Brightstar Lottery has reported 3% year-on-year (YoY) revenue growth for Q4 2025 as executives praised the business’ “diverse portfolio”.
Revenue for Q4 2024 was $651m, while the figure for the same period this year jumped to $668m (£495.3m).
The supplier said Q4 2025 revenue was higher than expected thanks to a 3.5% increase in same-store sales generated chiefly by multi-state jackpot and online lottery activity in the US.
Adjusted EBITDA increased 5% YoY from $290m to $304m, with bosses pointing to cost savings and high “profit flow through” from the US.
Much like in the previous quarter, most of the Q4 revenue ($530m) was derived from instant ticket and draw wagers.
US multi-state jackpot wager-based revenue 46% YoY to $38m.
By geography, the US and Canada accounted for $320m of revenue, a 4% increase YoY, while Italy and the rest of the world earned $258m and $91m, respectively.
IGT rebranded to Brightstar and pivoted to lottery mid-last year after a $4bn private equity purchase of its gaming division.
Alongside the earnings report, Brightstar announced former Italian ambassador to the US Mariangela Zappia had joined its board as an independent non-executive director.
Zappia joined the board on 19 February. CFO Max Chiara has also stated he will not stand for board re-election at the AGM in May.
He had held a board seat since May 2020, and will continue to serve as group CFO.
Vince Sadusky, Brightstar CEO, said: “Better-than-expected fourth quarter revenue and profit growth reflect the value of our diverse portfolio across geographies and games.
“2025 was a transformational year for us. We executed major strategic priorities, including selling IGT Gaming and increasing capital returns to shareholders.
“2026 is an important year of investment in several high-ROI growth initiatives such as Italy B2C digital expansion and launching a new lottery in São Paulo, which we expect to drive accelerated sales and profit growth through 2028.”
Brightstar noted its full-year revenue expectation for 2026 is between $2.50bn and $2.55bn, “including more than 5% organic growth”.
Adjusted EBITDA for 2016 is anticipated to land between $1.16bn and $1.19bn.
Arnold Ash is EGR’s Executive Recruitment Partner. They support ambitious organisations to identify and attract industry leading executive talent. Find out more here.
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Lottery supplier says it expects both revenue and EBITDA to grow organically in 2026, as it also announces board reshuffle
The post Brightstar revenue grows 3% YoY in “better-than-expected” performance first appeared on EGR Intel.