RSI Achieves Record-Breaking Q1 Performance and Outlook for FY 2026
Rush Street Interactive (RSI), a prominent American online gaming and betting operator, has reported remarkable financial results for the first quarter, showcasing significant growth across key metrics.
Strong Financial Growth in Q1
RSI announced a revenue of $370.4 million for the quarter, marking a 41% increase compared to the same period last year and setting a new quarterly sales record. This reflects a substantial rise from the $262.4 million revenue reported in Q1 of the previous year.
The company also achieved record net income of $26.2 million, which is an impressive 134% growth year-over-year, up from $11.2 million in Q1 2025. Additionally, RSI’s adjusted EBITDA reached $60.2 million, up 81% from $33.2 million a year earlier, underscoring strong profitability.
Marketing and sales expenses amounted to $46.2 million during the quarter, representing 12.5% of total revenue. Monthly active users (MAUs) also showed robust growth, increasing by 51% year-over-year to total 839,000. The user base expanded by 46% in North America and 54% in Latin America, with average spending per user at $317 in North America and $54 in Latin America during the quarter.
Optimistic Guidance for Fiscal Year 2026
Looking ahead, RSI has raised its revenue and adjusted EBITDA forecasts for the fiscal year 2026. The company expects revenues to be between $1.49 billion and $1.54 billion, representing growth of 31% to 36% year-over-year. Adjusted EBITDA is projected to range from $230 million to $250 million, which would be a 50% to 63% increase compared to the prior year.
Leadership Perspective on Continued Success
RSI’s CEO, Richard Schwartz, expressed pride in the team’s performance and highlighted the accelerated growth in both revenue and player engagement. He credited the company’s success to a customer-focused strategy that consistently enhances the player experience.
Schwartz shared his enthusiasm for future opportunities, including a forthcoming market launch in Alberta. He emphasized RSI’s commitment to rapid and profitable expansion, delivering outstanding user experiences, and creating sustainable shareholder value.
