Rush Street Interactive, Inc. income statement
In fiscal 2025, Rush Street Interactive, Inc. reported revenue of $1.13bn, up 22.8% on the year before, operating income of $87.4m (a 7.7% margin) and net income of $33.3m, or $0.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 64 | 279 | 488 | 592 | 691 | 924 | 1,134 | 1,475 |
| Cost of revenue | — | 191 | 332 | 415 | 465 | 602 | 742 | 951 |
| Gross profit | — | 88 | 156 | 178 | 226 | 322 | 393 | 524 |
| General and administrative | 24 | 162 | 56 | 68 | 87 | 106 | 101 | 120 |
| Operating income | −22 | −133 | −94 | −125 | −52 | 25 | 87 | 160 |
| Interest expense | 0 | 0 | 0 | 1 | — | — | — | — |
| Net interest income | — | — | −0 | −1 | 3 | — | — | — |
| Income before tax | −22 | −129 | −66 | −125 | −49 | 32 | −11 | 179 |
| Income tax | 0 | 3 | 5 | 9 | 11 | 25 | −85 | 76 |
| Net income | −22 | 1 | −19 | −39 | −18 | 2 | 33 | 38 |
| Diluted EPS | — | −$0.01 | −$0.51 | −$0.61 | −$0.27 | $0.03 | $0.31 | $0.26 |
| Diluted shares (average) | — | 52m | 57m | 64m | 69m | 88m | 236m | 146m |
| EBITDA | −21 | −131 | −90 | −110 | −22 | 57 | 127 | 205 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 254 | 262 | 269 | 278 | 325 | 370 | 394 | 386 |
| Cost of revenue | 162 | 171 | 174 | 183 | 213 | 238 | 254 | 245 |
| Gross profit | 93 | 92 | 95 | 94 | 112 | 132 | 140 | 140 |
| General and administrative | 27 | 25 | 24 | 26 | 26 | 31 | 32 | 30 |
| Operating income | 13 | 15 | 24 | 19 | 29 | 43 | 46 | 43 |
| Income before tax | 14 | 16 | −86 | 22 | 37 | 46 | 50 | 47 |
| Income tax | 8 | 5 | −115 | 7 | 18 | 20 | 20 | 18 |
| Net income | 2 | 5 | 17 | 6 | 5 | 9 | 12 | 12 |
| Diluted EPS | $0.03 | $0.05 | $0.12 | $0.06 | $0.08 | $0.08 | $0.10 | $0.10 |
| EBITDA | 22 | 24 | 34 | 30 | 39 | 54 | 57 | 55 |
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