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

Rush Street Interactive's (RSI) quarterly Operating Expenses came in at $327.6 million in Q1 2026, up 32.36% year-on-year from $247.5 million in Q1 2025, and up 10.6% quarter-over-quarter from $296.2 million in Q4 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.

  • On a quarterly basis, Operating Expenses rose 32.36% year-over-year to $327.6 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 21.11% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 16.46% from the prior year.
  • Operating Expenses rose to $327.6 million in Q1 2026 per RSI's latest filing, from $296.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $327.6 million in Q1 2026 and bottomed at $168.6 million in Q3 2022.
  • The 5-year median for Operating Expenses is $215.9 million (2024), against an average of $219.6 million.
  • Across the five-year window, Operating Expenses jumped 32.95% in 2022 and fell 0.29% in 2023, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest RSI Operating Expenses figures stand at $327.6 million (Q1 2026), $296.2 million (Q4 2025), and $258.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 1.50 Bn
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 289.11 Mn
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - -470.00 Mn
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn 520.00 Mn
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn 327.58 Mn
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn 60.00 Mn
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn 324.48 Mn
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn 24.30 Mn
10 Gambling.com 58.26 Mn 42.45 Mn 39.34 Mn -25.50 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