7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 32.4% per year over the past 5 years.
Net income has grown faster than revenue (98.5% vs 32.4% per year).
Operating margin has expanded, at 7.7% in the latest year.
Free cash flow has grown 62.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$1.1B
$33M
34.6%
7.7%
22.6%
5.1%
$164M
—
$336M
2024
$924M
$2M
34.9%
2.7%
3.0%
0.6%
$106M
—
$229M
2023
$691M
-$18M
32.7%
-7.5%
-34.0%
-5.7%
-$7M
—
$168M
2022
$592M
-$39M
30.0%
-21.1%
-68.9%
-11.0%
-$64M
—
$180M
2021
$488M
-$19M
32.0%
-19.3%
-22.8%
-4.8%
-$52M
—
$281M
2020
$279M
$1M
31.5%
-47.9%
-1.7%
0.4%
$14M
—
$256M
2019
$64M
-$22M
0.0%
-35.1%
—
-88.1%
-$3M
—
$7M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$386M
$12M
36.4%
11.1%
6.1%
1.4%
$70M
—
$382M
Jun '26
$394M
$12M
35.5%
11.7%
6.2%
1.5%
$52M
—
$340M
Mar '26
$370M
$9M
35.7%
11.6%
5.7%
1.3%
$20M
—
$331M
Dec '25
$325M
$5M
34.4%
8.8%
3.6%
0.8%
$69M
—
$336M
Sep '25
$278M
$6M
34.0%
7.0%
4.5%
1.0%
$41M
—
$273M
Jun '25
$269M
$17M
35.3%
9.0%
13.6%
3.1%
$26M
—
$241M
Mar '25
$262M
$5M
34.9%
5.7%
6.5%
1.4%
$29M
—
$228M
Dec '24
$254M
$2M
36.4%
5.1%
2.6%
0.5%
$26M
—
$229M
Sep '24
$232M
$1M
34.8%
2.8%
1.7%
0.3%
$29M
—
$216M
Jun '24
$220M
-$100000
34.4%
1.9%
-0.2%
-0.0%
$20M
—
$194M
Mar '24
$217M
-$727000
33.5%
0.7%
-1.2%
-0.2%
$31M
—
$191M
Dec '23
$194M
-$2M
32.0%
-1.8%
-3.2%
-0.5%
$546000
—
$168M
Sep '23
$170M
-$4M
31.6%
-6.9%
-8.1%
-1.3%
$30M
—
$171M
Jun '23
$165M
-$5M
33.4%
-8.7%
-10.2%
-1.7%
-$13M
—
$128M
Mar '23
$162M
-$7M
34.0%
-13.6%
-13.8%
-2.3%
-$25M
—
$147M
Dec '22
$166M
-$9M
35.6%
-17.1%
-16.0%
-2.6%
-$9M
—
$180M
Sep '22
$148M
-$7M
30.2%
-13.9%
-10.5%
-1.9%
$8M
—
$195M
Jun '22
$144M
-$8M
27.0%
-17.9%
-12.1%
-2.4%
-$25M
—
$202M
Mar '22
$135M
-$15M
26.0%
-37.1%
-19.4%
-3.9%
-$38M
—
$232M
Dec '21
$131M
-$10M
33.8%
-28.4%
-12.2%
-2.5%
-$33M
—
$281M
Valuation over time
How the market has priced RSI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 660.8× (Dec '24) to 39.3× (Nov '26).
The price-to-sales ratio has risen from 0.6× (Mar '23) to 1.2× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is RSI growing its revenue and profit?
Over the past 5 years, Rush Street Interactive, Inc.'s revenue has grown 32.4% per year, and net income grown 98.5% per year. These are computed facts, not advice.
How much debt does RSI have?
As of FY2025, Rush Street Interactive, Inc. reported — of total debt against $336M of cash.
What is RSI's profit margin?
In FY2025, gross margin was 34.6%, operating margin 7.7%, and net margin 2.9%.
What is RSI's P/E ratio?
Rush Street Interactive, Inc.'s P/E (TTM) is 34.74 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the RSI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 39.3× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.