AI brief of an SEC Form 8-K · Reddit (RDDT)

Reddit Q1 revenue rises 61% to $392.4 million and net income reaches $26.2 million

Positive Impact 3 of 5 earnings Written later

Reddit reported first-quarter 2025 revenue of $392.4 million, up 61% year-over-year, and net income of $26.2 million, compared with a net loss of $575.1 million a year earlier. The company also estimated second-quarter revenue of $410 million to $430 million and Adjusted EBITDA of $110 million to $130 million.

Key points

  • Revenue of $392.4 million rose 61% year-over-year; advertising revenue was $358.6 million.
  • Net income was $26.2 million, versus a net loss of $575.1 million in Q1 2024; diluted EPS was $0.13.
  • Adjusted EBITDA was $115.3 million, or 29.4% of revenue; operating cash flow was $127.6 million.
  • For Q2 2025, Reddit estimates revenue of $410 million to $430 million and Adjusted EBITDA of $110 million to $130 million.

The filing

CompanyReddit (RDDT)
Form8-K, current report
Filed with the SECMay 1, 2025, 4:11 PM ET
Accession number0001713445-25-000100

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.