Reddit's total revenues reached $663 million in the first quarter of 2026, reflecting a 69% year-over-year increase and a 74% rise in advertising revenue. This performance marks the seventh consecutive quarter of revenue growth above 60%, fueled by robust demand in its advertising sector. However, the company's stock (RDDT) has plummeted 32.4% year-to-date, with nearly a 10% drop in just one day, leading to a cautious outlook from analysts as Reddit prepares to release its full year 2025 financial results on February 5.
“Reddit · reported total revenues of · $663 million · first quarter of 2026”
“Reddit · has · 69% year over year revenue growth · true”
“Reddit · has · 74% growth in advertising revenue · to $625 million”
“Reddit · renewal of its content licensing deal with · Alphabet's Google · isn't due until”
“Reddit RDDT · is benefiting from · strong demand in its advertising business · true”
“Reddit · reported total revenues of · $663 million · first quarter of 2026”
“Reddit · advertising revenue growing · 74% to $625 million · first quarter of 2026”
“Reddit · has achieved · seventh consecutive quarter of revenue growth above 60% · true”
“RDDT shares · have plunged · 32.4% in the year-to-date period · true”
“RDDT · has a forward 12-month Price/Sales of · 8.45X · true”
“Reddit · is down · 4.97% over the past day · true”
“Reddit · is down · 7.85% over the past week · true”
