Reddit, Inc. (RDDT) Misses Q1 EPS by 10c, Beats on Revenue; Offers Q2 Revenue Guidance

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Go back to Reddit, Inc. (RDDT) Misses Q1 EPS by 10c, Beats on Revenue; Offers Q2 Revenue Guidance

Reddit Reports First Quarter 2026 Results

April 30, 2026 4:07 PM EDT

Daily Active Uniques (DAUq) increased 17% year-over-year to 126.8 million

Revenue grew 69% year-over-year to $663 million

Net income of $204 million, 31% of revenue. Diluted EPS of $1.01, up 7x year-over-year

Adj. EBITDA1 of $266 million, 40% of revenue, up 131% year-over-year

Operating cash flow of $312 million, 47% of revenue, up 145% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended March 31, 2026. Reddits complete financial results and management commentary can be found in its shareholder letter... More