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Brightstar Lottery vs Vail Resorts: revenue, profit, margins and growth compared

Brightstar Lottery brought in $2.5B of revenue in fiscal 2025, Vail Resorts $3B in fiscal 2025. Revenue changed by -0.0% at Brightstar Lottery and +2.7% at Vail Resorts on the year before, so Vail Resorts grew faster. Brightstar Lottery kept 5.9% of its revenue as net profit, Vail Resorts 9.4%. Free cash flow was -$415M at Brightstar Lottery and $319.7M at Vail Resorts.

Side by side, latest fiscal year

BRSLMTN
Fiscal year endedFY2025 (December 31, 2025)FY2025 (July 31, 2025)
Revenue$2.5B$3B
Revenue growth-0.0%+2.7%
Net income$147M$280M
Net margin5.9%9.4%
Free cash flow-$415M$319.7M
Free cash flow margin-16.5%10.8%
Earnings per share (diluted)$0.74$7.53
Cash$1.4B$440.3M
Debt$4.2B$3.2B
Price to earningsn/a18.1
Market value$1.8B$4.9B
Dividend yieldn/a6.52%
Rank by revenue in sector#322 of 778 · Consumer discretionary#286 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: $2.5BMTN FY2018: $2BMTN FY2019: $2.3BMTN FY2020: $2BMTN FY2021: $1.9BMTN FY2022: $2.5BMTN FY2023: $2.9BMTN FY2024: $2.9BMTN FY2025: $3BFY18FY19FY20FY21FY22FY23FY24FY25
BRSL $2.5BMTN $3B
Net income
BRSL FY2018: -$21.4MBRSL FY2019: -$19MBRSL FY2020: -$898MBRSL FY2021: $482MBRSL FY2022: $275MBRSL FY2023: $156MBRSL FY2024: $348MBRSL FY2025: $147MMTN FY2018: $379.9MMTN FY2019: $301.2MMTN FY2020: $98.8MMTN FY2021: $127.9MMTN FY2022: $347.9MMTN FY2023: $265.8MMTN FY2024: $231.1MMTN FY2025: $280MFY18FY19FY20FY21FY22FY23FY24FY25
BRSL $147MMTN $280M
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%MTN FY2018: 18.9%MTN FY2019: 13.3%MTN FY2020: 5.0%MTN FY2021: 6.7%MTN FY2022: 13.8%MTN FY2023: 9.2%MTN FY2024: 8.0%MTN FY2025: 9.4%FY18FY19FY20FY21FY22FY23FY24FY25
BRSL 5.9%MTN 9.4%
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%MTN FY2019: +12.9%MTN FY2020: -13.6%MTN FY2021: -2.7%MTN FY2022: +32.3%MTN FY2023: +14.4%MTN FY2024: -0.1%MTN FY2025: +2.7%FY19FY20FY21FY22FY23FY24FY25
BRSL -0.0%MTN +2.7%
Free cash flow
BRSL FY2018: -$442.7MBRSL FY2019: $716MBRSL FY2020: $611MBRSL FY2021: $740MBRSL FY2022: $737MBRSL FY2023: $865MBRSL FY2024: $901MBRSL FY2025: -$415MMTN FY2018: $407.9MMTN FY2019: $442.2MMTN FY2020: $222.6MMTN FY2021: $410.2MMTN FY2022: $517.7MMTN FY2023: $322.9MMTN FY2024: $377.8MMTN FY2025: $319.7MFY18FY19FY20FY21FY22FY23FY24FY25
BRSL -$415MMTN $319.7M

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

Questions about Brightstar Lottery and Vail Resorts

Which is bigger by revenue, Brightstar Lottery or Vail Resorts?

Vail Resorts is bigger by revenue: $3B in fiscal 2025, against $2.5B for Brightstar Lottery in fiscal 2025.

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

Brightstar Lottery had a net margin of 5.9% in fiscal 2025; Vail Resorts had 9.4% in fiscal 2025.

Which grew revenue faster, Brightstar Lottery or Vail Resorts?

In their latest fiscal years revenue changed by -0.0% at Brightstar Lottery and +2.7% at Vail Resorts.

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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