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Reddit 10-Q Filings

RDDT NYSE

Every 10-Q that Reddit (RDDT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow RDDT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RDDT filings page.

Rhea-AI Summary

Reddit, Inc. delivered strong Q2 2026 results, with revenue of $804.9 million, up 61% year over year, driven mainly by higher ad pricing (about 40%) and a 17% increase in ad impressions. Net income reached $252.8 million, a 31% margin, and Adjusted EBITDA was $342.8 million.

Global engagement rose, as daily active uniques (DAUq) hit 130.3 million, up 18%, and ARPU increased 36% to $6.18, supported by especially strong U.S. ARPU of $11.85. Cash, cash equivalents, and marketable securities totaled $2.8 billion, alongside $494.4 million of unused revolving credit capacity.

Free Cash Flow in the quarter was $260.7 million, and 1.5 million Class A shares were repurchased for $239.6 million under a $1.0 billion authorization. The company also entered an $880.0 million multi-year AWS cloud commitment and faces a UK GDPR penalty notice including a GBP £14.5 million fine under appeal, in addition to ongoing securities litigation.

Rhea-AI Summary

Reddit, Inc. reported strong first-quarter 2026 results with revenue of $663.4 million, up 69% year-over-year, driven mainly by advertising growth. Net income rose to $204.0 million from $26.2 million, reflecting operating leverage as gross margin improved to 91.5% and operating expenses grew more slowly than revenue.

Daily Active Uniques reached 126.8 million, up 17% year-over-year, while ARPU increased 44% to $5.23, supported by roughly 32% higher ad impressions and about 32% higher ad pricing. Cash, cash equivalents, and marketable securities totaled $2.8 billion, with Free Cash Flow of $311.2 million. The company also authorized a $1.0 billion share repurchase program and bought back $5.0 million of Class A shares. Disclosed risks include ongoing securities litigation and a £14.5 million UK data protection penalty that Reddit is appealing.

Rhea-AI Summary

Reddit, Inc. reported strong third-quarter 2025 results. Revenue was $584.9 million for the three months ended September 30, 2025, up 68% year over year, driven by higher ad impressions and pricing. Net income reached $162.7 million versus $29.9 million a year ago, and gross margin improved to 91.0% from 90.1%.

User and monetization metrics also advanced. Daily Active Uniques were 116.0 million, up 19% year over year, while ARPU rose 41% to $5.04. Adjusted EBITDA was $236.0 million compared to $94.1 million a year ago, reflecting operating leverage as revenue scaled. Operating cash flow was $185.2 million, and Free Cash Flow was $183.1 million in the quarter. Cash, cash equivalents, and marketable securities totaled $2.2 billion as of September 30, 2025, providing ample liquidity alongside a $500.0 million revolving credit facility with $494.6 million available.

  • United States revenue for the quarter: $479.6 million; Rest of world: $105.3 million
  • Nine-month revenue: $1.48 billion, up from $872.5 million
  • Shares outstanding as of October 28, 2025: 137,824,835 Class A; 51,670,930 Class B