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Stock research / United States / RSI · Services-Miscellaneous Amusement & Recreation · NYSE

Rush Street Interactive, Inc. (RSI)

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Rush Street Interactive, Inc. (RSI) reported revenue of $394 million for Q2 FY2026, the quarter ended 30 June 2026, up 46.3% on the same quarter a year earlier. Net income was $12 million, down 30.8% on the year, and diluted earnings per share $0.10. The figures are the company's own, from the 10-Q it filed with the SEC on 30 July 2026.

Revenue$394 millionup 46.3%
Net income$12 milliondown 30.8%
Diluted EPS$0.10
QuarterQ2 FY2026ended 30 June 2026

Rush Street Interactive (RSI) in brief

Rush Street Interactive (RSI) reported revenue of $1.1 billion for fiscal 2025, the year ended 31 December 2025, up 22.8% on the year before.
Read moreNet income was $33 million and diluted earnings per share $0.31. Revenue was $924 million in fiscal 2024, $691 million in fiscal 2023, $592 million in fiscal 2022 and $488 million in fiscal 2021. Net income in the same years was $2 million, a loss of $18 million, a loss of $39 million and a loss of $19 million. Over the twelve months to 30 June 2026, Rush Street Interactive reported revenue of $1.4 billion and net income of $32 million. Revenue grew 32.4% a year, compounded, over the five years to fiscal 2025. At 30 June 2026 it carried $0 million of debt and $340 million of cash. At the close of 9 October 2026 the market cap of Rush Street Interactive was $2.2 billion, 65.1 times its earnings over the last twelve months.

Ratios

From the filings

ROE17.2%
ROCE74.3%
Operating margin10.1%
Net margin2.3%
FCF margin13.3%
Interest covern/a
Debt to equity0.00
Cash conversion5.72
Share count, 1 yearn/a
Sales CAGR, 3 years24.2%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.29

At the close of 9 October 2026

Price$18.88
Market cap$2.2 billion
Stock P/E65.10
Price to book11.83
EV / EBITDA10.27
Dividend yieldn/a
Market cap / sales1.60
52-week high$34.52
52-week low$15.89
Price, 1 year0.3%
Price CAGR, 3 years63.4%
Price CAGR, 5 years-2.0%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Rush Street Interactive, Inc.'s balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
RSIgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on RSI

Filings16 in twelve months: 7 current reports (8-K), about 4 results of operations; 1 shareholder vote; 1 other events; 1 officer or director change; 1 regulation FD disclosure
Planned insider sales42 Form 144 notices in twelve months, $79.0 million; latest 5 October 2026
Options tapeput/call 0.22 by open interest at the 9 October 2026 close; the straddle prices a 7.8% move to 16 October 2026
13F holders10 of the followed funds hold it; largest FMR LLC; 10 Schedule 13D or 13G filings in twelve months
Insider trading83 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest10.1 million shares short, 2.08 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025 †Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue170194217220232254262269278325370394
Cost of revenue116132145144151162171174183213238254
Gross profit53.762.072.975.980.792.591.595.194.4112132140
Gross margin32%32%34%34%35%36%35%35%34%34%36%35%
Operating income-11.7-3.51.54.26.512.114.924.319.529.142.846.2
Operating margin-7%-2%1%2%3%5%6%9%7%9%12%12%
Pre-tax income-10.9-2.23.16.18.514.116.3-86.222.036.845.849.7
Tax raten/an/a171%105%62%54%31%n/a33%48%43%41%
Net income-4.2-1.7-0.7-0.11.22.05.316.76.15.29.111.5
Net margin-2%-1%-0%-0%1%1%2%6%2%2%2%3%
Diluted EPS-$0.06-$0.02-$0.01$0.00$0.01$0.02$0.05$0.12$0.06$0.05$0.08$0.10
Operating cash flow30.40.830.920.229.425.928.725.841.469.120.152.1
Capital expenditure0.30.30.30.40.10.20.20.20.20.20.30.3
Free cash flow30.10.530.619.929.325.728.625.641.268.919.951.7
Buybacksn/an/a0.00.00.00.05.22.50.00.00.00.0
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 6 fiscal years and the trailing twelve months

