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Q2 2026 earnings • released • EPS beat +22.48% • Revenue beat +10.10%
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RDDT:NYSE
Reddit
$140.67
-20.99%
(-37.37) 1D
$141.77
+0.78% (+1.10)
Pre-market
Closed: Jul 31, 4:04:27 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for RDDT...
Open
$147.70
High
$151.38
Low
$135.22
Mkt. cap
27.08B
Avg. vol.
4.41M
Volume
49.30K
P/E ratio
32.73
52-wk high
$282.95
52-wk low
$119.27
EPS
$4.30
Shares outstanding
141.97M
No. of employees
3K
Open
$147.70
High
$151.38
Low
$135.22
Mkt. cap
27.08B
Avg. vol.
4.41M
Volume
49.30K
P/E ratio
32.73
52-wk high
$282.95
52-wk low
$119.27
EPS
$4.30
Shares outstanding
141.97M
No. of employees
3K
News stories
From sources across the web
About Reddit
CEOSteve Huffman
Employees2.56K
FoundedJun 23, 2005
HeadquartersSan Francisco, California, United States
SectorInteractive media
Websiteredditinc.com
Analyst ratings
Based on 23 analysts giving stock ratings to RDDT in the past 3 months
Buy
Buy
14
Hold
9
Sell
0
12-month forecast
Based on 23 Wall Street analysts offering 12 month price targets for RDDT in the last 3 months.
Highest
Current $140.67
$300.00 (+113.27%)
Average
$216.95 (+54.23%)
Lowest
$142.00 (+0.95%)
Analyst
Recommendation
Action
Price target
Projected
Date
Rohit Kulkarni
Roth MKM
Hold
Maintained
$145.00
+3.1%
08/02/2026
Wyatt Swanson
D.A. Davidson
Buy
Maintained
-
-
07/31/2026
Naved Khan
B. Riley Securities
Buy
Maintained
$270.00
+91.9%
07/31/2026
Benjamin Black CFA
Deutsche Bank
Buy
Reiterated
$200.00
+42.2%
07/31/2026
Eric Sheridan
Goldman Sachs
Hold
Maintained
$215.00
+52.8%
07/31/2026
Brad Erickson
RBC Capital
Hold
Reiterated
$250.00
+77.7%
07/31/2026
Jason Helfstein
Oppenheimer
Buy
Maintained
$200.00
+42.2%
07/31/2026
Deepak Mathivanan
Cantor Fitzgerald
Hold
Reiterated
$170.00
+20.9%
07/31/2026
Ygal Arounian
Wedbush
Buy
Maintained
$221.00
+57.1%
07/31/2026
Colin Sebastian
Robert W. Baird
Hold
Maintained
$185.00
+31.5%
07/31/2026
Youssef Squali
Truist Financial
Buy
Maintained
$275.00
+95.5%
07/31/2026
Alec Brondolo
Wells Fargo
Hold
Maintained
$142.00
+0.9%
07/31/2026
Brian Nowak
Morgan Stanley
Buy
Maintained
$240.00
+70.6%
07/31/2026
Doug Anmuth
J.P. Morgan
Hold
Maintained
$185.00
+31.5%
07/31/2026
Thomas Champion
Piper Sandler
Buy
Reiterated
$195.00
+38.6%
07/31/2026
Laura Martin
Needham
Buy
Maintained
$300.00
+113.3%
07/31/2026
Justin Post
Bank of America Securities
Hold
Maintained
$190.00
+35.1%
07/31/2026
Mark Mahaney
Evercore ISI
Buy
Reiterated
$265.00
+88.4%
07/31/2026
Justin Patterson
KeyBanc
Buy
Maintained
$225.00
+59.9%
07/31/2026
Mark Shmulik
Bernstein
Hold
Maintained
$190.00
+35.1%
07/21/2026
John Colantuoni
Jefferies
Buy
Maintained
$250.00
+77.7%
07/16/2026
Alan Gould
Loop Capital Markets
Buy
Maintained
$260.00
+84.8%
06/04/2026
Serena Yi Qi Lim
Phillip Securities
Buy
Maintained
$200.00
+42.2%
05/06/2026
Josh Beck
Raymond James
Buy
Maintained
$225.00
+59.9%
05/01/2026
Ken Gawrelski
Wells Fargo
Hold
Reiterated
$176.00
+25.1%
05/01/2026
Andrew Boone
Citizens JMP
Buy
Maintained
$240.00
+70.6%
05/01/2026
Joseph Barker
Rothschild & Co Redburn
Sell
Maintained
$110.00
-21.8%
04/27/2026
Unknown Analyst
Rothschild & Co Redburn
Sell
Maintained
$110.00
-21.8%
04/27/2026
Ronald Josey
Citi
Buy
Maintained
$245.00
+74.2%
02/09/2026
Michael Morris
Guggenheim
Buy
Maintained
$255.00
+81.3%
02/05/2026
Last report
Jul 30, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$1.77 / $1.45
+22.48%beat
Revenue / Est. (USD)
804.90M / 731.07M
+10.10%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
584.91M
725.61M
663.41M
804.90M
Cost of goods sold
52.51M
58.72M
56.27M
70.31M
Cost of revenue
52.51M
58.72M
56.27M
70.31M
Research and development expenses
190.34M
195.84M
199.98M
231.28M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
193.47M
233.33M
213.74M
271.60M
Operating expense
393.86M
435.06M
424.23M
502.88M
Total operating expenses
446.37M
493.78M
480.50M
573.19M
Operating income
138.54M
231.83M
182.91M
231.72M
Other non operating income
-270.00K
43.00K
-1.07M
25.12M
EBT including unusual items
160.58M
254.82M
205.73M
256.84M
EBT excluding unusual items
160.58M
254.82M
205.73M
256.84M
Income tax expense
-2.09M
3.22M
1.75M
3.99M
Effective tax rate
-1.30%
1.26%
0.85%
1.55%
Other operating expenses
10.05M
5.89M
10.51M
-
Net income
162.66M
251.60M
203.98M
252.85M
Net profit margin
27.81%
34.67%
30.75%
31.41%
Earnings per share
1.26
1.68
1.40
1.77
Interest and investment income
22.30M
22.95M
23.88M
-
Interest expense
-
-
-
-
Net interest expenses
22.30M
22.95M
23.88M
-
Depreciation and amortization charges
-
-
-
-
EBITDA
142.44M
235.98M
187.12M
235.97M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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