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NYSE · Communication Services

Rush Street Interactive, Inc. (RSI)

As-reported financials and SEC filings for Rush Street Interactive, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Rush Street Interactive, Inc.

Rush Street Interactive, Inc. operates as an online gaming and entertainment company offering real-money online casino games, online sports betting, retail sports betting, and social gaming. It serves customers primarily in the United States, Canada, and Latin America through brands like BetRivers, PlaySugarHouse, and RushBet. The company provides its services via proprietary platforms and partners with land-based casinos and other entities to comply with local regulations and expand market access.

Snapshot

Revenue
$1.13B
Revenue growth (YoY)
22.8%
Net income
$33.3M
Diluted EPS
$0.31
Gross margin
34.6%
Operating margin
7.7%
Net margin
2.9%
FCF margin
14.5%
ROE
11.0%
net income / fiscal-year-end equity
P/E
83.1×
trailing when available, otherwise FY EPS
Market cap
$6.29B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Rush Street Interactive

  • Revenue grew 22.8% to $1.1B in FY2025, slower than the 33.7% the year before.
  • Operating margin turned positive at 7.7% in FY2025, from a 19.3% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $394M, up 46.3% from Q2 FY2025.
  • Free cash flow was $164M in FY2025, 14.5% of revenue.
  • Net income rose more than tenfold to $33M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Rush Street Interactive’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin34.6%
33rd percentile of 105
Operating margin7.7%
67th percentile of 185
Net margin2.9%
63rd percentile of 191
FCF margin14.5%
76th percentile of 164
Revenue growth (YoY)+22.8%
82nd percentile of 209
ROE11.0%
73rd percentile of 165
P/E83.1×
87th percentile of 95
Short interest2.62d
39th percentile of 216

Rush Street Interactive’s P/E of 83.1 ranks in the 87th percentile of the 95 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 11 insider sales totaling $12.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
6
3 new, 3 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$209.8M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$77.1M2.6MAdded
Renaissance TechnologiesquantQ2 2026$54.1M1.8MReduced
AQR Capital ManagementquantQ2 2026$30.9M1.0MAdded
Citadel AdvisorsquantQ2 2026$19.5M654.1KAdded
D. E. ShawquantQ2 2026$15.6M525.3KReduced
Soros Fund ManagementQ2 2026$6.7M226.7KNew
Point72 Asset ManagementquantQ2 2026$3.4M113.5KNew
Millennium ManagementquantQ2 2026$2.0M67.7KReduced
Bridgewater AssociatesQ2 2026$587,99019.8KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
11
$12.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-03
filed 2026-08-05
SCHWARTZ RICHARD TODDChief Executive OfficerSell55.6K$28.03$1.6M
2026-08-03
filed 2026-08-05
SCHWARTZ RICHARD TODDChief Executive OfficerSell55.6K$28.02$1.6M
2026-08-03
filed 2026-08-05
SCHWARTZ RICHARD TODDChief Executive OfficerSell47.2K$28.02$1.3M
2026-08-03
filed 2026-08-05
Sauers KyleChief Financial OfficerSell23.0K$26.65$613K
2026-08-03
filed 2026-08-05
STETZ MATTIASChief Operating OfficerSell20.0K$28.03$561K
2026-07-06
filed 2026-07-08
Sauers KyleChief Financial OfficerSell23.0K$31.53$725K
2026-07-01
filed 2026-07-02
SCHWARTZ RICHARD TODDChief Executive OfficerSell55.6K$31.21$1.7M
2026-07-01
filed 2026-07-02
SCHWARTZ RICHARD TODDChief Executive OfficerSell55.6K$31.21$1.7M
2026-07-01
filed 2026-07-02
SCHWARTZ RICHARD TODDChief Executive OfficerSell47.2K$31.21$1.5M
2026-07-01
filed 2026-07-02
STETZ MATTIASChief Operating OfficerSell20.0K$31.22$624K
2026-06-25
filed 2026-06-26
WIERBICKI PAULChief Legal OfficerSell10.0K$30.12$301K
2026-06-03
filed 2026-06-05
Sauers KyleChief Financial OfficerSell23.0K$25.44$585K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.3M
settled 2026-08-14
Change vs prior
-10.7%
vs previous settlement
Days to cover
2.62
at avg daily volume
Avg daily volume
2.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.3M-10.7%2.62
2026-07-318.2M-13.7%2.74
2026-07-159.5M-12.7%4.27
2026-06-3010.9M+7.5%2.34
2026-06-1510.2M+16.4%4.64
2026-05-298.7M-3.2%5.59
2026-05-159.0M+24.3%3.34
2026-04-307.3M+7.4%3.79

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.13B$924.1M$691.2M$592.2M$488.1M
Gross profit$392.8M$322.0M$226.1M$177.5M$156.0M
Operating income$87.4M$25.0M$-51.6M$-124.8M$-94.3M
Net income$33.3M$2.4M$-18.3M$-38.6M$-19.5M
Diluted EPS$0.31$0.03$-0.27$-0.61$-0.51

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$336.3M$229.2M$168.3M$179.7M$281.0M
Current assets$406.8M$285.0M$228.6M$264.5M$341.8M
Total assets$658.5M$379.5M$318.6M$350.3M$408.7M
Current liabilities$210.3M$163.1M$137.7M$143.9M$83.9M
Long-term debt
Total liabilities$355.0M$181.2M$152.5M$159.5M$101.0M
Total equity$303.5M$198.3M$166.1M$190.9M$307.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$165.0M$106.4M$-5.9M$-60.3M$-48.2M
Capital expenditure$767,000$925,000$1.3M$4.2M$3.8M
Free cash flow$164.2M$105.5M$-7.2M$-64.5M$-52.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$393.8M46.3%$11.5M$0.10
Q1 FY2026$370.4M41.1%$9.1M$0.08
Q4 FY2025$324.9M27.8%$5.2M
Q3 FY2025$277.9M19.7%$6.1M$0.06
Q2 FY2025$269.2M22.2%$16.7M$0.12
Q1 FY2025$262.4M20.7%$5.3M$0.05
Q4 FY2024$254.2M31.1%$2.0M$0.03
Q3 FY2024$232.1M36.6%$1.2M$0.01

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorCommunication Services
SIC industryServices-Miscellaneous Amusement & Recreation
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK1793659

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-03
View on EDGAR →
8-K2026-05-07
View on EDGAR →
8-K2026-04-28
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.