Rush Street Interactive delivered a strong third quarter in 2025, achieving record quarterly revenue of $277.9 million, a 20% increase year-over-year. The company also reported a substantial increase in net income to $14.8 million and a 54% rise in Adjusted EBITDA to $36.0 million. This growth was primarily driven by strong player acquisition and engagement, particularly in the North American online casino markets, where Monthly Active Users grew by 46%.
Rush Street Interactive delivered an exceptional second quarter in 2025, achieving record revenue of $269.2 million, a 22% increase year-over-year. The company also reported a significant turnaround in profitability with a record net income of $28.8 million and a substantial 88% increase in Adjusted EBITDA to $40.2 million. This strong performance was driven by broad-based growth across its business, particularly in online casino revenue, and led to an upward revision of its full-year 2025 guidance.
Rush Street Interactive announced robust results for the first quarter of 2025, with revenue increasing 21% year-over-year to $262.4 million and Adjusted EBITDA nearly doubling to a record $33.2 million. The company also reported positive net income of $11.2 million, a significant improvement from a net loss in the prior year period. These results were driven by strong performance in both the United States/Canada and Latin American markets.
Rush Street Interactive reported a strong fourth quarter in 2024, with revenue increasing by 31% year-over-year to $254.2 million and adjusted EBITDA surging by 166% to $30.6 million. The company also achieved net income of $6.5 million, a significant improvement from a net loss in the prior year.
Rush Street Interactive announced strong Q3 2024 results with a 37% increase in revenue to $232.1 million and a net income of $3.2 million, compared to a net loss in the same quarter last year. Adjusted EBITDA increased significantly to $23.4 million. The company raised its full-year Adjusted EBITDA guidance by 24% and announced a $50 million share repurchase authorization.
Rush Street Interactive reported a revenue of $220.4 million for the second quarter of 2024, a 34% increase compared to the same period in 2023. The company's net loss was $0.3 million, significantly improved from a $16.7 million loss in the previous year. Adjusted EBITDA exceeded $21 million, and the full year Adjusted EBITDA guidance was raised by 24% at the midpoint.
Rush Street Interactive reported a strong first quarter in 2024, achieving record revenue of $217 million and adjusted EBITDA of $17 million. The company's performance was driven by growth in both iCasino and Online Sports businesses. They raised the full year 2024 adjusted EBITDA guidance by 38% at the midpoint.
Rush Street Interactive announced strong fourth-quarter results with a 17% increase in revenue to $193.9 million and a significant improvement in adjusted EBITDA to $11.5 million, compared to a loss in the previous year. The company's full-year revenue also increased by 17% to $691.2 million. They provided FY2024 revenue guidance between $770 and $830 million and Adjusted EBITDA guidance between $35 and $45 million.
Rush Street Interactive reported a 15% increase in revenue to $169.9 million for the third quarter of 2023, compared to $148.0 million in the third quarter of 2022. The company's net loss decreased to $13.4 million from $22.7 million year-over-year, and adjusted EBITDA was a positive $4.1 million, compared to a loss of $12.5 million in the same period last year. RSI is raising its full year 2023 revenue guidance to between $665 and $685 million.
Rush Street Interactive (RSI) reported a 15% increase in revenue to $165.1 million for Q2 2023, compared to $143.7 million in Q2 2022. The company achieved adjusted EBITDA profitability of $1.2 million, a significant improvement from the $18.6 million loss in the same quarter last year. RSI also raised its full-year revenue guidance to a range of $650 to $690 million.
Rush Street Interactive reported a 20% increase in revenue to $162.4 million for the first quarter of 2023, driven by growth in Latin America and new North American markets. The company is on track to achieve profitability in the second half of the year, with improved Adjusted EBITDA performance.
Rush Street Interactive (RSI) announced a 27% year-over-year increase in revenue for the fourth quarter of 2022, reaching $165.5 million. The company's net loss for the quarter was $31.1 million, an improvement compared to the $38.1 million loss in the same period of 2021. RSI is initiating full year 2023 revenue guidance of between $630 and $700 million and expects to achieve positive Adjusted EBITDA for the second half of 2023.
Rush Street Interactive (RSI) announced its third quarter 2022 financial results, with revenue reaching $148.0 million, a 20% increase compared to the same period in 2021. The company reported a net loss of $22.7 million and an adjusted EBITDA loss of $12.5 million. Despite currency headwinds and a lower than normal online casino hold rate, RSI achieved its fourteenth consecutive quarter of sequential revenue growth. The company expects revenues for the full year to be between $580 million and $600 million.
Rush Street Interactive reported a revenue of $143.7 million for the second quarter of 2022, representing a 17% increase compared to the same period in 2021. The company's net loss was $28.3 million, and they have tightened their full year 2022 revenue guidance to between $600 and $630 million.
Rush Street Interactive reported a revenue of $134.9 million for the first quarter of 2022, representing a 21% increase compared to the first quarter of 2021. The company's net loss was $52.3 million, and they are raising full year revenue guidance to between $600 and $650 million.
Rush Street Interactive reported a revenue of $130.6 million for the fourth quarter of 2021, a 31% increase compared to the same period in 2020. The company's net loss was $38.1 million, and adjusted EBITDA was a loss of $31.2 million. They are initiating full year 2022 revenue guidance of between $580 and $630 Million.
Rush Street Interactive reported a revenue of $122.9 million for the third quarter of 2021, representing a 57% increase compared to the third quarter of 2020. The company raised its full year 2021 revenue guidance to between $480 and $500 million.
Rush Street Interactive reported a strong second quarter with revenue of $122.8 million, an increase of 89% year-over-year. The company also raised its full year 2021 revenue guidance to between $465 and $495 million.
Rush Street Interactive reported strong first-quarter results with a 218% increase in revenue year-over-year, reaching $111.8 million. The company launched online casino and sportsbook in Michigan and online sportsbook in Virginia. Due to the strong cash position, the company increased its marketing spend in 2021 and raised its full-year revenue guidance to between $440 and $480 million.
Rush Street Interactive reported a strong Q4 2020, with revenue reaching $100.0 million, a 260% increase year-over-year. The company was the second largest online casino operator in the US for the quarter and full year. Increased 2021 revenue guidance, reflecting strong Q4 results and anticipated growth from increased marketing spend.