SequelSEC

Rush Street Interactive, Inc. RSI

Services-Miscellaneous Amusement & Recreation · CIK 0001793659 · Fiscal year ends 1231

Revenue
$1.13B
Fiscal year ended 2025-12-31
Operating income
$87.42M
Fiscal year ended 2025-12-31
Free cash flow
$164.24M
Fiscal year ended 2025-12-31

Rush Street Interactive, Inc. (RSI) reported revenue of $1.13B and net income of $33.31M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Rush Street Interactive, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Miscellaneous Amusement & Recreation.

Income

Rush Street Interactive, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$1.13B$924.08M$691.16M$592.21M$488.10M$278.50M$63.67M
Cost of revenue$741.66M$602.04M$465.01M$414.66M$332.14M$190.87MUnavailable
Gross profit$392.76M$322.05M$226.15M$177.55M$155.96M$87.63MUnavailable
Operating income$87.42M$25.05M-$51.61M-$124.80M-$94.28M-$133.42M-$22.33M
Net income$33.31M$2.39M-$18.30M-$38.63M-$19.49M$1.08M-$22.45M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 236.12Mshares 88.42Mshares 68.51Mshares 63.53Mshares 57.43Mshares 52.24MUnavailable
Pretax income-$11.08M$31.80M-$48.85M-$125.37M-$66.40M-$128.73M-$22.45M
Income tax expense-$85.11M$24.57M$11.21M$8.96M$4.69M$2.92M$0
Diluted EPS$0.31$0.03$-0.27$-0.61$-0.51$-0.01Unavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$100.72M$106.21M$87.35M$67.56M$55.52M$162.45M$23.65M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Rush Street Interactive, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$336.26M$229.17M$168.33M$179.72M$281.03M$255.62M$6.90M
Total assets$658.51M$379.47M$318.58M$350.35M$408.73M$308.56M$25.49M
Current assets$406.79M$285.05M$228.62M$264.47M$341.75M$294.48M$17.20M
Total liabilities$355.02M$181.15M$152.45M$159.47M$101.03M$575.89M$28.86M
Current liabilities$210.27M$163.13M$137.69M$143.94M$83.93M$400.99M$26.08M
Total equity incl. NCI$303.49M$198.32M$166.13M$190.87M$307.70M-$267.33M-$3.37M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$15.86M$14.91M$10.52M$11.17M$5.83M$779.00K$1.85M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$41.58M$25.80M$32.35M$29.80M$6.50M$11.99M$707.00K

Cash flow

Rush Street Interactive, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$165.00M$106.45M-$5.93M-$60.32M-$48.19M$16.18M-$2.46M
Capital expenditures$767.00K$925.00K$1.29M$4.16M$3.85M$1.87M$430.00K
Investing cash flow-$37.02M-$33.36M-$33.78M-$28.99M-$37.00M-$6.24M-$5.77M
Financing cash flow-$37.36M-$2.65M-$518.00K-$1.22M$125.58M$241.07M$15.54M
Net change in cash$107.75M$61.78M-$35.10M-$94.25M$38.26M$251.52M$7.31M
Stock-based compensation$26.26M$35.29M$30.02M$18.69M$24.91M$144.73M$13.41M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$7.63M$0$0$0$3.46M$0Unavailable
Depreciation & amortization$39.97M$32.20M$29.76M$14.32M$4.24M$2.08M$1.14M

Derived

Rush Street Interactive, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flow$164.24M$105.52M-$7.22M-$64.48M-$52.03M$14.31M-$2.89M
Gross margin34.6%34.9%32.7%30.0%32.0%31.5%Unavailable
Operating margin7.7%2.7%-7.5%-21.1%-19.3%-47.9%-35.1%
FCF margin14.5%11.4%-1.0%-10.9%-10.7%5.1%-4.5%
SBC / revenue2.3%3.8%4.3%3.2%5.1%52.0%21.1%
Current ratio1.93x1.75x1.66x1.84x4.07x0.73x0.66x
Revenue YoY growth22.8%33.7%16.7%21.3%75.3%337.4%Unavailable
Net margin2.9%0.3%-2.6%-6.5%-4.0%0.4%-35.3%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.1%0.1%0.2%0.7%0.8%0.7%0.7%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable77.2%UnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open RSI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-18View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.