Rush Street Interactive, Inc.
NYSE•RSI
CEO: Mr. Richard Todd Schwartz
Sector: Consumer Cyclical
Industry: Gambling, Resorts & Casinos
Listing Date: 2020-04-27
Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines. The company markets its online casino and sports betting under BetRivers, PlaySugarHouse, and RushBet brands. Rush Street Interactive, Inc. was founded in 2012 and is headquartered in Chicago, Illinois.
Contact Information
900 North Michigan Avenue, Suite 950, Chicago, IL, 60611, United States
773-893-5855
Market Cap
$5.50B
P/E (TTM)
60.8
36.7
Dividend Yield
--
52W High
$22.65
52W Low
$9.54
52W Range
Rank59Top 76.7%
2.6
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 2.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2024
Financial Dashboard
Q3 2025 Data
Revenue
$277.91M+19.73%
4-Quarter Trend
EPS
$0.06+316.67%
4-Quarter Trend
FCF
$41.19M+91.02%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Revenue Growth Strong Revenue 9M $809.5M, up 21% compared to $669.9M prior period. Growth driven by existing market performance.
Operating Income Surges Operating Income 9M reached $58.7M, marking 382% increase versus $12.2M last year. Strong operational leverage shown.
Quarterly Net Income Jumps Quarterly Net Income $14.8M, a 358% increase from $3.2M in Q3 2024. Profitability surged during the quarter.
Cash Flow Generation Improves Cash from Operations 9M totaled $95.9M, increasing $15.4M over prior period. Healthy cash generation supports growth plans.
Risk Factors
Large TRA Expense Recognized Recognized $113.0M Tax Receivable Agreement expense for nine months. This significantly impacted pre-tax income results.
Intense Industry Competition Intense competition across online casino and sports betting industries persists. Risk of failing to attract or retain key customers.
Evolving Gaming Regulations Business relies on evolving U.S. and foreign gaming laws. Failure to comply with licensing risks adverse operational impact.
Future TRA Payment Obligations Future profitability triggers substantial TRA payments. Potential need for external financing if current resources prove insufficient.
Outlook
MAU Growth Expected Expect Monthly Active Users (MAUs) to grow by attracting users in new and existing jurisdictions. Focus on expansion.
Debt-Free Financing Strategy Management intends to finance operations without third-party debt. Relying on operating cash flows and existing balance sheet strength.
Increased Capital Investment Capital expenditures increasing to support growth. Investment focused on platform development, engineering, and personnel expansion roles.
Monitor Industry Consolidation Anticipate continued industry consolidation and regulatory changes. Monitor competitive pressures and potential margin impacts closely.
Peer Comparison
Revenue (TTM)
CZR$11.37B
VFC$9.54B
BYD$4.07B
Gross Margin (Latest Quarter)
MTN89.6%
VFC52.2%
47.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LNW | $8.43B | 21.0 | 59.5% | 1.2% |
| CHDN | $8.20B | 20.5 | 38.1% | 68.5% |
| VFC | $7.53B | 83.3 | 6.1% | 54.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.0%
Moderate Growth
4Q Net Income CAGR
44.1%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 25, 2026
EPS:$0.10
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 30, 2025|Revenue: $277.91M+19.7%|EPS: $0.06+316.7%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 31, 2025|Revenue: $269.22M+22.2%|EPS: $0.18-15100.0%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 1, 2025|Revenue: $262.41M+20.7%|EPS: $0.06-725.0%MeetForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 28, 2025|Revenue: $924.08M+33.7%|EPS: $0.03+110.8%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 31, 2024|Revenue: $232.11M+36.6%|EPS: $0.01-124.0%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 1, 2024|Revenue: $220.38M+33.5%|EPS: $-0.00-98.4%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 2, 2024|Revenue: $217.43M+33.9%|EPS: $-0.01-97.5%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 7, 2024|Revenue: $691.16M+16.7%|EPS: $-0.27+55.7%Miss