- Brightstar Lottery reported **better-than-expected Q3 2025 revenue and profit results**, with year-to-date revenue of **$1.8 billion** and global same-store sales rising **8%**, including **4%** growth for core instant and draw games.  **[0001619762_2232423_3]**  iLottery sales increased over **30%** in the period.  **[0001619762_2232423_3]** 
- The company completed its refocusing as a **lottery pure-play business** by closing the IGT gaming sale for **$4 billion** in cash.  **[0001619762_2232423_3]** **[0001619762_2232423_6]** 
- Brightstar announced significant shareholder return plans, including nearly **$1 billion** returned year-to-date, a **10% increase** in the Q4 dividend to **$0.22 per share**, a **$500 million** share purchase authorization, and a **$3 per share special cash dividend** paid in July.  **[0001619762_2232423_3]** **[0001619762_2232423_10]** 
- For full year 2025, the company reaffirmed its revenue and adjusted EBITDA outlook of approximately **$2.5 billion** and **$1.1 billion**, respectively.  **[0001619762_2232423_5]**  Looking ahead to 2028, Brightstar expects revenue to reach approximately **$2.75 billion** and adjusted EBITDA to grow to **$1.3 billion**, with **$1.7 billion** allocated for shareholder returns during the 2025-2028 period.  **[0001619762_2232423_10]** **[0001619762_2232423_11]**

Brightstar Lottery Reports Strong Q3 2025 Results, Compleifies Strategic Transformation, and Updates Financial Outlook

- Brightstar reported strong **Q3 2025 revenue of $629 million**, a **7% increase** from the prior year, and **adjusted EBITDA of $294 million**, up **11%**, driven by an **8% rise in same-store sales**.  **[0001619762_2230948_4]** **[0001619762_2230948_3]**  Adjusted EPS improved significantly to **$0.36** from a $0.02 loss in the prior year.  **[0001619762_2230948_4]** 
- The company completed its strategic refocus as a **lottery pure-play business** by closing the **IGT gaming sale for $4 billion in cash**, which allowed for **$2 billion in debt reduction**, bringing net debt to **$2.6 billion** at the end of Q3 2025.  **[0001619762_2230948_3]** **[0001619762_2230948_4]** 
- Brightstar has returned nearly **$1 billion to shareholders** year-to-date, including a **10% increase in the quarterly cash dividend to $0.22 per share** and the execution of a **$250 million accelerated share purchase agreement**.  **[0001619762_2230948_3]** **[0001619762_2230948_4]** **[0001619762_2230948_10]**  The company targets **$1.7 billion in capital return** to shareholders between 2025 and 2028.  **[0001619762_2230948_7]** **[0001619762_2230948_10]** 
- Brightstar reaffirmed its **full-year 2025 revenue outlook of approximately $2.5 billion** and **adjusted EBITDA of $1.1 billion**.  **[0001619762_2230948_5]**  Looking to **2028**, the company expects revenue to reach approximately **$2.75 billion** (over 5% organic CAGR) and adjusted EBITDA to grow to **$1.3 billion** (over 6% CAGR), supported by **$80 million in gross cost savings**.  **[0001619762_2230948_10]** **[0001619762_2230948_11]** **[0001619762_2230948_9]**

Brightstar Reports Strong Q3 2025 Results, Completes Strategic Transformation, and Reaffirms Full-Year Guidance

- Brightstar Lottery PLC reported **Q3 2025 revenue of $629 million**, a **7% increase** year-over-year, and **Adjusted EBITDA of $294 million**, up **11%**.  **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:0]** 
- The company completed the sale of its IGT Gaming business for approximately **$4 billion** in cash on **July 1, 2025**, which contributed to a reduction in net debt to **$2.6 billion**.  **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:2]** **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:1]** 
- Brightstar returned **$978 million** to shareholders year-to-date and announced a **10% increase** in its Q4'25 dividend to **$0.22 per share**.  **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:0]** **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:2]** 
- The **FY 2025 outlook** for revenue is reaffirmed at approximately **$2.5 billion** and Adjusted EBITDA at approximately **$1.1 billion**.  **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:2]** **[1619762_0001628280-25-048518_q325earningsslidedeck-fi.htm:8]** 
- The company introduced **medium-term targets for 2028**, projecting revenue of **$2.75 billion** and Adjusted EBITDA of **$1.3 billion**.  **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:0]** **[1619762_0001628280-25-048518_brightstarq325earningspres.htm:2]**

Brightstar Lottery PLC Reports Q3 2025 Results and Updates Financial Outlook

- **Brightstar (BRSL) reported Q3 2025 revenue of $629 million, a 7% increase year-over-year, with income from continuing operations of $95 million and adjusted diluted EPS of $0.36.**  **[0001619762_2230248:9]** 
- **The company reaffirmed its FY 2025 revenue outlook of approximately $2.5 billion and Adjusted EBITDA of approximately $1.1 billion, while upgrading cash from operations to approximately $700 million.**  **[0001619762_2230248:12]** 
- **BRSL utilized $2 billion from Gaming & Digital sale proceeds for debt reduction and returned $250 million through share repurchases and $728 million in cash dividends year-to-date.**  **[0001619762_2230248:11]** 
- **A 10% increase in the Q4 2025 dividend to $0.22 per share was announced.**  **[0001619762_2230248:11]** 
- **By 2028, Brightstar targets approximately $2.75 billion in revenue and approximately $1.3 billion in Adjusted EBITDA, with annual free cash flow exceeding $400 million.**  **[0001619762_2230248:21]**

Brightstar Reports Q3 2025 Results and Updates Outlook

- **Brightstar Lottery PLC reported Q3 2025 revenue of $629 million, a 7% increase**, driven by **7.9% same-store sales growth**, and **Adjusted EBITDA of $294 million, up 11%**.  **[1619762_20251104NE14292:0]** 
- The company completed the **sale of its IGT Gaming business for $4 billion in cash** in Q3 2025, resulting in **$1.6 billion in cash and cash equivalents** and **net debt leverage of 2.3x**.  **[1619762_20251104NE14292:0]** **[1619762_20251104NE14292:1]** 
- Brightstar **returned $978 million to shareholders year-to-date** and announced a **10% increase in its Q4 2025 dividend to $0.22 per share**.  **[1619762_20251104NE14292:0]** **[1619762_20251104NE14292:2]** 
- Management introduced **medium-term targets for 2028**, projecting **revenue of $2.75 billion** and **Adjusted EBITDA of $1.3 billion**.  **[1619762_20251104NE14292:0]** **[1619762_20251104NE14292:2]**

Brightstar Lottery (BRSL)