RUMBW - Rumble Inc. Stock Analysis | Stock Taper
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Rumble Inc.

RUMBW

Rumble Inc. NASDAQ
$1.13 13.00% (+0.13)

Market Cap $339.40 M
52w High $2.26
52w Low $1.00
P/E 0
Volume 29.96K
Outstanding Shares 339.40M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $27.07M $12.33M $-32.69M -120.78% $-0.13 $7.05M
Q3-2025 $24.76M $23.8M $-16.26M -65.67% $-0.06 $-12.38M
Q2-2025 $25.08M $25.18M $-30.22M -120.49% $-0.12 $-25.84M
Q1-2025 $23.71M $30.05M $-2.65M -11.18% $-0.01 $-31.39M
Q4-2024 $30.23M $19.92M $-236.75M -783.22% $-1.15 $-19.72M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $237.92M $336.85M $62M $274.84M
Q3-2025 $269.76M $367.17M $64.94M $302.23M
Q2-2025 $283.81M $379.93M $65.7M $314.22M
Q1-2025 $301.29M $391.12M $51.51M $339.61M
Q4-2024 $114.02M $195.31M $258.43M $-63.12M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $22M $-29.43M $-3.16M $748.66K $-31.84M $-31.72M
Q3-2025 $-16.26M $-10.63M $-2.14M $-1.28M $-14.05M $-12.04M
Q2-2025 $-30.22M $-15.88M $-905.63K $-688.17K $-17.48M $-16.79M
Q1-2025 $-2.65M $-14.49M $-19.85M $221.61M $187.27M $-15.24M
Q4-2024 $-236.75M $-12.36M $-4.36M $-45.74K $-16.77M $-12.38M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Audience Monetization Member
Audience Monetization Member
$0 $0 $20.00M $70.00M
Other Initiatives Member
Other Initiatives Member
$0 $0 $0 $10.00M
Single Operating Segment Member
Single Operating Segment Member
$20.00M $30.00M $0 $0

Revenue by Geography

Region Q1-2025Q2-2025Q3-2025Q4-2025
CANADA
CANADA
$0 $0 $0 $0
Other Member
Other Member
$0 $0 $0 $0
UNITED STATES
UNITED STATES
$20.00M $20.00M $20.00M $20.00M

Q2 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Rumble Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Rumble’s main strengths are its strong brand identity, loyal niche user and creator base, and substantial cash reserves with minimal debt. It has reached a meaningful level of revenue, showing that there is real demand for its platform and message. The company is also highly innovative, with a wide array of new products and a bold strategy to expand into AI and GPU cloud infrastructure, which could create new engines of growth. Its balance sheet provides a runway to pursue these initiatives without immediate pressure from creditors.

! Risks

The most significant risks are financial and execution‑related. The business is currently deeply unprofitable, with thin gross margins and very high operating costs, and there is no clear historical trend yet showing consistent improvement. Persistent negative retained earnings highlight a track record of losses. The move into AI and cloud infrastructure, while promising, adds complexity and capital intensity, and pits Rumble against extremely strong, well‑funded competitors. The company’s positioning also exposes it to advertiser concentration risk, reputational swings, regulatory and political scrutiny, and potential volatility if key creators or partners leave the platform. Data anomalies in the reported cash flow and balance sheet figures also underline the need for careful due diligence on the underlying disclosures.

Outlook

The outlook for Rumble is that of a high‑potential, high‑uncertainty story. If the company can successfully scale its audience, improve monetization (especially via its advertising center, Shorts, and international expansion), and leverage its planned AI infrastructure to create new revenue streams, its current investment in technology and content could eventually translate into a more sustainable business model. Conversely, if user and advertiser growth do not keep pace with spending, or if the AI and cloud strategy fails to gain traction, ongoing losses could steadily erode the company’s strong cash position. Future results will hinge on cost discipline, execution of its innovation roadmap, and the ability to broaden its appeal and revenue base while maintaining its differentiated brand.