Reddit, Inc.: Beat — EPS $1.40, Revenue $894.96M
Earnings BeatQ3 2026 · After-market
Did Reddit, Inc. (RDDT) beat earnings today?
Yes, Reddit, Inc. (RDDT) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+5.26% surprise
$1.40Actual
Expected: $1.33
vs. year ago +75.0%
Total Revenue+2.29% surprise
$894.96MActual
Expected: $874.91M
vs. year ago +53.0%
Released Oct 29 · 4:07 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $894.96M | $584.91M | +53.0% |
| Revenue detail — reported lines | |||
| └─U.S. | $718.90M | $479.60M | +50.0% |
| └─International | $176.10M | $105.30M | +67.0% |
| └─Ad revenue | $847.00M | - | +54.0% |
| └─Other revenue | $48.00M | - | +35.0% |
| Net Income | $283.26M | $162.66M | +74.0% |
| GAAP Basic EPS | $1.47 | $0.87 | +69.0% |
| GAAP Diluted EPS | $1.40 | $0.80 | +75.0% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | Full Year Outlook |
|---|---|---|
| Revenue | $1,000M-$1,030M | — |
| Adjusted EBITDA | $480M-$510M | — |
Business Highlights
- ➤Global DAUq reached 130.3 million, with international DAUq growing 24% year-over-year.
- ➤Global WAUq reached 515.2 million; international WAUq grew 28% year-over-year.
- ➤Logged-in DAUq and App DAUq grew quarter-over-quarter in the U.S. and RoW.
- ➤Reddit repurchased approximately 670 thousand Class A shares during the quarter.
- ➤Reddit was added to the S&P 500 index.
- ➤Reddit will solicit community questions through the r/RDDT investor-relations subreddit.
- ➤Reddit uses executive user accounts and r/RDDT/r/reddit for Regulation FD disclosures.
- ➤The platform contains 27+ billion posts and comments across communities.
Management Commentary
Steve Huffman, Founder and CEO of Reddit
“Our business is growing because the Reddit experience captures the human experience in a way that no other platform can replicate. Surpassing $3B of revenue over the last 12 months shows Reddit’s strength as a destination and the differentiated value of our platform.”