RU

Rumble Inc. Class A Common Stock Earnings Recaps

RUM Information Technology 3 recaps
Next earnings: November 9, 2026 (estimated) · full calendar
Q2 2026 Aug 14, 2026

RUM Group's 61% revenue surge and successful integration of Northern Data drove an 8.4% stock gain, reflecting investor confidence in the company's evolving AI infrastructure platform and expanding monetization avenues.

Key takeaways
  • Q2 revenue reached $40.4 million, up 61% from $25.1 million year-over-year, fueled by the acquisition of Northern Data and growth in both Video and Quake AI segments.
  • Quake AI's GPU utilization exceeded 85%, underpinning a multiyear agreement with Together AI to deploy advanced NVIDIA HGX B300 GPU capacity.
  • Video business reported 57 million average monthly active users and a 20% sequential increase in ARPU to $0.48, with management exploring new revenue streams from AI-related video data monetization.
  • Adjusted EBITDA loss narrowed to $16.6 million from $20.5 million year-over-year, reflecting operational improvements despite higher expenses related to Northern Data and strategic investments in AI growth.
  • Reported net loss expanded to $80.3 million, mainly driven by acquisition-related costs, signaling ongoing investment ahead of anticipated large-scale deployments in 2027.
Full recap
Q1 2026 May 16, 2026

Rumble’s shares fell sharply by 11.8% following disappointing investor reaction to cautious near-term outlook and margin pressure amid ongoing investments for the Northern Data acquisition and Cloud transition.

Key takeaways
  • The acquisition of Northern Data, which will transform Rumble into a Cloud and Agentic AI infrastructure company, remains on track to close this quarter with 81% of shares secured and regulatory approvals completed.
  • Cloud business shows promise with expanding GPU-as-a-Service pipeline and CPU-as-a-Service investments, but these remain early-stage and capital-intensive, pressuring margins.
  • Video platform monthly active users (MAUs) grew sequentially to 56 million aided by Rumble Shorts, yet the latter’s current lack of monetization dragged down ARPU.
  • Rumble Wallet launched in partnership with Tether, supported by a $100 million advertising commitment, but significant scaling is planned for the latter half of the year.
  • Management emphasized long-term strategic potential, but near-term revenue ramp and profitability remain uncertain, likely underpinning the negative market reaction.
Full recap
Q2 2025 Aug 11, 2025

Rumble Inc. demonstrated strong performance in Q2 2025, with revenue growth of 12% year-over-year and successful user retention, while announcing plans to acquire AI firm Northern Data to enhance its technological ecosystem.

Key takeaways
  • Maintained 51 million Monthly Active Users (MAUs), marking the eighth consecutive quarter above 50 million.
  • Revenue increased to $25.1 million, reflecting a 12% year-over-year rise and sequential growth.
  • Strategic partnerships established with Cumulus Media and a leading AI company, enhancing ad opportunities and tech integration.
  • Announced plans for the Rumble Wallet launch in Q3 2025, aimed at facilitating cryptocurrency tipping for creators.
  • Positive feedback received from Tether regarding the potential acquisition of Northern Data, aligning with Rumble's strategic M&A focus.
Full recap

Go deeper on RUM and the wider market.

All earnings recaps Browse the latest results across the market. Stock directory Browse companies by sector and market. Highest-yield stocks A curated screen of top dividend payers. Investing glossary Plain-English definitions for every metric.