Opening the filing
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Reddit, Inc.
Exhibit 99.1
EX-99.1 earningspressreleaseq226.htm EX-99.1
Document Exhibit 99.1
Reddit Reports Second Quarter 2026 Results Daily Active Uniques (“DAUq”) increased 18% year-over-year to 130.3 million Weekly Active Uniques (“WAUq”) increased 24% year-over-year to 514.6 million, crossing half a billion Revenue of $805 million grew 61% year-over-year. 8th consecutive quarter over 60% Net income of $253 million, 31% of revenue, and Diluted EPS of $1.25, both up over 2x year-over-year Adj. EBITDA 1 of $343 million, 43% of revenue, up 106% year-over-year Operating cash flow of $262 million, 33% of revenue, up 135% year-over-year SAN FRANCISCO, Calif. – July 30, 2026 – Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended June 30, 2026. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com.
“In an increasingly automated web, the value of real human perspective has never been higher. Reddit’s commercial momentum reflects that,” said Steve Huffman, Founder and CEO of Reddit. “Crossing $1 million in revenue per employee and maintaining eight consecutive quarters of over 60% revenue growth shows the strength of our community model and the value we deliver to advertisers.”
• Total revenue increased 61% year-over-year to $805 million, Ad revenue increased 64% year-over-year to $762 million, and Other revenue increased 24% year-over-year to $43 million