StockWatch
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Services-Misc. Amusement & Recreation
Quarterly ResultApr 29, 2026, 04:44 PM

RSI Q1 Revenue +41% to $370.4M; Net Income +134% to $26.2M

AI Summary

Rush Street Interactive, Inc. reported strong first-quarter results for 2026, with revenue increasing by 41.1% to $370.4 million and net income rising by 133.8% to $26.2 million. Diluted EPS grew to $0.08 from $0.05 year-over-year. The company saw significant growth in its online casino and sports betting segments, particularly in Latin America.

Key Highlights

  • Revenue increased 41.1% to $370.4 million in Q1 2026 from $262.4 million in Q1 2025.
  • Net income rose 133.8% to $26.2 million in Q1 2026 from $11.2 million in Q1 2025.
  • Diluted EPS was $0.08 in Q1 2026, up from $0.05 in Q1 2025.
  • Online casino and sports betting revenue was $368.9 million in Q1 2026.
  • Latin America revenue grew to $87.8 million in Q1 2026 from $37.5 million in Q1 2025.
  • Net cash provided by operating activities was $20.1 million in Q1 2026.
  • No Class A Common Stock repurchases were made in Q1 2026.