SequelSEC

Rush Street Interactive, Inc. RSI

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

Revenue
$1.47B
Fiscal year ended 2026-09-30
Operating income
$160.37M
Fiscal year ended 2026-09-30
Free cash flow
$210.76M
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$1.38BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float / net income41.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue1.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity4.5×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

41.3× earnings today, against a median of 213.4× across 3 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$1.38B41.3×
2024-06-28$738.09M309.1×
2020-06-30$230.69M213.4×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Services-Miscellaneous Amusement & Recreation filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue0.1%0th
Current ratio1.93x84th
Revenue YoY growth22.8%74th
FCF margin14.5%73th
Gross margin34.6%29th
SBC / revenue2.3%47th
Net margin2.9%47th
Operating margin7.7%53th

Rush Street Interactive, Inc. (RSI) reported revenue of $1.47B and net income of $37.70M for the fiscal year ended 2026-09-30. This page shows 1 annual period 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.
Metric2026-09-30
Revenue$1.47B
Cost of revenue$950.91M
Gross profit$523.97M
Operating income$160.37M
Net income$37.70M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income$179.04M
Income tax expense$75.72M
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrative$119.57M
Selling & marketingUnavailable

Balance

Rush Street Interactive, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Cash & equivalents$381.91M
Total assets$828.60M
Current assets$456.17M
Total liabilities$466.23M
Current liabilities$205.85M
Total equity incl. NCI$362.37M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivable$14.94M
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$31.49M

Cash flow

Rush Street Interactive, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Operating cash flow$212.42M
Capital expenditures$1.66M
Investing cash flow-$42.21M
Financing cash flow-$84.33M
Net change in cash$108.36M
Stock-based compensation$26.39M
Common dividends paidUnavailable
Common share repurchases$13.53M
Depreciation & amortization$44.41M

Derived

Rush Street Interactive, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Free cash flow$210.76M
Gross margin35.5%
Operating margin10.9%
FCF margin14.3%
SBC / revenue1.8%
Current ratio2.22x
Revenue YoY growth38.7%
Net margin2.6%
R&D / revenueUnavailable
CapEx / revenue0.1%
Long-term debt / equityUnavailable
Effective tax rate42.3%

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 2026-10-29View SEC filing
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

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.