Reddit, Inc.

Reddit, Inc. reported strong financial results for Q2 2026, with net income increasing to $252.8 million and total revenue reaching $804.9 million, demonstrating substantial year-over-year growth. Basic EPS also saw a significant rise to $1.31. The company generated $574.1 million in net cash from operating activities for the first half of 2026 and repurchased $234.6 million of Class A common stock during the quarter.

Reddit, Inc. announced strong financial results for the second quarter ended June 30, 2026, with revenue growing 61% year-over-year to $805 million and net income surging 183% to $253 million. Diluted EPS more than doubled to $1.25, and Adjusted EBITDA increased 106% to $343 million. The company also reported significant user growth, with DAUq reaching 130.3 million and WAUq crossing half a billion at 514.6 million. Additionally, Reddit repurchased 1.5 million shares and provided an optimistic outlook for Q3 2026, projecting revenue between $860 million and $870 million.

Reddit, Inc. held its 2026 annual meeting of stockholders on June 8, 2026. Stockholders voted on three proposals, all of which were approved. The proposals included the election of eight directors, the ratification of KPMG LLP as the independent registered public accounting firm for 2026, and a non-binding advisory vote to approve executive compensation.

Reddit, Inc. reported strong Q1 2026 results with revenue increasing significantly to $663.4 million and net income soaring to $204.0 million. Diluted EPS reached $1.01. The company also initiated a $1.0 billion share repurchase program, repurchasing $5.0 million in Q1, and disclosed ongoing legal proceedings including a securities class action and a UK ICO penalty.

Reddit, Inc. reported strong first-quarter 2026 financial results, with revenue increasing 69% year-over-year to $663 million and diluted EPS soaring 677% to $1.01. The company also saw significant growth in user engagement, with Daily Active Uniques up 17% to 126.8 million. Reddit provided an optimistic outlook for Q2 2026, projecting revenue between $715 million and $725 million and Adjusted EBITDA between $285 million and $295 million, highlighting its unique position in the AI landscape and capital-light model.