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Form 8-K · Current Report · Filed 2026-04-30

Reddit Reports Strong Q1 2026 Financial Results and Provides Q2 Guidance

Reddit, Inc. reported a 69% year-over-year increase in revenue to $663 million for the first quarter of 2026. The company's net income was $204 million, a significant improvement from the prior year. Reddit also announced an adjusted EBITDA of $266 million and operating cash flow of $312 million. The company provided guidance for the second quarter, estimating revenue between $715 million and $725 million and adjusted EBITDA between $285 million and $295 million.

Filer
Reddit Inc. RDDT · NYSE
Filed
Accession
0001713445-26-000067
CIK
0001713445
Signal
High impactCommunication Services

Items reported

Item events

Reported Item

Earnings Beat General Statement Raised Guidance

Market reaction

Close before filing

$147.75

Next session

+12.7%

Since filing

-4.8%

Latest close

$140.67

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from RDDT reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, RDDT insiders reported 54 Form 4 transactions — net selling of $28.2M.

Full RDDT insider history →

About Reddit Inc.

Reddit Inc. operates as a social media platform known for hosting a vast array of communities, commonly referred to as subreddits, where users can discuss, share content, and connect over shared interests. As a user-generated content platform, Reddit allows anyone to create posts in the form of text, links, images, or videos, which can then be voted on by other users to determine its prominence and visibility within a subreddit. Its structure facilitates niche discussions across diverse topics, ranging from technology and science to entertainment and hobbies. This community-driven model makes Reddit a significant player in digital advertising as businesses target tailored audiences with precision. Founded in 2005 and headquartered in San Francisco, Reddit has evolved into a pivotal online forum for social engagement, content discovery, and market insights, influencing digital culture and public opinion on a global scale.

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