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<Results> Reddit, Inc. (RDDT.US) 1Q26 Profit and Revenue Far Beat; Shares Jump 9% After Hours
Social media company Reddit, Inc. (RDDT.US) announced that, driven by double-digit growth in advertising revenue, first-quarter profit reached USD204 million, compared with only US...
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<Results> Reddit, Inc. (RDDT.US) 1Q26 Profit and Revenue Far Beat; Shares Jump 9% After Hours
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Social media company Reddit, Inc. (RDDT.US)      announced that, driven by double-digit growth in advertising revenue, first-quarter profit reached USD204 million, compared with only USD26 million in the same period last year. EPS was USD1.01, far exceeding market expectations of USD0.57. The stock rose 9% in after-hours trading.

Revenue for the quarter surged 69% YoY to USD663 million, above market expectations of USD608 million. Advertising revenue soared 74% YoY to USD625 million, while other revenue, including the companys content licensing deals, increased 15% YoY to USD39 million.

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For the second quarter, Reddit, Inc. expects revenue of between USD715 million and USD725 million, compared with market expectations of USD711 million.

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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