NASDAQ$RUM

Rumble Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Rumble reported modest revenue growth sequentially in Q4 2025 while significantly reducing its net loss year over year as user engagement continued to increase.

Rumble generated $27.07M in Q4 revenue with MAUs reaching 52 million and ARPU at $0.46. The company reported a net loss of $32.69M while investing heavily in advertising, infrastructure, and platform growth.

  • Revenue reached $27.07M in Q4 2025.
  • Monthly active users increased to 52 million, up 11% sequentially.
  • Net loss narrowed significantly versus the prior year quarter.
  • ARPU improved slightly to $0.46 as monetization efforts continued.

Headline financials

Total Revenue

$27.1M

Previous: $30.2M-10.5%
EPS (adj)

-$0.13

Previous: -$0.10-30.0%
Adjusted EBITDA Loss

-$16M

No prior period
Average Revenue Per User

$0.46

No prior period
Monthly Active Users

52.0M

No prior period
Net Income

-$32.7M

Previous: -$237M+86.2%
Operating Income

-$35.5M

Previous: -$24.2M-46.5%

Revenue & EPS history

Rumble · Revenue · Quarterly

$27.1M

Q4 2025-10.5%vs Q4 2024
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

Forward guidance

Rumble is focusing on expanding monetization, advertising infrastructure, and AI cloud capabilities through strategic partnerships and acquisitions.

Tailwinds

  • A $100000000 advertising commitment from Tether beginning in Q1 2026.
  • Planned acquisition of AI infrastructure company Northern Data.
  • Expansion of Rumble Cloud with approximately 22400 NVIDIA GPUs.
  • Rumble Shorts surpassed 1000000 daily unique video views shortly after launch.
  • Partnership with Perplexity to enhance video discovery and subscriptions.

Headwinds

  • The company continues to report significant operating losses.
  • Advertising monetization remains underdeveloped relative to the user base.
  • High marketing and platform investment expenses continue to pressure margins.
  • Execution risk related to the Northern Data acquisition.
  • User growth may not translate quickly into meaningful ARPU expansion.

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 Q4 2025

Historical avgQ4 2025

-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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