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

Company: Brightstar Lottery PLC
Filing Date: 2025-07-29
Form: 6-K
Chunk 29
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 revenue, as discussed above, notably from LMA incentive revenues, which affect the revenue without a corresponding decrease in costs.

Gross margin on product sales for the three months ended June 30, 2025 increased compared to the same period last year. This increase is primarily due to an increase in product sales, as discussed above, with gross margin as a percentage of product sales remaining relatively stable. Gross margin on product sales for the six months ended June 30, 2025 decreased compared to the same period last year. This decline is primarily due to reduced product sales, as discussed above, and a less favorable product mix. Specifically, there was a decrease in higher-margin systems and software sales and an increase in lower-margin ticket printing sales.

#### Operating expenses
|                                                                                                                                                                                                          |     | 2025 | For the three months ended June 30, |     | 2024 |    |     | Change |   |     |   |    |     | 2025 | For the six months ended June 30, |     | 2024 |     |     | Change |   |     |   |    |
|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-----|------------------------------------:|:----|:-----|---:|:----|:-------|--:|:----|:--|---:|:----|:-----|----------------------------------:|:----|:-----|----:|:----|:-------|--:|:----|:--|---:|
| ($ in millions)                                                                                                                                                                                          |     | $    |                                     |     | $    |    |     | $      |   |     | % |    |     | $    |                                   |     | $    |     |     | $      |   |     | % |    |
| Selling, general and administrative                                                                                                                                                                      |     |      |                                 100 |     |      | 96 |     |        | 4 |     |   | +4 |     |      |                               204 |     |      | 198 |     |        | 6 |     |   | +3 |
| Selling, general and administrative expenses increased in both periods, primarily due to an increase in outside service costs for legal consultants used as compared to the prior corresponding periods. |     |      |                                     |     |      |    |     |        |   |     |   |    |     |      |                                   |     |      |     |     |        |