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Brightstar Lottery vs DraftKings: revenue, profit, margins and growth compared

Brightstar Lottery brought in $2.5B of revenue in fiscal 2025, DraftKings $6.1B in fiscal 2025. Revenue changed by -0.0% at Brightstar Lottery and +27.0% at DraftKings on the year before, so DraftKings grew faster. Brightstar Lottery kept 5.9% of its revenue as net profit, DraftKings 0.1%. Free cash flow was -$415M at Brightstar Lottery and $647.5M at DraftKings.

Side by side, latest fiscal year

BRSLDKNG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.5B$6.1B
Revenue growth-0.0%+27.0%
Net income$147M$3.7M
Net margin5.9%0.1%
Free cash flow-$415M$647.5M
Free cash flow margin-16.5%10.7%
Earnings per share (diluted)$0.74-$0.01
Cash$1.4B$1.1B
Debt$4.2Bn/a
Price to earningsn/an/a
Market value$1.8B$10.9B
Dividend yieldn/an/a
Rank by revenue in sector#322 of 778 · Consumer discretionary#176 of 778 · Consumer discretionary

Over the years

Revenue
BRSL FY2018: $4BBRSL FY2019: $4BBRSL FY2020: $3.1BBRSL FY2021: $4.1BBRSL FY2022: $2.6BBRSL FY2023: $2.5BBRSL FY2024: $2.5BBRSL FY2025: $2.5BDKNG FY2020: $614.5MDKNG FY2022: $1.3BDKNG FY2022: $2.2BDKNG FY2023: $3.7BDKNG FY2024: $4.8BDKNG FY2025: $6.1BFY18FY19FY20FY21FY22FY23FY24FY25
BRSL $2.5BDKNG $6.1B
Net income
BRSL FY2018: -$21.4MBRSL FY2019: -$19MBRSL FY2020: -$898MBRSL FY2021: $482MBRSL FY2022: $275MBRSL FY2023: $156MBRSL FY2024: $348MBRSL FY2025: $147MDKNG FY2020: -$1.2BDKNG FY2022: -$1.5BDKNG FY2022: -$1.4BDKNG FY2023: -$802.1MDKNG FY2024: -$507.3MDKNG FY2025: $3.7MFY18FY19FY20FY21FY22FY23FY24FY25
BRSL $147MDKNG $3.7M
Net margin
BRSL FY2018: -0.5%BRSL FY2019: -0.5%BRSL FY2020: -28.8%BRSL FY2021: 11.8%BRSL FY2022: 10.6%BRSL FY2023: 6.2%BRSL FY2024: 13.9%BRSL FY2025: 5.9%DKNG FY2020: -200.5%DKNG FY2022: -117.5%DKNG FY2022: -61.5%DKNG FY2023: -21.9%DKNG FY2024: -10.6%DKNG FY2025: 0.1%FY18FY19FY20FY21FY22FY23FY24FY25
BRSL 5.9%DKNG 0.1%
Revenue growth
BRSL FY2019: +1.3%BRSL FY2020: -22.7%BRSL FY2021: +31.3%BRSL FY2022: -36.5%BRSL FY2023: -2.6%BRSL FY2024: -0.7%BRSL FY2025: -0.0%DKNG FY2022: +110.9%DKNG FY2022: +72.9%DKNG FY2023: +63.6%DKNG FY2024: +30.1%DKNG FY2025: +27.0%FY19FY20FY21FY22FY23FY24FY25
BRSL -0.0%DKNG +27.0%
Free cash flow
BRSL FY2018: -$442.7MBRSL FY2019: $716MBRSL FY2020: $611MBRSL FY2021: $740MBRSL FY2022: $737MBRSL FY2023: $865MBRSL FY2024: $901MBRSL FY2025: -$415MDKNG FY2020: -$205.9MDKNG FY2022: -$435.4MDKNG FY2022: -$657.9MDKNG FY2023: -$22.7MDKNG FY2024: $407.6MDKNG FY2025: $647.5MFY18FY19FY20FY21FY22FY23FY24FY25
BRSL -$415MDKNG $647.5M

Fiscal years as each company reports them; the two may end in different months.

Questions about Brightstar Lottery and DraftKings

Which is bigger by revenue, Brightstar Lottery or DraftKings?

DraftKings is bigger by revenue: $6.1B in fiscal 2025, against $2.5B for Brightstar Lottery in fiscal 2025.

Which keeps more of its revenue as profit, Brightstar Lottery or DraftKings?

Brightstar Lottery had a net margin of 5.9% in fiscal 2025; DraftKings had 0.1% in fiscal 2025.

Which grew revenue faster, Brightstar Lottery or DraftKings?

In their latest fiscal years revenue changed by -0.0% at Brightstar Lottery and +27.0% at DraftKings.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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