Rush Street Interactive Raises 2026 Guidance After Q1 Revenue Soars 41% to $370M
Rush Street Interactive posted Q1 revenue of $370 million, up 41% year-over-year, and record adjusted EBITDA of $60 million, up 81%. The company grew monthly active users 46% in North America and raised full-year 2026 revenue guidance to $1.49-1.54 billion (31-36% growth), while facing a 14% ARPMOP decline.
1. Q1 Financial Highlights
Rush Street Interactive delivered record Q1 2026 revenue of $370 million, a 41% increase year-over-year, and achieved adjusted EBITDA of $60 million, up 81% from the prior year. Strong margin expansion was driven by optimized cost management and higher transaction volumes.
2. User Growth and Engagement
Monthly active users rose 46% in North America and 54% in Latin America, reflecting the success of the casino-first strategy. However, average revenue per monthly active user declined 14% in North America due to the acquisition of new, lower-spending players.
3. Raised Full-Year 2026 Guidance
The company lifted its full-year 2026 revenue forecast to $1.49 billion–$1.54 billion, implying growth of 31%–36%. This guidance reflects confidence in sustained user growth and cross-selling of casino offerings across existing markets.
4. Regional and Regulatory Challenges
RSI expects a temporary 16% gross gaming revenue tax in Colombia to impact near-term profitability, while elevated marketing and G&A expenses are anticipated with the planned Alberta market launch. Competition from gray market operators in new regions poses an additional headwind.