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Side-by-side financial comparison of Brightstar Lottery PLC (BRSL) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.

Vertiv Holdings Co is the larger business by last-quarter revenue ($2.6B vs $2.5B, roughly 1.1× Brightstar Lottery PLC). Vertiv Holdings Co runs the higher net margin — 14.7% vs 5.9%, a 8.9% gap on every dollar of revenue. Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $-415.0M).

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

BRSL vs VRT — Head-to-Head

Bigger by revenue
VRT
VRT
1.1× larger
VRT
$2.6B
$2.5B
BRSL
Higher net margin
VRT
VRT
8.9% more per $
VRT
14.7%
5.9%
BRSL
More free cash flow
VRT
VRT
$1.1B more FCF
VRT
$652.8M
$-415.0M
BRSL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BRSL
BRSL
VRT
VRT
Revenue
$2.5B
$2.6B
Net Profit
$147.0M
$390.1M
Gross Margin
37.7%
Operating Margin
11.9%
Net Margin
5.9%
14.7%
Revenue YoY
30.1%
Net Profit YoY
137.1%
EPS (diluted)
$0.74
$0.99

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
VRT
VRT
Q1 26
$2.6B
Q4 25
$2.5B
$2.9B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
$2.0B
Q4 24
$2.3B
Q3 24
$2.1B
Q2 24
$2.0B
Net Profit
BRSL
BRSL
VRT
VRT
Q1 26
$390.1M
Q4 25
$147.0M
$445.6M
Q3 25
$398.5M
Q2 25
$324.2M
Q1 25
$164.5M
Q4 24
$147.0M
Q3 24
$176.6M
Q2 24
$178.1M
Gross Margin
BRSL
BRSL
VRT
VRT
Q1 26
37.7%
Q4 25
38.9%
Q3 25
37.8%
Q2 25
34.0%
Q1 25
33.7%
Q4 24
37.1%
Q3 24
36.5%
Q2 24
38.0%
Operating Margin
BRSL
BRSL
VRT
VRT
Q1 26
Q4 25
11.9%
20.1%
Q3 25
19.3%
Q2 25
16.8%
Q1 25
14.3%
Q4 24
19.5%
Q3 24
17.9%
Q2 24
17.2%
Net Margin
BRSL
BRSL
VRT
VRT
Q1 26
14.7%
Q4 25
5.9%
15.5%
Q3 25
14.9%
Q2 25
12.3%
Q1 25
8.1%
Q4 24
6.3%
Q3 24
8.5%
Q2 24
9.1%
EPS (diluted)
BRSL
BRSL
VRT
VRT
Q1 26
$0.99
Q4 25
$0.74
$1.14
Q3 25
$1.02
Q2 25
$0.83
Q1 25
$0.42
Q4 24
$0.38
Q3 24
$0.46
Q2 24
$0.46

Balance Sheet & Financial Strength

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

Metric
BRSL
BRSL
VRT
VRT
Cash + ST InvestmentsLiquidity on hand
$1.4B
$2.5B
Total DebtLower is stronger
$4.1B
$0
Stockholders' EquityBook value
$875.0M
$4.2B
Total Assets
$9.2B
$13.4B
Debt / EquityLower = less leverage
4.64×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRSL
BRSL
VRT
VRT
Q1 26
$2.5B
Q4 25
$1.4B
$1.7B
Q3 25
$1.4B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.2B
Q3 24
$908.7M
Q2 24
$579.7M
Total Debt
BRSL
BRSL
VRT
VRT
Q1 26
$0
Q4 25
$4.1B
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
BRSL
BRSL
VRT
VRT
Q1 26
$4.2B
Q4 25
$875.0M
$3.9B
Q3 25
$3.5B
Q2 25
$3.1B
Q1 25
$2.7B
Q4 24
$2.4B
Q3 24
$1.8B
Q2 24
$1.5B
Total Assets
BRSL
BRSL
VRT
VRT
Q1 26
$13.4B
Q4 25
$9.2B
$12.2B
Q3 25
$10.8B
Q2 25
$10.4B
Q1 25
$9.5B
Q4 24
$9.1B
Q3 24
$8.9B
Q2 24
$8.1B
Debt / Equity
BRSL
BRSL
VRT
VRT
Q1 26
0.00×
Q4 25
4.64×
0.74×
Q3 25
0.83×
Q2 25
0.93×
Q1 25
1.10×
Q4 24
1.20×
Q3 24
1.62×
Q2 24
1.91×

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
VRT
VRT
Operating Cash FlowLast quarter
$-99.0M
Free Cash FlowOCF − Capex
$-415.0M
$652.8M
FCF MarginFCF / Revenue
-16.5%
24.6%
Capex IntensityCapex / Revenue
12.6%
4.2%
Cash ConversionOCF / Net Profit
-0.67×
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRSL
BRSL
VRT
VRT
Q1 26
Q4 25
$-99.0M
$978.9M
Q3 25
$508.7M
Q2 25
$322.9M
Q1 25
$303.3M
Q4 24
$425.2M
Q3 24
$378.2M
Q2 24
$378.4M
Free Cash Flow
BRSL
BRSL
VRT
VRT
Q1 26
$652.8M
Q4 25
$-415.0M
$885.6M
Q3 25
$463.5M
Q2 25
$277.9M
Q1 25
$266.8M
Q4 24
$364.5M
Q3 24
$341.8M
Q2 24
$344.3M
FCF Margin
BRSL
BRSL
VRT
VRT
Q1 26
24.6%
Q4 25
-16.5%
30.8%
Q3 25
17.3%
Q2 25
10.5%
Q1 25
13.1%
Q4 24
15.5%
Q3 24
16.5%
Q2 24
17.6%
Capex Intensity
BRSL
BRSL
VRT
VRT
Q1 26
4.2%
Q4 25
12.6%
3.2%
Q3 25
1.7%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
2.6%
Q3 24
1.8%
Q2 24
1.7%
Cash Conversion
BRSL
BRSL
VRT
VRT
Q1 26
Q4 25
-0.67×
2.20×
Q3 25
1.28×
Q2 25
1.00×
Q1 25
1.84×
Q4 24
2.89×
Q3 24
2.14×
Q2 24
2.12×

Financial Flow Comparison

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

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