Company: BRSL
Filing Date: 2025-11-04
Form Type: 6-K
Source: 0001628280-25-048813
Chunk: 10

Company: Brightstar Lottery PLC
Filing Date: 2025-11-04
Form: 6-K
Chunk 10
---
 |  -150 |
| Operating and facilities management contracts (includes amortization of upfront license fees) |     |                                          | 591 |     |      | 551 |     |                                         | 1,712 |     |      | 1,729 |
| Systems, software, and other                                                                  |     |                                          |  13 |     |      |  15 |     |                                         |    38 |     |      |    42 |
| Service revenue (includes amortization of upfront license fees)                               |     |                                          | 604 |     |      | 566 |     |                                         | 1,750 |     |      | 1,771 |
| Product sales                                                                                 |     |                                          |  25 |     |      |  20 |     |                                         |    93 |     |      |    89 |
| Total revenue                                                                                 |     |                                          | 629 |     |      | 587 |     |                                         | 1,843 |     |      | 1,861 |

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Table of Contents

#### Contract Balances
Contract assets reflect revenue recognized in advance of invoicing our customer. The amount of contract assets, which is included within Other current assets and Other non-current assets in the condensed consolidated balance sheets, was $53 million and $51 million at September 30, 2025 and December 31, 2024, respectively.

Contract liabilities relate to payments received in advance of the satisfaction of performance under the contract. The amount of contract liabilities, which is included within Other current liabilities and Other non-current liabilities in the condensed consolidated balance sheets, was $67 million and $61 million at September 30, 2025 and December 31, 2024, respectively.

The amount of revenue recognized during the nine months ended September 30, 2025 that was included in the contract liabilities balance at the beginning of the period was $19 million.

Transaction Price Allocated to Remaining Performance Obligations

At September 30, 2025, the transaction price allocated to unsatisfied performance obligations for contracts expected to be greater than one year, or performance obligations for which we do not have a right to consideration from the customer in the amount that corresponds to the value to the customer for our performance completed to date, variable consideration which is not accounted for in accordance with the sales-based or usage-based royalties guidance, or contracts which are not wholly unperformed, is approximately $840 million. Of this