Rush Street Interactive started 2026 with a strong first quarter, reporting its highest-ever quarterly revenue, net income, and adjusted EBITDA. The online gaming company brought in $370.4 million in revenue for the quarter ended March 31, up 41% from the same period a year earlier.
Net income climbed to $26.2 million, marking a 134% increase year over year. Adjusted EBITDA reached $60.2 million, an 81% rise compared with the first quarter of 2025. The company also kept adjusted sales and marketing expenses at $46.2 million, equal to 12.5% of revenue.
Monthly active users rose to about 839,000, a 51% jump year over year. Growth came from both North and South America, with North American online casino markets showing particularly strong expansion.
Player growth spreads across key markets
User activity continued to build across regions. North American monthly active users reached roughly 296,000, up 46% compared with last year. Within that segment, online casino markets saw 62% growth.
Latin America remained a major contributor, with about 543,000 monthly active users, an increase of 54% year over year. Mexico was included in the regional totals.
Average revenue per monthly active user showed a wide gap between regions. In the United States and Canada, ARPMAU reached $317, while Latin America came in at $54.
Management pointed to continued momentum in both user acquisition and retention. The company also noted record first-time depositors during the quarter, supported by steady marketing spending and stronger brand awareness.
Leadership comments and updated outlook
Richard Schwartz, Chief Executive Officer of RSI, highlighted the pace of growth and repeated record-setting performance across key metrics.
“We are pleased to report another strong quarter of results, setting new records once again for revenue, net income, and adjusted EBITDA.”
He added further detail on user trends and business performance:
“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. In our North American online casino markets, MAUs grew an impressive 62%, surpassing the 51% growth we achieved in the fourth quarter of 2025. We also achieved record first-time depositors this quarter while maintaining disciplined marketing spend, showcasing our expanding brand awareness and the efficiency we’ve built into our customer acquisition and retention model. These results validate the customer-centric approach that has consistently driven our performance. The systematic enhancements we’ve made throughout the entire player journey have created a compounding dynamic where strong acquisition brings high-quality players, effective retention keeps them engaged, and exceptional experiences drive value.”
Schwartz also pointed to ongoing confidence in future results, mentioning planned expansion into Alberta and continued focus on regulated markets.
For the full year 2026, the company raised its outlook. Revenue is now expected between $1.49 billion and $1.54 billion, representing growth of 31% to 36%. Adjusted EBITDA is forecast between $230 million and $250 million, up 50% to 63% from the prior year.
The updated guidance assumes operations in existing regulated markets plus the expected Alberta launch in July 2026. It also factors in current tax conditions, including a temporary 16% tax measure in Colombia.
Source:
Rush Street Interactive Announces First Quarter 2026 Results and Raises Full Year Guidance, ir.rushstreetinteractive.com, April 28, 2026
