secwatch.observer — SEC 8-K summary
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Issuer:     Reddit, Inc. (RDDT)
CIK:        0001713445
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001713445-26-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1713445/000171344526000067/0001713445-26-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1713445/000171344526000067/rddt-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001713445-26-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer