Rush Street Interactive reports $385.9 million revenue growth in Q3, up to 38.8% year-on-year.
Rush Street Interactive exceeded forecasts for adjusted earnings per share and adjusted EBITDA, while net income nearly doubled. RSI also maintained its full-year financial guidance following the results, released on 28 October.
Revenue rises 38.8% year-on-year
During three months of Q3 till 30 September, RSI generated $385.9 million in revenue. During the same period in 2025 it was $277.9 million. However, revenue fell 0.7% short of the analyst consensus estimate of $388.6 million.
The results extend the company’s recent growth trajectory. RSI recorded annualised revenue growth of 30.7% over the previous two years, compared with a five-year compound annual growth rate of 26.4%.
According to analysts revenue should increase by approximately 20% over the next 12 months. Even with the rise up, the growth pace will still be slower than the comany recorded during last 2 years.
The earnings analysis valued RSI’s market capitalisation at approximately $1.78 billion.
Adjusted earnings and EBITDA beat estimates
RSI reported adjusted earnings per share of $0.15, exceeding the consensus estimate of $0.13 by 12.1%. Adjusted EBITDA reached $62.22 million, which is higher than the estimate of the analysts’ of $54.67 million by 13.8.
Net income nearly doubled, to $28.7 million from $14.8 million. The operating margin was also app of 11.1%
Moreover, the company has not altered its adjusted EBITDA forecast of $245 million to $265 million either. The midpoint of $255 million is in line with consensus estimates of analysts given in the earnings analysis.
The company has also reported 907,881 monthly active users in its markets which is a growth of 42% as compared to previous year. North America showed 300,572 monthly active users, which is a rise of 34% from Q3 2025. Latin America with Mexico counted as 607,308 monthly active users which means a 46% growth.
Richard Schwartz, Chief Executive Officer reiterated the fact that the company started the fourth quarter with a great balance sheet and maximum flexibility within its investment strategy.
In general, despite missing the revenue expectations narrowly, the company showed strong adjusted earnings.
