NYSE$RDDT

Reddit Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Reddit reported Q1 2025 revenue of $392.4M with net income of $26.2M and diluted EPS of $0.13.

Revenue rose sharply year over year to $392.4 million as advertising and data-licensing scaled. Net income was $26.2 million, or $0.13 per diluted share, with user growth and engagement gains highlighted in MD&A.

  • Q1 revenue $392.4M.
  • Net income $26.2M; diluted EPS $0.13.
  • DAU and ad load improvements.
  • Data licensing and international expansion.

Headline financials

Total Revenue

$392M

Previous: $243M+61.5%
EPS (adj)

$0.13

Previous: -$8.19+101.6%
Global DAUq

108.1M

Previous: 82.7M+30.7%
US DAUq

50.1M

Previous: 41.5M+20.7%
International DAUq

58.0M

Previous: 41.2M+40.8%
Global WAUq

401.3M

Previous: 306.2M+31.1%
Global ARPU

$3.63

Previous: $2.94+23.5%
US ARPU

$6.27

Previous: $4.77+31.4%
International ARPU

$1.34

Previous: $1.10+21.8%
Capital Expenditures

-$979K

Previous: -$2.85M+65.7%
Net Income

$26.2M

Previous: -$575M+104.5%
Operating Income

$3.9M

Previous: -$589M+100.7%
Gross Profit

$351M

Previous: $215M+63.1%
R&D Expense

$189M

Previous: $435M-56.6%

Revenue & EPS history

Reddit Inc · Revenue · Quarterly

$392M

Q1 2025+61.5%vs Q1 2024
Beat estimate in 9 of 9 quarters(100%)
ActualEstimate

Revenue by segment

Reddit Inc · $247M total across 1 segment · Q4 2023

  • Advertising
    $247M

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity supports operations and strategic initiatives.
  • MD&A outlines near-term priorities.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+9.0%

Avg return

Earnings day

+9.0%

Avg return

5 days after

+18.8%

Avg return

30 days after

67%

8 / 12 earnings

Positive

+46.0%

Q3 2023

Best reaction

-10.8%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+12.5%+13.1%+19.4%
Q4 2025-7.4%-7.8%-7.7%
Q3 2025+5.3%+1.0%+11.3%
Q2 2025+17.2%+32.5%+40.2%
Q1 2025-4.2%-11.2%-5.4%
Q4 2024-5.3%-13.6%-40.8%
Q3 2023+46.0%+33.4%+72.1%
Q3 2024+45.6%+41.8%+75.8%
Q2 2023+1.1%-3.4%+4.6%
Q2 2024-10.8%-6.9%+3.3%
Q1 2023+1.4%+17.8%+21.1%
Q1 2024+6.5%+10.9%+31.5%
Q4 2023
Q4 2022
Q3 2022
Q2 2022
Q1 2022
Q4 2021
Q3 2021
Q2 2021
Q1 2021
Q4 2020

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