Every material Form 8-K Reddit filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Reddit reported third-quarter 2025 results for the period ended September 30, 2025, with revenue up 68% year-over-year to $585 million and net income of $163 million, compared with $30 million a year earlier. The company also gave fourth-quarter 2025 estimates of $655 million to $665 million in revenue and $275 million to $285 million in Adjusted EBITDA, which shareholders can compare with later results.
Revenue was $585 million, up 68% year-over-year; advertising revenue was $549 million, up 74%
Net income was $163 million versus $30 million a year earlier; diluted EPS was $0.80 versus $0.16
Q4 2025 estimates: revenue of $655 million to $665 million and Adjusted EBITDA of $275 million to $285 million
Operating cash flow was $185 million, up from $72 million a year earlier
Reddit reported second-quarter 2025 results for the quarter ended June 30, 2025, with revenue of $500 million, up 78% from $281 million a year earlier, and net income of $89 million compared with a net loss of $10 million in the prior-year quarter. The company also guided to third-quarter 2025 revenue of $535 million to $545 million and Adjusted EBITDA of $185 million to $195 million, which gives shareholders a near-term outlook for the business.
Q2 2025 revenue was $500 million, up 78% year-over-year; advertising revenue was $465 million, up 84%
Diluted EPS was $0.45 versus a loss of $(0.06) a year earlier; Adjusted EBITDA was $167 million versus $40 million
Q3 2025 guidance: revenue of $535 million to $545 million and Adjusted EBITDA of $185 million to $195 million
Cash, cash equivalents, and marketable securities were $2.06 billion as of June 30, 2025
Reddit entered into an amended and restated credit agreement with JPMorgan Chase Bank, N.A. as administrative agent, extending its revolving credit facility to July 1, 2030 and reducing total commitments to $500.0 million. The filing describes a routine refinancing of an existing facility, with liens on substantially all assets continuing and a switch to a maximum total leverage ratio covenant after July 1, 2025.
Revolving credit facility maturity extended to July 1, 2030
Total commitments reduced to $500.0 million; letter of credit sublimit maintained at $100.0 million
Credit spread adjustments removed; pricing described as substantially similar to the existing agreement
Financial covenants transition to a maximum total leverage ratio beginning after July 1, 2025
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.
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.
Reddit reported fourth quarter 2024 revenue of $427.7 million, up 71% from a year earlier, and net income of $71.0 million, compared with $18.5 million in the prior-year quarter. For the first quarter of 2025, Reddit estimated revenue of $360 million to $370 million and Adjusted EBITDA of $80 million to $90 million, giving shareholders a range to compare with future results.
Q4 2024 revenue was $427.7 million, up 71% year over year; advertising revenue was $394.5 million.
Q4 2024 diluted EPS was $0.36; basic EPS was $0.40. Net income was $71.0 million versus $18.5 million a year earlier.
Full-year 2024 revenue was $1.3 billion, up 62%, and the full-year net loss was $484.3 million.
Q1 2025 outlook: revenue of $360 million to $370 million and Adjusted EBITDA of $80 million to $90 million.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Reddit filing is on SEC EDGAR ↗. 8-K briefs of other companies →