Rush Street Interactive, Inc. (RSI)
Rush Street Interactive, Inc. (RSI) functions as a prominent online casino and sports betting enterprise, catering to markets in both the United States and Latin America. The company's diverse service portfolio includes real-money online casino games, options for both online and retail sports wagering, and social gaming platforms. Additionally, RSI provides a comprehensive collection of digital games, such as virtual versions of classic table games and slot machines, mirroring those found in traditional casinos. Its online casino and sports betting products are recognized under the brand names BetRivers.com, PlaySugarHouse.com, and RushBet.co. Rush Street Interactive, Inc. was established in 2012 and maintains its corporate headquarters in Chicago, Illinois.
Sector: Services-Miscellaneous Amusement & Recreation
Industry: Gambling, Resorts & Casinos
Rush Street Interactive, Inc.
NYSE:RSIConsumer Cyclical · Gambling, Resorts & Casinos
-2.81%$15.90
AH Close$15.90+0.00%vs close
AH Close$15.90+0.00%vs close
Mkt Cap$1.84B
Float79.41M
O/S115.63M
Inst Own-
SI12.7%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.13B
Net Income$33.31M
Total Assets$658.51M
Free Cash Flow$131.64M
Debt & Equity
Debt 11%
Equity 89%
Total Debt$18.46M
Total Equity$147.24M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RSI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$658.51M
Liabilities$355.02M
Accounts Receivable$35.81M
Accounts Payable$41.59M
Inventory$0
PP&E (Net)$10.8M
Goodwill$0
Intangible Assets$76.44M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $1.13B | $924.08M | $691.16M | $592.21M | $488.11M | $278.5M | $63.67M | $18.23M |
| YoY Growth | 22.8% | 33.7% | 16.7% | 21.3% | 75.3% | 337.4% | 249.3% | - |
| Cost of Revenue | $741.66M | $602.04M | $465.01M | $414.66M | $332.14M | $190.87M | $32.89M | $10.71M |
| Gross Profit | $392.76M | $322.05M | $226.15M | $177.55M | $155.96M | $87.63M | $30.77M | $7.52M |
| Gross Margin | 34.6% | 34.9% | 32.7% | 30.0% | 32.0% | 31.5% | 48.3% | 41.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $265.37M | $265.54M | $248M | $288.02M | $245.99M | $218.96M | $51.96M | $17.31M |
| Other | $39.97M | $32.2M | $29.76M | $14.32M | $4.25M | $2.08M | $1.14M | $0 |
| Total Operating Expenses | $305.34M | $297.74M | $277.76M | $302.35M | $250.24M | $221.05M | $53.1M | $18.21M |
| Operating Income (EBIT) | $87.42M | $24.31M | -$51.61M | -$124.8M | -$94.28M | -$133.42M | -$22.33M | -$10.69M |
| Operating Margin | 7.7% | 2.6% | -7.5% | -21.1% | -19.3% | -47.9% | -35.1% | -58.7% |
| Interest Expense | $0 | $957K | $0 | $573K | $187K | $135K | $123K | $0 |
| Interest Income | $9.27M | $8.45M | $2.77M | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$98.5M | $7.49M | $2.77M | -$573K | $27.88M | $4.69M | -$123K | -$42K |
| Income Before Tax (EBT) | -$11.08M | $31.8M | -$48.85M | -$125.37M | -$66.4M | -$128.73M | -$22.45M | -$10.73M |
| Income Tax Expense | -$85.11M | $24.57M | $11.21M | $8.96M | $4.69M | $2.92M | $0 | $0 |
| Net Income | $33.31M | $2.39M | -$18.3M | -$38.63M | -$29.06M | $1.08M | -$22.45M | -$10.73M |
| Net Income Margin | 2.9% | 0.3% | -2.6% | -6.5% | -6.0% | 0.4% | -35.3% | -58.9% |
| Supplementary Data | ||||||||
| EPS | 0.35 | 0.03 | -0.27 | -0.61 | -0.35 | 0.02 | -0.82 | -0.37 |
