Rush Street Interactive Q2 revenue beats estimates; annual outlook lifted

Rush Street Interactive

29/07/2026 21:56

Overview
US online casino and sports betting firm's Q2 revenue rose 46%, beating analyst expectations
Company posted record Q2 net income and adjusted EBITDA
Company raised full-year 2026 revenue and adjusted EBITDA guidance

Outlook
Rush Street Interactive raises 2026 revenue guidance to $1,560 mln-$1,600 mln
Company lifts 2026 adjusted EBITDA forecast to $245 mln-$265 mln

Result Drivers
ONLINE CASINO GROWTH - Co said continued share gains in online casino drove results, with online casino representing 72% of revenue
PLAYER GROWTH - Co reported strong year-over-year increases in monthly active users in both North America and Latin America
SPORTS BETTING EVENTS - Co said sports betting markets benefited from the World Cup

Company press release: ID:nGNX52V3kS

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$393.78 mln
$364.43 mln (11 Analysts)
Q2 Net Income
 
$29.30 mln
 
Q2 Adjusted EBITDA
 
$64.60 mln
 
Q2 EBIT
 
$46.23 mln
 
Q2 Pretax Profit
 
$49.66 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the casinos & gaming peer group is "buy"
Wall Street's median 12-month price target for Rush Street Interactive Inc is $35.50, about 15.7% above its July 28 closing price of $30.69
The stock recently traded at 42 times the next 12-month earnings vs. a P/E of 36 three months ago

Reuters Recommended Reads
July 28 - BetMGM cuts outlook as prediction market competition grows
July 28 - Caesars Entertainment Q2 revenue slightly beats estimates on regional growth
July 29 - US court revives lawsuit claiming AI software fueled price-gouging by New Jersey casinos 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)