Rush Street Interactive Rips Higher on Upped 2026 Guidance
Posted on: April 28, 2026, 06:34h.
Last updated on: April 28, 2026, 06:34h.
- The company raised its 2026 revenue outlook to $1.49 billion to $1.54 billion
- It now expects EBITDA of $230 million to $250 million
- RSI also easily beat first-quarter estimates
Shares of Rush Street Interactive (NYSE: RSI) surged by nearly 20% in after-hours trading today after the company gaming reported first-quarter results that easily beat Wall Street forecasts while boosting its 2026 financial outlook.
The Chicago-based iGaming operator now expects 2026 revenue of $1.49 billion to $1.54 billion, implying growth of growth of 31% to 36%, on earnings before interest, taxes, depreciation and amortization (EBITDA) of $230 million to $250 million. That EBITDA outlook implies an increase of 50% to 63%.
These guidance ranges reflect our confidence in the underlying strength of our business, while incorporating prudent assumptions about market maturation and competitive dynamics,” according to a statement issued by the company.
RSI added its 2026 outlook includes only the jurisdictions in which it is live and the expected launch of iGaming in Alberta, Canada in July.
Rush Street Proving to Be Prediction Markets Antidote
Prior to today’s after-hours pop, Rush Street Interactive stock was up 96.08% over the past 12 months, making it one of the best-performing gaming names over that span.
That rally also confirms that while investors have been spooked about the increasing competitive posed to sportsbooks operators by prediction markets, Rush Street offers protection from that trend because it’s more of an iGaming-centric operator.
That thesis is cemented not only by share price appreciation, but also by RSI’s surging monthly average user (MAU) growth. In the first three months of 2026, the gaming company notched MAU growth of 62% and that was after a fourth-quarter jump of 51%.
CEO Richard Schwartz said RSI “also achieved record first-time depositors this quarter while maintaining disciplined marketing spend.”
While prediction markets weren’t directly mentioned in the press release, a strong case can be made that RSI wouldn’t have realized that MAU growth and wouldn’t be lifting 2026 guidance if it was under duress from yes/no exchanges.
RSI Q1 Recap
Forward-looking guidance is what analysts and investors pay attention to, but not to be lost in the shuffle are Rush Street’s impressive first-quarter numbers. The gaming company posted record revenue of $370.4 million, good for a year-over-year increase of 41%, while EBITDA surged 81% to $60.2 million, also a record.
The company also posted net income of $26.2 million, also good for an all-time high while representing a 134% year-over-year increase. Earnings per share of 14 cents beat Wall Street estimates by two cents while RSI’s revenue topped the consensus forecast by $39.57 million.
“MAUs in North America were approximately 296,000, an increase of 46% year-over-year, driven by 62% year-over-year growth in online casino markets,” the company added in the statement. “MAUs in Latin America (which includes Mexico) were approximately 543,000, an increase of 54% year-over-year.”
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