Revenue surged 61% year over year with profitability metrics more than doubling.
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Reddit (NYSE:RDDT) reported second-quarter revenue growth of 61% as advertising sales rose 64%, while executives said the company is prioritizing product improvements intended to convert more weekly visitors into daily, direct users amid volatility in search referrals. Total revenue reached $805 mi
Reddit Shares Sink Despite Earnings Beat as AI Search Threat Takes Center Stage
Reddit Inc (NYSE:RDDT) shares fell about 21% on Friday morning after management warned of volatility in search traffic and raised concerns among investors about potential pressure from artificial intelligence-powered search tools, despite reporting second quarter results that exceeded Wall...
Reddit highlights AI opportunities, ad growth and product upgrades as it targets stronger user engagement and long-term growth.
Reddit Inc (RDDT) posts 61% revenue growth and $1M per employee milestone, but navigates search volatility and US DAU declines.
Moby summary of Reddit, Inc.'s Q2 2026 earnings call
Revenue surged 61% year over year with profitability metrics more than doubling.
On Thursday, Reddit stock fell despite the social media company posting Q2 results ahead of earnings sand sales estimates.
Reddit has become the voice of the internet. Why the future of AI could depend on the company’s success.
KeyBanc expects Reddit’s investments in community engagement and advertising monetization to create a durable business capable of generating annual revenue growth above 30%.
Reddit reported that advertising revenue was up more than 70%.
Reddit (NYSE:RDDT) opened 2026 with what executives repeatedly characterized as a standout quarter, highlighting rapid revenue growth alongside expanding profitability and cash generation. Management pointed to continued momentum in advertising, early traction from new performance products like Redd