Rum Group Revenue More Than Triples as Quarterly Loss Widens
Rum Group’s third-quarter revenue more than tripled to $96.6 million, beating analyst expectations, but its loss widened to $79.9 million as expenses rose. The company, formerly known as Rumble, also forecast fourth-quarter revenue below the current Wall Street estimate at the midpoint of its range.
By Money Talk·November 11, 2026·2 min read·1,704 reads
The quarterly loss was 19 cents a share, compared with a loss of 6 cents a share, or $16.3 million, a year earlier. Analysts polled by FactSet had expected a loss of 11 cents a share. Revenue exceeded the $89 million forecast from Wall Street models.
Costs of services and general and administrative expenses climbed sharply. Rum Group attributed the increases to data-center costs and its acquisition of Northern Data, respectively. Quake AI, its cloud and AI-infrastructure business, generated $68.2 million, more than 70% of total revenue. “Quake AI is now the engine of our business,” Chief Executive Chris Pavlovski said.
The video-sharing platform changed its name and business structure this summer as it pursued an artificial-intelligence pivot. Separately, Quake AI said Wednesday it plans to deploy Nvidia Minerva, an AI-operations platform designed to help operators spot infrastructure issues earlier and keep AI factories productive. The planned deployment is intended to strengthen operational visibility for Quake AI’s bare-metal compute offering. Nvidia named Quake AI among companies planning to deploy Minerva last month.
For the fourth quarter, Rum Group expects revenue of $88 million to $94 million; analysts are looking for $91.9 million. Shares rose 3.7% to $5.30 in premarket trading.
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