Reddit, Inc.RDDTEarnings & Financial Report
Reddit is an American proprietary social news aggregation and forum social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communi...
RDDT Q1 FY2026 Key Financial Metrics
Revenue
$663.0M
Gross Profit
$662.9M
Operating Profit
$182.9K
Net Profit
$204.0M
Gross Margin
100.0%
Operating Margin
0.0%
Net Margin
30.8%
YoY Growth
69.0%
EPS
$1.01
Reddit, Inc. Q1 FY2026 Financial Summary
Reddit, Inc. reported revenue of $663.0M (up 69.0% YoY) for Q1 FY2026, with a net profit of $204.0M (up 680.0% YoY) (30.8% margin). Cost of goods sold was $56.3K, operating expenses totaled $662.8M.
Key Financial Metrics
| Total Revenue | $663.0M |
|---|---|
| Net Profit | $204.0M |
| Gross Margin | 100.0% |
| Operating Margin | 0.0% |
| Report Period | Q1 FY2026 |
Reddit, Inc. Annual Revenue by Year
Reddit, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.2B).
Reddit, Inc. Quarterly Revenue & Net Profit History
Reddit, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $663.0M | +69.0% | $204.0M | 30.8% |
| Q4 FY2025 | $725.6M | +69.7% | $251.6M | 34.7% |
| Q3 FY2025 | $584.9M | +67.9% | $162.7M | 27.8% |
| Q2 FY2025 | $499.6M | +77.7% | $89.3M | 17.9% |
| Q1 FY2025 | $392.4M | +61.5% | $26.2M | 6.7% |
| Q4 FY2024 | $427.7M | — | $71.0M | 16.6% |
| Q3 FY2024 | $348.4M | +67.9% | $29.9M | 8.6% |
| Q2 FY2024 | $281.2M | +53.6% | $-10.1M | -3.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $281.2M | $348.4M | $427.7M | $392.4M | $499.6M | $584.9M | $725.6M | $663.0M |
| YoY Growth | 53.6% | 67.9% | N/A | 61.5% | 77.7% | 67.9% | 69.7% | 69.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.08B | $2.17B | $2.34B | $2.44B | $2.63B | $2.88B | $3.24B | $3.48B |
| Liabilities | $182.5M | $194.1M | $205.8M | $219.9M | $245.2M | $265.7M | $310.1M | $304.6M |
| Equity | $1.89B | $1.98B | $2.13B | $2.22B | $2.39B | $2.61B | $2.93B | $3.18B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $28.4M | $71.6M | $90.0M | $127.6M | $111.3M | $185.2M | $266.8M |