Reddit Reports Strong Q2 Results, Guides Up for Q3
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Reddit, Inc. (RDDT) reported strong financial results for Q2 2026, with revenue increasing 61% year-over-year to $805 million, driven by a 64% increase in ad revenue. EPS came in at $1.25, more than doubling year-over-year. The company also provided strong guidance for Q3, with expected revenue between $860-$870 million and adjusted EBITDA between $385-$395 million. Reddit's user base grew, with daily active users increasing 18% year-over-year to 130.3 million and weekly active users up 24% to 514.6 million. Despite the strong results, Reddit's stock price fell due to concerns about AI search traffic risks and disappointing user growth in the U.S.
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$RDDT | Reddit, Inc., Q2-2026 Earning Report https://t.co/j5jhy99ERJ
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