Rumble 2025 Q2 Earnings Revenue Grows 12%, But Net Loss Widens

Rumble(RUM) reported its fiscal 2025 Q2 earnings on Aug 11th, 2025. The company delivered a 12% year-over-year revenue increase, driven by growth in its core monetization efforts. However, the earnings report did not include revenue guidance or forward-looking EPS targets, and the company's net loss expanded despite improved gross profit. The results reflect a continued focus on aggressive growth over profitability.

Revenue
Rumble's total revenue for Q2 2025 rose 11.6% year-over-year to $25.08 million, with Audience Monetization emerging as the primary revenue driver. This segment accounted for $21.47 million of total revenue, demonstrating the platform’s ability to monetize its large user base. Complementing this, the Other Initiatives segment added $3.62 million to the top line, contributing to the overall growth. Collectively, these streams underscored Rumble’s strategy to diversify income beyond its core offerings.

Earnings/Net Income
Rumble narrowed its per-share loss to $0.12 in Q2 2025 from $0.13 in the prior year, representing a 7.7% improvement. However, the company’s net loss widened to $-30.22 million for the quarter, a 12.9% increase from $-26.78 million in Q2 2024. This trend of sustained losses—now in the fourth consecutive year for the same quarter—highlights the challenges Rumble faces in achieving long-term profitability despite revenue growth.

Price Action
The stock price of Rumble has experienced a downward trend, tumbling 9.58% on the latest trading day, dropping 3.10% during the most recent full trading week, and falling 12.69% month-to-date. These figures suggest ongoing investor skepticism, particularly in light of the company's persistent net losses.

Post-Earnings Price Action Review
The investment strategy of purchasing Rumble shares following its Q2 revenue increase proved highly ineffective over the past three years. Holding for 30 days yielded a compound annual growth rate (CAGR) of -30.94% and an excess return of -112.93%. The maximum drawdown was reported at 0.00%, while the Sharpe ratio of -0.71 underscores the strategy’s high-risk profile and lack of risk-adjusted returns.

CEO Commentary
Christopher Pavlovski, Rumble's CEO, highlighted the company’s strong Q2 performance, including 51 million monthly active users (MAUs) for the eighth consecutive quarter. He noted this as a testament to the platform’s enduring stickiness and user retention, even following the departure of key creator Dan Bongino. The CEO emphasized Rumble's 12% year-over-year revenue increase to $25.1 million, driven by monetization and cloud business expansion. Strategic priorities include aggressive M&A, deepening partnerships with Tether, Cumulus Media, and an unnamed AI firm, and the Q3 launch of Rumble Wallet, which aims to drive creator growth and monetization.

Guidance
While Rumble did not provide explicit forward-looking revenue or EPS guidance, CEO Pavlovski expressed optimism about future advertising growth, CPM increases, and the potential for Rumble Wallet to boost user engagement both domestically and internationally. CFO Brandon Alexandroff reiterated the company’s focus on aggressive growth over breakeven EBITDA, citing $306.4 million in total liquidity as a buffer for expansion.

Additional News
No material M&A activity, C-level changes, or dividend or buyback announcements were reported by Rumble in the three weeks following its Q2 earnings release. The company’s primary focus remains on strategic growth initiatives and expanding monetization channels to drive long-term value creation.