NYSE$RDDT

Reddit Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Reddit Inc reported strong Q2 2026 results with revenue up 61% year-over-year to $805 million and net income more than doubling.

Reddit announced financial results for the quarter ended June 30, 2026, showing robust growth in users and revenue. Daily active uniques reached 130.3 million, up 18% YoY, while weekly actives crossed 500 million. Profitability improved significantly with net income at $253 million and diluted EPS of $1.25.

  • Revenue grew 61% YoY to $805 million, with advertising revenue up 64% to $762 million.
  • DAUq increased 18% to 130.3 million and WAUq rose 24% to 514.6 million.
  • Net income more than doubled to $253 million (31% margin) and diluted EPS reached $1.25.
  • Adjusted EBITDA surged 106% to $343 million; operating cash flow up 135% to $262 million.

Headline financials

Total Revenue

$805M

Previous: $500M+61.1%
EPS (adj)

$1.25

Previous: $0.45+177.8%
Daily Active Uniques

130.3M

Previous: 110.4M+18.0%
Weekly Active Uniques

514.6M

Previous: 416.4M+23.6%
Free Cash Flow

$261M

No prior period
Net Income

$253M

Previous: $89.3M+183.3%
Cash & Equivalents

$2.79B

No prior period

Revenue & EPS history

Reddit Inc · Revenue · Quarterly

$805M

Q2 2026+61.1%vs Q2 2025
Beat estimate in 10 of 10 quarters(100%)
ActualEstimate

Revenue by segment

Reddit Inc · $805M total across 2 segments · Q2 2026

  • Advertising
    $762M
  • Other
    $43M

Forward guidance

Q3 2026 guidance provided for revenue and Adjusted EBITDA.

Tailwinds

  • Revenue expected in $860M-$870M range.
  • Adjusted EBITDA projected at $385M-$395M.

Historical earnings impact

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

Avg. return before/after earnings

Based on 12 quarterly earnings reports

Historical avg

+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
Q2 2026
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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