Quarterly ResultAug 4, 2026, 06:47 AM
Brightstar Lottery Q2 Revenue $584M, Adj. EBITDA $286M; Reaffirms FY26
AI Summary
Brightstar Lottery PLC reported better-than-expected second quarter 2026 results, with income from continuing operations reaching $56 million compared to a $60 million loss in the prior year. Adjusted EBITDA increased 4% to $286 million, driven by global same-store sales growth and disciplined operational management. The company increased its OPtiMa cost savings target to $100 million by 2028 and reaffirmed its full-year 2026 revenue, profit, and cash flow outlook. Brightstar also completed the final Italy Lotto license payment and continued its commitment to shareholder returns, deploying over $140 million year-to-date.
Key Highlights
- Q2 Revenue $584M, down 7% YoY; Income from continuing operations $56M vs -$60M loss in prior year.
- Adjusted EBITDA rose 4% to $286M; Adjusted diluted EPS from continuing operations was $0.11.
- Global same-store sales grew 1.5%, driven by global lottery expansion and Italy B2C digital growth.
- OPtiMa cost savings target upgraded to $100M by 2028, reflecting disciplined operational management.
- Deployed over $140M in shareholder returns year-to-date, demonstrating commitment to shareholders.
- Final Italy Lotto license payment of $1.67B was completed in April 2026.
- Declared a quarterly cash dividend of $0.23 per common share, payable September 1, 2026.
- Reaffirmed FY2026 revenue outlook of $2.50-$2.55B and Adjusted EBITDA of $1.16-$1.19B.
Price Impact
More from BRSL