Brightstar has closed FY25 with stable revenue and lower debt. The Brightstar Lottery FY25 results reflect steady same-store growth, helped by U.S. jackpots and digital channels. Management also highlighted iLottery and online expansion as part of its growth plan.

• Revenue for FY25 totalled USD 2.51bn (ca. EUR 2.13bn), flat year-on-year, with same-store sales up 1.7% at constant currency. In Q4 2025, revenue rose 3% to USD 668m (ca. EUR 567m), driven by a 3.5% increase in same-store sales. U.S. multi-state jackpots and iLottery were the main contributors to growth.

• Service revenue, which includes digital and wager-based activities, accounted for USD 2.36bn (ca. EUR 2bn) of total revenue, underlining the weight of recurring and online-driven income streams. Instant ticket and draw wager-based revenue reached USD 2.06bn (ca. EUR 1.75bn)  for the year. Digital expansion, including iLottery, continued to support overall performance.

•  Adjusted EBITDA came in at USD 1.12bn (ca. EUR 0.95bn), down 4% year-on-year. Net debt decreased to USD 2.7bn (ca. EUR 2.3bn) at year-end, compared with USD 4.8bn (ca. EUR 4.1bn) in 2024, following around USD 2bn (ca. EUR 1.7bn) in debt reduction.

• The group returned more than USD 1bn (ca. EUR 0.8bn) to shareholders through dividends and buybacks, with the quarterly dividend raised to USD 0.23 (ca. EUR 0.20) per share. CFO Max Chiara said the company’s “balanced approach to capital allocation was on display in 2025.”

• For FY26, revenue is expected between USD 2.5bn (ca. EUR 2.1bn) and USD 2.55bn (ca. EUR 2.16bn) implying more than 5% organic growth. Adjusted EBITDA is forecast at USD 1.16bn (ca. EUR 0.98bn) to USD 1.19bn (ca. EUR 1bn), even as Brightstar invests in Italy B2C digital and further iLottery expansion. The Brightstar Lottery FY25 results position the business to fund licence payments and support continued digital growth.

Please find more news here.