FY2020FY2021FY2022FY2023FY2024 †FY2025TTM
Revenue2784885926919241,1341,367
Cost of revenue191332415465602742889
Gross profit87.6156178226322393478
Gross margin31.5%32.0%30.0%32.7%34.9%34.6%35.0%
Operating income-133-94.3-125-51.625.087.4138
Operating margin-47.9%-19.3%-21.1%-7.5%2.7%7.7%10.1%
Interest expense0.10.20.6n/an/an/an/a
Pre-tax income-129-66.4-125-48.831.8-11.1154
Income tax2.94.79.011.224.6-85.164.8
Effective tax raten/an/an/an/a77.2%n/a42.0%
Net income1.1-19.5-38.6-18.32.433.331.9
Net margin0.4%-4.0%-6.5%-2.6%0.3%2.9%2.3%
Diluted EPS-$0.01-$0.51-$0.61-$0.27$0.03$0.31$0.29
Filing10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Online casino and online sports betting6749171,12899.4%
Social gaming4.34.64.90.4%
Retail sports betting12.82.42.00.2%
Online casino and online sports bettingSocial gamingRetail sports betting
691FY2023924FY20241,134FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States And Canada61278598086.3%
Latin America And Mexico79.313915513.7%
United States And CanadaLatin America And Mexico
691FY2023924FY20241,134FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2020FY2021FY2022FY2023FY2024 †FY2025TTM
Operating cash flow16.2-48.2-60.3-5.9106165183
Capital expenditure1.93.84.21.30.90.81.0
Free cash flow14.3-52.0-64.5-7.2106164182
Free cash flow margin5.1%-10.7%-10.9%-1.0%11.4%14.5%13.3%
Cash from investing-6.2-37.0-29.0-33.8-33.4-37.0-39.8
Cash from financing241126-1.2-0.5-2.7-37.4-65.0
Depreciation and amortisation2.14.214.329.832.240.042.5
Share-based compensation14524.918.730.035.326.325.4
Buybacks0.03.50.00.00.07.60.0
Diluted shares, weighted52m57m64m69m88m236m116m
Filing10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2020FY2021FY2022FY2023FY2024 †FY2025TTM
Funded by
Shareholders' equity-61.885.456.053.878.7147185
Non-controlling interest-206222135112120156154
Debtn/an/a0.00.00.00.00.0
Operating lease liabilities1.01.11.20.71.41.81.2
Finance lease liabilitiesn/an/an/a1.51.32.01.4
Other liabilities57599.9158150178351452
Total liabilities and equity309409350319379659793
Owned
Fixed assets2.04.96.94.63.12.4n/a
Intangible assets9.853.469.074.977.376.479.5
Investmentsn/an/a0.03.14.36.25.5
Cash and equivalents256281180168229336340
Receivables0.85.811.210.514.915.925.4
Other assets40.463.683.557.250.7221343
Total assets309409350319379659793
Filing10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a32.4%24.2%34.3%
Profit growth, compoundedn/a98.5%n/a26.5%
Return on equity, averagen/a-20.0%-2.8%22.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Rush Street Interactive's revenue in fiscal 2025?

Rush Street Interactive (RSI) reported revenue of $1.1 billion for fiscal 2025, the year ended 31 December 2025, up 22.8% on the year before.

How much did Rush Street Interactive earn in fiscal 2025?

Net income was $33 million for fiscal 2025, and diluted earnings per share $0.31.

What is Rush Street Interactive's P/E ratio?

At the close of 9 October 2026, Rush Street Interactive traded at 65.1 times its earnings over the twelve months to 30 June 2026.

What is Rush Street Interactive's market cap?

The market cap of Rush Street Interactive was $2.2 billion at the close of 9 October 2026.

