Brightstar Lottery reports Q3 2026 results in line with expectations

• Brightstar Lottery revealed data, highlighting its financial performance for the three months ended September 30, 2026
• The company maintained focus on expansion during the latest trading period, growing its footprint in the United States and Italy
• Executives at Brightstar Lottery share their excitement

The global provider of lottery games, technology, services and solutions, Brightstar Lottery, maintains focus on strategic objectives while reporting strong third quarter revenue.

Q3 revenue dips year-over-year

The company has announced its financial results, covering the three months ended September 30, 2026.

In Q3 this year, Brightstar Lottery posted $607m in revenue, a result that signaled a slight decrease of 4% when compared to the $629m result from Q3 2025.

In a press release, the company highlighted that key revenue growth drivers in Q3 this year included its B2C expansion in Italy, product sales of retail hardware and software, as well as retail tickets and higher revenue from software services and expansion outside of the United States.

On the other hand, the revenue result was offset by foreign currency translation, the transition of the company’s UK service contract, lower same-store sales in different U.S. markets as well as an increase in service revenue amortization tied to its new lottery license in Italy.

Similarly, Adjusted EBITDA in Q3 this year decreased slightly to $289m, down by 2% year-over-year.

According to Brightstar Lottery, cost efficiency and increased global product sales were among the key drivers of Adjusted EBITDA.

On the other hand, growth of investments, foreign currency translation and UK service contract transition represented headwinds for Adjusted EBITDA during the latest trading period.

Focusing on the bigger picture, Brightstar Lottery reported $1.78bn in revenue for the year-to-date period in 2026, a result that shows a 4% dip when compared to the $1.84bn figure from 2025.

This result, the company said, comes as "increases in product sales and other service revenue were more than offset by increased service revenue amortization and the transition of the UK contract."

In contrast, Adjusted EBITDA for the year-to-date period of 2026 marked a 5% increase to $861m.

Profitability is strong and resilient, CFO says

Max Chiara, Brightstar Lottery’s CFO, discussed the latest financial results, saying: "Operational growth drivers are contributing at an accelerated pace, reinforcing our medium-term growth outlook."

Moreover, he explained: "Our profitability is strong and resilient as we remain focused on disciplined execution and cost efficiencies. Leverage is within our targeted range and we are committed to returning capital to shareholders."

Vince Sadusky, the company’s CEO, added that the Q3 2026 and year-to-date 2026 results highlight the performance of Brightstar Lottery’s diverse portfolio of services and products, together with the accomplishment of strategic objectives.

"Revenue and profit were in line with our expectations, even as we invest to strengthen our contract portfolio, expand our technology and service offerings, and accelerate game and product innovation," Sadusky said.

Finally, the executive said Brightstar remains confident in its ability to leverage its products, technology and services to deliver shareholder value and drive sustainable growth.

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