Quarterly ResultMay 14, 2026, 04:19 PM
Rumble Q1 Revenue $25.46M; Net Loss $(30.27M)
AI Summary
Rumble Inc. reported Q1 2026 revenue of $25.46 million, an increase from $23.71 million in Q1 2025. However, the company's net loss significantly widened to $(30.27) million, or $(0.12) per share, compared to a net loss of $(2.65) million, or $(0.01) per share, in the prior year period. The filing also highlights a proposed business combination with Northern Data AG and details various operational and financial risks.
Key Highlights
- Rumble Q1 2026 revenue increased to $25,459,796 from $23,706,790 in Q1 2025.
- Net loss for Q1 2026 significantly widened to $(30,270,370) from $(2,650,193) in Q1 2025.
- Loss per share (basic and diluted) was $(0.12) in Q1 2026, compared to $(0.01) in Q1 2025.
- Total expenses for Q1 2026 rose to $64,556,618 from $60,090,059 in Q1 2025.
- Acquisition-related transaction costs were $4,847,007 in Q1 2026, up from $0 in Q1 2025.
- Cash and cash equivalents decreased to $219,042,502 as of March 31, 2026, from $237,919,453 as of December 31, 2025.
- Digital assets (Bitcoin) fair value decreased to $14,384,759 as of March 31, 2026, from $18,450,362 as of December 31, 2025.
- Share-based compensation expense was $5,234,117 in Q1 2026, down from $8,684,803 in Q1 2025.
Price Impact
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