NASDAQ$RUM

Rumble Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Rumble's revenue increased by 64% year-over-year, reaching $18.0 million, with 58 million average monthly active users.

Rumble Inc. reported a 64% year-over-year increase in revenue for Q3 2023, reaching $18.0 million. The increase was attributed to growth in advertising revenue and licensing and other revenue. The company had 58 million average monthly active users.

  • Revenue increased by 64% year-over-year to $18.0 million.
  • Advertising revenue increased by $2.3 million due to higher consumption and new advertising solutions.
  • Licensing and other revenue increased by $4.7 million driven by subscriptions and content licensing.
  • Average Monthly Active Users reached 58 million.

Headline financials

Total Revenue

$18M

Previous: $11M+63.7%
EPS (adj)

-$0.14

Previous: -$0.01-1300.0%
Capital Expenditures

-$11M

Previous: -$6.33M-73.9%
Free Cash Flow

-$40M

Previous: $4.13M-1069.7%
Net Income

-$29M

Previous: $10.5M-377.5%
Operating Income

-$40.2M

Previous: -$7.79M-416.4%
Gross Profit

$17.8M

Previous: $3.49M+408.4%
Cash & Equivalents

$266M

Previous: $357M-25.5%
Total Assets

$331M

Previous: $380M-12.7%
R&D Expense

$5.11M

No prior period
Stock-Based Comp

$5.52M

Previous: $208K+2553.8%

Revenue & EPS history

Rumble · Revenue · Quarterly

$18M

Q3 2023+63.7%vs Q3 2022
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Revenue by segment

Rumble · $25.5M total across 2 segments · Q1 2026

  • Audience Monetization
    $22.5M
  • Other Initiatives
    $2.93M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

-0.3%

Avg return

Earnings day

-2.7%

Avg return

5 days after

-1.2%

Avg return

30 days after

58%

11 / 19 earnings

Positive

+19.8%

Q1 2025

Best reaction

-14.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-14.9%
Q4 2025-12.8%-0.5%-11.2%
Q3 2025+10.9%-4.2%+22.9%
Q2 2025+2.8%+0.3%-4.7%
Q1 2025+19.8%+33.0%+18.4%
Q4 2024+0.0%-9.6%+2.9%
Q3 2024-14.4%-22.2%+13.3%
Q2 2024+3.8%+7.7%-11.3%
Q1 2024+2.7%+5.7%-17.5%
Q4 2023-5.8%-15.9%-24.2%
Q3 2023-4.1%+7.9%+0.9%
Q2 2023+0.2%-14.6%-14.7%
Q1 2023+0.8%-2.1%+0.4%
Q4 2022+0.5%-0.3%-14.3%
Q3 2022-9.7%-22.8%-38.3%
Q2 2022-0.6%-1.1%+35.8%
Q1 2022+0.2%+1.4%-7.6%
Q4 2021+1.0%+1.3%-0.8%
Q3 2021+0.3%+0.1%+28.2%

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