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Brightstar Lottery PLC

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

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About this filing

The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.

FY2025 · Filed Feb 24, 2026

BRSL$9.90-1.2%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

Forward-Looking Statements

This annual report on Form 20-F includes forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning the Company and other matters. These statements may discuss goals, intentions, and expectations as to future plans and strategies, expected growth, transactions, trends, events, products and services, customer relationships, dividends, results of operations, and/or financial condition or measures, including our expectations on future revenue, income, cash, and capital expenditures guidance, and assumptions regarding the EUR to USD exchange ratio, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall,” “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “outlook,” “possible,” “potential,” “predict,” “project,” “target,” “designed to,” “strategy,” “committed to” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to):

the possibility that the Company may not achieve its anticipated financial results in one or more future periods and create incremental value for shareholders;

the possibility that the Parent will be unable to pay dividends to shareholders or that the amount of such dividends may be less than anticipated;

the Company’s ability to successfully maintain its relationships with its customers or attract new customers, including its ability to continue to win, renew, or extend licenses, lottery contracts, and other service contracts on favorable terms;

the Company’s ability to win long-term contracts in a competitive industry;

the Company’s ability to compete with other forms of comparable entertainment, including shifts toward digital channels;

changing economic conditions in the global markets where the Company operates, including economic slowdowns, rising interest rates, inflationary and other economic factors that pressure customer spending, changes in customer demand for products and services and a slowdown in customer payments;

unanticipated changes relating to competitive factors in the industries in which the Company operates;

the Company’s ability to develop and manage frequent introductions of innovative products and respond to technological changes, including the use of artificial intelligence;

the Company’s international operations, which are subject to the risks of currency fluctuations and foreign exchange controls;

the impact of supply chain constraints on the Company’s ability to meet demand for its products;

an increase in costs resulting from supply chain constraints, including, but not limited to, increases in input costs, labor costs and freight costs, among others;

reliance on and integration of information technology systems, including the ability to prevent, mitigate or timely recover from cybersecurity incidents;

the Company’s ability to hire and retain key personnel;

The Company’s use of intellectual property, including its ability to protect its own intellectual property and license third-party intellectual property;

the Company’s ability to achieve future growth by executing on strategic alliances and corporate transactions such as mergers, acquisitions, divestitures, and spin offs;

changes in legislation, governmental regulations, or the enforcement thereof, including changes in tax laws and tariffs in or between the jurisdictions in which the Company operates, that could affect the Company;

the effects of geopolitical or military conflicts, including events concerning Ukraine, Taiwan and Israel, that could affect the Company, its suppliers and/or customers;

conditions in the credit markets;

risks associated with assumptions the Company makes in connection with its critical accounting estimates; and

the resolution of pending and potential future legal, regulatory, or tax proceedings and investigations.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that affect the Company’s business, including those described in “Item 3. Key Information—D. Risk Factors”, “Item 5. Operating and Financial Review and Prospects” and other documents filed by the Parent from time to time with the SEC. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. Nothing in this annual report is intended, or is to be construed, as a profit forecast or to be interpreted to mean that earnings per share of the Parent for the current or any future financial years will necessarily match or exceed the historical published earnings per share of the Parent, as applicable. All forward-looking statements contained in this annual report on Form 20-F are qualified in their entirety by this cautionary statement.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.