Quarterly ResultMay 14, 2026, 04:11 PM
Rumble Q1 Revenue $25.5M, up 7%; Northern Data Acquisition on Track
AI Summary
Rumble Inc. announced record first-quarter 2026 revenue of $25.5 million, a 7% increase year-over-year, driven by growth in Audience Monetization. The acquisition of Northern Data AG remains on track for a mid-June 2026 closing, with Rumble having secured approximately 81.3% of outstanding shares. The company also reported strong sequential growth in Monthly Active Users (MAUs) to 56 million, appointed Michael Masci as CFO, launched the Rumble Wallet, and secured an exclusive content distribution agreement with The Dan Bongino Show. Northern Data separately reported Q1 2026 revenue of EUR 43 million and 85% GPU utilization.
Key Highlights
- Northern Data acquisition on track for mid-June 2026 closing; Rumble secured 81.3% of shares.
- Rumble Q1 2026 revenue reached a record $25.5 million, a 7% increase from Q1 2025.
- Average global Monthly Active Users (MAUs) grew 8% sequentially to 56 million in Q1 2026.
- Northern Data reported Q1 2026 revenue of EUR 43 million, with GPU utilization at 85%.
- Rumble's Q1 2026 net loss was $(30.3) million, compared to $(2.7) million in Q1 2025.
- Total liquidity as of March 31, 2026, was $233.4 million, including $219.0 million in cash.
- Cost of services decreased by $3.0 million (10%) to $27.0 million in Q1 2026.
- Sales and marketing expenses increased by $4.9 million (134%) to $8.5 million in Q1 2026.