Companies /Communication Services

Reddit Inc.

NYSE: RDDT Internet Content & Information
$154.91
â–² $0.96 (+0.62%) today
Markets open · 1:05pm ET

Q4 2025 Earnings

Reported Feb 5, 2026, 4:10pm ET · SEC source
$1.24
Beat +33.13%
EPS · est. $0.93
$725.6M
Beat +8.78%
Revenue · est. $667.1M
+0.1%
Beating market
RDDT vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−12%−6%0+6%Feb 5Feb 6report 4:10pm ETearnings+2.0%−10.4%
−12%−6%0+6%Feb 5Feb 6earnings+2.0%−10.4%
RDDT −10.4%S&P 500 +2.0%
−12%−6%0+6%Feb 5Feb 6report 4:10pm ETearnings+2.2%−10.4%
−12%−6%0+6%Feb 5Feb 6earnings+2.2%−10.4%
RDDT −10.4%NASDAQ +2.2%
−21%−14%−7%0Feb 4Feb 13report 4:10pm ETearnings+1.1%−12.6%
−21%−14%−7%0Feb 4Feb 13earnings+1.1%−12.6%
RDDT −12.6%S&P 500 +1.1%
−21%−14%−7%0Feb 4Feb 13report 4:10pm ETearnings+1.6%−12.6%
−21%−14%−7%0Feb 4Feb 13earnings+1.6%−12.6%
RDDT −12.6%NASDAQ +1.6%
−7.43%
Day of report
+1.37%
Next session
−0.13%
One week
−1.94%
30 days

S&P 500 over the same 30 days: −2.07%.

Did RDDT Beat Earnings? Q4 2025 Results

Reddit delivered a strikingly split quarter to close out 2025, posting revenue of $725.61 million, a 69.7% year-over-year gain that cleared the $668.23 million consensus by 8.59%, while earnings per share of $1.24 fell short of the $1.45 estimate by 14.48%. The top-line strength was unmistakably advertising-driven, with ad revenue climbing 75% year-over-year to $690.00 million as monetization gains took hold across a growing user base, with daily active unique users reaching 121.4 million and global ARPU expanding 42% to $5.98. Net income reached $251.60 million at a 34.7% margin, a dramatic improvement from $71.04 million a year earlier, cementing what CEO Steve Huffman described as Reddit entering its "next era." The company also authorized a $1.00 billion share repurchase program, though the stock slipped nearly 9% following the report as investors weighed the buyback against forward guidance. For Q1 2026, Reddit projects revenue of $595 million to $605 million; <a href="https://247wallst.com/investing/2026/02/05/reddit-live-complete-coverage-of-rddts-q4-earnings/">full coverage of the quarter</a> details what that trajectory means for the year ahead.

Key Takeaways
  • Advertising revenue growth of 75% YoY driven by growth in impressions and pricing
  • 11 of top-15 industry verticals grew over 50% YoY
  • Broad strength across full ad funnel, geographies, and channels
  • ARPU expanded 42% YoY to $5.98 globally
  • Lower-funnel conversion volume doubled year-over-year
  • DAUq grew 19% YoY to 121.4 million, with international DAUq growing 28%
  • Over 80 million weekly searchers on Reddit, up from 60 million a year ago

“We're entering the next era of Reddit—defined by sharper execution, global expansion, and product innovation that puts real people and conversations at the center. Our focus is on turning Reddit's authenticity into even more everyday utility.”

Reddit CEO, on the earnings call

Forward Guidance & Outlook

For Q1 2026, Reddit estimates revenue in the range of $595 million to $605 million, and Adjusted EBITDA in the range of $210 million to $220 million. The company is focused on making Reddit faster, more relevant, and more accessible through AI-driven feed personalization, expanding AI-powered search to new languages, and improving new-user onboarding and retention. Reddit plans to phase out reporting on logged-in vs. logged-out users later in 2026.

RDDT YoY Financials

Q4 2025 vs Q4 2024 · SEC filings Q4 2024 Q4 2025
$0$200.0M$400.0M$600.0M$427.7M$725.6MRevenue$395.9M$666.9MGross Profit$52.9M$231.8MOperating Income$71.0M$251.6MNet Income
$0$200.0M$400.0M$600.0MRevenueGross ProfitOperating IncomeNet Income

RDDT Revenue by Segment

Advertising$690.0M+75.0%
Other Revenue$36.0M+8.0%

RDDT Revenue by Geography

United States$583.3M+68.0%
Rest of World$142.3M+78.0%

Figures from SEC filings and company reports. Not investment advice.