The company's financial position shows significant erosion, with accumulated deficits driving retained earnings to -$595.7M as of 2026Q1.
| Total Current Assets | 243.35M | 264.55M | 136.13M | 238M | 352.36M | 48.97M | 2.5M | 2.34M |
| Cash & Short-Term Investments | 219.04M | 237.92M | 114.02M | 219.47M | 338.27M | 46.85M | 1.45M | 1.89M |
| Cash Only | 219.04M | 237.92M | 114.02M | 218.34M | 337.17M | 46.85M | 1.45M | 1.89M |
| Short-Term Investments | 0 | 0 | 0 | 1.14M | 1.1M | 0 | 0 | 0 |
| Accounts Receivable | 12.53M | 11.86M | 9.78M | 5.44M | 4.75M | 1.34M | 1.05M | 391.11K |
| Days Sales Outstanding | 44.4 | 43.02 | 37.38 | 24.53 | 44 | 51.85 | 84.24 | 42.48 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32.95K |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 11.77M | 14.77M | 12.33M | 0 | 9.34M | 385.73K | 0 | 65.89K |
| Total Non-Current Assets | 67.86M | 72.3M | 59.19M | 57.71M | 14.62M | 6.83M | 176.2K | 152.1K |
| Property, Plant & Equipment | 18.84M | 18.05M | 17.07M | 22.16M | 10.2M | 2.8M | 53.06K | 97.77K |
| Fixed Asset Turnover | 5.59x | 5.58x | 5.59x | 3.65x | 3.86x | 3.38x | 85.89x | 34.37x |
| Goodwill | 10.66M | 10.66M | 10.66M | 10.66M | 662.9K | 662.9K | 0 | 0 |
| Intangible Assets | 37.46M | 24.02M | 29.31M | 23.26M | 3.21M | 3.29M | 123.14K | 54.34K |
| Long-Term Investments | 65.09M | 18.45M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 903.58K | 1.12M | 2.16M | 1.63M | 547.59K | 82.4K | 0 | 0 |
| Total Assets | 311.21M | 336.85M | 195.31M | 295.71M | 366.98M | 55.8M | 2.68M | 2.49M |
| Asset Turnover | 0.29x | 0.30x | 0.49x | 0.27x | 0.11x | 0.17x | 1.70x | 1.35x |
| Asset Growth % | 177.31% | 72.47% | -33.95% | -19.42% | 557.66% | 1982.61% | 7.52% | - |
| Total Current Liabilities | 51.73M | 45.26M | 216.74M | 33.56M | 15.95M | 7.2M | 2.99M | 1.69M |
| Accounts Payable | 12.45M | 5.95M | 18.22M | 24.44M | 14.32M | 6.85M | 2.52M | 1.65M |
| Days Payables Outstanding | 19.23 | 25.13 | 48.04 | 61.03 | 119.52 | 320.48 | 339.38 | 335.02 |
| Short-Term Debt | 1.16M | 0 | 0 | 0 | 0 | 0 | 337.64K | 0 |
| Deferred Revenue (Current) | 64.5M | 16.11M | 12.81M | 0 | 1.04M | 30.01K | 20.37K | -40.16K |
| Other Current Liabilities | 21.04M | 2.67M | 184.7M | 7.87M | 0 | 0 | 339 | 80.31K |
| Current Ratio | 4.70x | 5.84x | 0.63x | 7.09x | 22.09x | 6.80x | 0.84x | 1.39x |
| Quick Ratio | 4.70x | 5.84x | 0.63x | 7.09x | 22.09x | 6.80x | 0.84x | 1.41x |
| Cash Conversion Cycle | 25.17 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 9.53M | 16.74M | 41.69M | 10.53M | 11.4M | 18.23M | 27.98K | 246.69K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 23.56K | 0 |
| Capital Lease Obligations | 3.17M | 633.13K | 799.91K | 1.63M | 835.92K | 1.2M | 4.42K | 63.8K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 9.11M | 16.11M | 40.89M | 8.9M | 10.56M | 17.04M | 0 | 182.9K |
| Total Liabilities | 61.26M | 62M | 258.43M | 44.09M | 27.35M | 25.43M | 3.02M | 1.93M |
| Total Debt | 1.58M | 1.91M | 1.8M | 2.61M | 1.42M | 1.51M | 424.99K | 103.95K |
| Net Debt | -217.47M | -236M | -112.22M | -215.73M | -335.75M | -45.34M | -1.02M | -1.78M |
| Debt / Equity | 0.01x | 0.01x | - | 0.01x | 0.00x | 0.05x | - | 0.19x |
| Debt / EBITDA | -0.03x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 3.91x | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | -30.90x | -3.63x | - | - |
| Total Equity | 249.95M | 274.84M | -63.12M | 251.62M | 339.63M | 30.37M | -340.94K | 559.81K |
| Equity Growth % | 654.06% | 535.46% | -125.08% | -25.91% | 1018.42% | 9007.07% | -160.9% | - |
