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Rush Street Interactive (RSI) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 30, 2026

Rush Street Interactive (RSI) reported revenue of $394M for the second quarter 2026 (Q2 2026), +46% from a year earlier and +6% from the quarter before. Operating margin was 11.7%, net earnings $11.5M (2.9% of revenue).

Revenue$394M
Year over year+46%
Quarter over quarter+6%
Operating margin11.7%
Net earnings$11.5M

Rush Street Interactive, Q2 2026: revenue $394M (+46% year over year), operating margin 11.7%, net earnings $11.5M, operating cash flow $52.1M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$394M+6%+46%
Operating profit$46.2M+8%+90%
Net earnings$11.5M+27%-31%
Operating cash flow$52.1M+159%+102%
Free cash flow$51.7M+160%+102%

What changed

Revenue was $393.8M in Q2 2026, up 46% year over year and up 6% from the previous quarter. Online casino and online sports betting was the largest line at 100% of revenue. Online casino and online sports betting added $124.7M year over year (up 47%), 100% of the total change. Social gaming declined 9%.

Operating profit was $46.2M, a 11.7% margin (up 2.7 points year over year). Of the extra revenue versus Q2 2025, 18% reached operating profit, above the 9% margin then. Total costs grew 42% against revenue growth of 46%. The fastest-growing cost line was Cost of revenue (+46%). Net earnings were $11.5M, down 31% year over year. The effective tax rate was 41.0%.

Operating cash flow was $52.1M (up 102% year over year), 178% of net income including minority interests. Non-cash charges added back $11.1M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items added $4.4M. Capital expenditures of $347K left free cash flow of $51.7M.

Questions

What was Rush Street Interactive's revenue in the second quarter 2026?

Rush Street Interactive (RSI) reported revenue of $394M for the second quarter 2026 (Q2 2026), +46% from a year earlier and +6% from the quarter before.

Was Rush Street Interactive profitable in the second quarter 2026?

Operating profit was $46.2M (11.7% of revenue) and net earnings $11.5M.

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Source: Rush Street Interactive 10-Q on SEC EDGAR.