Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Reddit (RDDT)

Reddit Q2 revenue rises 61% to $805 million; net income more than doubles to $253 million

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyReddit (RDDT)
Form8-K, current report
Filed with the SECJul 30, 2026, 4:09 PM ET
Accession number0001713445-26-000098

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 July 30, 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.