Rush Street Interactive Reiterates 2026 Outlook After Growth Cools

The Tip Desk · November 2, 2026 · 2 min read

Third-quarter revenue was $385.9 million, up 39% from a year earlier, as the company held full-year targets of $1.56 billion to $1.60 billion.

Rush Street Interactive, Inc. (RSI), an online casino and sports betting company in the United States and the rest of the Americas, reported third-quarter revenue of $385.9 million, up 39% from $277.9 million a year earlier, a slower year-over-year pace than the 46% increase in the second quarter.

Net income was $28.7 million, compared with $14.8 million in the third quarter of 2025. Adjusted EBITDA was $62.2 million. Income from operations was $42.7 million.

Monthly Active Users totaled 907,881, up 42% from a year earlier, after 58% growth in the second quarter. North America MAUs were 300,572, a record quarterly level, up 34% year-over-year. Latin America MAUs, including Mexico, were 607,308.

Average revenue per monthly active user in North America was $309, down from $320 in the second quarter. Latin America ARPMAU was $58.

Adjusted sales and marketing expense was $54.7 million, or 14.2% of revenue, versus 12.3% of revenue in the second quarter. Chief Executive Officer Richard Schwartz said the company invested more in marketing where it saw attractive returns and that online casino remains the engine of profitability.

The company reiterated full-year 2026 revenue guidance of $1.56 billion to $1.60 billion, representing 38% to 41% year-over-year growth, and Adjusted EBITDA guidance of $245 million to $265 million, after raising both ranges in the second quarter. Those ranges assume only operations in live jurisdictions as of the announcement date and continued operation under similar tax structures, including Colombia’s temporary emergency 16% tax decree.

Schwartz said customers who joined during the World Cup continue to play across products. In Alberta, more than three months into launch, the company said it expects the ramp to be gradual.

Cash and cash equivalents were $381.9 million at September 30, 2026.