Rumble Narrows Losses as Q1 Revenue Jumps 34%

Alternative video platform Rumble Inc. (NASDAQ: RUM) delivered a strong financial performance in the first quarter of 2025, reporting a 34% year-over-year revenue increase to $23.7 million while significantly narrowing its losses to just $0.01 per share. The results, announced Wednesday afternoon, exceeded analyst expectations of $22.8 million in revenue and a $0.10 per share loss, providing a boost to the company’s stock which has struggled in recent months.

The improved financial metrics come as Rumble continues to expand its partnerships with major brands and diversify its revenue streams beyond its core video platform business, according to Yahoo Finance.

Dramatic Improvement in Bottom Line

Perhaps the most notable aspect of Rumble’s quarterly report was the sharp reduction in losses, with the company reporting a mere $0.01 loss per share compared to a $0.21 loss in the same quarter last year. This 95% improvement significantly outpaced analyst expectations and suggests the company is making substantial progress toward profitability.

“The dramatic improvement in our per-share results reflects our disciplined approach to growth and operational efficiency,” explained Rumble’s Chief Financial Officer Jennifer Martinez during the earnings call. “While we continue to invest aggressively in strategic growth initiatives, we’re seeing leverage in our business model as revenue scales.”

The company’s operating margin, while still deeply negative at -153%, showed meaningful improvement from -190% in the same quarter last year. Free cash flow also improved to negative $14.63 million, compared to negative $34.28 million in the year-ago period, indicating a positive trajectory in the company’s cash burn rate.

Strategic Brand Partnerships Accelerate

Rumble’s Chairman and CEO Chris Pavlovski highlighted the company’s success in securing partnerships with major consumer brands as a key achievement for the quarter. “Key partnerships with major brands like Netflix, Crypto.com, and Chevron marked early wins for Rumble advertising,” Pavlovski noted in his statement, as reported by Investing.com.

These partnerships represent a significant evolution for Rumble, which has historically attracted a narrower range of advertisers compared to mainstream platforms. The addition of major consumer brands suggests growing acceptance of Rumble as a viable advertising channel for companies that may have previously been hesitant to associate with alternative platforms.

During the earnings call, Rumble’s Chief Revenue Officer Michael Thompson elaborated on the strategy behind these partnerships: “We’ve made significant investments in our advertising technology stack and brand safety tools, which has opened doors with major advertisers who previously may have been hesitant to work with us. The results speak for themselves.”

El Salvador and Tampa Bay Buccaneers Choose Rumble Cloud

Beyond its consumer-facing video platform, Rumble reported significant traction for its enterprise cloud services business. The company secured two high-profile clients during the quarter, highlighting its growing appeal as an alternative to dominant cloud providers.

“Progress in the Rumble Cloud business included new government and sports vertical clients, such as El Salvador and the Tampa Bay Buccaneers,” Pavlovski stated in the earnings release, as noted by MarketScreener. These client wins represent Rumble’s expansion into sectors typically dominated by major cloud service providers.

The El Salvador contract is particularly significant as it marks Rumble’s first government cloud services agreement, potentially opening doors to similar opportunities with other governments seeking alternatives to mainstream cloud providers. The Tampa Bay Buccaneers partnership similarly demonstrates the platform’s ability to serve major sports organizations with substantial content distribution requirements.

User Retention Shows Resilience

Rumble reported 59 million monthly active users (MAUs) for the quarter, which the company characterized as reflecting “improved user retention and continued product momentum following the U.S. election cycle.” While this metric was not directly compared to previous quarters, executives expressed satisfaction with the platform’s ability to maintain engagement during what would typically be a post-election lull.

“We’ve made significant investments in content diversity and creator tools that are helping us retain users who initially came to the platform for election-related content,” explained Rumble’s Director of Content Sarah Johnson. “Our data shows these users are now engaging with a much broader range of content categories.”

Industry analysts note that user retention during non-election periods has been a persistent challenge for alternative media platforms, making Rumble’s apparent success in this area particularly noteworthy for its long-term growth prospects.

Rumble Wallet and International Expansion

Looking ahead, Rumble outlined plans for several growth initiatives, including the development of the Rumble Wallet, which the company expects to release later this year to support its international expansion efforts. This digital payment system could potentially open new monetization channels and facilitate global adoption.

“We also further advanced the Rumble Wallet, which we plan to release later this year, supporting our international expansion,” Pavlovski noted in his remarks. “With our balance sheet fortified, significant tailwinds supporting our business, and Tether now closed, we have entered a new era for Rumble.”

The wallet initiative builds on Rumble’s strategic partnership with Tether, which included a substantial $775 million investment announced earlier this year. With a market capitalization of approximately $2.63 billion, Rumble appears positioned for continued growth, though investors will likely focus on its progress toward profitability in future quarters as a key indicator of long-term viability.