Reddit FY26 Q2 net income more than doubles to $253 million; revenue climbs 61% to $805 million
Reuters2026/07/30 20:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Reddit posted Q2 net income of USD 253 million, more than doubled year over year; diluted EPS rose to USD 1.25.
- Revenue climbed 61% to USD 805 million, led by ad revenue up 64% to USD 762 million.
- Adjusted EBITDA rose 106% to USD 343 million; margin widened 9.2 percentage points to 42.6%.
- Daily active uniques increased 18% to 130.3 million; weekly active uniques rose 24% to 514.6 million.
- Forecast Q3 revenue of USD 860 million-USD 870 million; adjusted EBITDA of USD 385 million-USD 395 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reddit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607301607BIZWIRE_USPR_____20260730_BW598707) on July 30, 2026, and is solely responsible for the information contained therein.
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