Here are the 10-Q quarterly reports from RUM Group Inc. Warrant (RUMBW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow RUMBW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RUMBW filings page.
RUM Group Inc. reported sharply higher scale following the June 17, 2026 acquisition of about 85% of Northern Data AG, adding large AI and high-performance computing infrastructure. Total assets rose to $2.12 billion from $336.8 million, including $913.8 million of property and equipment and $415.2 million of goodwill.
For the quarter ended June 30, 2026, revenue increased to $40.4 million from $25.1 million, but the company posted a much larger net loss attributable to RUM of $79.1 million versus $30.2 million. For the first six months, revenue was $65.8 million and net loss attributable to RUM was $109.4 million. Losses reflected significantly higher cost of services, general and administrative, sales and marketing, research and development, $33.2 million of acquisition-related transaction costs, and higher amortization and depreciation.
Operating cash outflow for the six months was $66.1 million, while cash and cash equivalents were $203.3 million. The NDAG deal consideration totaled $1.52 billion, including equity, pre-funded warrants, and a euro-denominated $366.6 million convertible note to Tether that contains an embedded derivative. RUM also disclosed VAT disputes in Sweden involving Decentric Europe B.V. and Hydro66 Svenska AB, for which Swedish Tax Agency final assessments have been issued and appealed.
Rumble Inc. reported higher revenue but a much larger loss for the quarter ended March 31, 2026. Revenue rose to $25.5M from $23.7M a year earlier, driven mainly by Audience Monetization, including higher subscription and advertising revenue.
Expenses grew to $64.6M, with heavier sales and marketing and $4.8M of acquisition-related transaction costs, leading to a net loss of $30.3M versus $2.7M in the prior-year period. Adjusted EBITDA was a loss of $21.0M. Rumble ended the quarter with $219.0M in cash and cash equivalents and bitcoin holdings with a fair value of $14.4M.
The company averaged 56 million monthly active users in Q1 2026 and reported ARPU of $0.40. It advanced its strategy with an exchange offer to acquire Northern Data AG and related agreements with Tether, including up to $150M of GPU services over two years and $100M of advertising commitments.