RSI reports 38.8% net revenue increase for Q3 to $385.9m

Rush Street Interactive (RSI) has released its financial performance for the third quarter of 2026, managing to increase net revenue 38.8% to $385.9m and set a new quarterly record in North American monthly active users. 

“Online casino remains the engine of our profitability, and we’re pleased to have reached a new quarterly record this period for monthly active users in North America,” RSI CEO Richard Schwartz said. 

“In Latin America, revenue growth continues to be strong on both a gross and net basis, and we are encouraged that customers who joined us during the World Cup continue to play across our products. In Alberta, we are now more than three months into our launch, and while we expect the ramp to be gradual, we’re excited about the opportunities in this new market.

“We enter the fourth quarter with a strong balance sheet, a scalable profitability model, continued marketing efficiency and the flexibility to be opportunistic on how we invest in long-term growth.”

The operator’s net income for Q3 also grew year-over-year, rising 95.4% for a total of just over $11.8m. RSI’s adjusted EBITDA for the third quarter of 2026 totaled $62.2m, representing an increase of 72.7%. 

Income from operations more than doubled from the prior year period during Q3, rising 119.1% to $42.7m even while RSI’s operating expenses for the quarter increased 32.8% to $343.2m. 

As a result of the positive trends witnessed for Q3 2026, RSI adjusted its net revenue and adjusted EBITDA guidance for the full-year period. 

Net revenue is now expected to fall between $1.56bn and $1.6bn, equating to potential growth of 38-41%, while adjusted EBITDA is estimated to reach between $245-265m, which would represent an increase of 59-72%. 

Monthly active users in North America reached 300,572 and increased 34%, while Latin America totaled 607,308 monthly active users and grew 46% year-over-year. 

On June 8, RSI appointed Harper Stephens as the operator’s new Director of Government Affairs, having previously served as both Manager and Senior Manager of Government Relations for Aristocrat Gaming.

Stephens spent close to four years with Aristocrat Gaming after serving in various positions with the US House of Representatives during a five-year tenure. Having first began as a Staff Assistant in August 2017, Stephens was eventually promoted to Senior Policy Advisor by March 2022.