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EarningsQ2 2026 Earnings Report
RUM Q2 2026 EPS Results
Actual EPS-$0.28
Consensus EPS-$0.09
Beat/MissMissed by -$0.19
One Year Ago EPS-$0.12
RUM Q2 2026 Revenue Results
Actual Revenue$40.37M
Expected Revenue$31.23M
Beat/MissBeat by +$9.14M
YoY Revenue Growth+60.92%
Earnings Announcement Details
QuarterQ2 2026
Date08/10/2026
TimeAfter Close
Conference CallMonday, August 10, 2026
RUM Upcoming Earnings
Rumble's next earnings date is estimated for November 16, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
RUM Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a transformational and growth‑oriented narrative: record revenue growth (61% YoY), a strategic acquisition that materially expanded GPU capacity (~22,000 GPUs) and led to the formation of Quake AI, improved utilization (>85%), a marquee customer contract, formal Q3 guidance ($87M–$93M) and solid liquidity. Offsetting these positives were a substantially wider net loss ($80.3M) driven by one‑time acquisition costs and higher noncash D&A, rising operating expenses, ongoing adjusted EBITDA losses, heavy near‑term CapEx and execution/supply risks to monetize targeted capacity. On balance the highlights—large revenue growth, meaningful strategic assets and clear pathway to much larger AI revenue—materially outweigh the current lowlights tied largely to integration and investment costs and execution risk.Company Guidance
Record Revenue and Strong YoY Growth
Q2 2026 revenue of $40.4 million, up 61% year‑over‑year from $25.1 million in Q2 2025; company called it an all‑time record and expects another record in the upcoming quarter.
Strategic Acquisition and New AI Business Unit
Closed acquisition of Northern Data on June 17, securing ~85.2% of outstanding shares and rebranding as RUM Group; created two business units—Rumble Video and Quake AI—combining video platform with AI/cloud infrastructure.
Substantial GPU Estate and Improved Utilization
Northern Data brings roughly 22,000 NVIDIA H100/H200 GPUs; Quake AI GPU estate running at more than 85% utilization (a sharp increase), improving ability to win large AI customers.
Marquee Customer Win and NVIDIA Supply Validation
Signed a multiyear agreement with Together AI to deploy NVIDIA HGX B300 GPU capacity, demonstrating customer trust and NVIDIA supply allocation to support growth.
Large Capacity Opportunity
Targeting monetization of ~250 megawatts of power by 2027 (including a marquee 180 MW site near Atlanta, ~50 MW in Sweden, ~20 MW in Norway and a smaller Pittsburgh site); management estimates monetizing this capacity could represent a $3 billion+ annual run‑rate opportunity.
User and Advertising Momentum
Average global monthly active users (MAU) of 57 million in Q2 and ARPU of $0.48, which rose 20% quarter‑over‑quarter; $4.8 million of Q2 revenue was related to Tether advertising.
Improved Adjusted EBITDA and Strong Liquidity
Adjusted EBITDA loss improved to $16.6 million (vs. $20.5 million loss in Q2 2025). Ended quarter with total liquidity of $220.5 million (cash and cash equivalents $203.3 million plus 293.14 BTC valued at ~ $17.2 million).
First Formal Guidance and Move to Segment Reporting
Issued first formal revenue guidance for Q3 2026 of $87 million to $93 million (first full quarter reflecting Quake AI) and announced a shift to segment reporting (Rumble Video and Quake AI) beginning Q3 to improve transparency by business unit.
RUM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed