Rush Street Interactive, Inc.

NYSE:RSI Stock Report

Market Cap: US$6.1b

Rush Street Interactive Past Earnings Performance

Past criteria checks 6/6

Rush Street Interactive has been growing earnings at an average annual rate of 11.9%, while the Hospitality industry saw earnings growing at 30.3% annually. Revenues have been growing at an average rate of 22% per year. Rush Street Interactive's return on equity is 27.9%, and it has net margins of 3%.

Key information

11.90%

Earnings growth rate

4.18%

EPS growth rate

Hospitality Industry Growth19.52%
Revenue growth rate21.97%
Return on equity27.95%
Net Margin2.98%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 04

RSI: Raised 2026 Guidance And Share Actions Will Support Future Returns

Analysts have modestly lifted their price target for Rush Street Interactive to about $30.18 from $29, citing updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News Rush Street Interactive completed a US$260 million follow on equity offering of 10,000,000 Class A common shares at US$26 per share, with a stated discount of US$1.04 per share.
Seeking Alpha May 14

Rush Street Interactive: Let Your Winners Ride

Summary Rush Street Interactive maintains strong buy momentum, outperforming peers with 810% 3-year and 139.6% 1-year returns. RSI's business model leverages social gaming for efficient customer acquisition and focuses on higher-margin online casino growth. Q1 2026 saw 41% revenue growth, 127% net income growth, and a net margin of 7.08%, all while operating with zero debt. Despite a premium valuation, the company's PEG ratio remains discounted, with the World Cup and LATAM expansion poised to drive further upside. Read the full article on Seeking Alpha
Narrative Update May 02

RSI: Raised 2026 Guidance And Completed Buyback Will Support Future Returns

Analysts have raised their price target on Rush Street Interactive from $25 to $29. This reflects updated assumptions that include higher revenue growth, a stronger profit margin profile and a lower future P/E multiple.
Narrative Update Apr 11

RSI: 2026 Guidance And Completed Buyback Will Support Higher P/E

Analysts now place their price target for Rush Street Interactive closer to their fair value estimate of $25.00, reflecting updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Rush Street Interactive completed the repurchase of 733,019 shares for a total of US$7.63 million under the buyback announced on October 30, 2024, representing 0.8% of shares covered by that program (Key Developments).
Narrative Update Mar 27

RSI: 2026 Revenue Outlook And Buyback Activity Will Support Higher P/E

Analysts have nudged their price target on Rush Street Interactive slightly higher, to $24.91 from $24.56, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple. What's in the News Rush Street Interactive reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for $0 million, while completing a total of 733,019 shares repurchased for $7.63 million under the buyback announced on October 30, 2024 (company filing).
Narrative Update Mar 11

RSI: 2026 Revenue Guidance Will Support Higher Future P E Multiple

Analysts have kept their target for Rush Street Interactive effectively unchanged at around $24.56 per share, reflecting stable assumptions on fair value, revenue growth, profit margin, and a similar forward P/E outlook, despite a slightly higher discount rate. What's in the News Rush Street Interactive issued earnings guidance for the full year ending December 31, 2026, giving investors a clearer view of management's expectations.
Narrative Update Feb 25

RSI: 2026 Revenue Guidance And Higher P E Will Drive Upside

Analysts have raised their price target on Rush Street Interactive from $23.86 to $24.56, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and expectations for a higher future P/E as the key drivers of the change. What's in the News Rush Street Interactive issued earnings guidance for the full year ending December 31, 2026, giving investors a concrete reference point for its medium term outlook.
Narrative Update Feb 10

RSI: Higher Margins And P E Reset Will Support Further Upside

Analysts have lifted their fair value estimate for Rush Street Interactive from about $23.43 to around $23.86 as they adjust their assumptions on the discount rate, revenue growth, profit margins, and future P/E expectations. Valuation Changes Fair Value Estimate revised slightly higher from about US$23.43 to around US$23.86.
Narrative Update Jan 27

RSI: Raised 2025 Revenue Guidance Will Support Further Share Price Upside

Analysts have kept their fair value estimate for Rush Street Interactive steady at about US$23.43, with small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions shaping the updated price target narrative. What's in the News Rush Street Interactive reported that from July 1, 2025 to September 30, 2025, it repurchased 0 shares for US$0 under its existing buyback program, keeping the total completed repurchases at 733,019 shares, or 0.8%, for US$7.63 million since the authorization on October 30, 2024 (Key Developments).
Narrative Update Jan 11

RSI: Higher 2025 Revenue Guidance And Buybacks Will Support Future Upside

Analysts have maintained their fair value estimate for Rush Street Interactive at US$23.43 per share, making small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions to reflect a refined but largely unchanged view on the stock. What's in the News Rush Street Interactive completed the repurchase of 733,019 shares, representing 0.8% of shares, for US$7.63 million under the buyback program announced on October 30, 2024 (Key Developments).
Narrative Update Dec 24

RSI: Improved Margins And Earnings Multiple Will Drive Stronger Future Upside

Analysts have raised their price target on Rush Street Interactive by approximately $0.57 per share, citing expectations for stronger revenue growth, improved profit margins, and a lower future earnings multiple as key drivers of enhanced valuation. What's in the News Raised full year 2025 revenue guidance to a range of $1.10 billion to $1.12 billion, implying roughly 20% year over year growth at the midpoint versus 2024 revenue of $924 million (company guidance) Completed share repurchase of 733,019 shares, representing about 0.8% of shares for $7.63 million under the buyback program announced October 30, 2024.
Narrative Update Dec 10