How much debt does Rush Street Interactive have?

At 30 June 2026 Rush Street Interactive carried $0 million of debt and $340 million of cash.

Peers: Entertainment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Walt Disney Co. DIS$186.6 billion22.287.8%18.4%4.6%0.341.6%
Madison Square Garden Sports Corp. MSGS$9.8 billion1,341.00n/a2.5%11.0%n/a1.7%
Churchill Downs Inc. CHDN$5.6 billion13.5930.8%24.1%5.7%3.060.5%
Vail Resorts Inc. MTN$5.2 billion35.2661.3%14.8%-4.3%13.246.1%
Cinemark Holdings, Inc. CNK$4.2 billion21.54n/an/a4.5%7.670.9%
Sphere Entertainment Co. SPHR$3.9 billionn/a-3.2%-11.4%23.4%0.29n/a
Planet Fitness, Inc. PLNT$3.7 billion16.27n/a30.9%12.7%n/an/a
Onespaworld Holdings Ltd. OSW$2.4 billion30.0413.9%8.9%9.8%0.14n/a
Rush Street Interactive, Inc. RSI$2.2 billion65.1017.2%10.1%34.3%0.00n/a
United Parks & Resorts Inc. PRKS$1.5 billion12.86n/a19.2%-3.5%n/a2.2%
Pursuit Attractions & Hospitality, Inc. PRSU$1.4 billion39.837.2%15.1%26.4%0.360.0%
Six Flags Entertainment Corporation FUN$1.2 billionn/a-1,526.2%-44.2%-3.5%43.34n/a
All 17 in Entertainment
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Netflix Inc. NFLX$292.8 billion22.1345.3%29.7%16.0%0.39n/a
Walt Disney Co. DIS$186.6 billion22.287.8%18.4%4.6%0.341.6%
Live Nation Entertainment, Inc. LYV$40.1 billionn/a163.6%3.0%10.8%111.76n/a
TKO Group Holdings, Inc. TKO$13.5 billion62.456.8%18.8%5.1%1.362.2%
Madison Square Garden Sports Corp. MSGS$9.8 billion1,341.00n/a2.5%11.0%n/a1.7%
Life Time Group Holdings, Inc. LTH$9.1 billion22.2012.6%17.3%12.7%0.45n/a
Churchill Downs Inc. CHDN$5.6 billion13.5930.8%24.1%5.7%3.060.5%
Vail Resorts Inc. MTN$5.2 billion35.2661.3%14.8%-4.3%13.246.1%
Cinemark Holdings, Inc. CNK$4.2 billion21.54n/an/a4.5%7.670.9%
Sphere Entertainment Co. SPHR$3.9 billionn/a-3.2%-11.4%23.4%0.29n/a
Planet Fitness, Inc. PLNT$3.7 billion16.27n/a30.9%12.7%n/an/a
Onespaworld Holdings Ltd. OSW$2.4 billion30.0413.9%8.9%9.8%0.14n/a
Rush Street Interactive, Inc. RSI$2.2 billion65.1017.2%10.1%34.3%0.00n/a
United Parks & Resorts Inc. PRKS$1.5 billion12.86n/a19.2%-3.5%n/a2.2%
Pursuit Attractions & Hospitality, Inc. PRSU$1.4 billion39.837.2%15.1%26.4%0.360.0%
Six Flags Entertainment Corporation FUN$1.2 billionn/a-1,526.2%-44.2%-3.5%43.34n/a
Warner Music Group Corp. WMGn/an/a78.7%13.7%12.9%5.522.5%
5 companies share its SEC industry code (Services-Miscellaneous Amusement & Recreation); the rest are the names nearest in size in its wider industry, Entertainment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202630 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 202530 October 2025EDGAR
10-Q30 June 202531 July 2025EDGAR
10-Q31 March 20251 May 2025EDGAR
10-K31 December 202428 February 2025EDGAR
10-Q30 September 202431 October 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 20242 May 2024EDGAR

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