Company Analysis

Rush Street Interactive, Inc. (RSI)

NYSE: RSI · Services-Miscellaneous Amusement & Recreation · Chicago, IL · filing with the SEC since 2019
Grade5.6
◀ Past 4.9● Present 6.4▶ Future 5.2

The grade of Rush Street Interactive, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past4.930% of the headline
● Present6.440% of the headline
▶ Future5.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.0/10

Has it survived what it has been through?

1 warning event since 2019; the latest 2021-05-07.

weight 33% of this tense · 30th percentile among 22 sector filers · read for itself

From the record

Rush Street Interactive, Inc.'s filings since 2019 show 1 warning event: a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-05-07) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.7/10

What has it actually done, year after year?

+61.6% a year over 7 filed years; profitable in 3 of 7.

weight 45% of this tense · 77th percentile among 20 sector filers · read for its customers

From the record

Rush Street Interactive, Inc.'s 7 filed years say what it did: revenue went from $64 million in fiscal 2019 to $1.1 billion in fiscal 2025, up 61.6% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 3 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span61.6%top 7% of its family
  • the share of years revenue rosetop 12% of its family
  • the share of filed years with a profitbottom 40% of its family
  • the deepest fall from a revenue peak0.0%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.1/10

How has it treated the people who own it?

Share count grew 54.9% a year. 3% of cash flow returned. Insiders: 84 sales, 2 purchases.

weight 22% of this tense · 21st percentile among 14 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Rush Street Interactive, Inc.'s diluted share count grew about 54.9% a year, and dividends and buybacks returned about 3% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 84 sales (72 under scheduled 10b5-1 plans) and 2 purchases of their own stock on the open market in the year to 2026-11-12, buying about $147 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 14% of its family
  • cash returned against operating cash flowbottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.5/10

Is it financially healthy right now?

ROE 23%: 23¢ of profit per shareholder dollar. Leverage 78%: owes 78¢ per asset dollar.

weight 33% of this tense · 55th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Rush Street Interactive, Inc. earned about 23 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 60 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 78 cents per dollar of assets, and net share issuance: its share count grew 167.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 45% of its family
  • return on equitytop 22% of its family
  • gross profit against assetstop 19% of its family
  • the share count against the year beforebottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.5/10

How strong is its position in its industry?

top 35% of 20 in its family; net margin 2.9%.

weight 45% of this tense · 65th percentile among 20 sector filers · read for its customers

From the record

Rush Street Interactive, Inc.'s standing among 20 graded names in its industry family: revenue of $1.1 billion in fiscal 2025 ranks in the top 44% by size; a net margin of 2.9% ranks in the top 42%; revenue growth of 24.2% a year over the last 3 filed years ranks in the top 17% (its annual reports).

What it rests on

  • revenue against the family$1.13Btop 44% of its family
  • net margin2.9%top 42% of its family
  • three-year revenue growth24.2%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.4/10

What are the people in charge doing?

top 26% of 9 in its family for leadership; chief executive since 2022.

weight 22% of this tense · 74th percentile among 9 sector filers · read for its shareholders

From the record

Rush Street Interactive, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schwartz, Richard Todd (Chief Executive Officer, as filed), filing under that title since 2022-04-14, 4.6 years (top 17% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 5.8 years (top 44%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 18%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 14 peopletop 18% of its family
  • the median years the people in charge have filed5.8 yearstop 44% of its family
  • the chief executive's years on the record4.6 yearstop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.9/10

How much room does it have to grow?

top 31% of 20 in its family for room to expand.

weight 22% of this tense · 69th percentile among 20 sector filers · read for itself

From the record

Rush Street Interactive, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $341 million against no long-term debt tagged leaves 51.7% of its assets as net cash, top 12% of its family; cash from operations less capital spending is 14.5% of revenue (top 24%); a gross margin of 34.6% (bottom 44%) (its annual report).

What it rests on

  • cash less debt against assets51.7%top 12% of its family
  • cash from operations less capital spending against revenue14.5%top 24% of its family
  • gross margin34.6%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.1/10

What could actually drive growth from here?

bottom 31% of 20 in its family for growth drivers.

weight 45% of this tense · 31st percentile among 20 sector filers · read for its customers

From the record

Rush Street Interactive, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 24.2% a year over the last three filed years against 61.6% over all 7, slowing (bottom 8% of its family); the newest year grew 22.8% (top 27%); capital spending grew -43.1% a year (bottom 14%) (its annual reports). Rush Street Interactive, Inc. reported 3 product lines in fiscal 2025: Online Wagering at $1.1 billion (99%), Social Gaming at $5 million (0%), Retail Sports Services at $2 million (0%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-37.4 points a yearbottom 8% of its family
  • the newest year's revenue growth22.8%top 27% of its family
  • three-year growth of capital spending-43.1%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.9/10

Did its newest year beat what its own record pointed to?

top 31% of 18 in its family for expectations against reality.

weight 33% of this tense · 69th percentile among 18 sector filers · read for its shareholders

From the record

Rush Street Interactive, Inc.'s newest year against its own record: revenue of $1.1 billion in fiscal 2025 came in 1.7% below the $1.2 billion its prior three years' pace pointed to (bottom 47% of its family); net income of $33 million against a prior three-year average of $18 million (top 3%); a net margin of 2.9% against -3% before (top 36%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-1.7%bottom 47% of its family
  • net income against the prior three years' average+283%top 3% of its family
  • net margin against its prior average+5.9 pointstop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RSI · research, not advice