Reddit’s First Quarter 2026 Results
– 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
What’s not to like?!?
Read the full announcement…
This slide from Reddit’s shareholder letter yesterday says all you need to know about RDDT in my opinion!
by u/_DoubleBubbler_ in DoubleBubbler