| Book Value per Share | 0.96 | 1.08 | -0.31 | 1.25 | 1.40 | 0.18 | -0.01 | 0.00 |
| Total Shareholders' Equity | 249.95M | 274.84M | -63.12M | 251.62M | 339.63M | 30.37M | -340.94K | 559.81K |
| Common Stock | 773.44K | 773.44K | 768.89K | 768.52K | 768.36K | 43.35M | 601.69K | 601.69K |
| Retained Earnings | -595.67M | -565.4M | -483.57M | -145.2M | -28.78M | -17.38M | -3.97M | -1.96M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Persistent cash burn trajectory
According to quarterly filings, Rumble's total assets have declined from a peak of $391.1M in 2025Q1 to $311.2M by 2026Q1, reflecting a consistent erosion of the balance sheet as the company funds ongoing operational deficits through its existing cash reserves rather than organic growth.
The steady reduction in total assets suggests that the company is consuming its capital base to sustain operations rather than reinvesting in productive capacity. Investors should monitor whether this downward trend in asset value stabilizes or continues to accelerate as the company navigates its current high-burn phase.
As reported in financial statements, Rumble maintains a cash position of $219.0M as of 2026Q1, which provides a significant liquidity buffer, though the rapid depletion from $301.3M in 2025Q1 highlights the high cost of maintaining its independent infrastructure and content acquisition strategy.
While the current ratio of 4.70 indicates a strong ability to cover short-term obligations, the underlying cash burn suggests that this liquidity is finite. The company's reliance on cash reserves to fund operations warrants close attention to the sustainability of its current spending levels.
Based on reported figures, Rumble's retained earnings have deteriorated significantly to -$595.7M in 2026Q1, illustrating the cumulative impact of persistent net losses on the company's equity base and the challenges inherent in achieving a self-sustaining business model within the current competitive landscape.
The negative trajectory of retained earnings underscores the difficulty the company faces in converting its platform traffic into profitable growth. This trend suggests that equity value is currently being driven by capital injections rather than internal value creation, which may limit future financial flexibility.
Analysis of the balance sheet reveals that net PPE remains relatively stagnant at $18.8M in 2026Q1, which may indicate that the company's heavy infrastructure spending is being expensed rather than capitalized, potentially masking the true long-term value of its proprietary data center investments.
This discrepancy between high operational spending and modest growth in fixed assets suggests that the company's infrastructure build-out may be more maintenance-intensive than initially apparent. Investors should consider whether these investments will eventually yield a scalable cloud offering or remain a permanent drag on the balance sheet.
Quick answers to the most common questions about buying RUM stock.
As of 2025, Rumble Inc. (RUM) had total assets of $336.8M including $264.5M in current assets.
Rumble Inc. (RUM) carries total debt of $1.9M, offset by $237.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Rumble Inc. (RUM) has total shareholders' equity (book value) of $274.8M ($1.08 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Rumble Inc. (RUM) reported a current ratio of 5.84x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.