Rush Street Interactive, Inc. announced record financial results for the third quarter ended September 30, 2025, on October 29, 2025. The company reported quarterly revenue of $278 million, a 20% increase year-over-year, and a net income of approximately $15 million.
Adjusted EBITDA for the quarter reached $36 million, up 54% year-over-year. This marks the tenth consecutive quarter of sequential revenue growth, driven by record player acquisition and strong player engagement in higher-value markets.
RSI raised its full year 2025 revenue guidance for the second time, now projecting between $1.100 billion and $1.120 billion, representing 20% year-over-year growth at the midpoint of $1.110 billion. Full year Adjusted EBITDA guidance was also increased to between $147 million and $153 million, implying 62% year-over-year growth at the midpoint of $150 million.
The United States and Canada online casino markets demonstrated exceptional performance with 46% year-over-year Monthly Active User (MAU) growth. The company also achieved a record quarter for first-time depositors, surpassing its previous record by over 10% while simultaneously reducing marketing spend compared to the same period last year.
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