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| Date | Value |
|---|---|
| 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 |