Company: BRSL
Filing Date: 2025-07-29
Form Type: 6-K
Source: 0001619762-25-000049
Chunk: 31

Company: Brightstar Lottery PLC
Filing Date: 2025-07-29
Form: 6-K
Chunk 31
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 |        | -700 | bps |     |                          |     |     |                                   |  23 | % |     | 31 |   % |     |        | -800 | bps |     |     |

Operating margin decreased for both periods, primarily due to the reduction in LMA incentives revenues with no associated costs reduction, and higher costs associated with Phase 2 of the OPtiMa 3.0 restructuring plan initiated in the quarter. The first six months was further impacted by the drop in product sales, as discussed above.

#### Non-operating expenses
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     | 2025 | For the three months ended June 30, |     | 2024 |    |     | Change |     |     |   |     |        |     | 2025 | For the six months ended June 30, |     | 2024 |     |     | Change |     |     |   |     |        |
|:-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|------------------------------------:|:----|:-----|---:|:----|:-------|----:|:----|:--|----:|:-------|:----|:-----|----------------------------------:|:----|:-----|----:|:----|:-------|----:|:----|:--|----:|:-------|
| ($ in millions)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     | $    |                                     |     | $    |    |     | $      |     |     | % |     |        |     | $    |                                   |     | $    |     |     | $      |     |     | % |     |        |
| Interest expense, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     |      |                                  49 |     |      | 53 |     |        |  -4 |     |   |  -8 |        |     |      |                                94 |     |      | 106 |     |        | -12 |     |   | -11 |        |
| Net interest expense decreased in both periods, primarily due to lower borrowings on the Revolving Credit Facilities and a lower average balance in the Term Loan Facilities following payment of a January installment on the 2027 Facility, partially offset by the new senior facilities agreement entered into in the first quarter and fully utilized in the second quarter as described in “Item 1. Notes to