Reddit, Inc.RDDT
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Q2 revenue and net income beat expectations, and Q3 guidance signals confidence.

Reddit, Inc. reported second-quarter 2026 revenue of US$804.91 million and net income of US$252.85 million, while also completing a US$240 million share repurchase program covering about 0.8% of its shares. The company issued third-quarter 2026 revenue guidance of US$860 million to US$870 million, signaling management confidence amid sensitivity to interest-rate expectations. The results and guidance frame investor expectations around whether recent 84% year-over-year ad growth can be sustained, with the key near-term catalyst remaining advertiser demand and the biggest risk being exposure to digital ads and potential macro or privacy headwinds.
Reddit, Inc.Q2 revenue and net income beat expectations, and Q3 guidance signals confidence.