Rumble Q1 revenue rises 7% on user growth

Rum

14/05/2026 21:23

Overview

U.S. digital media platform's Q1 revenue grew 7% yr/yr

Company saw strong sequential MAU growth, driven by Rumble Shorts and international expansion

Exchange offer for Northern Data remains on track, closing expected mid-June 2026

Outlook

Company expects to close Northern Data acquisition in mid-June 2026

Northern Data confirms FY 2026 revenue outlook of EUR 130 mln to EUR 150 mln

Company believes combined entity would have generated about $75 mln in Q1 2026 revenue on a pro forma basis

Result Drivers

AUDIENCE MONETIZATION - Revenue growth was driven by higher subscription revenue, increased advertising revenue, and more licensing and tipping fees

USER GROWTH - Sequential MAU growth attributed to Rumble Shorts and international expansion

OTHER INITIATIVES DECLINE - Revenue from Other Initiatives fell due to lower advertising inventory monetized by the publisher network

Company press release: ID:nGNXj76hp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$25.50 mln
$25.98 mln (2 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 $16.00, about 92.3% above its May 13 closing price of $8.32

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.)