Rush Street Interactive (RSI) Operating Expenses (2020 - 2026)

Rush Street Interactive (RSI) recorded quarterly Operating Expenses of $327.6 million in Q1 2026, up 10.6% quarter-over-quarter from $296.2 million in Q4 2025, and up 32.36% on a YoY basis from $247.5 million in Q1 2025.

Rush Street Interactive (RSI) Operating Expenses (2020 - 2026) Analysis & Trends

Rush Street Interactive's Operating Expenses history runs 7 years deep, the most recent figure standing at $327.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 32.36% year-over-year to $327.6 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 21.11% YoY), while the FY2025 annual figure was $1.0 billion, up 16.46% from the prior year.
  • Operating Expenses was $327.6 million for Q1 2026 at Rush Street Interactive, up from $296.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $327.6 million in Q1 2026 to a low of $168.6 million in Q3 2022.
  • Historically, Operating Expenses has averaged $219.6 million across 5 years, with a median of $215.9 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 32.95% in 2022, then dropped 0.29% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $193.9 million in 2022, then rose by 1.79% to $197.4 million in 2023, then grew by 22.26% to $241.3 million in 2024, then advanced by 22.74% to $296.2 million in 2025, then rose by 10.6% to $327.6 million in 2026.
  • The last three Operating Expenses figures came in at $327.6 million (Q1 2026), $296.2 million (Q4 2025), and $258.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn 792.00 Mn
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn 289.11 Mn
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn 520.00 Mn
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn 327.58 Mn
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn 60.00 Mn
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn 324.48 Mn
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - -
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn 17.75 Mn
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn 24.30 Mn
10 High Roller Technologies 50.40 Mn 47.74 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 327.58 Mn
Dec 31, 2025 296.18 Mn
Sep 30, 2025 258.44 Mn
Jun 30, 2025 244.89 Mn
Mar 31, 2025 247.49 Mn
Dec 31, 2024 241.31 Mn
Sep 30, 2024 225.65 Mn
Jun 30, 2024 216.18 Mn
Mar 31, 2024 215.90 Mn
Dec 31, 2023 197.38 Mn
Sep 30, 2023 181.59 Mn
Jun 30, 2023 179.36 Mn
Mar 31, 2023 184.44 Mn
Dec 31, 2022 193.90 Mn
Sep 30, 2022 168.60 Mn
Jun 30, 2022 169.52 Mn
Mar 31, 2022 184.98 Mn
Dec 31, 2021 167.64 Mn
Sep 30, 2021 140.62 Mn
Jun 30, 2021 134.99 Mn