Rush Street Interactive, Inc. (RSI) experienced a significant pre-market surge of 19.24% on Wednesday, following the release of its fourth quarter and full year 2025 financial results.
The substantial price movement was driven by the company reporting record quarterly revenue of $324.9 million, which exceeded analyst expectations of $306.2 million. Adjusted EBITDA for the quarter reached $44.1 million, surpassing estimates and marking a 44% year-over-year increase. The company also demonstrated strong full-year performance with revenue exceeding guidance and adjusted EBITDA growing 66% to $153.7 million.
Investor sentiment was further bolstered by the company's initiation of 2026 guidance, projecting revenue between $1.375 billion and $1.425 billion and adjusted EBITDA between $210 million and $230 million. Additionally, Citizens upgraded RSI to Outperform from Market Perform with a $24 price target, citing the company's continued positive trajectory.