Reddit, Inc. (RDDT) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.416 Good afternoon. My name is Krista, and I will be your conference operator today. 00:00:04.416 -- 00:00:09.502 At this time, I would like to welcome everyone to Reddit's first quarter 2026 00:00:09.502 -- 00:00:14.668 earnings call. All lines have been placed on mute to prevent any background 00:00:14.668 -- 00:00:19.814 noise. After the speaker's remarks, there will be a question and answer session. 00:00:19.814 -- 00:00:24.540 If you would like to ask a question during this time, simply press star, then the number 00:00:24.540 -- 00:00:29.185 one on your telephone keypad. If you would like to withdraw your question, again, press 00:00:29.185 -- 00:00:34.545 star one. Thank you. I would now like to turn the call over to Jesse Rose, 00:00:34.545 -- 00:00:40.429 Head of Investor Relations. Jesse, you may begin your conference. 00:00:40.992 -- 00:00:46.478 Thanks, Krista. Hi, everyone. Welcome to Reddit's first quarter 2026 earnings call. 00:00:46.478 -- 00:00:52.244 Joining me are Steve Huffman, Reddit's co-founder and CEO, Jen Wong, Reddit COO, 00:00:52.244 -- 00:00:57.029 and Drew Valero, Reddit CFO. I'd like to remind you that our remarks today will include 00:00:57.029 -- 00:01:00.494 forward-looking statements, and actual results may vary. 00:01:00.494 -- 00:01:04.659 Information concerning risks and other factors that could cause these results to vary 00:01:04.659 -- 00:01:07.583 is included in our SEC filings. 00:01:07.583 -- 00:01:12.308 These forward-looking statements represent our outlook only as of the date of this call, 00:01:12.308 -- 00:01:15.893 and we undertake no obligation to update any forward-looking statements. 00:01:15.893 -- 00:01:19.517 During this call, we will discuss both GAAP and non-GAAP financials. 00:0...