RSI: New Integrated Debit Payments Will Support Strong Platform Momentum

Narrative Update on Rush Street Interactive The analyst price target for Rush Street Interactive was reaffirmed at approximately 22.86 dollars, as analysts cited largely unchanged assumptions around revenue growth, profit margins, and long term valuation multiples, with only slight adjustments to discount rate inputs. What's in the News Raised full year 2025 revenue guidance to a range of 1,100 million dollars to 1,120 million dollars, implying about 20% year over year growth versus 2024 revenue of 924 million dollars (Company guidance) Launched BetRivers Debit, described as the gaming industry's first integrated debit payments solution, through a partnership with Sightline Payments to give customers secure, seamless access to wagering balances and enhance user experience on the BetRivers platform (Product announcement) Updated share repurchase activity, confirming no shares were bought in the July to September 2025 period and that the company has completed total buybacks of 733,019 shares for 7.63 million dollars under the October 2024 authorization (Buyback update) Valuation Changes Fair value estimate remains unchanged at approximately 22.86 dollars per share, reflecting stable long term valuation assumptions.
Narrative Update Nov 25

RSI: Improved Payment Solutions Will Support Upward Momentum Through 2025

Narrative Update: Rush Street Interactive Analyst Price Target Revised Analysts have maintained the price target for Rush Street Interactive at $22.86 per share, noting that only minor adjustments to their discount rate and projected future price-to-earnings ratio influenced their latest outlook. What's in the News Rush Street Interactive raised its full year 2025 earnings guidance, with expected revenue between $1,100 and $1,120 million.
Narrative Update Nov 10

RSI: Future Earnings Guidance Will Drive Upward Momentum Through 2025

Rush Street Interactive's analyst price target has been raised modestly from $21.75 to $22.86, as analysts cite improved revenue growth forecasts. These have slightly offset greater profit margin pressures and a higher projected future price-to-earnings ratio.
Narrative Update Oct 27

Digital Payment Solutions And Buybacks Will Drive Platform Expansion In Coming Years

Analysts have raised their price target for Rush Street Interactive from $21.38 to $21.75, citing stronger revenue growth expectations. This comes despite a slightly higher discount rate and modest adjustments to profit margin and future price-to-earnings estimates.
Narrative Update Oct 13

Digital Entertainment Migration Will Expand North And Latin American Markets

Analysts have raised their price target for Rush Street Interactive from $20.75 to $21.38. This reflects improved projections for revenue growth and profit margins, along with a slightly lower discount rate and future price-earnings expectations.
Narrative Update Sep 09

Digital Entertainment Migration Will Expand North And Latin American Markets

The notable drop in Rush Street Interactive’s future P/E ratio suggests improved earnings expectations, supporting a modest increase in the consensus analyst price target from $20.25 to $20.75. What's in the News Repurchased 234,397 shares for $2.47 million, completing 733,019 shares repurchased for $7.63 million under the existing buyback program.
Analysis Article Jul 26

Returns Are Gaining Momentum At Rush Street Interactive (NYSE:RSI)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Jun 22

Rush Street Interactive, Inc.'s (NYSE:RSI) Shares May Have Run Too Fast Too Soon

With a median price-to-sales (or "P/S") ratio of close to 1.6x in the Hospitality industry in the United States, you...
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New Narrative Apr 26

Proprietary Platform And iCasino Legislation Will Shape Engagement

Leveraging a proprietary tech platform and customer-centric strategies is key to boosting user engagement and driving revenue growth through innovative features and real-time rewards.

Revenue & Expenses Breakdown

How Rush Street Interactive makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:RSI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 261,242372770
31 Dec 251,134332650
30 Sep 251,064302630
30 Jun 251,018252640
31 Mar 2596982680
31 Dec 2492422650
30 Sep 24864-12520
30 Jun 24802-72430
31 Mar 24746-122410
31 Dec 23691-182480
30 Sep 23663-262730
30 Jun 23641-282770
31 Mar 23620-312770
31 Dec 22592-392880
30 Sep 22557-402840
30 Jun 22532-392820
31 Mar 22511-342700
31 Dec 21488-192460
30 Sep 21458822370
30 Jun 21413612360
31 Mar 21355142530
31 Dec 2027912190
30 Sep 20206-1051740
31 Dec 1964-22520
31 Dec 1818-11170

Quality Earnings: RSI has high quality earnings.

Growing Profit Margin: RSI's current net profit margins (3%) are higher than last year (0.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RSI has become profitable over the past 5 years, growing earnings by 11.9% per year.

Accelerating Growth: RSI's earnings growth over the past year (339.4%) exceeds its 5-year average (11.9% per year).

Earnings vs Industry: RSI earnings growth over the past year (339.4%) exceeded the Hospitality industry 24.3%.


Return on Equity

High ROE: RSI's Return on Equity (27.9%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 09:19
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rush Street Interactive, Inc. is covered by 13 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HickeyBenchmark Company
Jordan BenderCitizens JMP Securities, LLC
Ryan SigdahlCraig-Hallum Capital Group LLC