GlobeNewswire·Nov 11, 2026, 7:30 AM ET

RUM Group Inc. Reports Record Third Quarter 2026 Results

RUM

RUM Group reported third-quarter 2026 revenue of $96.6 million, a 290% year-over-year increase & 139% quarter-over-quarter rise.
The company achieved its first profitable quarter on an Adjusted EBITDA basis, generating $4.4 million.
Quake AI contributed $68.2 million to total revenue, representing over 70% of the quarter's total.
The Quake AI fleet of approximately 22,000 NVIDIA GPUs operated at roughly 85% utilization during the quarter.
RUM Group increased its ownership in Northern Data AG to approximately 98% & commenced squeeze-out proceedings to reach 100% ownership by early 2027.
A long-term distribution partnership was announced with WWE to host the weekly premium program WWE Main Event.
Management initiated a cost reset in the video segment, expecting to realize savings starting in 2027.
Some of the 250MW of unmonetized capacity targeted for 2027 may be delayed beyond 2027 due to market conditions.
The fourth quarter 2026 revenue outlook is set between $88 million & $94 million.
As of September 30, 2026, the company held total liquidity of $142.3 million, including $134.4 million in cash & 94.68 Bitcoin valued at $7.9 million.
The company converted its shelf registration statements to automatic WKSI status following qualification as a well-known seasoned issuer.
General & administrative expenses rose to $25.9 million, driven by Northern Data acquisition costs & increased professional fees.
RUM Group operates as an AI infrastructure & video company with a mission to support agentic-first enterprise solutions.

Company: Rumble, Inc.
Keywords: Nasdaq:RUM, Rumble, Inc.