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Rumble Inc. general counsel Maurice F. Edelson received equity-based compensation consisting of stock options and restricted stock units. On 2026-03-10, he was granted an option for 435,204 shares of Class A common stock at an exercise price of $5.23 per share, expiring on 2036-03-10. The option vests in four substantially equal annual installments beginning on the first anniversary of the grant date.
He was also granted 95,602 restricted stock units vesting in four substantially equal annual installments and 350,201 restricted stock units vesting in five substantially equal annual installments, each starting on the first anniversary of the grant date. Following these grants, he directly holds 445,803 shares of Class A common stock and 435,204 stock options, reflecting compensation awards rather than open-market purchases.
Rumble Inc. disclosed that its General Counsel and Corporate Secretary, Maurice F. Edelson, filed an initial statement of beneficial ownership on Form 3. The filing lists no reported transactions or holdings data in the available summary, serving mainly to identify him as a reporting insider.
Rumble Inc. disclosed that Chief Executive Officer Christopher Pavlovski received new equity awards on March 10, 2026. He was granted stock options for 1,115,559 shares of Class A common stock at an exercise price of $5.23 per share and 241,784 restricted stock units.
Both the stock options and RSUs were granted at $0.00 per share on the grant date and represent compensation awards rather than open-market purchases. According to the filing, the options and RSUs each vest in four substantially equal annual installments beginning on the first anniversary of the grant date.
Rumble Inc. Chief Financial Officer Brandon Alexandroff received new equity awards. He was granted stock options for 220,670 shares of Class A common stock at an exercise price of $5.23 per share and 47,827 restricted stock units. Both awards vest in four equal annual installments starting on the first anniversary of the March 10, 2026 grant date.
Following these grants, he holds 132,926 shares of Class A common stock directly and options covering 220,670 underlying shares, reinforcing equity-based compensation tied to multi‑year service.
Rumble Inc. Chief Content Officer Ramolo Claudio reported equity compensation awards. He received a stock option for 198,603 shares of Class A common stock at an exercise price of $5.23 per share, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date and expiring on March 10, 2036.
He also received 43,045 restricted stock units that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. Following these awards, he directly holds 62,342 shares of Class A common stock, reflecting a larger long-term equity stake tied to multi‑year vesting.
Rumble Inc. reported that Chief Technology Officer Wojciech Hlibowicki received new equity awards. He was granted a stock option covering 435,447 shares of Class A common stock at an exercise price of $5.23 per share, expiring on March 10, 2036. The option vests in four substantially equal annual installments beginning on the first anniversary of the grant date. He also received 95,655 restricted stock units that vest on the same four-year schedule. Following the grant, his directly owned Class A common stock holdings total 180,754 shares.
Rumble Inc. Chief Operating Officer Tyler Hughes reported equity compensation awards. He received a stock option to acquire 435,447 shares of Class A common stock at an exercise price of $5.23 per share, vesting in four substantially equal annual installments beginning on the first anniversary of the grant date.
Hughes also received 95,655 restricted stock units, vesting on the same four-year annual schedule. Following the restricted stock unit grant, his direct holdings of Class A common stock increased to 180,754 shares, and he holds stock options covering 435,447 underlying shares.
Rumble Inc. describes rapid expansion of its video and cloud businesses alongside major capital and strategic moves. Monthly active users grew to 52 million MAUs (GA4) as of Q4 2025, and Average Revenue Per User reached $0.46, as the company begins broader monetization.
In February 2025, Rumble closed a $775 million Class A share purchase by Tether at $7.50 per share and used $525 million to repurchase 70,000,000 Class A shares in a tender offer, while keeping its super-voting governance unchanged. In November 2025, it agreed to combine with Northern Data, planning to add about 22,400 Nvidia GPUs and a global data center footprint to strengthen Rumble Cloud, with closing expected in the second quarter of 2026.
Rumble now operates two units: Rumble Services (video, studio, wallet, and advertising marketplace) and Rumble Cloud (subscription-based IaaS). The company highlights extensive risk factors, including dependence on advertising, guaranteed creator payments, aggressive expansion into cloud and crypto infrastructure, Bitcoin treasury holdings, stablecoin acceptance, a non-custodial crypto wallet, growing AI use, and intense competition from major tech and cloud providers.
Rumble Inc. reported its fourth quarter and full-year 2025 results, marking the first time in its history that annual revenue surpassed $100.6M. Full-year revenue increased to $100,622,320 from $95,488,190, while the company still posted a substantial net loss of $81,830,362, improved from a $338,362,779 loss in 2024.
In Q4 2025, revenue was $27,068,454, down 10% from the prior-year quarter, but cost of services fell sharply, helping narrow operating losses. Adjusted EBITDA for 2025 was a loss of $74,299,119, better than the $92,069,864 loss in 2024, showing progress on underlying profitability.
The platform reported 52 million MAUs in Q4, reflecting 11% sequential growth, and newly launched Rumble Shorts exceeded one million daily unique video views. Rumble ended 2025 with cash and cash equivalents of $237,919,453, up from $114,018,900, supported by large equity issuance and share repurchases. The company is on track to complete its transformative acquisition of AI infrastructure firm Northern Data in the second quarter of 2026, with Northern Data’s GPU utilization expected to approximate 85% by the end of Q1 2026.