Rumble Inc. Class A Common Stock (RUM)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable competitive advantages, consistent owner earnings, and a margin of safety. Rumble does not yet clear those bars. It operates online video and cloud/AI infrastructure, but in fiscal Q2 2026 (quarter ended 2026-06-30), revenue was $40.4M while net loss was $79.1M and diluted EPS was -$0.28. In fiscal Q1 2026 (quarter ended 2026-03-31), revenue was $25.5M with a $30.3M net loss. The pattern is years of losses: FY2025 revenue $100.6M and net loss $81.8M; FY2024 revenue $95.5M and net loss $338.4M; FY2023 revenue $81.0M and net loss $116.4M. FairStock’s Lynch category is none because the company lost money in each of the last four years. Trailing free cash flow is -$157.5M, and FairStock’s FCF yield is -8.3% on the $1.9B market cap at the 2026-10-13 close. At that close, FairStock calculations show a P/B of 2.01, a negative P/E of -11.37, ROE of -18.41%, ROCE of -5.93%, plus a weak Piotroski F-Score of 3/9 and Altman Z-Score of 1.27. Revenue is growing, but losses are not shrinking enough to demonstrate operating leverage, and a moat is unproven. At this price, the market is paying for future success that the filed figures do not yet show. I would need evidence of durable profitability and cash generation before seeing a margin of safety.

In plain English: Rumble runs an online video platform plus cloud and AI infrastructure. The business is growing revenue but has been unprofitable for years, and it lost more money than it brought in last quarter. At the 2026-10-13 close of $6.71, the $1.9B market value looks expensive against those weak current earnings and cash flow, so the price depends heavily on future profits that have not appeared yet.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer