Rumble Q3 Revenue Jumps 290% to $96.6M, Posts First Adjusted EBITDA Profit

Cointime update: RUM Group, formerly Rumble, reported third-quarter revenue of $96.6 million, up 290% year over year and 139% quarter over quarter, marking a record. Adjusted EBITDA reached $4.4 million, the company’s first profitable quarter on that basis, while net loss attributable to the company was $79.9 million. Its Quake AI cloud business, following the Northern Data acquisition, contributed $68.2 million, over 70% of revenue, operating about 22,000 Nvidia GPUs.