Reddit (RDDT) Reports $663M Revenue, $1.01 EPS in Q1 2026

AI Summary

Reddit Inc (NYSE:RDDT) reported a revenue of $663 million for Q1 2026, reflecting a 69% year-over-year increase. The earnings per share reached $1.01, surpassing Wall Street estimates. The growth was significantly supported by a 74% surge in advertising revenue. Additionally, Reddit issued second-quarter revenue guidance above analyst expectations, indicating continued momentum in its financial performance.