Rush Street Interactive, Inc. (RSI) Earnings
Rush Street Interactive, Inc. is expected to report next earnings on July 29, 2026 (in NaN days), with a consensus EPS estimate of $0.13. RSI has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +20.6% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.12 | $0.14 | +16.7% | $370M | +12.0% |
| Feb 17, 2026 | $0.10 | $0.08 | -20.0% | $325M | +2.0% |
| Oct 29, 2025 | $0.07 | $0.09 | +28.6% | $278M | -8.9% |
| Jul 30, 2025 | $0.07 | $0.11 | +57.1% | $269M | +4.6% |
| Apr 30, 2025 | $0.08 | $0.09 | +12.5% | $262M | +5.9% |
| Feb 26, 2025 | $0.09 | $0.07 | -22.2% | $254M | +3.6% |
| Jul 31, 2024 | $0.00 | $0.04 | +3503.6% | $220M | +9.4% |
| May 1, 2024 | $0.01 | $0.03 | +241.7% | $217M | +10.4% |
| Mar 6, 2024 | $-0.06 | $0.01 | +116.7% | $194M | +8.4% |
| Nov 1, 2023 | $-0.06 | $-0.03 | +50.0% | $170M | -5.1% |
| Aug 2, 2023 | $-0.07 | $-0.04 | +42.9% | $165M | +4.7% |
| May 3, 2023 | $-0.12 | $-0.08 | +33.3% | $162M | +5.4% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 28, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Record revenue and adjusted EBITDA in Q1, with 41% revenue growth and 81% adjusted EBITDA growth. - Casino First strategy driving player engagement, lifetime values, and retention. North America and Latin America player bases expanded significantly. - Market share growth in North American online casino markets, with 90 basis points sequential growth. Latin America, especially Colombia, had strong results despite regulatory challenges, and Mexico is ramping nicely. - Closer to launching in Alberta on July 13th, with plans to invest in marketing and brand building ahead of launch. - Investing in product innovation, technology enhancements, and geographic expansion while maintaining financial discipline.
Guidance
- Raised full year 2026 revenue guidance to $1.49 to $1.54 billion, representing 31% to 36% year-over-year growth. Midpoint at $1,515,000,000. - Raised adjusted EBITDA guidance to $230 to $250 million, representing 50 to 63% year-over-year growth. Midpoint at $240 million. - Guidance includes impact of Alberta launch for the back half of the year, and benefits from Latin America outperformance and sports outcomes in North America and Latin America.
Segment performance
In the first quarter, record revenue of $370 million was generated, up 41% year over year. Adjusted EBITDA reached a record $60.2 million, up 81% year over year. Online casino revenue grew 39%, online sports betting revenue grew 47%. Regionally, North America revenue grew 26% and Latin America revenue grew 134%. North America monthly active users grew 46% to 296,000, Latin America monthly active users grew 54% to 543,000. North American online casino markets saw monthly active user growth of 62%. First-time depositors reached a record this quarter.
Risks & headwinds
- Regulatory uncertainties in Latin America, such as the status of the 16% tax in Colombia and potential reviews of emergency decrees. - Competitive environment in new markets like Alberta and Mexico, including incumbent gray market operators. - Potential impact of changes in customer acquisition channels and competitive dynamics on marketing efficiency and player acquisition.
Analyst Q&A
Q: Dan Politzer with JP Morgan asked about North America MAUs, who the customers are and their demographics.
A: They're pleased with MAU growth, new players are like previous ones with modest long-term value lowering, from various channels.
Q: Bernie McTernan with Needham asked about customer acquisition channels and World Cup impact.
A: Added CMO, using various channels, World Cup has incremental upside with past Copa America driving growth in Colombia.
Q: Jordan Bender with Citizens asked about Columbia malgrowth, exit rate, and Peru/Mexico trends.
A: Strategy in Colombia helped growth, taking share in Latin America, Mexico ahead of Colombia post-launch, Peru behind.
Q: Ryan Sigdal with Craig Hellum Capital asked about industry growth vs theirs and Columbia VAT refunds.
A: Teams work hard, not getting easier, VAT refunds not relevant for them as they didn't pay unconstitutional tax.
Q: Mike Hickey with StoneX asked about Mexico competition and LATAM new markets.
A: Mexico has casino-first advantage, LATAM has attractive opportunities but not ready to share details yet.
Q: Jed Kelly with Oppenheimer asked about North America ARPMOMs and CPA.
A: Decline due to new players with bonusing, CPAs due to team improving player journey not big competitive factor.
Q: Zach Silverberg with Wells Fargo asked about Mexico competitor license blocks and Columbia election.
A: Competitor blocks helped acquire customers, watching Columbia election closely for tax outlook.
Q: Joseph Stauff with Sasquana asked about iCasino product parity and app scores.
A: Leading in product innovation, app scores high due to attention to details and retention focus.
Q: Chad Bainan with Macquarie asked about Virginia and CPA pressure.
A: Interested in Virginia, no CPA pressure from prediction market entrants as they target different players.
Q: David Katz with Jefferies asked about flow through and aspirational margins.
A: Aspirational margins to low to mid 20%, flow through solid in 2026, impact of Alberta launch and tax changes considered.