RSI Reports Record Q4 & Full Year 2025 Results, Exceeds Guidance, and Issues Strong 2026 Outlook

summarizeSummary

Rush Street Interactive announced record fourth quarter and full year 2025 financial results, exceeding prior guidance, and provided an optimistic outlook with strong revenue and Adjusted EBITDA guidance for 2026.

check_boxKey Events

• Record Q4 2025 Performance

  Revenue reached a new quarterly record of $324.9 million, an increase of 28% year-over-year. Adjusted EBITDA also hit a new quarterly record of $44.1 million, up 44% year-over-year.

• Full Year 2025 Exceeds Guidance

  Full year revenue was $1,134 million, exceeding the high end of guidance and reflecting a 23% increase year-over-year. Full year Adjusted EBITDA was $153.7 million, also exceeding the high end of guidance with a 66% increase year-over-year.

• Strong 2026 Guidance Initiated

  The company initiated full year 2026 revenue guidance between $1,375 million and $1,425 million (21% to 26% year-over-year growth) and Adjusted EBITDA guidance between $210 million and $230 million (37% to 50% year-over-year growth).

• Significant User Growth

  Total Monthly Active Users (MAU) in the United States and Canada grew over 37% year-over-year, while MAUs in Latin America increased over 47% year-over-year.

auto_awesomeAnalysis

Rush Street Interactive delivered exceptional financial performance for the fourth quarter and full year 2025, surpassing its own guidance for both revenue and Adjusted EBITDA. This strong momentum is projected to continue into 2026, with significant year-over-year growth anticipated for both revenue and Adjusted EBITDA. The consistent growth in monthly active users across North America and Latin America, coupled with improved operating leverage, underscores the company's robust business model and strategic execution. This report signals strong operational health and a positive outlook for future profitability.