Rumble Inc. Releases Earnings For Q1 2025: 34% Increase in Revenue
Rumble Inc., a pioneer open video sharing and cloud services platform, shared its earnings on the earnings call for Q1 2025 on May 8, 2025, posting a lift in revenues of 34% to $23.7 million, a comparison from $17.7 million in Q1 2024. The earnings call showcased strong growth prompted by increased subscription and advertising revenues, and strategic partnerships that are accelerating the company’s growth.
Key Financial Highlights
Rumble’s Q1 2025 earnings show it is making a name for itself in the digital media world. Key metrics include:
| Metric | Q1 2025 | Q1 2024 | Change |
| Revenue | $23.7 million | $17.7 million | +34% |
| Audience Monetization Revenue | Increased by $4.6M | – | +$3.6M (subscriptions) |
| Other Initiatives Revenue | Increased by $1.4M | – | +$1.1M (advertising) |
| ARPU (Average Revenue Per User) | $0.34 | $0.39 (Q4 2024) | -12.8% |
| Cost of Services | $30 million | $31.8 million | -5.7% |
| Adjusted EBITDA Loss | $22.7 million | $26.5 million | -14% improvement |
| Cash and Cash Equivalents | $301.3 million | $114 million (Q4 2024) | +164% |
| Bitcoin Holdings | 211 Bitcoin (~$21.3M) | – | – |
These numbers illustrate Rumble’s capacity to grow its scale while enhancing its financial profile, where substantial increases in cash balance and decrease in adjusted EBITDA loss stand out.
Growth Drivers
Audience monetization and strategic initiatives were the two key areas driving the 34% revenue increase. Subscription revenue, a linchpin of Rumble’s monetization efforts, rose by $3.6 million, thanks in part to the popularity of offerings like Rumble Premium and exclusive content from creators like Stephen Crowder’s MugClub. In addition, advertising revenue increased by $1.1 million driven by better monetization of its advertising inventory with the assistance of the the Rumble Advertising Center.
Rumble’s strong strategic partnerships and innovative platforms have helped propel it to where it is today. The company has grown its ecosystem with Rumble Cloud and Rumble Studio, bringing in over 2,000 creators, many of them big names. These platforms drive additional engagement and enable new revenue opportunities. Also, Bumble has received a $775 million strategic investment from Tether (during Q4 2024) which will help continue to power international expansion and the launch of the Rumble Wallet which will allow for cryptocurrency exchanges.
Challenges and Future Outlook
For as well as Rumble did, there were some areas of concern, with ARPU’s reducing from $0.39 in Q4 2024 to $0.34 in Q1 2025. This dip is explained by fast onboarding of new users, which is usually hard to monetize for platforms that experience fast growth. It reported 67 million monthly active users in Q3 2024 and this continued to rise, adding elevated pressure to ARPU.
On the horizon, Rumble is feeling good about where it’s going. The company remains on track to reach adjusted EBITDA breakeven by the end of 2025 with early indicators of brand advertising partnerships post-GARM (Global Alliance for Responsible Media) disbandment. The roll-out of mid-roll advertisements and the expansion of Rumble Premium should create additional revenue growth. Rumble CF: $301.3 million cash $21.3 million cash, quite the ammunition to use to invest in new technology and new markets for a firm that simply couldn’t scale on its own.
Conclusion
Rumble Inc. Q1 2025 Earnings report exhibits Rumble Inc as a dynamic competitor in the video-sharing and cloud service. Factor in the 34 percent increase in revenue, combined with the strategic investments and growing user-base, and Rumble has positioned itself for continued growth. While there are still challenges like declining ARPU, Facebook’s continued commitment to innovation and monetization gives it a solid future. As Rumble continues to fight for an open and free internet, their financial and operational successes demonstrate a promising road ahead.
Disclaimer: This is based on information as of May 10, 2025, and is for information purposes only. It’s not financial advice. Readers should do their own research before taking any action related to the company.
