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Rumble Q1 2025 Earnings Report
Rumble reported strong first-quarter 2025 results, highlighted by 34% year-over-year revenue growth to $23.7 million, driven by increased subscription revenue and monetization across its video and advertising platforms.
Key Takeaways
Rumble reported a significant increase in revenue for Q1 2025, reaching $23.7 million, up 34% year-over-year. The company also saw a substantial improvement in net loss, reducing it to $2.7 million from $43.3 million in the prior year. MAUs were 59 million, reflecting strong retention post-election.
Revenue for the first quarter increased by 34% year-over-year to $23.7 million.
Net loss for the first quarter significantly improved to $2.7 million from $43.3 million in the prior year.
Average global Monthly Active Users (MAUs) were 59 million, demonstrating 87% retention post-2024 U.S. general election.
Rumble secured a cloud services agreement with the Government of El Salvador and partnered with the Tampa Bay Buccaneers, expanding its cloud business.
Rumble
Rumble
Forward Guidance
The Company continues to manage the business moving materially towards Adjusted EBITDA breakeven in 2025. With the new capital raised from Tether, Rumble has increased optionality to further invest in initiatives that could accelerate and expand its business.
Positive Outlook
- Continued progress towards Adjusted EBITDA breakeven in 2025.
- Increased optionality to invest in initiatives that could accelerate and expand the business due to new capital from Tether.
- Plans to release Rumble Wallet later this year, supporting international expansion.
- Fortified balance sheet providing significant tailwinds for the business.
- Entry into a new era for Rumble with the Tether investment closed.
Challenges Ahead
- The company did not provide specific negative forward guidance.
- Potential impact of economic, business, and/or competitive factors.
- Challenges in maintaining or growing active user base and achieving profitability.
- Risks related to attracting new advertisers or retaining existing ones.
- Uncertainties regarding the success of the cloud business.