Rumble Inc. (RUM) Income Statement
RUM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRUM revenue and net income
Where RUM's revenue goes
2025Each bar shows an amount and its share of revenue. RUM kept −81.3% of revenue as net income.
RUM profit margins
RUM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.4% | +36.7% | +85.7% | — |
| Gross profit | — | — | +50.5% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RUM quarterly EPS vs estimates
Rumble beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.15).
RUM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $100.6M | $95.5M | $81.0M | $39.4M | $9.5M | $4.6M | $3.4M |
| Cost of revenue | $86.4M | $120.1M | $146.2M | $43.7M | $7.8M | $2.7M | $1.8M |
| Gross profit | $14.2M | −$24.6M | −$65.2M | −$4.4M | $1.7M | $1.8M | $1.6M |
| Research & development | $18.7M | $18.9M | $15.7M | $6.3M | $1.6M | $583,707 | $581,689 |
| Sales, general & admin | $72.6M | $54.0M | $50.6M | $22.2M | $7.5M | $2.4M | $1.3M |
| Total operating expenses | $91.4M | $72.9M | $70.4M | $31.2M | $12.2M | $3.1M | $1.9M |
| Operating income | −$77.1M | −$130.9M | −$135.5M | −$35.6M | −$10.5M | −$1.3M | −$332,895 |
| Interest income | $10.4M | $8.1M | $15.5M | $3.0M | $16,443 | — | — |
| Interest expense | — | — | — | $1.1M | $2.9M | $116,140 | $144,056 |
| Income before taxes | −$81.8M | −$340.4M | −$119.7M | −$11.6M | −$13.5M | −$1.3M | −$395,088 |
| Income taxes | $67,228 | −$2.0M | −$3.3M | −$215,428 | −$127,884 | −$1,604 | −$33,167 |
| Net income | −$81.8M | −$338.4M | −$116.4M | −$11.4M | −$13.4M | −$1.3M | −$361,921 |
| EBITDA | −$67.2M | −$115.9M | −$131.5M | −$32.4M | −$10.4M | −$1.2M | −$290,716 |
| EPS (diluted) | −$0.32 | −$1.64 | −$0.52 | −$0.87 | −$0.78 | −$0.01 | — |
| Gross margin | 14.2% | −25.7% | −80.5% | −11.1% | 17.5% | 40.5% | 46.7% |
| Operating margin | −76.7% | −137.0% | −167.4% | −90.4% | −111.1% | −27.7% | −9.9% |
| Net margin | −81.3% | −354.4% | −143.8% | −29.0% | −141.7% | −27.6% | −10.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.4M | $25.5M | $27.1M | $24.8M | $25.1M | $23.7M | $30.2M | $25.1M | $22.5M | $17.7M | $20.4M | $18.0M |
| Cost of revenue | $32.0M | $31.0M | $699,207 | $29.1M | $26.5M | $30.0M | $34.5M | $36.4M | $35.7M | $31.8M | $39.5M | $39.8M |
| Gross profit | $8.4M | −$5.5M | $26.4M | −$4.3M | −$1.5M | −$6.3M | −$4.3M | −$11.4M | −$13.2M | −$14.1M | −$19.1M | −$21.8M |
| Research & development | $8.0M | $5.7M | $4.7M | $4.5M | $4.8M | $4.8M | $4.4M | $4.7M | $5.3M | $4.5M | $3.6M | $5.1M |
| Sales, general & admin | $27.6M | $18.9M | $9.9M | $15.6M | $19.6M | $20.3M | $11.0M | $13.7M | $16.7M | $12.6M | $12.6M | $12.6M |
| Total operating expenses | $79.2M | $24.7M | $12.3M | $23.8M | $25.2M | $30.1M | $19.9M | $21.4M | $25.6M | $20.9M | $18.1M | $18.4M |
| Operating income | −$70.8M | −$30.2M | $14.0M | −$28.1M | −$26.6M | −$36.4M | −$24.2M | −$32.8M | −$38.8M | −$35.0M | −$37.2M | −$40.2M |
| Interest income | $742,622 | $1.9M | $2.4M | $2.9M | $2.9M | $2.2M | $1.4M | $1.9M | $2.2M | $2.5M | $5.0M | $3.6M |
| Interest expense | — | — | — | — | — | — | $8.1M | — | — | — | $9.1M | — |
| Income before taxes | −$80.7M | −$30.2M | −$32.7M | −$16.3M | −$30.2M | −$2.6M | −$238.8M | −$31.6M | −$26.6M | −$43.3M | −$32.6M | −$29.0M |
| Income taxes | $188,147 | $22,991 | $35,918 | — | — | $31,310 | −$2.0M | −$85,157 | $151,625 | −$153 | −$3.3M | $16,126 |
| Net income | −$79.1M | −$30.3M | −$32.7M | −$16.3M | −$30.2M | −$2.7M | −$33.8M | −$31.5M | −$26.8M | −$43.3M | −$29.3M | −$29.0M |
| EBITDA | −$64.5M | −$26.3M | $7.0M | −$12.4M | −$25.8M | −$31.4M | −$19.7M | −$28.5M | −$35.2M | −$31.2M | −$35.6M | −$39.8M |
| EPS (diluted) | −$0.15 | −$0.12 | −$0.13 | −$0.06 | −$0.12 | −$0.01 | −$1.15 | −$0.15 | −$0.13 | −$0.21 | −$0.14 | −$0.12 |
| Gross margin | 20.8% | −21.7% | 97.4% | −17.5% | −5.8% | −26.7% | −14.2% | −45.4% | −58.8% | −79.5% | −93.9% | −121.1% |
| Operating margin | −175.3% | −118.6% | 51.9% | −113.6% | −106.2% | −153.5% | −80.1% | −131.0% | −172.7% | −197.4% | −182.5% | −223.6% |
| Net margin | −196.1% | −118.9% | −120.8% | −65.7% | −120.5% | −11.2% | −111.9% | −125.9% | −119.2% | −244.1% | −143.6% | −161.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RUM's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RUM financial results
In fiscal year 2025 (ended December 31, 2025), Rumble reported revenue of $100.6 million, up 5.4% from the year before. It had a net loss of $81.8 million, a net profit margin of −81.3%. Diluted earnings per share came to −$0.32. Over five years revenue grew at an average rate of 85.7% a year.
See the RUM stock overview for the latest quote and news, or the RUM chart for price history and technical indicators.
RUM income statement FAQ
What is Rumble's annual revenue?
Rumble reported total revenue of $100.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.4% from $95.5 million the previous year.
Is Rumble profitable?
No. Rumble reported a net loss of $81.8 million in fiscal 2025, a net profit margin of −81.3%; its operating margin was −76.7%.
What is Rumble's gross margin?
Rumble's gross margin was 14.2% in fiscal 2025: for every $100 of revenue, Rumble kept $14 after the direct cost of its products and services.
How much does Rumble spend on research and development?
Rumble spent $18.7 million on research and development in fiscal 2025, 18.6% of revenue.
How fast is Rumble growing?
Revenue grew 85.7% a year on average over the last five fiscal years, from $4.6 million to $100.6 million.
What are Rumble's earnings per share?
Rumble earned $-0.32 per diluted share in fiscal 2025, compared with $-1.64 a year earlier.
When will Rumble report its next earnings?
Rumble is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does Rumble's fiscal year end?
Rumble's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.