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Side-by-side financial comparison of Brightstar Lottery PLC (BRSL) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.

Brightstar Lottery PLC is the larger business by last-quarter revenue ($2.5B vs $2.2B, roughly 1.1× RENAISSANCERE HOLDINGS LTD). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs 5.9%, a 17.6% gap on every dollar of revenue.

RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.

BRSL vs RNR — Head-to-Head

Bigger by revenue
BRSL
BRSL
1.1× larger
BRSL
$2.5B
$2.2B
RNR
Higher net margin
RNR
RNR
17.6% more per $
RNR
23.5%
5.9%
BRSL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BRSL
BRSL
RNR
RNR
Revenue
$2.5B
$2.2B
Net Profit
$147.0M
$515.8M
Gross Margin
Operating Margin
11.9%
Net Margin
5.9%
23.5%
Revenue YoY
-36.8%
Net Profit YoY
72.6%
EPS (diluted)
$0.74
$6.57

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
RNR
RNR
Q1 26
$2.2B
Q4 25
$2.5B
$3.0B
Q3 25
$3.2B
Q2 25
$3.2B
Q1 25
$3.5B
Q4 24
$2.3B
Q3 24
$4.0B
Q2 24
$2.8B
Net Profit
BRSL
BRSL
RNR
RNR
Q1 26
$515.8M
Q4 25
$147.0M
$760.5M
Q3 25
$916.5M
Q2 25
$835.4M
Q1 25
$170.0M
Q4 24
$-189.7M
Q3 24
$1.2B
Q2 24
$503.9M
Operating Margin
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
11.9%
42.5%
Q3 25
46.3%
Q2 25
41.8%
Q1 25
-2.0%
Q4 24
-3.6%
Q3 24
43.7%
Q2 24
25.0%
Net Margin
BRSL
BRSL
RNR
RNR
Q1 26
23.5%
Q4 25
5.9%
25.6%
Q3 25
28.7%
Q2 25
26.1%
Q1 25
4.9%
Q4 24
-8.3%
Q3 24
29.8%
Q2 24
17.8%
EPS (diluted)
BRSL
BRSL
RNR
RNR
Q1 26
$6.57
Q4 25
$0.74
$16.16
Q3 25
$19.40
Q2 25
$17.20
Q1 25
$3.27
Q4 24
$-3.76
Q3 24
$22.62
Q2 24
$9.41

Balance Sheet & Financial Strength

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

Metric
BRSL
BRSL
RNR
RNR
Cash + ST InvestmentsLiquidity on hand
$1.4B
$1.6B
Total DebtLower is stronger
$4.1B
Stockholders' EquityBook value
$875.0M
$4.3B
Total Assets
$9.2B
$53.7B
Debt / EquityLower = less leverage
4.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRSL
BRSL
RNR
RNR
Q1 26
$1.6B
Q4 25
$1.4B
$1.7B
Q3 25
$1.7B
Q2 25
$1.4B
Q1 25
$1.6B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.6B
Total Debt
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
$4.1B
$2.3B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.8B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$2.0B
Stockholders' Equity
BRSL
BRSL
RNR
RNR
Q1 26
$4.3B
Q4 25
$875.0M
$11.6B
Q3 25
$11.5B
Q2 25
$10.8B
Q1 25
$10.3B
Q4 24
$10.6B
Q3 24
$11.2B
Q2 24
$10.2B
Total Assets
BRSL
BRSL
RNR
RNR
Q1 26
$53.7B
Q4 25
$9.2B
$53.8B
Q3 25
$54.5B
Q2 25
$54.7B
Q1 25
$53.6B
Q4 24
$50.7B
Q3 24
$52.8B
Q2 24
$51.6B
Debt / Equity
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
4.64×
0.20×
Q3 25
0.19×
Q2 25
0.21×
Q1 25
0.27×
Q4 24
0.18×
Q3 24
0.17×
Q2 24
0.19×

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
RNR
RNR
Operating Cash FlowLast quarter
$-99.0M
Free Cash FlowOCF − Capex
$-415.0M
FCF MarginFCF / Revenue
-16.5%
Capex IntensityCapex / Revenue
12.6%
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
RNR
RNR
Q1 26
Q4 25
$-99.0M
$483.0M
Q3 25
$1.6B
Q2 25
$1.5B
Q1 25
$157.8M
Q4 24
$778.9M
Q3 24
$1.5B
Q2 24
$1.2B
Free Cash Flow
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
$-415.0M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
-16.5%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
12.6%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
BRSL
BRSL
RNR
RNR
Q1 26
Q4 25
-0.67×
0.64×
Q3 25
1.73×
Q2 25
1.76×
Q1 25
0.93×
Q4 24
Q3 24
1.26×
Q2 24
2.41×

Financial Flow Comparison

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

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