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