Rumble rose 9 percent on earnings day—but the numbers behind it were mixed.
The facts: RUM Group reported Q3 2026 on Nov. 11 (official GlobeNewswire release): revenue of US$96.6 million, up 290 percent YoY and beating estimates by about US$7.9 million (Seeking Alpha). But GAAP EPS was negative US$0.19, missing expectations by US$0.07. Quake AI—the AI cloud business acquired from Northern Data—contributed US$68.2 million, more than 70 percent of total revenue, in its first full quarter. This was the first profitable quarter in the company’s history based on adjusted EBITDA (US$4.4 million). Q4 guidance: US$88–94 million, below Q3. RUM shares rose about 9.2 percent to US$5.58 in regular trading (Finnhub, 10:26 ET), from the previous close of US$5.11. The company held 94.68 BTC as of Sep. 30.
Market context: Nasdaq-100 futures briefly rebounded 1.7 percent this morning after CoreWeave beat estimates (CoinDesk), so RUM wasn’t rising alone—but its gain was larger than the index’s.
What I’m watching: the 10:00 ET (22:00 WIB) conference call—clarity on Quake AI demand and Q4 guidance, which is lower than Q3; and whether today’s gain holds through the close.
My take: its AI revenue is real and now dominant—with 70 percent of revenue from AI cloud, the company’s identity is shifting from video platform. But EPS is still in the red and Q4 guidance is down from Q3, so I read this 9 percent gain more as relief over the revenue beat than as full confidence.
Do you think Rumble is now better valued as an AI company or a video platform?
This is my analysis, not financial advice—always DYOR.
#Rumble #USStocks
The facts: RUM Group reported Q3 2026 on Nov. 11 (official GlobeNewswire release): revenue of US$96.6 million, up 290 percent YoY and beating estimates by about US$7.9 million (Seeking Alpha). But GAAP EPS was negative US$0.19, missing expectations by US$0.07. Quake AI—the AI cloud business acquired from Northern Data—contributed US$68.2 million, more than 70 percent of total revenue, in its first full quarter. This was the first profitable quarter in the company’s history based on adjusted EBITDA (US$4.4 million). Q4 guidance: US$88–94 million, below Q3. RUM shares rose about 9.2 percent to US$5.58 in regular trading (Finnhub, 10:26 ET), from the previous close of US$5.11. The company held 94.68 BTC as of Sep. 30.
Market context: Nasdaq-100 futures briefly rebounded 1.7 percent this morning after CoreWeave beat estimates (CoinDesk), so RUM wasn’t rising alone—but its gain was larger than the index’s.
What I’m watching: the 10:00 ET (22:00 WIB) conference call—clarity on Quake AI demand and Q4 guidance, which is lower than Q3; and whether today’s gain holds through the close.
My take: its AI revenue is real and now dominant—with 70 percent of revenue from AI cloud, the company’s identity is shifting from video platform. But EPS is still in the red and Q4 guidance is down from Q3, so I read this 9 percent gain more as relief over the revenue beat than as full confidence.
Do you think Rumble is now better valued as an AI company or a video platform?
This is my analysis, not financial advice—always DYOR.
#Rumble #USStocks