Form 10-Q · Quarterly report
Reddit 10-Q, filed Oct 30, 2026
- Filed
- CIK
- 0001713445
- Accession no.
- 0001713445-26-000116
Summary
Reddit reported third-quarter 2026 revenue of $895.0 million, up 53% year-over-year, net income of $283.3 million versus $162.7 million a year earlier, and 130.3 million daily active uniques, up 12%. The company said U.S. daily active uniques fell 2% year-over-year and were down 5% from the prior quarter, while rest-of-world uniques grew 24%, attributing the U.S. trend to third-party search engine changes and AI-generated search summaries.
Key points
- Adjusted EBITDA was $402.3 million for the quarter, compared with $236.0 million a year earlier.
- Average revenue per unique rose 36% year-over-year to $6.87, with U.S. ARPU at $13.82 and rest-of-world ARPU at $2.43.
- Free cash flow was $362.6 million, and cash, cash equivalents and marketable securities totaled $3.0 billion as of September 30, 2026.
- Reddit reversed a planned discontinuation of logged-in and logged-out DAUq reporting, citing increased volatility in referral traffic from third-party search.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our unaudited consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q and our audited consolidated financial statements and the related notes and the discussion under the heading “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in our Annual Report on Form 10-K for the year ended December 31, 2025 (the “Annual Report”). …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.