Rush Street Interactive reported strong third-quarter growth, with revenue, net income and adjusted EBITDA all higher than a year earlier. The online casino and sports betting company also reiterated its 2026 revenue and adjusted EBITDA guidance, though the announcement provided no guidance figures.
Growth in monthly active users was particularly strong in Latin America, while North America reached a quarterly user record. Management said online casino remains the main source of profitability and described the Alberta launch as still in its gradual early ramp.
Key results and operating metrics
- Revenue was $385.9 million, up 39% from $277.9 million in the third quarter of 2025.
- Net income was $28.7 million, up 93% from $14.8 million.
- Adjusted EBITDA was $62.2 million, up 73% from $36.0 million. This is a non-GAAP measure; the company characterized the result as evidence of continued operating leverage.
- Adjusted sales and marketing expense was $54.7 million, equal to 14.2% of revenue.
- Monthly active users totaled 907,881, up 42% year over year.
- North America had 300,572 monthly active users, up 34% and a quarterly record.
- Latin America, including Mexico, had 607,308, up 46%.
- Average revenue per monthly active user was $309 in North America and $58 in Latin America, including Mexico.
Business and outlook
- RSI reiterated its full-year 2026 revenue and adjusted EBITDA guidance. The announcement did not state the guidance amounts.
- CEO Richard Schwartz said the company increased marketing investment where it saw attractive returns. He identified online casino as the business’s profitability engine.
- Management said Latin American revenue continued to grow on both a gross and net basis, and that customers acquired during the World Cup continued to play across the company’s products.
- RSI said it was more than three months into its Alberta launch and expected the new market to build gradually.
- Management described the company as entering the fourth quarter with a strong balance sheet and flexibility to invest in long-term growth.
The reported figures show net income and adjusted EBITDA growing faster than revenue, alongside a substantial increase in active users. The user and revenue-per-user figures also show a marked difference between the two regions: North America had fewer active users but higher average revenue per user than Latin America.