Oct 29, 4:08 PM ET
Reddit, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting $895 million in revenue and $283 million in net income, alongside significant growth in daily and weekly active users. However, the company also disclosed that search referral traffic declines have continued into the fourth quarter, which could potentially impact future user metrics. Shareholders also received guidance for fourth-quarter revenue between $1.0 billion and $1.03 billion.
- Revenue increased 53% year-over-year to $895 million for the quarter ended September 30, 2026.
- Net income reached $283 million, with diluted earnings per share at $1.40.
- Global Daily Active Uniques grew 12% year-over-year to 130.3 million.
- Fourth-quarter 2026 revenue is estimated to be in the range of $1,000 million to $1,030 million.
Read the filing on SEC.gov ↗
Aug 12, 4:54 PM ET
Reddit's Chief Legal Officer and Corporate Secretary, Benjamin Lee, notified the company on August 12, 2026 that he will step down effective September 14, 2026. Reddit expects to appoint Paul Cappuccio to succeed him in both roles, and Lee will stay on as an employee through September 25, 2026 to help with the transition.
- Benjamin Lee steps down as Chief Legal Officer and Corporate Secretary effective September 14, 2026
- Lee remains an employee through September 25, 2026 to assist with the transition
- Reddit expects to appoint Paul Cappuccio as Chief Legal Officer and Corporate Secretary
Read the filing on SEC.gov ↗
Jul 30, 4:09 PM ET
Reddit reported second-quarter 2026 revenue of $805 million, up 61% from a year earlier, with net income of $253 million and diluted EPS of $1.25 versus $0.45 a year ago. The company also estimated third-quarter 2026 revenue of $860 million to $870 million and Adjusted EBITDA of $385 million to $395 million, and repurchased $235 million of Class A stock during the quarter.
- Revenue of $805 million rose 61% year-over-year; advertising revenue was $762 million, up 64%
- Net income was $253 million and diluted EPS was $1.25, compared with $89 million and $0.45 a year earlier
- Adjusted EBITDA was $343 million (43% margin) and free cash flow was $261 million
- Third-quarter 2026 estimates: revenue of $860 million to $870 million and Adjusted EBITDA of $385 million to $395 million
Read the filing on SEC.gov ↗
Apr 30, 4:08 PM ET
Reddit reported first-quarter 2026 results for the quarter ended March 31, 2026, with revenue up 69% year-over-year to $663 million and net income of $204 million, compared with $26 million a year earlier. Diluted earnings per share were $1.01, against $0.13 in the prior-year quarter. The company also projected second-quarter 2026 revenue of $715 million to $725 million and Adjusted EBITDA of $285 million to $295 million.
- Revenue of $663 million, up 69% year-over-year; advertising revenue of $625 million, up 74%
- Net income of $204 million and diluted EPS of $1.01, versus $26 million and $0.13 a year earlier
- Operating cash flow of $312 million; Adjusted EBITDA of $266 million, a 40% margin
- Q2 2026 guidance: revenue of $715 million to $725 million and Adjusted EBITDA of $285 million to $295 million
Read the filing on SEC.gov ↗
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