In Q1 FY2026 (ended March 31, 2026), Reddit reported revenue of $663.4 million, up 69.1% year-over-year. Net income was $204.0 million, a 679.8% increase, while operating income surged to $182.9 million from $3.9 million a year ago. Diluted EPS was $1.01, up 676.9%. The company held $1.37 billion in cash and $3.18 billion in equity, with no long-term debt.
•Revenue grew 69.1% YoY to $663.4 million.
•Net income rose 679.8% YoY to $204.0 million.
•Operating income increased 4,586.4% YoY to $182.9 million.
•Diluted EPS was $1.01, up 676.9% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging.
It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. Founded in 2005, Reddit is headquartered in San Francisco, California.
Reddit, Inc. operates a digital community platform that enables users to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. The platform organizes communities based on specific interests, allowing users to submit links, upload images and videos, and reply to one another. Founded in 2005, Reddit is headquartered in San Francisco, California, and serves users in the United States and internationally.
Where is Reddit (RDDT) listed and in which currency?
Reddit, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol RDDT. Its shares are traded in US Dollars (USD), reflecting its primary listing in the United States. The company's financial reporting and stock transactions are conducted in USD, which is the standard for US-listed equities.
What sector and industry does Reddit (RDDT) belong to?
Reddit, Inc. operates in the Communication Services sector, specifically within the Internet Content & Information industry. This classification reflects its core business of providing an online platform for user-generated content, discussions, and community interactions. As an internet content company, Reddit competes with other social media and community platforms that rely on user engagement and advertising revenue.
Where is Reddit headquartered and what markets does it serve?
Reddit, Inc. is headquartered in San Francisco, California, United States. The company was founded in 2005 and operates its digital community platform both domestically and internationally. While its primary market is the United States, Reddit's platform is accessible globally, allowing users from around the world to participate in conversations, explore interests, and create communities.