Rush Street Interactive, Inc. (RSI) Financial Statements
$15.90NYSE: RSIMarket Cap $4.47B
Rush Street Interactive, Inc. most recently reported annual revenue of $1.1B, net profit of $33.0M. Revenue grew at an average annual rate of 32.4% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Rush Street Interactive, Inc.: Revenue rose from $18.0M in 2018 to $1.1B in 2025, a change of +6200.0% over 7 years; net profit was positive in 3 of 8 reported years; operating margin moved from -58.7% to 7.7%, a shift of +66.4 percentage points; the most recent year shows net profit of $33.0M.
Income Statement — 8 Years (USD millions)
Metric
2018
2019
2020
2021
2022
2023
2024
2025
Revenue
$18.0M
$64.0M
$279.0M
$488.0M
$592.0M
$691.0M
$924.0M
$1.1B
Operating Expenses
$29.0M
$86.0M
$412.0M
$582.0M
$717.0M
$743.0M
$900.0M
$1.0B
Operating Profit
$-11.0M
$-22.0M
$-133.0M
$-94.0M
$-125.0M
$-52.0M
$24.0M
$87.0M
Operating Margin
-58.7%
-35.1%
-47.9%
-19.3%
-21.1%
-7.5%
2.6%
7.7%
Other Income
$0
$0
$5.0M
$28.0M
$-1.0M
$3.0M
$7.0M
$-99.0M
Interest
$0
$0
$0
$0
$1.0M
$0
$1.0M
$0
Depreciation
$1.0M
$1.0M
$2.0M
$4.0M
$14.0M
$30.0M
$32.0M
$40.0M
Profit Before Tax
$-11.0M
$-22.0M
$-129.0M
$-66.0M
$-125.0M
$-49.0M
$32.0M
$-11.0M
Tax
$0
$0
$-2.3M
$-7.1M
$-7.2M
$-22.9M
$77.3M
$768.2M
Net Profit
$-11.0M
$-22.0M
$1.0M
$-29.0M
$-39.0M
$-18.0M
$2.0M
$33.0M
EPS
$-0.37
$-0.82
$0.02
$-0.51
$-0.61
$-0.27
$0.03
$0.14
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
8 duplicate period labels in the source data were collapsed.
Metric
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$170.0M
$194.0M
$217.0M
$220.0M
$232.0M
$254.0M
$262.0M
$269.0M
$278.0M
$325.0M
$370.0M
$394.0M
Operating Expenses
$182.0M
$197.0M
$216.0M
$216.0M
$226.0M
$242.0M
$248.0M
$245.0M
$258.0M
$296.0M
$328.0M
$348.0M
Operating Profit
$-12.0M
$-4.0M
$2.0M
$4.0M
$6.0M
$12.0M
$15.0M
$24.0M
$19.0M
$29.0M
$43.0M
$46.0M
Operating Margin
-6.9%
-1.8%
0.7%
1.9%
2.8%
4.8%
5.6%
9.0%
7.0%
8.8%
11.6%
11.7%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$-11.0M
$-2.0M
$3.0M
$6.0M
$9.0M
$14.0M
$16.0M
$-86.0M
$22.0M
$37.0M
$46.0M
$50.0M
Tax
$-22.2M
$-148.9M
$171.5M
$104.6M
$62.0M
$53.9M
$31.1M
$133.4M
$32.6M
$48.0M
$42.7M
$41.0M
Net Profit
$-4.0M
$-2.0M
$-1.0M
$0
$1.0M
$2.0M
$5.0M
$17.0M
$6.0M
$5.0M
$9.0M
$12.0M
EPS
$-0.06
$-0.02
$-0.01
$0.00
$0.01
$0.02
$0.05
$0.18
$0.06
$0.05
$0.08
$0.10
Over the 8 years reported for Rush Street Interactive, Inc., cash stood at $341.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 1.94 times.
Balance Sheet — 8 Years (USD millions)
Metric
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
$8.0M
$25.0M
$309.0M
$409.0M
$350.0M
$319.0M
$379.0M
$659.0M
Current Assets
$5.0M
$17.0M
$294.0M
$342.0M
$264.0M
$229.0M
$285.0M
$407.0M
Cash
$1.0M
$11.0M
$256.0M
$281.0M
$206.0M
$168.0M
$229.0M
$341.0M
Inventory
$0
$0
$0
$0
$0
$0
$0
$0
Receivables
$0
$5.0M
$30.0M
$34.0M
$47.0M
$44.0M
$33.0M
$36.0M
Fixed Assets
$0
$1.0M
$3.0M
$9.0M
$12.0M
$10.0M
$10.0M
$11.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$0
$0
$0
$0
$0
$2.0M
$2.0M
$2.0M
Other Assets
$0
$0
$0
$0
$0
$0
$0
$0
Total Liabilities
$10.0M
$29.0M
$576.0M
$101.0M
$159.0M
$152.0M
$181.0M
$355.0M
Current Liabilities
$10.0M
$26.0M
$401.0M
$84.0M
$144.0M
$138.0M
$163.0M
$210.0M
Borrowings
$0
$0
$1.0M
$2.0M
$2.0M
$4.0M
$5.0M
$18.0M
Other Liabilities
$10.0M
$29.0M
$575.0M
$99.0M
$158.0M
$148.0M
$177.0M
$337.0M
Equity
$27.0M
$0
$0
$0
$0
$0
$0
$0
Reserves
$-3.0M
$-3.0M
$-62.0M
$85.0M
$56.0M
$54.0M
$79.0M
$147.0M
For Rush Street Interactive, Inc., operating cash flow was positive in 3 of 8 reported years; free cash flow in the latest year was $132.0M; free cash flow was positive in 3 of 8 years; financing activities used $35.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 8 Years (USD millions)
Metric
2018
2019
2020
2021
2022
2023
2024
2025
Operating Cash Flow
$-5.0M
$-2.0M
$16.0M
$-48.0M
$-60.0M
$-6.0M
$106.0M
$165.0M
Investing Cash Flow
$-1.0M
$-12.0M
$-12.0M
$-72.0M
$-57.0M
$-65.0M
$-63.0M
$-70.0M
Financing Cash Flow
$8.0M
$0
$246.0M
$128.0M
$0
$0
$-1.0M
$-35.0M
Net Cash Flow
$2.0M
$7.0M
$252.0M
$38.0M
$-94.0M
$-35.0M
$62.0M
$108.0M
Free Cash Flow
$-5.0M
$-8.0M
$10.0M
$-83.0M
$-89.0M
$-37.0M
$77.0M
$132.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
6.38
EV / EBITDA
25.58
FCF Yield
3.29%
Quick Ratio
2.12
Interest Coverage
—
Return 1Y
27.79%
Return 3Y
405.10%
Return 5Y
66.38%
Rush Street Interactive, Inc. (RSI) financials — frequently asked questions
What is Rush Street Interactive, Inc.'s annual revenue?
Rush Street Interactive, Inc. (RSI) reported annual revenue of $1.1B in its most recent fiscal year.
What is Rush Street Interactive, Inc.'s net profit?
Rush Street Interactive, Inc. (RSI) reported net profit of $33.0M in its most recent fiscal year.
What is RSI EV/EBITDA?
Rush Street Interactive, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is 25.58.