Reddit Reports Third Quarter 2026 Results with $895 Million in Revenue and $283 Million Net Income
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.
Key points
- 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.
The filing
Written by AI on Oct 30, 2026, 9:15 AM ET, from this filing only.
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.