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Side-by-side financial comparison of Brightstar Lottery PLC (BRSL) and Falcon's Beyond Global, Inc. (FBYD). Click either name above to swap in a different company.

Brightstar Lottery PLC is the larger business by last-quarter revenue ($2.5B vs $6.6M, roughly 381.3× Falcon's Beyond Global, Inc.). Brightstar Lottery PLC runs the higher net margin — 5.9% vs -4.5%, a 10.3% gap on every dollar of revenue. Falcon's Beyond Global, Inc. produced more free cash flow last quarter ($-4.3M vs $-415.0M).

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.

BRSL vs FBYD — Head-to-Head

Bigger by revenue
BRSL
BRSL
381.3× larger
BRSL
$2.5B
$6.6M
FBYD
Higher net margin
BRSL
BRSL
10.3% more per $
BRSL
5.9%
-4.5%
FBYD
More free cash flow
FBYD
FBYD
$410.7M more FCF
FBYD
$-4.3M
$-415.0M
BRSL

Income Statement — Q4 2025 vs Q4 2025

Metric
BRSL
BRSL
FBYD
FBYD
Revenue
$2.5B
$6.6M
Net Profit
$147.0M
$-296.0K
Gross Margin
Operating Margin
11.9%
-30.9%
Net Margin
5.9%
-4.5%
Revenue YoY
383.5%
Net Profit YoY
97.5%
EPS (diluted)
$0.74
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BRSL
BRSL
FBYD
FBYD
Q4 25
$2.5B
$6.6M
Q3 25
$4.1M
Q2 25
$2.5M
Q1 25
$1.7M
Q4 24
$1.4M
Q3 24
$2.1M
Q2 24
$1.8M
Q1 24
$1.5M
Net Profit
BRSL
BRSL
FBYD
FBYD
Q4 25
$147.0M
$-296.0K
Q3 25
$-10.4M
Q2 25
$25.1M
Q1 25
$-8.1M
Q4 24
$-11.9M
Q3 24
$39.3M
Q2 24
$8.0M
Q1 24
$114.0M
Operating Margin
BRSL
BRSL
FBYD
FBYD
Q4 25
11.9%
-30.9%
Q3 25
-90.9%
Q2 25
-53.0%
Q1 25
-371.1%
Q4 24
-335.6%
Q3 24
-118.9%
Q2 24
-195.9%
Q1 24
-350.5%
Net Margin
BRSL
BRSL
FBYD
FBYD
Q4 25
5.9%
-4.5%
Q3 25
-256.8%
Q2 25
985.2%
Q1 25
-473.8%
Q4 24
-871.7%
Q3 24
1899.5%
Q2 24
446.5%
Q1 24
7521.4%
EPS (diluted)
BRSL
BRSL
FBYD
FBYD
Q4 25
$0.74
$-0.01
Q3 25
$-0.13
Q2 25
$0.30
Q1 25
$-0.13
Q4 24
$-0.25
Q3 24
$0.39
Q2 24
$0.00
Q1 24
$1.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BRSL
BRSL
FBYD
FBYD
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.9M
Total DebtLower is stronger
$4.1B
$15.6M
Stockholders' EquityBook value
$875.0M
$11.9M
Total Assets
$9.2B
$66.7M
Debt / EquityLower = less leverage
4.64×
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRSL
BRSL
FBYD
FBYD
Q4 25
$1.4B
$1.9M
Q3 25
$4.3M
Q2 25
$26.1M
Q1 25
$1.1M
Q4 24
$825.0K
Q3 24
$828.0K
Q2 24
$1.7M
Q1 24
$1.1M
Total Debt
BRSL
BRSL
FBYD
FBYD
Q4 25
$4.1B
$15.6M
Q3 25
Q2 25
Q1 25
Q4 24
$41.2M
Q3 24
$10.3M
Q2 24
$15.7M
Q1 24
$15.1M
Stockholders' Equity
BRSL
BRSL
FBYD
FBYD
Q4 25
$875.0M
$11.9M
Q3 25
$9.2M
Q2 25
$414.0K
Q1 25
$-11.6M
Q4 24
$-9.0M
Q3 24
$-1.4M
Q2 24
$-44.7M
Q1 24
$-61.7M
Total Assets
BRSL
BRSL
FBYD
FBYD
Q4 25
$9.2B
$66.7M
Q3 25
$66.8M
Q2 25
$89.2M
Q1 25
$56.7M
Q4 24
$61.2M
Q3 24
$66.5M
Q2 24
$65.9M
Q1 24
$67.8M
Debt / Equity
BRSL
BRSL
FBYD
FBYD
Q4 25
4.64×
1.31×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRSL
BRSL
FBYD
FBYD
Operating Cash FlowLast quarter
$-99.0M
$-4.3M
Free Cash FlowOCF − Capex
$-415.0M
$-4.3M
FCF MarginFCF / Revenue
-16.5%
-66.0%
Capex IntensityCapex / Revenue
12.6%
0.3%
Cash ConversionOCF / Net Profit
-0.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRSL
BRSL
FBYD
FBYD
Q4 25
$-99.0M
$-4.3M
Q3 25
$-13.3M
Q2 25
$-7.9M
Q1 25
$945.0K
Q4 24
$-3.8M
Q3 24
$-2.4M
Q2 24
$-2.6M
Q1 24
$-3.8M
Free Cash Flow
BRSL
BRSL
FBYD
FBYD
Q4 25
$-415.0M
$-4.3M
Q3 25
$-13.4M
Q2 25
Q1 25
$853.0K
Q4 24
$-3.8M
Q3 24
$-2.4M
Q2 24
$-2.6M
Q1 24
$-3.8M
FCF Margin
BRSL
BRSL
FBYD
FBYD
Q4 25
-16.5%
-66.0%
Q3 25
-329.6%
Q2 25
Q1 25
49.9%
Q4 24
-278.7%
Q3 24
-114.9%
Q2 24
-145.6%
Q1 24
-248.8%
Capex Intensity
BRSL
BRSL
FBYD
FBYD
Q4 25
12.6%
0.3%
Q3 25
1.0%
Q2 25
0.0%
Q1 25
5.4%
Q4 24
0.1%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.3%
Cash Conversion
BRSL
BRSL
FBYD
FBYD
Q4 25
-0.67×
Q3 25
Q2 25
-0.31×
Q1 25
Q4 24
Q3 24
-0.06×
Q2 24
-0.33×
Q1 24
-0.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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