Overview

• Rumble Q3 2025 revenue of $24.8 mln missed analyst expectations

• Net loss for Q3 2025 reduced to $16.3 mln from $31.5 mln in 2024

• Company announced strategic partnerships with Cumulus Media and Perplexity AI

Outlook

• Company did not provide specific financial guidance for future periods

Result Drivers

• MAU DECLINE - MAUs decreased to 47 mln due to slowdown in news and political commentary outside U.S. election cycle and seasonal content production slowdown

• ARPU INCREASE - ARPU rose 7% to $0.45 due to higher monetization of fewer MAUs

• REVENUE DECLINE - Revenue fell slightly due to $4.9 mln drop in advertising, offset by $3.7 mln rise in subscription fees

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the online services peer group is "buy."

• Wall Street's median 12-month price target for Rumble Inc is $10.00, about 41.1% above its November 7 closing price of $5.89

Press Release: ID:nGNX6MpYt8

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)