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Side-by-side financial comparison of Brightstar Lottery PLC (BRSL) and MATTEL INC (MAT). Click either name above to swap in a different company.

Brightstar Lottery PLC is the larger business by last-quarter revenue ($2.5B vs $1.8B, roughly 1.4× MATTEL INC). MATTEL INC runs the higher net margin — 6.0% vs 5.9%, a 0.2% gap on every dollar of revenue.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

BRSL vs MAT — Head-to-Head

Bigger by revenue
BRSL
BRSL
1.4× larger
BRSL
$2.5B
$1.8B
MAT
Higher net margin
MAT
MAT
0.2% more per $
MAT
6.0%
5.9%
BRSL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BRSL
BRSL
MAT
MAT
Revenue
$2.5B
$1.8B
Net Profit
$147.0M
$106.2M
Gross Margin
45.9%
Operating Margin
11.9%
8.0%
Net Margin
5.9%
6.0%
Revenue YoY
7.3%
Net Profit YoY
-24.6%
EPS (diluted)
$0.74
$0.32

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
MAT
MAT
Q4 25
$2.5B
$1.8B
Q3 25
$1.7B
Q2 25
$1.0B
Q1 25
$826.6M
Q4 24
$1.6B
Q3 24
$1.8B
Q2 24
$1.1B
Q1 24
$809.5M
Net Profit
BRSL
BRSL
MAT
MAT
Q4 25
$147.0M
$106.2M
Q3 25
$278.4M
Q2 25
$53.4M
Q1 25
$-40.3M
Q4 24
$140.9M
Q3 24
$372.4M
Q2 24
$56.9M
Q1 24
$-28.3M
Gross Margin
BRSL
BRSL
MAT
MAT
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Q1 24
48.0%
Operating Margin
BRSL
BRSL
MAT
MAT
Q4 25
11.9%
8.0%
Q3 25
21.9%
Q2 25
7.7%
Q1 25
-6.4%
Q4 24
9.6%
Q3 24
26.5%
Q2 24
7.7%
Q1 24
-4.4%
Net Margin
BRSL
BRSL
MAT
MAT
Q4 25
5.9%
6.0%
Q3 25
16.0%
Q2 25
5.2%
Q1 25
-4.9%
Q4 24
8.6%
Q3 24
20.2%
Q2 24
5.3%
Q1 24
-3.5%
EPS (diluted)
BRSL
BRSL
MAT
MAT
Q4 25
$0.74
$0.32
Q3 25
$0.88
Q2 25
$0.16
Q1 25
$-0.12
Q4 24
$0.40
Q3 24
$1.09
Q2 24
$0.17
Q1 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
BRSL
BRSL
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.2B
Total DebtLower is stronger
$4.1B
$2.3B
Stockholders' EquityBook value
$875.0M
$2.2B
Total Assets
$9.2B
$6.6B
Debt / EquityLower = less leverage
4.64×
1.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRSL
BRSL
MAT
MAT
Q4 25
$1.4B
$1.2B
Q3 25
$691.9M
Q2 25
$870.5M
Q1 25
$1.2B
Q4 24
$1.4B
Q3 24
$723.5M
Q2 24
$722.4M
Q1 24
$1.1B
Total Debt
BRSL
BRSL
MAT
MAT
Q4 25
$4.1B
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Q1 24
$2.3B
Stockholders' Equity
BRSL
BRSL
MAT
MAT
Q4 25
$875.0M
$2.2B
Q3 25
$2.3B
Q2 25
$2.2B
Q1 25
$2.1B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.0B
Q1 24
$2.0B
Total Assets
BRSL
BRSL
MAT
MAT
Q4 25
$9.2B
$6.6B
Q3 25
$6.6B
Q2 25
$6.2B
Q1 25
$6.2B
Q4 24
$6.5B
Q3 24
$6.5B
Q2 24
$5.9B
Q1 24
$6.1B
Debt / Equity
BRSL
BRSL
MAT
MAT
Q4 25
4.64×
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.03×
Q3 24
1.01×
Q2 24
1.18×
Q1 24
1.15×

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
MAT
MAT
Operating Cash FlowLast quarter
$-99.0M
$796.6M
Free Cash FlowOCF − Capex
$-415.0M
FCF MarginFCF / Revenue
-16.5%
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
-0.67×
7.50×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRSL
BRSL
MAT
MAT
Q4 25
$-99.0M
$796.6M
Q3 25
$72.0M
Q2 25
$-300.1M
Q1 25
$24.8M
Q4 24
$862.1M
Q3 24
$155.8M
Q2 24
$-252.9M
Q1 24
$35.5M
Free Cash Flow
BRSL
BRSL
MAT
MAT
Q4 25
$-415.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
BRSL
BRSL
MAT
MAT
Q4 25
-16.5%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
BRSL
BRSL
MAT
MAT
Q4 25
12.6%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BRSL
BRSL
MAT
MAT
Q4 25
-0.67×
7.50×
Q3 25
0.26×
Q2 25
-5.62×
Q1 25
Q4 24
6.12×
Q3 24
0.42×
Q2 24
-4.45×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRSL
BRSL

Segment breakdown not available.

MAT
MAT

North America Segment$1.0B58%
International Segment$745.6M42%

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