Companies/Communication Services/Interactive Media & Services

Reddit

RDDT · NYSEEarnings Oct 29 (est.)San Francisco, California↗2.6K employees↗Founded 2005↗
155.77▲ 0.20%Pooled price · full market data →

What matters nowUpdated 4 days ago

  • Reddit reported fiscal Q2 2026 revenue of $804.9M on Jul 30, up 61% from a year earlier; advertising revenue rose 64% to $762M and daily users reached 130.3M, up 18%.
  • The most recent filed event in our data is an 8-K dated Aug 12, 2026 reporting a director or officer change 1; Reddit was added to the S&P 500 in August 2026.
  • The stock traded at 159.42 USD on the pooled 24/7 venue price, up 2.2% from the previous close of 155.95; five moves of 4% or more were recorded between Sep 2 and Oct 1, the largest 8.7% on Sep 2.
  • Trailing revenue is $2.78B, up 66.6% year on year, with a 31.3% net margin and a 28.2% operating margin; the shares trade at 37.1 times earnings and 40.2 times EV/EBITDA, with a 3.2% free cash flow yield on a $32.2B market cap (fundamentals as of Jun 30, 2026).
  • Insiders sold 494,219 shares worth $84.3M in 19 sales over the last 180 days, 18 of them under trading plans, and bought none; Q3 2026 earnings are estimated for Oct 29, 2026 and are not confirmed.
[1]
Reddit files 8-K: Director/Officer Change
SEC EDGAR · Aug 12

Reddit runs a large online community platform of topic forums (subreddits) where users post, vote and discuss. Advertising sold against that traffic is most of its revenue, and the company is adding AI-driven ad tools, search and data licensing on top. It was added to the S&P 500 in August 2026.↗ source

How it makes money

Reddit earns most of its money from advertising on its feed and search surfaces, sold through self-serve tools and sales teams. Revenue per user has risen fast as ad tools improved. A smaller 'other revenue' line comes from content licensing deals with AI and data buyers and from products sold directly to users.

Last 12 monthsChart & venues →

125.84188.77251.69Reddit to join S&P 500 on August 18, replacing AvalonBay after its acquisition by Equity Residential1Reddit reports fiscal Q2 2026 results: revenue $804.9M, up 61% from a year earlier2Reddit Q2 2026 revenue rises 61% to $805 million; Q3 guided to $860-870 million3Reddit reports fiscal Q1 2026 results: revenue $663.4M, up 69% from a year earlier4Reddit Q1 2026 revenue reaches $663 million; advertising $625 million; Q2 guided to $715-725 million5Reddit reports fiscal Q4 2025 results: revenue $725.6M, up 70% from a year earlier6Reddit reports Q4 2025 revenue up 70% and guides Q1 2026 revenue to $595-605 million7Dec 31Mar 14May 25Aug 5Oct 16
Numbered dots: the stories that mattered. Click one.

Valuation & fundamentalsFull financials →

Market cap$31.47Bpooled price × shares
Enterprise value$29.98B+ net debt −$1.49B
P/E (TTM)36.2×EPS $4.30
EV / EBITDA37.4×EBITDA $801.5M
P / Sales11.3×EV/Sales 10.8×
P / Book9.6×equity $3.29B
FCF yield3.2%FCF $1.02B
Shareholder yieldn/adiv — · buyback —
Revenue (TTM)$2.78B66.6% YoY
Last quarter revenue61.1%growth YoY
EPS growth (TTM)n/mlast Q 177.8%
Gross margin91.4%operating 28.2%
Net margin31.3%EBITDA 28.8%
ROE30.7%on average equity
Cash$1.49Bdebt $0
Shares out—diluted 202.0M

TTM through 2026-06-30 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →

Biggest businessesAll products & projects →

scalingproduct line

Advertising platform

Ad revenue rose 64% in Q2 2026 to $762 million, the core of the business.

Advertising revenue · Q2 2026
$762 million +64% YoY
US ARPU · Q2 2026
$11.85 +51% YoY
Global ARPU · Q2 2026
$6.18 +36% YoY
launchedplatform

Reddit community platform

Daily users reached 130.3 million in Q2 2026, up 18%, and weekly users passed 500 million.

Daily active uniques (DAUq) · Q2 2026
130.3 million +18% YoY
Weekly active uniques (WAUq) · Q2 2026
514.6 million +24% YoY
US DAUq · Q2 2026
53.2 million +6% YoY
launchedservice

Data licensing

Other revenue, mostly content licensing, grew 24% to $43 million in Q2 2026.

Other revenue · Q2 2026
$43 million +24% YoY
Other revenue · FY2025
$140 million +22% YoY
launchedproduct line

Reddit Answers

AI search answers are being built into Reddit's core search, which began in 2025.

Latest newsAll news →

Reddit to join S&P 500 on August 18, replacing AvalonBay after its acquisition by Equity Residential

S&P Dow Jones Indices announced on August 13, 2026 that Reddit will join the S&P 500 before the open on Tuesday, August 18, 2026.

Markets

Judge keeps most of Reddit's DMCA and conspiracy claims against SerpApi and Perplexity alive

In a July 31, 2026 ruling in the Southern District of New York, the court largely denied motions to dismiss Reddit's lawsuit against scraping service SerpApi and AI company Perplexity.

Legal

Reddit reports fiscal Q2 2026 results: revenue $804.9M, up 61% from a year earlier

Reddit filed a Form 8-K with the SEC on Jul 30, 2026, 4:09 PM ET, reporting an event dated Jul 30, 2026.

Earnings

Reddit Q2 2026 revenue rises 61% to $805 million; Q3 guided to $860-870 million

Reddit reported second-quarter 2026 revenue of $804.9 million, up 61%, with advertising at $762 million, up 64%.

Earnings

Reddit reports fiscal Q1 2026 results: revenue $663.4M, up 69% from a year earlier

Reddit filed a Form 8-K with the SEC on Apr 30, 2026, 4:08 PM ET, reporting an event dated Apr 30, 2026.

Earnings

Reddit Q1 2026 revenue reaches $663 million; advertising $625 million; Q2 guided to $715-725 million

Reddit reported first-quarter 2026 revenue of $663.4 million, with advertising at $625 million and other revenue at $39 million.

Earnings