Rumble Inc
Rumble Inc operates as a video-sharing platform that enables users to upload, share, and monetize video content, generating revenue primarily through advertising and subscription services.
Business. Rumble Inc (RUM.O) is a technology company operating in the online services industry, primarily generating revenue through advertising. The firm is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol RUM. Specific details regarding operating segments and geographic revenue breakdowns are not disclosed in the available data.
Analyst recommendations
3 analysts · consensus HoldAt a glance
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News & coverage
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- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Rumble Inc (RUM.O) is a technology company operating in the online services industry, primarily generating revenue through advertising. The firm is headquartered in the United States and is listed on the New York Stock Exchange under the ticker symbol RUM. Specific details regarding operating segments and geographic revenue breakdowns are not disclosed in the available data.
Rumble Inc maintains a strong liquidity position, with $230.3 million in cash and equivalents, representing 68.3% of total assets, and a current ratio of 5.84, indicating robust short-term financial health. The company is entirely equity-funded, with no long-term debt, and a debt-to-equity ratio of 0.0, which aligns with a conservative capital structure. However, the company reported negative operating cash flow of $70.4 million and free cash flow of $74.2 million, reflecting ongoing operational losses and limited cash generation.
Profitability metrics are weak, with a net loss of $81.8 million and an operating loss of $126.7 million in the latest period. Return on equity (ROE) is -29.8%, and return on assets (ROA) is -24.3%, both significantly below industry norms for online services, which typically require positive returns to sustain growth and reinvestment. Gross profit is also negative at -$6.8 million, indicating that the company is struggling to cover the cost of content delivery and platform operations.
Geographically, Rumble Inc's revenue is not disclosed by region in the latest financials, but the company's primary operations are based in the United States. The lack of geographic diversification could expose the company to regulatory and market-specific risks, particularly in the U.S. where content moderation and platform liability laws are evolving.
Looking ahead, the company is expected to continue experiencing losses, with no clear path to profitability in the near term. Analysts have assigned a mean price target of $16.00, implying a 98.5% upside from the current market price of $8.06, but the absence of strong buy ratings and the presence of two hold ratings suggest cautious investor sentiment. The company's growth trajectory remains speculative, with no disclosed revenue growth in the latest period and no guidance for the next fiscal year.
Risk factors include the company's reliance on a single business model (advertising and subscriptions) and the potential for regulatory scrutiny in the online services industry. The risk assessment indicates low liquidity and dilution risk, but the company's negative cash flows and high price-to-book ratio of 9.95 suggest valuation concerns. No immediate dilution pressures are identified, but the company's equity financing history and high market cap relative to tangible assets could lead to future share issuance.
Recent events include the continued expansion of the platform's content offerings and the introduction of new monetization tools for creators. The company has also faced legal challenges related to content moderation and user-generated content policies, which could impact its long-term growth and regulatory compliance.
- Rumble Inc has strong liquidity but is not generating positive cash flows, with a current ratio of 5.84 and $230.3 million in cash and equivalents.
- The company is unprofitable, with a net loss of $81.8 million and an operating loss of $126.7 million, and ROE of -29.8%.
- Analysts have a cautiously optimistic outlook, with a mean price target of $16.00, but no strong buy ratings have been issued.
- The company is entirely equity-funded, with no long-term debt, and a debt-to-equity ratio of 0.0.
