RUM Group Inc. Reports Record Third Quarter 2026 Results
Globe Newswire•11/11/2026•07:30 ET
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Key Highlights
- ➤Q3 revenue $96.6 million, up 290% YoY and 3.8% above guidance
- ➤Quake AI contributed $68.2 million in its first full quarter
- ➤RUM Group achieved its first profitable quarter on an Adjusted EBITDA basis
- ➤22,000 NVIDIA GPUs operated at approximately 85% utilization
- ➤Q4 revenue outlook is $88 million to $94 million
- ➤RUM Group increased Northern Data ownership to approximately 98%
Expert Statements
Chris Pavlovski, CEO of RUM Group
“Q3 was a defining quarter for RUM Group. We delivered record revenue, nearly four times last year’s, and achieved positive Adjusted EBITDA for the first time in our history.”
Chris Pavlovski, CEO of RUM Group
“Quake AI is now the engine of our business. We have real assets running real AI workloads for real customers and generating real cash.”
Chris Pavlovski, CEO of RUM Group
“Our 22,000-GPU estate is nearly sold out at 85% utilization.”
Chris Pavlovski, CEO of RUM Group
“As capital becomes more selective, we believe it will flow to experienced operators with disciplined balance sheets.”
Chris Pavlovski, CEO of RUM Group
“That is exactly where RUM Group stands, and we intend to use that position to build lasting value for our shareholders.”
~ First Profitable Quarter in the Company’s History on an Adjusted EBITDA Basis ~
LONGBOAT KEY, Fla., Nov. 11, 2026 (GLOBE NEWSWIRE) -- RUM Group Inc. (Nasdaq: RUM) (“RUM Group” or the “Company”), an AI infrastructure and video company on a mission to unlock the power of human imagination, today announced financial results for the fiscal quarter ended September 30, 2026.
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