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Jun 30, 2025
Rumble Q2 2025 Earnings Report
Rumble reported Q2 2025 results with 12% revenue growth to $25.1M but a net loss of $30.2M, with improved adjusted EBITDA loss year over year.
Key Takeaways
Rumble grew revenue to $25.1M in Q2 2025, driven by higher subscription and licensing revenues, while MAUs fell to 51M. The company posted a $30.2M net loss but saw an $8.2M year-over-year improvement in adjusted EBITDA loss.
Revenue increased 12% year-over-year to $25.1M.
Net loss widened slightly to $30.2M from $26.8M in Q2 2024.
Adjusted EBITDA loss improved to $20.5M from $28.7M a year ago.
MAUs were 51M, down from 59M in Q1 2025.
Forward Guidance
Management signaled aggressive growth plans fueled by strategic partnerships and the upcoming launch of Rumble Wallet, alongside expansion in cloud and AI services.
Positive Outlook
- Launch of Rumble Wallet expected in Q3 2025.
- Strategic partnership with MoonPay for crypto transactions.
- Collaboration with Cumulus Media to expand podcast and video reach.
- Expansion of cloud services through partnerships with NFL and TRON DAO.
- Confidence in surpassing big tech peers in the long term.
Challenges Ahead
- Declining MAUs outside U.S. election cycles.
- Continued net losses despite revenue growth.
- Decrease in advertising revenue by $3.7M year-over-year.
- Increased general and administrative costs.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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