- Rumble Inc's business model is concentrated in advertising and subscriptions, with no disclosed geographic diversification.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,33 |
| Revenue | —no estimate | —no estimate | 308,8M USD |
| Operating income | —no estimate | —no estimate | -119,0M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- 10% owner · Pre-Funded Warrant → Class A Common StockAcquired 46 719 910 @ $0,00other · 2026-06-18
- 10% owner · Pre-Funded Warrant → Class A Common StockAcquired 51 544 399 @ $0,00other · 2026-06-17
- 10% owner · Pre-Funded Warrant → Class A Common StockAcquired 4 599 365 @ $0,00purchase · 2026-06-17
- Chief Financial Officer · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 452 866 @ $5,01grant · 2026-04-01
- Chief Financial Officer · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 878 596 @ $5,01grant · 2026-04-01
- Gen. Counsel & Corp. Secy. · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 435 204 @ $5,23grant · 2026-03-10
- Director, Chief Executive Officer, 10% owner · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 1 115 559 @ $5,23grant · 2026-03-10
- Chief Financial Officer · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 220 670 @ $5,23grant · 2026-03-10
- Chief Content Officer · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 198 603 @ $5,23grant · 2026-03-10
- Chief Technology Officer · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 435 447 @ $5,23grant · 2026-03-10
- Chief Operating Officer · Stock Option (Right to Buy) → Class A Common Stock, par value $0.0001 per shareAcquired 435 447 @ $5,23grant · 2026-03-10
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
- Rumble Inc Market data — financials · 2026-05-29
- Rumble Inc Market data — analyst estimates · 2026-05-29
- Rumble Inc Market data — ESG · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$11M
- Investment Managers · as of 2026-03-310,00 %$14M
- Investment Managers · as of 2025-12-310,00 %$56M
- Institutional Investor · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$5M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2024-06-300,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Christopher PavlovskiChairman of the Board, Chief Executive Officer
Insider activity
- 10% owner · Class A Common Stock, par value $0.0001 per shareOther 36 703 354 · 2026-06-17
- Director · Class A Common Stock, par value $0.0001 per shareOther 44 518 · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 16 786 @ $7,54$127K · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 45 041 · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 20 257 @ $7,54$153K · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 33 519 · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 13 877 @ $7,54$105K · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 33 519 · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 14 964 @ $7,54$113K · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 33 519 · 2026-06-12
- Director · Class A Common Stock, par value $0.0001 per shareOther 6 819 @ $7,54$51K · 2026-06-12
- Chief Technology Officer · Class A Common Stock, par value $0.0001 per shareOther 12 426 @ $4,98$62K · 2026-04-02
- Chief Content Officer · Class A Common Stock, par value $0.0001 per shareOther 4 133 @ $4,98$21K · 2026-04-02
- Director · Class A Common Stock, par value $0.0001 per shareOther 12 530 @ $4,98$62K · 2026-04-02
- Chief Operating Officer · Class A Common Stock, par value $0.0001 per shareOther 12 426 @ $4,98$62K · 2026-04-02
- Director, Chief Executive Officer, 10% owner · Class A Common Stock, par value $0.0001 per shareOther 32 100 @ $4,98$160K · 2026-04-02
- Director · Class A Common Stock, par value $0.0001 per shareOther 16 541 @ $4,98$82K · 2026-04-02
- Chief Financial Officer · Class A Common Stock, par value $0.0001 per shareOther 228 591 · 2026-04-01
- Chief Financial Officer · Class A Common Stock, par value $0.0001 per shareOther 99 800 · 2026-04-01
- Gen. Counsel & Corp. Secy. · Class A Common Stock, par value $0.0001 per shareOther 350 201 · 2026-03-10
- Director, Chief Executive Officer, 10% owner · Class A Common Stock, par value $0.0001 per shareOther 241 784 · 2026-03-10
- Chief Financial Officer · Class A Common Stock, par value $0.0001 per shareOther 47 827 · 2026-03-10
- Chief Content Officer · Class A Common Stock, par value $0.0001 per shareOther 43 045 · 2026-03-10
- Chief Technology Officer · Class A Common Stock, par value $0.0001 per shareOther 95 655 · 2026-03-10
- Chief Operating Officer · Class A Common Stock, par value $0.0001 per shareOther 95 655 · 2026-03-10
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -76.0%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 3.2%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): -0.9%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 5.4%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 535.5%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 72.5%Derived (calculated)
- Net margin (FY 2025-12-31): -81.3%Derived (calculated)
- Return on equity (FY 2025-12-31): -29.8%Derived (calculated)
- Return on assets (FY 2025-12-31): -24.3%Derived (calculated)
- Current ratio (FY 2025-12-31): 5.84xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.23xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 52.1%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 108.7%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -22.5%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 80.7%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 80.7%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 75.8%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 19.1%Derived (calculated)
- Shareholders' equity (annual): USD 274.84MSEC XBRL filing
- Revenue (annual): USD 100.62MSEC XBRL filing
- Cost of revenue (annual): USD 107.38MSEC XBRL filing
- Operating income (annual): USD -126.65MSEC XBRL filing
- Operating cash flow (annual): USD -70.43MSEC XBRL filing
- Total assets (annual): USD 336.85MSEC XBRL filing