| Diluted EPS | 0.14 | 0.03 | -0.27 | -0.61 | -0.51 | 0.02 | -0.82 | -0.37 |
| Weighted Average OS | 95.83M | 81.78M | 68.51M | 63.53M | 56.27M | 43.58M | 28.75M | 28.75M |
| EBITDA | $28.89M | $64.96M | -$19.09M | -$110.47M | -$61.97M | -$126.51M | -$21.19M | -$9.79M |
| EBITDA Margin | 2.5% | 7.0% | -2.8% | -18.7% | -12.7% | -45.4% | -33.3% | -53.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $340.5M | $229.17M | $168.33M | $206.08M | $281.03M | $255.62M | $10.54M | $1.46M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $340.5M | $229.17M | $168.33M | $206.08M | $281.03M | $255.62M | $10.54M | $1.46M |
| Accounts Receivable | $35.81M | $33.12M | $43.99M | $47.08M | $33.99M | $29.54M | $4.99M | $107K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $20.98M | $22.75M | $16.3M | $11.31M | $19.3M | $6.44M | $1.67M | $3.45M |
| Total Current Assets | $406.79M | $285.05M | $228.62M | $264.47M | $341.75M | $294.48M | $17.2M | $5.02M |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $10.8M | $9.66M | $9.89M | $11.62M | $8.79M | $3.12M | $581K | $252K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $76.44M | $77.35M | $74.87M | $69.03M | $53.38M | $9.75M | $6.96M | $2.64M |
| Long-Term Investments | $2M | $2M | $2M | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $157.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.63M | $5.42M | $3.2M | $5.23M | $4.81M | $1.22M | $753K | $251K |
| Total Long-Term Assets | $251.72M | $94.42M | $89.97M | $85.88M | $66.98M | $14.08M | $8.29M | $3.14M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $658.51M | $379.47M | $318.58M | $350.35M | $408.73M | $308.56M | $25.49M | $8.16M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $41.59M | $25.8M | $32.35M | $29.8M | $6.5M | $11.99M | $707K | $578K |
| Short-Term Debt | $4.26M | $0 | $621K | $722K | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $15.01M | $9.81M | $1.53M | $1.42M | $1.98M | $172K | $0 |
| Current Unearned Revenue | $11.69M | $0 | $1.71M | $7.84M | $1.42M | $195K | $0 | $0 |
| Other Current Liabilities | $123.21M | $64.87M | $56.26M | $93.98M | $33.26M | $363.48M | $24.67M | $9.26M |
| Total Current Liabilities | $210.27M | $163.13M | $137.69M | $143.94M | $83.93M | $400.99M | $26.08M | $9.84M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $10.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $12.39M | $14.11M | $15.63M | $3.81M | $2.78M | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $130.54M | $15.35M | $201K | $244K | $315K | $170.11M | $0 | $0 |
| Total Long-Term Liabilities | $144.75M | $18.02M | $14.76M | $15.53M | $17.1M | $174.9M | $2.78M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $355.02M | $181.15M | $152.45M | $159.47M | $101.03M | $575.89M | $28.86M | $9.84M |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $23K | $22K | $22K | $22K | $22K | $20K | $0 | $26.99M |
| Retained Earnings | -$102.62M | -$135.93M | -$138.32M | -$120.01M | -$81.38M | -$61.89M | -$3.37M | -$29.39M |
| Comprehensive Income & Other | $1.43M | -$3.09M | -$100K | -$1.65M | -$475K | $93K | $0 | -$132K |
| Other Stockholders' Equity | $249.83M | $214.59M | $192.06M | $176.03M | $166.79M | $93K | $0 | -$132K |
| Total Equity | $147.24M | $78.68M | $53.77M | $56.05M | $85.44M | -$61.78M | -$3.37M | -$2.54M |
