Rumble FY25 Revenue Surpasses $100M; Q4FY25 Revenue $27.1M Total

Rumble reported fourth quarter 2025 revenue of $27.1 million, representing a 9% sequential increase from $24.8 million in the third quarter of 2025. On a year-over-year basis, quarterly revenue declined from $30.2 million in the fourth quarter of 2024. The decrease was primarily attributable to lower Audience Monetization revenues, including a $5.5 million reduction in advertising, tipping, and platform hosting fees. This decline was partially offset by a $2.7 million increase in subscription and licensing revenues. Additional pressure came from a $0.4 million decrease in revenues from Other Initiatives, largely reflecting reduced monetization of advertising inventory by the company’s publisher network. For the full year ended December 31, 2025, total revenue reached $100.6 million, compared with $95.5 million in 2024, marking the first time the company surpassed $100 million in annual revenue. 

The company recorded a net loss of $32.7 million for the fourth quarter of 2025, compared with a net loss of $236.8 million in the corresponding period of 2024. The improvement in year-over-year losses was principally linked to a significant derivative fair value adjustment recorded in the prior year. Adjusted EBITDA for the quarter was a loss of $16.0 million, compared with a loss of $13.4 million in the fourth quarter of 2024. Total expenses for the quarter included $25.6 million in cost of services, reflecting a reduction of $8.9 million from the prior year due mainly to lower programming and content costs. General and administrative expenses rose to $9.9 million, driven by higher professional fees, insurance, and administrative services, along with increased payroll costs. Sales and marketing expenses increased to $7.3 million as the company expanded marketing and public relations initiatives.