secwatch.observer — SEC 8-K summary
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Issuer:     Rumble Inc. (RUM)
CIK:        0001830081
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001213900-26-024095
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rumble Q4 revenue $27.1M, MAUs 52M; surpasses $100M annual revenue; on track to acquire Northern Data in Q2 2026
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- Q4 revenue $27.1M, down 10% YoY but up 9% sequentially; net loss $32.7M vs $236.8M in Q4 2024 (includes $184.7M derivative loss from Tether).
- Full-year 2025 revenue surpassed $100M for first time; MAUs reached 52M in Q4, up 11% sequentially.
- Signed business combination agreement to acquire Northern Data AG (AI infra) with ~22,400 NVIDIA GPUs; expected close Q2 2026.
- Tether committed $100M in advertising over two years starting Q1 2026; also up to $150M GPU services purchase commitment after Northern Data close.
- Launched Rumble Shorts (topped 1M daily unique views), Rumble Wallet, and named Greg Sherrill President of Sales and Maurice Edelson General Counsel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830081/000121390026024095/0001213900-26-024095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830081/000121390026024095/ea0280013-8k_rumble.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-024095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer