Rush Street Interactive Reports Record Q1 2026 Results

By | April 30, 2026

Rush Street Interactive, Inc. reported its financial results for the first quarter of 2026, highlighting record performance across key metrics as the online casino and sports betting operator expanded across the Americas. The company posted revenue of $370.4 million for the period ending March 31, 2026, marking a 41% increase compared with the same quarter a year earlier.

Net income also reached a new high at $26.2 million, rising 134% year-over-year from $11.2 million. Adjusted EBITDA climbed to $60.2 million, an 81% increase from $33.2 million in the prior-year quarter. The company also reported adjusted sales and marketing expenses of $46.2 million, equal to 12.5% of revenue.

Monthly active users (MAUs) totaled approximately 839,000, up 51% year-over-year. Growth was strongest in North America, where MAUs rose 46% to about 296,000, supported by a 62% increase in online casino markets. Latin America, including Mexico, recorded 543,000 MAUs, up 54% year-over-year.

Average revenue per monthly active user stood at $317 in the United States and Canada, while Latin America ARPMAU reached $54 during the quarter.

Management Cites Strong Player Growth

CEO Richard Schwartz said the company continued to deliver record results across revenue, profit, and user growth. “We are pleased to report another strong quarter of results, setting new records once again for revenue, net income and adjusted EBITDA.”

He pointed to sustained acceleration in user growth, noting four consecutive quarters of year-over-year increases.

“The continued acceleration we’ve seen in revenue and player growth is particularly exciting. We’ve now achieved accelerating year-over-year player growth in each of the last four quarters, reflecting the strength in our business.”

The company also recorded a high number of first-time depositors while keeping marketing spend disciplined. Management credited stronger brand visibility and improved customer acquisition and retention systems.

Schwartz said enhancements across the player journey have supported engagement and value creation, adding: “We remain committed to delivering exceptional player experiences while creating long-term value for our shareholders.”

Higher Guidance Reflects Continued Expansion

Rush Street Interactive raised full-year 2026 guidance following the strong quarter. Revenue is now expected between $1.49 billion and $1.54 billion, representing 31% to 36% growth.

Adjusted EBITDA guidance increased to $230 million to $250 million, or 50% to 63% growth.

The company said the outlook reflects underlying strength, ongoing market development, and competitive conditions. It also includes operations in current jurisdictions and a planned Alberta launch in July 2026, along with existing tax structures such asColombia’s temporary 16% tax.

Market Expansion and Operational Context

The company noted ongoing growth across both North and South American markets, with user expansion supported by increasing demand for online casino products. While North America remained a key driver of performance, Latin America also contributed strongly to overall growth.

Despite strong results, the company acknowledged a competitive environment in newer markets and potential cost pressures linked to marketing, general expenses, and regulatory conditions.

Rush Street Interactive continues to position its casino-focused strategy as central to long-term growth, emphasizing engagement, retention, and platform development as core drivers of performance.

Source:

“Rush Street Interactive Announces First Quarter 2026 Results and Raises Full Year Guidance”, ir.rushstreetinteractive.com, April 28, 2026

The post Rush Street Interactive Reports Record Q1 2026 Results first appeared on RealMoneyAction.com.

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