Reddit Q1 revenue $663M (+69% YoY), net income $204M, Adj. EBITDA $266M (40% margin)

Reddit, Inc.

2026-Q1 EPS reported $1.01 revenue$663,411,000

Revenue $663M (+69% YoY); ad revenue $625M (+74%); other revenue $39M (+15%).
Net income $204M (31% margin), diluted EPS $1.01 (up 677% YoY).
Adj. EBITDA $266M (40% margin), up 131% YoY; operating cash flow $312M (+145%).
DAUq 126.8M (+17% YoY); international DAUq +26%; U.S. revenue +67%.
Cash $2.77B; capex just $1M (0.2% of revenue); fully diluted shares 206.4M (+0.2%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Reddit, Inc. reported the quarter ended March 31, 2026 results: revenue $663 million, net income $204 million, EPS $1.01.

Period: the quarter ended March 31, 2026
Revenue: $663 million
Net income: $204 million
EPS: $1.01
Result: reported results

Exact text from the filing

EX-99.1 (EX-99.1) --- Reddit Reports First Quarter 2026 Results Daily Active Uniques (“DAUq”) increased 17% year-over-year to 126.8 million Revenue grew 69% year-over-year to $663 million Net income of $204 million, 31% of revenue. Diluted EPS of $1.01, up 7x year-over-year Adj. EBITDA 1 of $266 million, 40% of revenue, up 131% year-over-year Operating cash flow

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Source: SEC EDGAR

accession 0001713445-26-000067

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