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Side-by-side financial comparison of ImmunityBio, Inc. (IBRX) and Rumble Inc. (RUM). Click either name above to swap in a different company.
ImmunityBio, Inc. is the larger business by last-quarter revenue ($38.3M vs $27.1M, roughly 1.4× Rumble Inc.). Rumble Inc. runs the higher net margin — -120.8% vs -161.8%, a 41.0% gap on every dollar of revenue. On growth, ImmunityBio, Inc. posted the faster year-over-year revenue change (407.0% vs -10.5%). Rumble Inc. produced more free cash flow last quarter ($-31.7M vs $-71.3M).
ImmunityBio, Inc. is a clinical-stage biotechnology company focused on developing next-generation immunotherapies and vaccine candidates targeting multiple cancer types and infectious diseases. It operates mainly in the U.S. market, with core R&D segments including cell therapy, antibody therapeutics, and targeted vaccine platforms designed to enhance patient treatment outcomes.
Rumble is a Canadian-American online video platform, web hosting, and cloud services business headquartered in Toronto, Canada, with its U.S. headquarters in Longboat Key, Florida. It was founded in 2013 by Chris Pavlovski, a Canadian technology entrepreneur. Rumble's cloud services business hosts Truth Social, and the video platform is popular among American conservative and far-right users. Rumble has been described as "alt-tech".
IBRX vs RUM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $38.3M | $27.1M |
| Net Profit | $-61.9M | $-32.7M |
| Gross Margin | 99.0% | 5.5% |
| Operating Margin | -169.0% | -131.1% |
| Net Margin | -161.8% | -120.8% |
| Revenue YoY | 407.0% | -10.5% |
| Net Profit YoY | -4.7% | 86.2% |
| EPS (diluted) | $-0.06 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $38.3M | $27.1M | ||
| Q3 25 | $32.1M | $24.8M | ||
| Q2 25 | $26.4M | — | ||
| Q1 25 | $16.5M | $23.7M | ||
| Q4 24 | $7.6M | $30.2M | ||
| Q3 24 | $6.1M | $25.1M | ||
| Q2 24 | — | $22.5M | ||
| Q1 24 | — | $17.7M |
| Q4 25 | $-61.9M | $-32.7M | ||
| Q3 25 | $-67.3M | $-16.3M | ||
| Q2 25 | $-92.6M | — | ||
| Q1 25 | $-129.6M | $-2.7M | ||
| Q4 24 | $-59.2M | $-236.8M | ||
| Q3 24 | $-85.7M | $-31.5M | ||
| Q2 24 | — | $-26.8M | ||
| Q1 24 | — | $-43.3M |
| Q4 25 | 99.0% | 5.5% | ||
| Q3 25 | 99.4% | -1.8% | ||
| Q2 25 | 99.5% | — | ||
| Q1 25 | 99.6% | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
| Q4 25 | -169.0% | -131.1% | ||
| Q3 25 | -173.5% | -113.6% | ||
| Q2 25 | -269.8% | — | ||
| Q1 25 | -390.1% | -153.5% | ||
| Q4 24 | -919.0% | -80.1% | ||
| Q3 24 | -1314.3% | -131.0% | ||
| Q2 24 | — | -172.7% | ||
| Q1 24 | — | -197.4% |
| Q4 25 | -161.8% | -120.8% | ||
| Q3 25 | -209.8% | -65.7% | ||
| Q2 25 | -350.3% | — | ||
| Q1 25 | -784.9% | -11.2% | ||
| Q4 24 | -783.4% | -783.2% | ||
| Q3 24 | -1404.0% | -125.9% | ||
| Q2 24 | — | -119.2% | ||
| Q1 24 | — | -244.1% |
| Q4 25 | $-0.06 | $-0.13 | ||
| Q3 25 | $-0.07 | $-0.06 | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $-0.15 | $-0.01 | ||
| Q4 24 | $-0.08 | $-1.17 | ||
| Q3 24 | $-0.14 | $-0.15 | ||
| Q2 24 | — | $-0.13 | ||
| Q1 24 | — | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $242.8M | $237.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-500.5M | $274.8M |
| Total Assets | $501.9M | $336.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $242.8M | $237.9M | ||
| Q3 25 | $257.8M | $269.8M | ||
| Q2 25 | $153.7M | — | ||
| Q1 25 | $61.6M | $301.3M | ||
| Q4 24 | $149.8M | $114.0M | ||
| Q3 24 | $130.4M | $132.0M | ||
| Q2 24 | — | $154.2M | ||
| Q1 24 | — | $183.8M |
| Q4 25 | $-500.5M | $274.8M | ||
| Q3 25 | $-524.3M | $302.2M | ||
| Q2 25 | $-570.7M | — | ||
| Q1 25 | $-591.4M | $339.6M | ||
| Q4 24 | $-489.1M | $-63.1M | ||
| Q3 24 | $-745.1M | $166.1M | ||
| Q2 24 | — | $192.7M | ||
| Q1 24 | — | $210.7M |
| Q4 25 | $501.9M | $336.8M | ||
| Q3 25 | $519.0M | $367.2M | ||
| Q2 25 | $402.1M | — | ||
| Q1 25 | $303.8M | $391.1M | ||
| Q4 24 | $382.9M | $195.3M | ||
| Q3 24 | $364.6M | $217.2M | ||
| Q2 24 | — | $243.2M | ||
| Q1 24 | — | $263.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-70.4M | $-29.4M |
| Free Cash FlowOCF − Capex | $-71.3M | $-31.7M |
| FCF MarginFCF / Revenue | -186.2% | -117.2% |
| Capex IntensityCapex / Revenue | 2.4% | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-308.8M | $-70.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-70.4M | $-29.4M | ||
| Q3 25 | $-68.9M | $-10.6M | ||
| Q2 25 | $-79.7M | — | ||
| Q1 25 | $-85.9M | $-14.5M | ||
| Q4 24 | $-85.1M | $-12.4M | ||
| Q3 24 | $-98.8M | $-19.1M | ||
| Q2 24 | — | $-21.7M | ||
| Q1 24 | — | $-33.9M |
| Q4 25 | $-71.3M | $-31.7M | ||
| Q3 25 | $-69.6M | $-12.0M | ||
| Q2 25 | $-80.8M | — | ||
| Q1 25 | $-87.0M | $-14.6M | ||
| Q4 24 | $-87.3M | $-12.4M | ||
| Q3 24 | $-101.6M | $-19.9M | ||
| Q2 24 | — | $-23.1M | ||
| Q1 24 | — | $-34.3M |
| Q4 25 | -186.2% | -117.2% | ||
| Q3 25 | -217.2% | -48.6% | ||
| Q2 25 | -305.9% | — | ||
| Q1 25 | -526.9% | -61.7% | ||
| Q4 24 | -1155.4% | -40.9% | ||
| Q3 24 | -1663.2% | -79.5% | ||
| Q2 24 | — | -102.8% | ||
| Q1 24 | — | -193.3% |
| Q4 25 | 2.4% | 8.5% | ||
| Q3 25 | 2.3% | 5.7% | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 6.8% | 0.6% | ||
| Q4 24 | 28.0% | 0.1% | ||
| Q3 24 | 45.7% | 3.4% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 2.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IBRX
Segment breakdown not available.
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
