RDDT Q2 2026 — Preliminary Earnings Alert
Event: Quartr Q2 2026 event Retrieved: 2026-07-30T20:16:34Z Source status: Earnings release and shareholder letter available; transcript unavailable.
Beat/Miss
Beat/miss unavailable — API Ninjas definition or period mismatch. API Ninjas returned a July 30 row with $731.0 million estimated revenue and $0.949 estimated EPS, but it did not provide fiscal-period, revenue-definition, or EPS-basis metadata. The approved metric-profile file has no RDDT validation, so no comparison is shown.
Reported results and guidance
- Revenue was $805 million, up 61% year over year; ad revenue was $762 million and other revenue $43 million.
- Diluted EPS was $1.25; net income was $253 million and adjusted EBITDA was $343 million (43% margin).
- DAUq averaged 130.3 million (+18%) and WAUq reached 514.6 million (+24%).
- Q3 revenue guidance is $860–$870 million and adjusted EBITDA guidance is $385–$395 million.
Management points
- Management highlighted sustained advertising momentum and the value of Reddit's community data in an increasingly automated web.
- The company repurchased $235 million of stock during Q2 and ended the quarter with $2.8 billion of cash, cash equivalents, and marketable securities.
Decision-relevant uncertainty
- The key watch item is whether the elevated advertising-growth and profitability trajectory remains durable as Reddit scales its commercial platform.