newsfilter
← Earnings
Earnings Releases·

RUM Group Inc. — Q3 2026 Earnings Summary

  • Reported record Q3 revenue of $96.6 million, a 290% year-over-year and 139% quarter-over-quarter increase, exceeding guidance by 3.8%, while achieving the first profitable quarter in company history with $4.4 million in Adjusted EBITDA versus a $15.1 million loss in the prior year period.
  • Quake AI drove growth with $68.2 million in revenue (over 70% of total) from its 22,000-GPU fleet, while the Northern Data acquisition contributed $11.0 million in G&A costs and increased total assets to $2.0 billion.
  • Provided Q4 2026 revenue guidance of $88 million to $94 million and noted that some 2027 capacity targets may be delayed due to market conditions, though 100% ownership of Northern Data is expected by early 2027.
  • Announced a long-term partnership with WWE for "WWE Main Event" and initiated squeeze-out proceedings to acquire remaining Northern Data shares, while maintaining $142.3 million in total liquidity.
Company
RUM GROUP INC
Sector
Technology
Industry
Software - Application