Rush Street Interactive earnings are showing strong momentum in early 2025. The company reported its financial results for Q1, highlighting growth across all key metrics. RSI continues to expect solid full-year results based on its current market presence.

• Rush Street Interactive reported $262.4 million in revenue for Q1 2025, up 21% from $217.4 million in Q1 2024.

• Net income reached $11.2 million compared to a $2.2 million net loss a year ago. This marks a turnaround in profitability from the same period last year.

• Adjusted EBITDA came in at $33.2 million, up 95% year-over-year from $17.1 million. The strong gain reflects improved efficiency and user monetization. Rush Street Interactive earnings are growing sharply, especially in online casino operations.

• Monthly Active Users (MAUs) in the U.S. and Canada rose 17% to about 203,000. MAUs in Latin America increased 61% to around 354,000. Despite this, average revenue per user in Latin America dropped from $44 to $36.

• ARPMAU in the U.S. and Canada was $368 in Q1 2025, a 3% increase year-over-year. Latin America’s ARPMAU decline suggests differing monetization dynamics by region. Rush Street Interactive earnings benefit more from North American players per capita.

• Sales and marketing expenses rose slightly by 3% to $38.8 million. RSI repurchased $5.2 million of Class A shares under its $50 million buyback plan. “These strong results are driven by our commitment to innovation,” said CEO Richard Schwartz.

• RSI reaffirmed its full-year 2025 guidance, expecting revenue between $1,010 and $1,080 million. This range reflects 13% growth at the midpoint versus 2024 revenue of $924 million. Adjusted EBITDA is forecasted between $115 and $135 million, a 35% gain at the midpoint.