Highest-materiality recent filing
Reddit CLO Benjamin Lee to step down; Paul Cappuccio expected to succeed
Benjamin Lee to step down as Chief Legal Officer and Corporate Secretary effective September 14, 2026.
Reddit Q2 2026: Revenue $805M (+61% YoY), EPS $1.25, DAUq 130.3M (+18%)
Revenue $805M (+61% YoY); ad revenue $762M (+64%); other revenue $43M (+24%).
Reddit shareholders elect eight directors, ratify KPMG, approve say-on-pay at 2026 annual meeting
All eight director nominees elected: Huffman (544.6M for), Farrell (558.1M), Fili-Krushel (557.5M), Gale (558.2M), Habiger (549.5M), Newhouse (503.7M), Sauerberg (523.1M), Seibel (541.5M).
Reddit Q1 revenue $663M (+69% YoY), net income $204M, Adj. EBITDA $266M (40% margin)
Revenue $663M (+69% YoY); ad revenue $625M (+74%); other revenue $39M (+15%).
Reddit Q4 revenue +70% to $726M; net income $252M; Board authorizes $1B buyback
Q4 revenue $726M (+70% YoY); ad revenue $690M (+75%); DAUq 121.4M (+19%).
Reddit Q3 revenue +68% to $585M, net income $163M, DAUq 116M; Q4 guide $655-665M
Revenue $585M (+68% YoY); advertising $549M (+74% YoY); other revenue $36M (+7% YoY).
Reddit Q2 revenue $500M (+78% YoY), net income $89M, guides Q3 revenue $535-545M
Revenue $500M (+78% YoY); ad revenue $465M (+84% YoY); other revenue $35M (+24%).
Reddit enters amended credit agreement reducing revolver to $500M, extending maturity to 2030
Entered $500M revolver (reduced from prior) maturing July 1, 2030, amending existing credit agreement.
Reddit shareholders elect all eight directors, ratify KPMG, approve say-on-pay annually
All eight director nominees elected; Steven Huffman received 581.6M votes for, 16.1M withheld.
Reddit Q1 revenue $392.4M (+61% YoY), first GAAP net income $26.2M, Q2 revenue guidance $410M-$430M
Revenue $392.4M (+61% YoY), ad revenue $358.6M (+61%), other revenue $33.7M (+66%).
Reddit Q4 revenue $427.7M (+71% YoY), net income $71M, diluted EPS $0.36
DAUq reached 101.7M (+39% YoY); ad revenue $394.5M (+60% YoY); gross margin 92.6%.
Reddit Q3 GAAP net income $29.9M, revenue +68% to $348.4M, DAUq 97.2M (+47%)
GAAP net income of $29.9M vs loss of $7.4M YoY; first GAAP-profitable quarter.
Reddit Q2 revenue $281.2M (+54% YoY); first positive Adjusted EBITDA of $39.5M
DAUq hit 91.2M (+51% YoY); WAUq 342.3M (+57% YoY)
Reddit Q1 revenue $243M (+48% YoY), DAUq 82.7M (+37%), first profitable Adjusted EBITDA quarter
Revenue $243.0M (+48% YoY); advertising revenue $222.7M (+39% YoY); other revenue $20.3M (+450% YoY).
Reddit corrects IPO gross proceeds to $631.6M in 8-K/A amendment
Original 8-K reported $600.0M gross proceeds; corrected to $631,601,918.
Reddit completes IPO of 25.3M shares at $34.00, gross proceeds $600M
Company sold 18.6M shares; selling stockholders sold 6.7M shares (including full underwriter option).
On August 12, 2026, Benjamin Lee notified Reddit, Inc. (“Reddit”) of his intention to step down as Reddit’s Chief Legal Officer and Corporate Secretary, effective September 14, 2026.
In connection with Mr. Lee's resignation, Reddit expects to appoint Paul Cappuccio as Reddit's Chief Legal Officer and Corporate Secretary.
On May 2, 2024, the Board of Directors of Reddit (the “Board”) appointed Sarah Farrell, Managing Partner of Waygrove Partnership, to the Board.
Max materiality 0.90 · Median 0.82 · Most common event earnings