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RE

Reddit, Inc. (RDDT)

NYSE • Communication Services

$147.85
-$1.68 (-1.1%)
Market closed

Last close at October 2, 2026 at 20:00 UTC

Open$149.78
Day Range$144.96 - $151.12
Avg. Volume (3M)4.7M
Market Cap$28.4B
P/E Ratio32.4
52 Week Range
$119.27$263.5
Next EarningsIn 26 daysOct 29, 2026

Metrics Over Time

Where the Money Goes

Q2 2026
Revenueeverything earned$804.9M100%
Gross Profitminus cost of goods$734.5M91%
Operating Incomeminus R&D and overhead$231.7M29%
Net Incomeminus taxes and the rest$252.8M31%

In plain terms: out of every $100 in revenue, Reddit, Inc. keeps $31 as net profit.

Fundamentals & Financials

Revenue (TTM)
$2.7B
Net Income (TTM)
$871M
EPS (TTM)
$4.57
ROA (TTM)
23.95%
Current Ratio
10.49

TTM is calculated as the sum of the four most recently completed quarters. This is a standard approach when monthly or real-time data is not available.

Earnings

+32.3%Q1 2026$1.24
+77.5%Q2 2026$1.01
+31.7%Q3 2026$1.25
Next

Oct 29

in 26 daysQ4 2026

% — EPS deviation from the forecast (beat / miss); quarters without a forecast show the reported EPS

Latest report — Q3 2026
Beat +31.7%

Reddit topped consensus on both revenue and adjusted EPS in the second fiscal quarter of 2026, reported on July 30, based on preliminary results. Revenue rose 61.1% to about $804.9 million, above roughly $731.0 million expected and up from $499.6 million a year ago, as advertising revenue led at about $624.7 million, up 74.2%. Adjusted EPS came in at $1.25 versus a $0.95 estimate, about 31.7% above consensus, while net income climbed 183.2% to about $252.8 million from $89.3 million a year earlier. Gross margin held near 91.3% and operating margin was about 28.8%, with operating income around $231.7 million. Operating cash flow was about $261.9 million, and the company repurchased about $234.6 million of stock. Consensus for the next period calls for EPS of $1.26 on revenue of $828.4 million.

Next report — what to expect

Reddit, Inc. (RDDT) reports next on October 29, 2026. Wall Street is looking for consensus EPS of $1.30 on consensus revenue of $872.4 million. For trailing context, revenue rose +61.1% year over year last quarter. Reddit has beaten EPS in 7 of 8 most recent quarters.

View full earnings history

About Reddit, Inc.

Reddit, Inc. (NYSE: RDDT) operates an internet-based service in the communication services sector, centered on online communities and user discussions. Within Internet Content & Information, the company generated $2.2 billion in FY2025 revenue. Reddit has been publicly traded since March 2024 and remains a controlled subsidiary of Advance Publications, Inc.

Name
Reddit, Inc.
CEO
Steven Ladd Huffman
Industry
Communication Services
Year Founded
2005
Employees
2,555

Today's Snapshot

AI-generated

RDDT closed 1.2% below yesterday's close, while its sector was flat. Trading was lighter than usual, with volume about two-thirds of its usual level. Reddit announced plans to end public API access, limiting how outside developers use its content.

Trading Volume

Below 10d avg (4.2M)

2.7M

vs S&P 500 Today

Underperforming Market

-1.94%

Updated: October 2, 2026 at 20:08 UTC

Technical Indicators

0 Buy2 Neutral6 Sell
RDDT's technicals are tilted toward a Strong Sell, with the stock below its short, medium and long moving averages and momentum indicators such as MACD and short‑term momentum negative. RSI sits in the mid‑40s and ADX is muted around 7, suggesting weak directional conviction, while ATR is elevated near 5 percent and signals higher volatility on declines. On‑balance volume is strongly negative, which complements the price weakness, and the classic pivot is essentially at current price offering little support. Technical takeaway: selling pressure dominates amid weak trend strength and rising volatility.
All signals
  • EMA (5 indicators)$148.93 - $171.20
    Sell
  • RSI (14)45.61
    Neutral
  • Stochastic %K (14, 3, 3)22.05
    Neutral
  • MACD Level (12, 26)-3.03
    Sell
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