vs

Side-by-side financial comparison of Nebius Group N.V. (NBIS) and Rumble Inc. (RUM). Click either name above to swap in a different company.

Nebius Group N.V. is the larger business by last-quarter revenue ($32.1M vs $27.1M, roughly 1.2× Rumble Inc.). Rumble Inc. produced more free cash flow last quarter ($-31.7M vs $-586.8M).

Nebius Group N.V., headquartered in Amsterdam, is a technology company that provides artificial intelligence infrastructure. The company also owns Avride and TripleTen, as well as stakes in Toloka and Clickhouse. It is headquartered in Amsterdam with offices in Israel and the United States.

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".

NBIS vs RUM — Head-to-Head

Bigger by revenue
NBIS
NBIS
1.2× larger
NBIS
$32.1M
$27.1M
RUM
More free cash flow
RUM
RUM
$555.1M more FCF
RUM
$-31.7M
$-586.8M
NBIS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
NBIS
NBIS
RUM
RUM
Revenue
$32.1M
$27.1M
Net Profit
$-32.7M
Gross Margin
5.5%
Operating Margin
-251.1%
-131.1%
Net Margin
-120.8%
Revenue YoY
-10.5%
Net Profit YoY
86.2%
EPS (diluted)
$-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.

Revenue
NBIS
NBIS
RUM
RUM
Q4 25
$27.1M
Q3 25
$32.1M
$24.8M
Q2 25
$24.2M
Q1 25
$23.7M
Q4 24
$30.2M
Q3 24
$79.6M
$25.1M
Q2 24
$36.3M
$22.5M
Q1 24
$17.7M
Net Profit
NBIS
NBIS
RUM
RUM
Q4 25
$-32.7M
Q3 25
$-16.3M
Q2 25
$-185.4M
Q1 25
$-2.7M
Q4 24
$-236.8M
Q3 24
$-258.2M
$-31.5M
Q2 24
$-118.3M
$-26.8M
Q1 24
$-43.3M
Gross Margin
NBIS
NBIS
RUM
RUM
Q4 25
5.5%
Q3 25
-1.8%
Q2 25
Q1 25
-26.7%
Q4 24
-14.2%
Q3 24
-45.4%
Q2 24
-58.8%
Q1 24
-79.5%
Operating Margin
NBIS
NBIS
RUM
RUM
Q4 25
-131.1%
Q3 25
-251.1%
-113.6%
Q2 25
-754.1%
Q1 25
-153.5%
Q4 24
-80.1%
Q3 24
-366.1%
-131.0%
Q2 24
-563.1%
-172.7%
Q1 24
-197.4%
Net Margin
NBIS
NBIS
RUM
RUM
Q4 25
-120.8%
Q3 25
-65.7%
Q2 25
-766.1%
Q1 25
-11.2%
Q4 24
-783.2%
Q3 24
-324.4%
-125.9%
Q2 24
-325.9%
-119.2%
Q1 24
-244.1%
EPS (diluted)
NBIS
NBIS
RUM
RUM
Q4 25
$-0.13
Q3 25
$-0.06
Q2 25
Q1 25
$-0.01
Q4 24
$-1.17
Q3 24
$-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
NBIS
NBIS
RUM
RUM
Cash + ST InvestmentsLiquidity on hand
$4.8B
$237.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8B
$274.8M
Total Assets
$10.1B
$336.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NBIS
NBIS
RUM
RUM
Q4 25
$237.9M
Q3 25
$4.8B
$269.8M
Q2 25
$1.7B
Q1 25
$301.3M
Q4 24
$114.0M
Q3 24
$2.3B
$132.0M
Q2 24
$2.3B
$154.2M
Q1 24
$183.8M
Stockholders' Equity
NBIS
NBIS
RUM
RUM
Q4 25
$274.8M
Q3 25
$4.8B
$302.2M
Q2 25
$3.8B
Q1 25
$339.6M
Q4 24
$-63.1M
Q3 24
$2.9B
$166.1M
Q2 24
$4.3B
$192.7M
Q1 24
$210.7M
Total Assets
NBIS
NBIS
RUM
RUM
Q4 25
$336.8M
Q3 25
$10.1B
$367.2M
Q2 25
$5.1B
Q1 25
$391.1M
Q4 24
$195.3M
Q3 24
$3.0B
$217.2M
Q2 24
$4.4B
$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
NBIS
NBIS
RUM
RUM
Operating Cash FlowLast quarter
$-196.8M
$-29.4M
Free Cash FlowOCF − Capex
$-586.8M
$-31.7M
FCF MarginFCF / Revenue
-1828.0%
-117.2%
Capex IntensityCapex / Revenue
1215.0%
8.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-70.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NBIS
NBIS
RUM
RUM
Q4 25
$-29.4M
Q3 25
$-196.8M
$-10.6M
Q2 25
$-162.0M
Q1 25
$-14.5M
Q4 24
$-12.4M
Q3 24
$-19.1M
Q2 24
$-21.7M
Q1 24
$-33.9M
Free Cash Flow
NBIS
NBIS
RUM
RUM
Q4 25
$-31.7M
Q3 25
$-586.8M
$-12.0M
Q2 25
$-379.9M
Q1 25
$-14.6M
Q4 24
$-12.4M
Q3 24
$-19.9M
Q2 24
$-23.1M
Q1 24
$-34.3M
FCF Margin
NBIS
NBIS
RUM
RUM
Q4 25
-117.2%
Q3 25
-1828.0%
-48.6%
Q2 25
-1569.8%
Q1 25
-61.7%
Q4 24
-40.9%
Q3 24
-79.5%
Q2 24
-102.8%
Q1 24
-193.3%
Capex Intensity
NBIS
NBIS
RUM
RUM
Q4 25
8.5%
Q3 25
1215.0%
5.7%
Q2 25
900.4%
Q1 25
0.6%
Q4 24
0.1%
Q3 24
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

NBIS
NBIS

Nebius$27.1M84%
TripleTen$6.3M20%
Avride$100.0K0%

RUM
RUM

Audience Monetization$23.8M88%
Other Initiatives$3.3M12%

Related Comparisons