Rumble's Q4 revenue misses estimates, MAUs up 11%

Rum

05/03/2026 21:24

Overview

Freedom-first tech platform's Q4 revenue missed analyst expectations

Company's MAUs grew 11% sequentially, driven by international expansion

Company secured $100 mln advertising commitment from Tether

Outlook

Rumble expects to complete Northern Data acquisition in Q2 2026

Northern Data's GPU utilization expected to reach 85% by end of Q1 2026

Result Drivers

INTERNATIONAL EXPANSION - Rumble's MAUs grew by 11% in Q4 2025, primarily due to initial investments in international markets

SUBSCRIPTION AND LICENSING FEES - Revenue decline was offset by a $2.7 mln increase in subscription and licensing fees

RUMBLE SHORTS LAUNCH - Rumble Shorts achieved over 1 million daily unique video views shortly after launch, enhancing user engagement

Company press release: ID:nGNX6h8mTh

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$27.10 mln
$27.62 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy."

Wall Street's median 12-month price target for Rumble Inc is $10.00, about 80.2% above its March 4 closing price of $5.55

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)