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Reddit's Q2 earnings show 61% revenue growth and 300% profit increase

26 statements, Jul 30, 2026 18:48 UTC to Sep 19, 2026 22:16 UTC
Reddit
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Statements (26)

  1. Bullish

    Reddit users ended July about 5% above the beginning of the month.

    reddit.com
  2. Neutral

    Reddit's Q3 revenue guidance remains only $860M to $870M.

    reddit.com
  3. Bullish

    Reddit reported Q2 total revenue of $805 million, a 61% year-over-year increase.

    reddit.comHigh importance
  4. Bullish

    Reddit's revenue grew 61% in the second quarter.

    reddit.comHigh importance
  5. Bullish

    Reddit's gross margin remained above 91% in the second quarter.

    reddit.comHigh importance
  6. Bullish

    Reddit's free cash flow reached $261M in the second quarter.

    reddit.comHigh importance
  7. Bullish

    Reddit reported all revenue growth of 20% year-over-year.

    reddit.comHigh importance
  8. Bullish

    Reddit reported 800 million in revenue per quarter.

    reddit.comHigh importance
  9. Bearish

    Reddit stock dropped over 20% following its earnings report.

    reddit.comHigh importance
  10. Bullish

    Reddit reported 375 million in EBITDA.

    reddit.comHigh importance
  11. Bearish

    Reddit stock declined over 20% as a result of earnings.

    reddit.comHigh importance
  12. Bullish

    Reddit reported revenue growth of 61% and profit growth of nearly 300% in the most recent quarter.

    reddit.comHigh importance
  13. Bullish

    Reddit reported revenue growth of 61% and profit growth of nearly 300% in the most recent quarter.

    reddit.comHigh importance
  14. Bullish

    Reddit reported second-quarter revenue of $805 million for the three months ended June 30, exceeding the analyst consensus of $730 million.

    reddit.comHigh importance
  15. Bullish

    Reddit reported third-quarter adjusted EBITDA guidance in the range of $385 million to $395 million, exceeding the Wall Street consensus.

    reddit.comHigh importance
  16. Bullish

    Reddit reported third-quarter revenue guidance between $860 million and $870 million, exceeding the Wall Street consensus of roughly $828 million.

    reddit.comHigh importance
  17. Bullish

    Reddit reported net income of $253 million for the three months ended June 30, exceeding the analyst consensus of $0.95 per diluted share.

    reddit.comHigh importance
  18. Bullish

    Reddit reported revenue and earnings estimates that were crushed compared to prior expectations.

    reddit.comHigh importance
  19. Bullish

    Reddit reported second-quarter revenue growth of 61% year-over-year.

    reddit.comHigh importance
  20. Bullish

    Reddit reported third-quarter revenue guidance between $860 million and $870 million.

    reddit.com
  21. Bullish

    Reddit reported second-quarter net income of $253 million versus $89 million expected.

    reddit.comHigh importance
  22. Bullish

    Reddit reported adjusted earnings for the quarter between $385 million and $395 million.

    reddit.comHigh importance
  23. Bullish

    Reddit reported second-quarter revenue of $805 million versus $730 million expected.

    reddit.comHigh importance
  24. Bullish

    Reddit reported Q2 adjusted EBITDA of $266 million, more than doubling from last quarter.

    reddit.comHigh importance
  25. Bullish

    Reddit reported Q2 revenue of $663.4 million, up 69% year over year.

    reddit.comHigh importance
  26. Bullish

    Reddit reported Q2 net margin of 30.7% and free cash flow of $311 million.

    reddit.comHigh importance