Reddit FY26 Q2 net income more than doubles to $253 million; revenue climbs 61% to $805 million
RDDT•Q2 results
Reddit posted Q2 net income of $253 million, more than doubled year over year; diluted EPS rose to $1.25.
Revenue climbed 61% to $805 million, led by ad revenue up 64% to $762 million.
Adjusted EBITDA rose 106% to $343 million; margin widened 9.2 percentage points to 42.6%.
User growth and outlook
Daily active uniques increased 18% to 130.3 million; weekly active uniques rose 24% to 514.6 million.
For Q3, Reddit forecast revenue of $860 million-$870 million and adjusted EBITDA of $385 million-$395 million.
