Rush Street Interactive, Inc.

RSI Consumer Cyclical Gambling

Rush Street Interactive, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 22.8% from fiscal 2024.

Revenue
+38.8%
EPS
+313.0%
Free cash flow
+90.3%

Quarter to September 2026, against a year earlier

11.85 0.50 −4.05%
Market cap
$2.7B
P/E
24.3×
Fwd P/E
30.9×
Dividend yield
—
F-score
6/9
Altman Z
5.45
Beneish M
−2.68
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.15
Sold, $m 360.15
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 1 — 1
Sell 1 3 3 6 10 6 4 3 3 3 3 1
Insider Ownership 3.64%

Capital & Financial Ratios $m

Size
Market Cap 2,740.00
Revenue ttm 1,474.88
Net income ttm 103.32
Free cash flow ttm 180.04
Net debt Q (385.91)
Valuation
P/E 24.29
Forward P/E 30.90
Price / sales 0.93
Forward P/S Powerpack
Price / FCF 7.63
Price / book 3.78
Financial health
Current ratio Q 2.22 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 1.76
Growth
Revenue growth Q +38.84% (above 0%: growing)
Operating income growth Q +119.09% (above 0%: growing)
EPS, this year +65.18% (at or above 15%: strong)
EPS, next year A +34.72% (at or above 15%: strong)
Revenue, next year A +38.40% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +41.04% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 40.03%
10-year low 10-year high
P/B against its own 10 years 55.89%
10-year low 10-year high
EV/Sales against its own 10 years 44.91%
10-year low 10-year high
EV/FCF against its own 10 years 2.80%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 171 233 341 386
Receivables 11 15 16 15
Inventory — — — —
Other 33 18 20 19
229 285 407 456
2023 2024 2025 Q'26
Payables 32 26 42 31
ST’ Debt — — — —
Other 54 65 87 77
138 163 210 206

