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Rush Street Interactive, Inc. (RSI) Stock Fundamental Analysis & AI Rating 2026

RSI NYSE Services-Miscellaneous Amusement & Recreation DE CIK: 0001793659
Recently Updated • Analysis: Apr 15, 2026 • SEC Data: 2025-12-31
BUY
72% Conf
Pending
Analysis scheduled

📊 RSI Key Takeaways

Revenue: $1.1B
Net Margin: 2.9%
Free Cash Flow: $164.2M
Current Ratio: 1.93x
Debt/Equity: 0.00x
EPS: $0.31
AI Rating: BUY with 72% confidence
Rush Street Interactive, Inc. (RSI) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.1B, net profit margin of 2.9%, and return on equity (ROE) of 22.6%, Rush Street Interactive, Inc. demonstrates strong fundamentals in the Services sector. Below is our complete RSI stock analysis for 2026.

Is Rush Street Interactive, Inc. (RSI) a Good Investment?

Claude

Rush Street Interactive demonstrates exceptional cash generation ($164.2M FCF on 14.5% margin) with a fortress balance sheet ($336.3M cash, zero debt), providing a strong foundation for a growth-stage online gaming operator. While net income remains flat despite 22.8% revenue growth, the company's high ROE (22.6%), strong operating cash flow ($165M), and minimal capital requirements ($767K capex) indicate effective capital allocation and sustainability.

Why Buy Rush Street Interactive, Inc. Stock? RSI Key Strengths

Claude
  • + Strong revenue growth of 22.8% YoY in expanding online gaming/sports betting market
  • + Exceptional free cash flow generation at 14.5% of revenue ($164.2M) with minimal capex requirements
  • + Fortress balance sheet with $336.3M cash, zero debt, and 1.93x current ratio providing strategic flexibility
  • + High return on equity (22.6%) and strong interest coverage (152.6x) indicating efficient capital deployment
  • + Share buybacks evidenced by 933% EPS growth on flat net income, demonstrating management confidence and shareholder alignment

RSI Stock Risks: Rush Street Interactive, Inc. Investment Risks

Claude
  • ! Net profitability stagnant (+0.0% YoY) despite strong revenue growth, suggesting margin compression or heavy growth investments eroding earnings
  • ! Low net margin (2.9%) and operating margin (7.7%) leave minimal buffer for operational challenges or market disruptions
  • ! Regulatory risk inherent to online gaming/sports betting across multiple state jurisdictions affecting growth trajectory
  • ! Competitive intensity and customer acquisition costs in online gaming may pressure unit economics and free cash flow conversion
  • ! Concentration risk in discretionary consumer spending category vulnerable to economic downturns

Key Metrics to Watch

Claude
  • * Operating expense ratio trend and customer acquisition cost efficiency
  • * State-by-state market penetration and monthly active users (MAU) growth sustainability
  • * Net margin expansion as company matures from growth to profitability phase
  • * Operating cash flow consistency and conversion ratio from net income
  • * Free cash flow allocation decisions between reinvestment, debt reduction, and shareholder returns

Rush Street Interactive, Inc. (RSI) Financial Metrics & Key Ratios

Revenue
$1.1B
Net Income
$33.3M
EPS (Diluted)
$0.31
Free Cash Flow
$164.2M
Total Assets
$658.5M
Cash Position
$336.3M

💡 AI Analyst Insight

Rush Street Interactive, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

RSI Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 7.7%
Net Margin 2.9%
ROE 22.6%
ROA 5.1%
FCF Margin 14.5%

RSI vs Services Sector: How Rush Street Interactive, Inc. Compares

How Rush Street Interactive, Inc. compares to Services sector averages

Net Margin
RSI 2.9%
vs
Sector Avg 10.0%
RSI Sector
ROE
RSI 22.6%
vs
Sector Avg 16.0%
RSI Sector
Current Ratio
RSI 1.9x
vs
Sector Avg 1.5x
RSI Sector
Debt/Equity
RSI 0.0x
vs
Sector Avg 0.7x
RSI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Rush Street Interactive, Inc. Stock Overvalued? RSI Valuation Analysis 2026

