Quarterly ResultAug 4, 2026, 04:17 PM
Brightstar Lottery Q2 Net Income $33M; H1 Profit $70M
AI Summary
Brightstar Lottery PLC reported a net income of $33 million for the second quarter of 2026, a significant improvement from a net loss of $58 million in the prior-year period. For the first half of 2026, net income reached $70 million, reversing a $31 million loss from the previous year. Total revenue for Q2 was $584 million, down from $631 million, and H1 revenue was $1,171 million, slightly lower than $1,214 million last year. The company's operating cash flow for the six months ended June 30, 2026, was negative $1,174 million, primarily due to a $1,675 million Italian Lotto License payment. The sale of the Gaming & Digital business in July 2025 is presented as a discontinued operation.
Key Highlights
- Q2 2026 net income attributable to Brightstar Lottery PLC was $33M, up from $(58)M loss YoY.
- H1 2026 net income attributable to Brightstar Lottery PLC was $70M, up from $(31)M loss YoY.
- Q2 2026 total revenue was $584M, down from $631M YoY.
- H1 2026 total revenue was $1,171M, down from $1,214M YoY.
- Basic EPS for Q2 2026 was $0.18, compared to $(0.29) in Q2 2025.
- Net cash used in operating activities for H1 2026 was $(1,174)M, including a $1,675M Italian Lotto License payment.
- Total assets decreased to $8,035M at June 30, 2026, from $9,158M at Dec 31, 2025.
- Total shareholders' equity increased to $2,020M at June 30, 2026, from $1,590M at Dec 31, 2025.
Price Impact
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