By Connor Hart

Shares of Rush Street Interactive gained after the company logged higher profit and revenue in the fourth quarter, boosted by a growing user base, and issued an upbeat outlook for the coming year.

The stock climbed 21%, to $20.43, in premarket trading Wednesday. Through Tuesday's close, shares are up 9.3% over the past year.

The online casino and sports-betting company late Tuesday posted a profit of $5.2 million, or 5 cents a share, compared with $2 million, or 2 cents a share, a year earlier.

Stripping out certain one-time costs, earnings were 8 cents a share. Analysts polled by FactSet were looking for adjusted earnings of 10 cents a share.

Revenue rose 28% to $324.9 million, topping the $305.6 million that Wall Street had modeled.

Total monthly active users in the U.S. and Canada jumped 37% from last year, to over 278,000. Average revenue per monthly active user came in at $331.

Chief Executive Richard Schwartz said that monthly active users grew at the second-fastest rate in over four years during the recent quarter. He added that the increased user base helped boost profitability and revenue.

"Looking ahead to 2026, we have tremendous confidence in our growth trajectory and our ability to continue executing on our strategy," Schwartz said.

For the year, Rush Street guided for adjusted Ebitda--or earnings before interest, taxes, depreciation and amortization--of $210 million to $230 million, as well as revenue of $1.38 billion and $1.43 billion.

Analysts expect adjusted Ebitda of $212 million and revenue of $1.32 billion.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

February 18, 2026 06:29 ET (11:29 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.