Rush Street Interactive, Inc. RSI
We are a leading online gaming and entertainment company that focuses primarily on online casino and online sports betting in the U.S., Canadian and Latin American markets. Our mission is to engage and delight players by delivering friendly, fun and fair betting experiences. In furtherance of this mission, we strive to create an online community for our customers where we are transparent and honest, treat our customers fairly, show them that we value their time and loyalty, and listen to feedback. We also endeavor to implement industry leading responsible gaming practices and provide our customers with a cutting-edge online gaming platform and exciting, personalized offerings that will enhance their user experience.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States And Canada
- Latin America And Mexico
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States And Canada | $979.6M | $785.3M | $611.9M |
| Latin America And Mexico | $154.9M | $138.8M | $79.3M |
As the company reported it, from the “Revenue Recognition - Revenue by Geographic Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.13B | $924.1M | $691.2M | $592.2M | $488.1M | $278.5M | $63.7M | — |
| Cost of revenue | $741.7M | $602.0M | $465.0M | $414.7M | $332.1M | $190.9M | — | — |
| Gross profit | $392.8M | $322.0M | $226.1M | $177.5M | $156.0M | $87.6M | — | — |
| SG&A | $100.7M | $106.2M | $87.3M | $67.6M | $55.5M | $162.4M | $23.6M | — |
| Total operating expenses | $1.05B | $899.0M | $742.8M | $717.0M | $582.4M | $411.9M | $86.0M | — |
| Operating income | $87.4M | $25.0M | -$51.6M | -$124.8M | -$94.3M | -$133.4M | -$22.3M | — |
| Interest expense | — | — | $2.8M | $573.0K | $187.0K | $135.0K | $123.0K | — |
| Pre-tax income | -$11.1M | $31.8M | -$48.8M | -$125.4M | -$66.4M | -$128.7M | -$22.4M | — |
| Income tax | $85.1M | $24.6M | $11.2M | $9.0M | $4.7M | $2.9M | $0 | — |
| Net income | $74.0K | $7.2K | -$60.1K | -$134.3K | -$19.5M | $1.1M | -$22.4M | — |
| EPS, basic | 0.35 | 0.03 | -0.27 | -0.61 | -0.35 | 0.02 | — | — |
| EPS, diluted | 0.31 | 0.03 | -0.27 | -0.61 | -0.51 | -0.01 | — | — |
| Shares, diluted (wtd. avg.) | 236.1M | 88.4M | 68.5M | 63.5M | 57.4M | 52.2M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $336.3M | $229.2M | $171.0M | $206.1M | $300.3M | $262.1M | $10.5M | $3.2M |
| Short-term investments | $6.2M | $4.3M | $3.1M | $0 | — | — | — | — |
| Receivables | $15.9M | $14.9M | $10.5M | $11.2M | $5.8M | $779.0K | $1.9M | — |
| Total current assets | $406.8M | $285.0M | $228.6M | $264.5M | $341.8M | $294.5M | $17.2M | — |
| Property, plant and equipment | $2.4M | $3.1M | $4.6M | $6.9M | $4.9M | $2.0M | $581.0K | — |
| Other intangibles | $76.4M | $77.3M | $74.9M | $69.0M | $53.4M | $9.8M | $7.0M | — |
| Total assets | $658.5M | $379.5M | $318.6M | $350.3M | $408.7M | $308.6M | $25.5M | — |
| Accounts payable | $41.6M | $25.8M | $32.3M | $29.8M | $6.5M | $12.0M | $707.0K | — |
| Total current liabilities | $210.3M | $163.1M | $137.7M | $143.9M | $83.9M | $401.0M | $26.1M | — |
| Total liabilities | $355.0M | $181.2M | $152.5M | $159.5M | $101.0M | $575.9M | $28.9M | — |
| Retained earnings | -$102.6M | -$135.9M | -$138.3M | -$120.0M | -$81.4M | -$61.9M | $0 | — |
| Total equity | $147.2M | $78.7M | $166.1M | $190.9M | $307.7M | -$267.3M | -$3.4M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $165.0M | $106.4M | -$5.9M | -$60.3M | -$48.2M | $16.2M | -$2.5M | — |
| Depreciation and amortisation | $40.0M | $32.2M | $29.8M | $14.3M | $4.2M | $2.1M | $1.1M | — |
| Stock-based compensation | $26.3M | $35.3M | $30.0M | $18.7M | $24.9M | $144.7M | $13.4M | — |
| Capital expenditure | $767.0K | $925.0K | $1.3M | $4.2M | $3.8M | $1.9M | $430.0K | — |
| Investing cash flow | -$37.0M | -$33.4M | -$33.8M | -$29.0M | -$37.0M | -$6.2M | -$5.8M | — |
| Financing cash flow | -$37.4M | -$2.7M | -$518.0K | -$1.2M | $125.6M | $241.1M | $15.5M | — |
| Buybacks | $7.6M | $0 | $0 | $0 | $3.5M | $0 | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001793659-26-000016.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $63.7M | $278.5M | $488.1M | $592.2M | $691.2M | $924.1M | $1.13B |
| Gross profit | — | — | $87.6M | $156.0M | $177.5M | $226.1M | $322.0M | $392.8M |
| Net income | — | -$22.4M | $1.1M | -$19.5M | -$134.3K | -$60.1K | $7.2K | $74.0K |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Shareholder vote Item 5.07
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7990
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DIS | Walt Disney Co | $194.29B | 16.4x | 3.4% |
| DKNG | DraftKings Inc. | $10.37B | — | 27.0% |
| MSGS | Madison Square Garden Sports Corp. | $9.39B | 1,214.5x | 11.0% |
| MTN | VAIL RESORTS INC | $5.22B | 19.5x | 2.7% |
| MSGE | Madison Square Garden Entertainment Corp. | $3.69B | 56.4x | 12.5% |
| STUB | StubHub Holdings, Inc. | $2.22B | — | -1.4% |
| PRSU | Pursuit Attractions & Hospitality, Inc. | $1.50B | 68.6x | 23.4% |
| PRKS | United Parks & Resorts Inc. | $1.37B | 9.9x | -3.6% |