---
schema_version: "secwatch.filing_event.v1"
accession: "0001793659-23-000040"
form_type: "8-K"
ticker: "RSI"
cik: "0001793659"
company_name: "Rush Street Interactive, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:26:55.634419+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rush Street Interactive Q1 revenue $162.4M (+20% YoY); net loss narrows to $24.5M

## Summary
- Revenue $162.4M, +20% YoY from $134.9M; net loss improved to $24.5M from $52.3M loss.
- Adjusted EBITDA loss narrowed to $8.7M from $43.4M; adjusted ad/promo expense down to $49.4M.
- ARPMAU in US/Canada $325 (+23% YoY); Latin America and new NA markets grew >100% YoY.
- Full-year 2023 revenue guidance unchanged at $630M-$700M; management reaffirms H2 profitability goal.
- Unrestricted cash $147M as of March 31, 2023.

## SEC filing metadata
- accession: 0001793659-23-000040
- form_type: 8-K
- ticker: RSI
- cik: 0001793659
- company_name: Rush Street Interactive, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1793659/000179365923000040/0001793659-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1793659/000179365923000040/rsi-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001793659-23-000040
- JSON: https://secwatch.observer/filing/0001793659-23-000040.json
- Plain text: https://secwatch.observer/filing/0001793659-23-000040.txt

## Key facts
- Earnings Releases
  Rush Street Interactive, Inc. reported first quarter ended March 31, 2023 results: revenue $162.4 million, net income Net loss was $24.5 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $162.4 million
  - Net income: Net loss was $24.5 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- RUSH STREET INTERACTIVE ANNOUNCES FIRST QUARTER 2023 RESULTS - First Quarter Revenue of $162.4 Million, up 20% Year-over-Year - CHICAGO – May 3, 2023 – Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1793659/000179365923000040/0001793659-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.