Compound Annual Growth %

10y 5y 3y
Sales — 32.43% 24.19%
Cash Flow — 59.11% 0.00%
Earnings — 98.49% 0.00%
Book Value — 0.00% 16.72%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.08 0.10 0.24 — —
’25 0.05 0.12 0.06 0.05 0.31
’24 (0.01) 0.00 0.01 0.02 0.03
’23 (0.11) (0.08) (0.06) (0.02) (0.27)
’22 (0.24) (0.13) (0.10) (0.14) (0.61)
’21 (0.18) (0.06) (0.09) (0.17) (0.51)
’20 — — — (0.01) (0.01)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 370 394 386 — —
’25 262 269 278 325 1,134
’24 217 220 232 254 924
’23 162 165 170 194 691
’22 135 144 148 166 592
’21 112 123 123 131 488
’20 35 65 78 100 279
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 20 52 71 — —
’25 29 26 41 69 165
’24 31 20 29 26 106
’23 (24) (13) 30 1 (6)
’22 (37) (24) 9 (8) (60)
’21 (11) 1 (6) (32) (48)
’20 (3) 5 1 14 16
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 12 44 62 — —
’25 21 19 33 62 135
’24 24 14 23 20 81
’23 (31) (25) 19 (5) (30)
’22 (41) (31) (4) (19) (81)
’21 (13) (1) (10) (38) (59)
’20 (3) 4 1 13 14
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 64 279 488 592 691 924 1,134 1,475 +61.6% 1,570 1,794 2,052 +21.8%
Gross margin, % — — — 48.34 31.46 31.95 29.98 32.72 34.85 34.62 35.53 (13.7) pt
EBT — — — (22) (129) (66) (125) (49) 32 (11) 179 (11.1%)
EBT margin, % — — — (35.26) (46.22) (13.60) (21.17) (7.07) 3.44 (0.98) 12.14 +34.3 pt
Net income — 0 — (22) (132) (71) (134) (60) 7 74 103 n/m
Per share, $
Per share, $ Revenue — — — 2.21 6.39 8.68 9.32 10.09 11.30 11.84 12.75 +32.2%
Earnings — — — (0.78) (0.01) (0.35) (0.61) (0.27) 0.03 0.35 0.49 n/m
Cash flow — — — (0.09) 0.37 (0.86) (0.95) (0.09) 1.30 1.72 1.84 n/m
Capex — — — (0.01) (0.04) (0.20) (0.33) (0.35) (0.31) (0.31) (0.28) +65.5%
Free cash flow — — — (0.10) 0.33 (1.06) (1.28) (0.44) 0.99 1.41 1.56 n/m
Book value — — — (0.12) (6.13) 5.47 3.00 2.43 2.42 3.17 3.13 n/m
Shares, m — — — 29 44 56 64 69 82 96 106 +22.2%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 0.00 686.00 55.51 24.29 105.9
P/S — — — 0.00 3.39 1.90 0.39 0.42 1.21 1.64 0.93 1.3
P/B — — — 0.00 0.00 3.02 1.22 1.74 5.66 6.13 3.78 2.5
EV/Sales — — — 0.00 2.45 1.29 0.05 0.17 0.96 1.34 0.67 0.9
EV/FCF — — — 0.00 47.63 (10.07) (0.29) (2.55) 12.85 11.23 5.48 8.4
Cash, $m
Cash, $m Operating cash flow — — — (2) 16 (48) (60) (6) 106 165 212 n/m
Capex — — — 0 (2) (11) (21) (24) (25) (30) (32) +102.4%
Free cash flow — — — (3) 14 (59) (81) (30) 81 135 180 n/m
Balance, $m
Balance, $m Working capital — — — (9) (107) 258 121 91 122 197 250 n/m
Net debt — — — (11) (262) (300) (206) (171) (233) (341) (386) +78.5%
Shareholders’ equity — — — (3) (267) 308 191 166 198 303 362 n/m
Returns, %
Returns, % ROA — — — (176.13) 0.65 (5.43) (10.18) (5.47) 0.68 6.42 5.30 +182.6 pt
ROIC — — — 0.00 0.00 (799.30) 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — 16.59 (0.80) (96.55) (15.50) (10.25) 1.31 13.28 11.84 (3.3) pt
People
People Employees — — — — 264 468 700 820 883 912 — +28.1%
Revenue/emp, $m — — — 0.00 1.05 1.04 0.85 0.84 1.05 1.24 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Rush Street Interactive, Inc. vs peers in Gambling (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DKNG DraftKings Inc. $20.9B — (loss-making) — (loss-making) −4.58% (below 0%: shrinking) n/m −51.62% (below 0%: shrinking) 38.21% (4.72%) Compare
FLUT Flutter Entertainment PLC $14.4B — (loss-making) — (loss-making) +2.11% (above 0%: growing) n/m +664.00% (above 0%: growing) 39.18% (30.74%) Compare
LNWO Light & Wonder, Inc. $7.0B 21.8× 16.5× −2.02% (below 0%: shrinking) +27.01% (above 0%: growing) +124.76% (above 0%: growing) 75.61% 29.37% Compare
CHDN Churchill Downs, Incorporated $6.7B 15.2× 14.0× +1.90% (above 0%: growing) +111.65% (above 0%: growing) +252.66% (above 0%: growing) 29.74% 20.55% Compare
SGHC Super Group (SGHC) Limited $5.9B 14.0× 12.7× +9.69% (above 0%: growing) +46.95% (above 0%: growing) −17.12% (below 0%: shrinking) 100.00% 27.66% Compare
RSI Rush Street Interactive, Inc. $2.7B 24.3× 30.9× +38.84% (above 0%: growing) +313.00% (above 0%: growing) +90.25% (above 0%: growing) 36.39% 11.05%
BRSL Brightstar Lottery $1.8B 7.7× 17.2× −7.45% (below 0%: shrinking) n/m −719.07% (below 0%: shrinking) 46.92% 19.69% Compare
ACEL Accel Entertainment, Inc. $1.1B 17.6× 16.1× +10.27% (above 0%: growing) +57.13% (above 0%: growing) +79.67% (above 0%: growing) 31.38% 7.92% Compare
CDRO Codere Online Luxembourg, S.A. $387.0M — (loss-making) — +232.74% (above 0%: growing) +94.12% (above 0%: growing) +7,111.62% (above 0%: growing) 47.71% 0.00% Compare
Median of peers $6.3B 15.2× 16.1× +2.01% +57.13% +102.22% 43.05% 13.81%

All 15 Gambling stocks →

Pay and ownership Proxy statement filed 24 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 6.95m 30.11m 117.76
2024 9.03m 70.05m 83.15
2023 6.93m 10.63m 27.21
2022 14.12m 11.34m 21.76

Ownership

Directors and executive officers, together 52.40% of the votes
Neil Bluhm 47.50% of the votes
Divisadero Street Capital 4.20% of the votes
Richard Schwartz 3.80% of the votes
BlackRock, Inc. 2.40% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Rush Street Interactive, Inc. (RSI) Latest News

30 Oct

29 Oct

9 Oct

Impact 3 · · Trefis

7 Aug

Impact 4 · · The Motley Fool transcript

30 Jul

Impact 3 · · Moby transcript
Impact 3 · · MarketBeat transcript

10 Jun

Impact 4 · · Trefis

RSI metrics, ten years each

stockrow.com/RSI · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com