Reddit: Second Quarter 2025 Results Look Great!

Daily Active Uniques (“DAUq”) increased 21% year-over-year to 110.4 million (vs ≈20% expected)

Revenue grew 78% year-over-year to $500 million (vs $426m expected)

Gross margin expanded year-over-year to 90.8%

Net income of $89 million, 18% of revenue. Diluted EPS of $0.45

Adjusted EBITDA1 of $167 million, 33% of revenue

Operating cash flow of $111 million. Fully diluted shares of 206.6 million, up 0.3% sequentially