Based on fundamental analysis, Rush Street Interactive, Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
22.6%
Sector avg: 16%
Net Profit Margin
2.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Rush Street Interactive, Inc. Balance Sheet: RSI Debt, Cash & Liquidity

Current Ratio
1.93x
Quick Ratio
1.93x
Debt/Equity
0.00x
Debt/Assets
53.9%
Interest Coverage
152.57x
Long-term Debt
N/A

RSI Revenue & Earnings Growth: 5-Year Financial Trend

RSI 5-year financial data: Year 2021: Revenue $488.1M, Net Income $1.1M, EPS $-0.01. Year 2022: Revenue $592.2M, Net Income $1.1M, EPS $-0.01. Year 2023: Revenue $691.2M, Net Income -$19.5M, EPS $-0.51. Year 2024: Revenue $924.1M, Net Income -$38.6M, EPS $-0.61. Year 2025: Revenue $1.1B, Net Income -$18.3M, EPS $-0.27.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Rush Street Interactive, Inc.'s revenue has grown significantly by 132% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.27 indicates the company is currently unprofitable.

RSI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.5%
Free cash flow / Revenue

RSI Quarterly Earnings & Performance

Quarterly financial performance data for Rush Street Interactive, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $232.1M $363.0K $0.00
Q2 2025 $220.4M -$100.0K $0.00
Q1 2025 $217.4M -$727.0K $-0.01
Q3 2024 $169.9M $363.0K $0.00
Q2 2024 $165.1M -$100.0K $0.00
Q1 2024 $162.4M -$727.0K $-0.01
Q3 2023 $148.0M -$4.2M $-0.06
Q2 2023 $143.7M -$5.1M $-0.08

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Rush Street Interactive, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$165.0M
Cash generated from operations
Stock Buybacks
$7.6M
Shares repurchased (TTM)
Capital Expenditures
$767.0K
Investment in assets
Dividends
None
No dividend program

RSI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Rush Street Interactive, Inc. (CIK: 0001793659)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 4 xslF345X06/wk-form4_1775858154.xml View →
Apr 8, 2026 4 xslF345X06/wk-form4_1775687484.xml View →
Apr 8, 2026 4 xslF345X06/wk-form4_1775687352.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775168282.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775168110.xml View →

Frequently Asked Questions about RSI

What is the AI rating for RSI?

Rush Street Interactive, Inc. (RSI) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RSI's key strengths?

Claude: Strong revenue growth of 22.8% YoY in expanding online gaming/sports betting market. Exceptional free cash flow generation at 14.5% of revenue ($164.2M) with minimal capex requirements.

What are the risks of investing in RSI?

Claude: Net profitability stagnant (+0.0% YoY) despite strong revenue growth, suggesting margin compression or heavy growth investments eroding earnings. Low net margin (2.9%) and operating margin (7.7%) leave minimal buffer for operational challenges or market disruptions.

What is RSI's revenue and growth?

Rush Street Interactive, Inc. reported revenue of $1.1B.

Does RSI pay dividends?

Rush Street Interactive, Inc. does not currently pay dividends.

Where can I find RSI SEC filings?

Official SEC filings for Rush Street Interactive, Inc. (CIK: 0001793659) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RSI's EPS?

Rush Street Interactive, Inc. has a diluted EPS of $0.31.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is RSI a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Rush Street Interactive, Inc. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is RSI stock overvalued or undervalued?

Valuation metrics for RSI: ROE of 22.6% (sector avg: 16%), net margin of 2.9% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy RSI stock in 2026?

Our dual AI analysis gives Rush Street Interactive, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RSI's free cash flow?

Rush Street Interactive, Inc.'s operating cash flow is $165.0M, with capital expenditures of $767.0K. FCF margin is 14.5%.

How does RSI compare to other Services stocks?

Vs Services sector averages: Net margin 2.9% (avg: 10%), ROE 22.6% (avg: 16%), current ratio 1.93 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 15, 2026 | Data as of: 2025-12-31 | Powered by Claude AI