| Minority Interest | $156.26M | $119.64M | $112.36M | $134.83M | $222.26M | -$205.55M | $0 | $0 |
| Total Liabilities and Equity | $502.26M | $259.83M | $206.22M | $215.52M | $186.47M | $514.11M | $25.49M | $7.3M |
| Supplementary Data | ||||||||
| Total Debt | $18.46M | $4.64M | $4.13M | $1.9M | $1.66M | $1.21M | $0 | $0 |
| Net Debt | -$322.04M | -$224.53M | -$164.2M | -$204.18M | -$279.37M | -$254.42M | -$10.54M | -$1.46M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | $74.03M | $7.24M | -$60.05M | -$134.33M | -$71.09M | -$131.65M | -$22.45M | -$10.73M |
| Depreciation & Amortization | $39.97M | $32.2M | $29.76M | $14.32M | $4.25M | $2.08M | $1.14M | $898K |
| Deferred Income Tax | -$4.44M | -$143K | -$255K | -$50K | $64K | $37K | $0 | $0 |
| Stock-Based Compensation | $26.26M | $35.29M | $30.02M | $18.69M | $24.91M | $144.73M | $13.41M | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$2.25M | $10.45M | $3.09M | -$13.09M | -$4.45M | -$24.56M | -$4.33M | $13K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $35.52M | $25.92M | -$9.27M | $38.73M | -$5.55M | $11.23M | $129K | $0 |
| Other Working Capital | -$5.08M | -$5.39M | -$605K | $14.79M | $31.38M | $18.92M | $9.65M | $4.54M |
| Total Working Capital Change | $28.19M | $30.97M | -$6.78M | $40.43M | $21.39M | $5.59M | $5.45M | $4.56M |
| Other Non-Cash Items | $999K | $891K | $1.38M | $616K | -$27.71M | -$4.62M | $0 | $143K |
| Net Cash from Operating | $165M | $106.45M | -$5.93M | -$60.32M | -$48.19M | $16.18M | -$2.46M | -$5.14M |
| Investing Activities | ||||||||
| Capital Expenditures | -$767K | -$925K | -$1.29M | -$4.16M | -$3.85M | -$1.87M | -$430K | -$147K |
| Acquisitions | $0 | $0 | $0 | $0 | -$1.5M | $0 | $0 | $0 |
| Purchases of Investments | -$1.03M | -$1.86M | -$3.53M | -$689K | -$2.25M | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $1.71M | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$35.22M | -$30.58M | -$30.66M | -$24.14M | -$29.41M | -$4.37M | -$5.34M | -$497K |
| Net Cash from Investing | -$37.02M | -$33.36M | -$33.78M | -$28.99M | -$37M | -$6.24M | -$5.77M | -$644K |
| Financing Activities | ||||||||
| Debt Repaid | $2.72M | $1.56M | $518K | $1.22M | $2.14M | - | - | - |
| Common Stock Issuance | $176K | $67K | $0 | $0 | $0 | $0 | $15.54M | $0 |
| Common Stock Repurchases | -$7.63M | $0 | $0 | $0 | -$3.46M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | -$5.19M | $0 | $0 |
| Other Financing Activities | -$27.19M | -$1.16M | $0 | $0 | $131.19M | $246.26M | $0 | $8M |
| Net Cash from Financing | -$37.36M | -$2.65M | -$518K | -$1.22M | $125.58M | $241.07M | $15.54M | $8M |
| Forex Effect | $17.12M | -$8.65M | $5.13M | -$3.72M | -$2.13M | $515K | -$6K | -$147K |
| Net Change in Cash | $107.75M | $61.78M | -$35.1M | -$94.25M | $38.26M | $251.52M | $7.31M | $2.07M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $165M | $106.45M | -$5.93M | -$60.32M | -$48.19M | $16.18M | -$2.46M | -$5.14M |
| Capital Expenditure | -$33.36M | -$29.43M | -$31.19M | -$28.3M | -$34.75M | -$6.24M | -$5.77M | -$147K |
| Free Cash Flow | $131.64M | $77.02M | -$37.12M | -$88.62M | -$82.94M | $9.94M | -$8.23M | -$5.29M |
| Cash at Beginning | $232.76M | $170.98M | $206.08M | $300.33M | $262.06M | $10.54M | $3.23M | $1.16M |
| Cash at End | $340.5M | $232.76M | $170.98M | $206.08M | $300.33M | $262.06M | $10.54M | $3.23M |