Rush Street Interactive (RSI) Gross Margin (2020 - 2026)
Rush Street Interactive's (RSI) quarterly Gross Margin came in at 35.69% in Q1 2026, up 81.0% year-on-year from 19.72% in Q1 2025, and up 3.77% quarter-over-quarter from 34.39% in Q4 2025.
Rush Street Interactive (RSI) Gross Margin (2020 - 2026) Analysis & Trends
Rush Street Interactive's Gross Margin history runs 7 years deep, the most recent figure standing at 35.69% for Q1 2026.
- On a quarterly basis, Gross Margin rose 81.0% year-over-year to 35.69% in Q1 2026; TTM through Mar 2026 was 34.89%, a 27.0% decrease from a year earlier, with the FY2025 full-year figure at 34.62%, down 23.0% from the prior year.
- Gross Margin improved to 35.69% in Q1 2026 per RSI's latest filing, from 34.39% in the prior quarter.
- Across five years, Gross Margin topped out at 36.41% in Q4 2024 and bottomed at 26.0% in Q1 2022.
- The 5-year median for Gross Margin is 34.0% (2023), against an average of 33.13%.
- Across the five-year window, Gross Margin sank 395 bps in 2022 and soared 801 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 35.6% in 2022, then slipped by 10 bps to 31.98% in 2023, then gained by 14 bps to 36.41% in 2024, then dropped by 6 bps to 34.39% in 2025, then rose by 4 bps to 35.69% in 2026.
- Per Business Quant, the three latest RSI Gross Margin figures stand at 35.69% (Q1 2026), 34.39% (Q4 2025), and 33.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 42.68% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 42.32% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | - |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 69.98% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 35.69% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 50.60% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 99.82% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 95.45% |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | 85.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.69% |
| Dec 31, 2025 | 34.39% |
| Sep 30, 2025 | 33.98% |
| Jun 30, 2025 | 35.31% |
| Mar 31, 2025 | 34.88% |
| Dec 31, 2024 | 36.41% |
| Sep 30, 2024 | 34.77% |
| Jun 30, 2024 | 34.44% |
| Mar 31, 2024 | 33.53% |
| Dec 31, 2023 | 31.98% |
| Sep 30, 2023 | 31.63% |
| Jun 30, 2023 | 33.45% |
| Mar 31, 2023 | 34.00% |
| Dec 31, 2022 | 35.60% |
| Sep 30, 2022 | 30.19% |
| Jun 30, 2022 | 27.03% |
| Mar 31, 2022 | 26.00% |
| Dec 31, 2021 | 33.77% |
| Sep 30, 2021 | 33.92% |
| Jun 30, 2021 | 30.98% |