Reddit Q4 revenue rises 70% to $726 million; board authorizes $1 billion buyback
Reddit reported fourth-quarter 2025 revenue of $726 million, up 70% year over year, and net income of $252 million, compared with $71 million a year earlier. The company also gave first-quarter 2026 estimates of $595 million to $605 million in revenue and $210 million to $220 million in Adjusted EBITDA, and its board authorized up to $1 billion in Class A share repurchases, which the company may suspend or discontinue at any time.
Key points
- Q4 2025 revenue was $726 million, up 70% year over year; ad revenue was $690 million, up 75%.
- Q4 2025 net income was $252 million, an improvement of $181 million; Adjusted EBITDA was $327 million.
- Q1 2026 estimates: revenue of $595 million to $605 million and Adjusted EBITDA of $210 million to $220 million.
- Board authorized a share repurchase program of up to $1 billion of Class A common stock with no expiration date.
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 February 05, 2026.
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.