---
schema_version: "secwatch.filing_event.v1"
accession: "0001713445-24-000052"
form_type: "8-K"
ticker: "RDDT"
cik: "0001713445"
company_name: "Reddit, Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:20:33.119761+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reddit Q2 revenue $281.2M (+54% YoY); first positive Adjusted EBITDA of $39.5M

## Summary
- DAUq hit 91.2M (+51% YoY); WAUq 342.3M (+57% YoY)
- Ad revenue $253.1M (+41%); other revenue $28.1M (+691% on data licensing deals with OpenAI, Sprinklr)
- Net loss narrowed to $10.1M from $41.1M YoY; gross margin 89.5% (up 530 bps)
- Adjusted EBITDA $39.5M (14% margin) vs -$35.4M prior year; Free Cash Flow $27.2M
- Q3 guidance: revenue $290M-$310M; Adj. EBITDA $40M-$60M; plans machine translation in Spanish, German, Portuguese

## SEC filing metadata
- accession: 0001713445-24-000052
- form_type: 8-K
- ticker: RDDT
- cik: 0001713445
- company_name: Reddit, Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1713445/000171344524000052/0001713445-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1713445/000171344524000052/rddt-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001713445-24-000052
- JSON: https://secwatch.observer/filing/0001713445-24-000052.json
- Plain text: https://secwatch.observer/filing/0001713445-24-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.