Rush Street Interactive (RSI) Operating Expenses (2020 - 2026)
Rush Street Interactive (RSI) recorded Operating Expenses of $347.55 million in Q2 2026, up 41.9% from $244.89 million a year earlier and up 6.1% from the prior quarter.
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Analysis
Rush Street Interactive (RSI) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Rush Street Interactive's Operating Expenses came in at $1.23 billion as of Jun 30, 2026, up 28.2% year-over-year; for FY2025, it came in at $1.05 billion, up 16.5% from FY2024.
- Annual Operating Expenses has increased for six straight years, with a five-year compound annual growth rate of 20.5% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $899.04 million in FY2024 (+21.0%), $742.77 million in FY2023 (+3.6%), $717.01 million in FY2022 (+23.1%) and $582.38 million in FY2021 (+41.4%).
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q1 2020.
- On a year-over-year basis, Operating Expenses has increased for 13 consecutive quarters, with growth averaging 23.2% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 41.9% in Q2 2026, against a decline of 0.3% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $327.58 million (Q1 2026), $296.18 million (Q4 2025) and $258.44 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 2.54 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 297.09 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 845.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 86.28 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 716.29 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 1.56 Bn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 3.97 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 2.48 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | -50.00 Mn |
| 10 | Rush Street Interactive | 4.71 Bn | 3.59 Bn | 139.66 Mn | 347.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 347.55 Mn |
| 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 |
API Access
Rush Street Interactive Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=RSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "RSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=RSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();