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%. Net income was $252.8 million and adjusted EBITDA $342.8 million, a 42.6% margin. The company guided third-quarter revenue to $860-870 million and adjusted EBITDA to $385-395 million, and repurchased about 1.5 million shares for roughly $235 million during the quarter.

• Q2 2026 revenue $804.9 million, up 61%; advertising $762 million, up 64%; other revenue $43 million
• Q2 2026 net income $252.8 million; adjusted EBITDA $342.8 million (42.6% margin)
• Global daily active uniques 130.3 million (US 53.2 million, up 6%; international 77.1 million, up 28%)
• Q3 2026 guidance: revenue $860-870 million, adjusted EBITDA $385-395 million
• Repurchased 1.5 million Class A shares for about $235 million at an average $157.57
• Cash, cash equivalents and marketable securities $2.79 billion at quarter end

SEC filing 8-K · accession 0001713445-26-000098 · sec.gov ↗