and services business. Form 20-F and annual report materials describe the company's business overview, financial performance, sustainability reporting, principal risks and uncertainties, governance, directors' remuneration, and consolidated and parent financial statements.
Form 6-K current reports cover AGM notices and proxy materials, audited annual reports, quarterly and annual results releases, dividends, ordinary share repurchases held in treasury, senior secured multicurrency revolving credit facilities, and board and governance updates. The filings also disclose capital-structure matters, credit covenants, guarantees and collateral arrangements, and risk factors tied to Brightstar's lottery operations.
Brightstar Lottery PLC director James F. McCann filed an initial ownership report showing he holds 103,482 ordinary shares directly. He also holds 16,280 restricted share units, each representing one ordinary share that will vest on May 12, 2026 with no expiration date.
Brightstar Lottery PLC director Dessy Alberto has filed an initial ownership report. The filing shows direct ownership of 86,050 ordinary shares and restricted share units tied to 14,801 underlying ordinary shares. Each restricted share unit represents a contingent right to receive one ordinary share and is scheduled to vest on May 12, 2026, with no expiration date.
Brightstar Lottery PLC director Pinelli Maria filed an initial ownership report showing current equity holdings. The filing lists direct ownership of 27,103 ordinary shares and 14,801 restricted share units. Each restricted share unit represents a right to receive one ordinary share upon vesting on May 12, 2026, with no expiration date.
Brightstar Lottery PLC director Ravich Samantha Fay reported her initial ownership in a Form 3. She holds 54,357 Ordinary Shares directly. She also holds 14,801 Restricted Share Units, each representing a right to receive one Ordinary Share, scheduled to vest on May 12, 2026 with no expiration date.
Brightstar Lottery PLC director Tondato Da Ruos Gian Mario has filed an initial ownership report showing his equity stake in the company. He directly holds 96,257 ordinary shares and 14,801 restricted share units. Each restricted share unit represents a right to receive one ordinary share and is scheduled to vest on May 12, 2026, with no expiration date.
Brightstar Lottery PLC Executive VP and CFO Chiara Massimiliano filed an initial ownership report showing equity incentives and share holdings. She holds performance share units tied to 2022-2024 and 2023-2025 results covering 43,000 and 73,260 underlying ordinary shares, plus 71,641 restricted share units and 240,082 ordinary shares. The performance share units vest in two installments after each three-year period, while the restricted share units vest in three annual installments on July 14 of 2026, 2027 and 2028.
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 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.
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 PLC on a Schedule 13G. As of December 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.