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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brightstar Lottery's retained earnings for the quarter that ended in Mar. 2026 was $0 Mil.
Brightstar Lottery's quarterly retained earnings
increased
from Sep. 2025 ($-574 Mil) to Dec. 2025 ($-513 Mil) and
increased
from Dec. 2025 ($-513 Mil) to Mar. 2026 ($0 Mil).
Brightstar Lottery's annual retained earnings
increased
from Dec. 2023 ($-1,008 Mil) to Dec. 2024 ($-660 Mil) and
increased
from Dec. 2024 ($-660 Mil) to Dec. 2025 ($-513 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Brightstar Lottery Retained Earnings Historical Data
* Premium members only.
The historical data trend for Brightstar Lottery's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Brightstar Lottery (BRSL) has a Retained Earnings of $0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Brightstar Lottery and its competitors.
Is Brightstar Lottery's Retained Earnings too high?
Brightstar Lottery's current Retained Earnings is $0 Mil. Overall, Brightstar Lottery has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brightstar Lottery's Retained Earnings compare to ACEL and RSI?
Brightstar Lottery's Retained Earnings of $0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Brightstar Lottery and its competitors. Brightstar Lottery's current Retained Earnings is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightstar Lottery stock overvalued right now?
Based on GuruFocus' analysis, Brightstar Lottery (BRSL) is currently considered Possible Value Trap. The stock's GF Value™ is $18.95, compared to a current price of $10.44 — trading 44.9% below its estimated fair value. The current Retained Earnings is $0 Mil. Brightstar Lottery's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Brightstar Lottery (BRSL), the current Retained Earnings is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Brightstar Lottery (BRSL) Overvalued in 2026?
Based on GuruFocus' analysis, Brightstar Lottery stock appears to be undervalued.
The current stock price of $10.44 is trading 44.9% below its estimated GF Value™ of $18.95.
GuruFocus considers Brightstar Lottery to be Possible Value Trap.
Key valuation signals for BRSL:
Retained Earnings: $0 Mil
GF Value™: $18.95 vs. price of $10.44 (44.9% below fair value)
No single metric tells the full story. See the BRSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brightstar Lottery PLC is a pure-play lottery company focused on innovation, delivering secure technology and comprehensive lottery solutions. The Company operates lottery management services and instant lottery systems, and runs an international land-based lottery and iLottery business covering sales, operations, product development, technology, and support, while serving as an iLottery platform provider. Lottery services are delivered through operating contracts, FMCs, LMAs, iLottery, and product sales contracts, including the Italian Lotto license and Italian Scratch and Win (Gratta e Vinci) lottery license. The majority of revenue comes from operating contracts and FMCs. Brightstar operates in the US, Italy, Rest of Europe, and Others, with the majority of revenue coming from the US.
64GF Score
Get the complete analysis for BRSL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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