Rush Street Revenue Jumps 39% to $385.9 Million in Third Quarter
Key Facts
Rush Street Interactive reported third-quarter results after the market close on October 28, posting revenue of $385.9 million, up 39% from $277.9 million in the same period of 2025. Adjusted EPS was $0.15, above analysts’ estimate of $0.14. But revenue missed expectations, coming in at $385.85 million against consensus of $390.78 million. The results therefore combined a modest adjusted earnings beat with a revenue shortfall against estimates. The company had announced that results would be released after the market close on October 28, while the closing share price of $15.41 was from the October 27 session, before the announcement.
Year over year, the revenue increase reflected business expansion during the quarter, rising from $277.9 million in the third quarter of 2025 to $385.9 million in the same period of 2026. Revenue reported in the results coverage was $385.85 million, below the consensus estimate of $390.78 million. Adjusted EPS was $0.15, above analysts’ estimate of $0.14. The comparison shows differing outcomes for the two main metrics: adjusted earnings exceeded estimates, while revenue did not reach the expected level. The available figures did not include a year-over-year comparison for adjusted EPS.
Among operating metrics, average revenue per monthly active user was $309 in North America in the third quarter. The same metric was $58 in Latin America, which includes Mexico. The figures highlight a difference between the two regions in average revenue per monthly active user, according to the company statement published via Nasdaq. The available figures in the statement did not include a year-over-year comparison for this metric in either region. Nor did they provide a total active-user figure that could be compared across markets.
Chief Executive Richard Schwartz said the company recorded a quarterly record for monthly active users in North America. He added that online casino remains the profitability driver, saying, "Online casino remains our profitability driver." Schwartz’s comment places growth in the North American user base alongside the company’s focus on online casino activity. This relates to the revenue-per-user metrics the company reported for the two regions: $309 in North America and $58 in Latin America. The comment did not provide a user count or a quantitative breakdown of the casino’s contribution to earnings.
The company held its full-year outlook, noting that the estimates take into account market maturation and competitive dynamics. They also assume continued operations in current markets under similar tax structures, including Colombia’s temporary emergency decree. This assumption includes a 16% tax, according to the company statement. The annual guidance is therefore tied to conditions in existing markets and the assumed tax structure in Colombia. The available information did not include the annual forecast figures that the statement held unchanged.
The company had scheduled the results announcement for after the market close on Wednesday, October 28, 2026, followed by a call to discuss them at 6 p.m. U.S. Eastern time. The investor relations announcement included a question-and-answer session. The call took place on the same day the results were released, after trading closed. The closing share price of $15.41 was for the October 27 session, the session before the announcement. The available information did not include a share price or trading activity after the results were released.