Reddit, Inc. (RDDT) Q2 2025 Earnings Call

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WEBVTT 00:00:00.790 -- 00:00:04.915 Good afternoon. My name is Krista, and I will be your conference operator today. 00:00:04.915 -- 00:00:10.962 At this time, I would like to welcome everyone to Reddit's second quarter 2025 earnings 00:00:10.962 -- 00:00:15.707 call. All lines have been placed on mute to prevent any background noise. 00:00:15.707 -- 00:00:19.031 After the speaker's remarks, there will be a question and answer session. 00:00:19.031 -- 00:00:23.917 If you would like to ask a question during this time, simply press star followed by the 00:00:23.917 -- 00:00:28.282 number one on your telephone keypad. And if you would like to withdraw your question, 00:00:28.282 -- 00:00:33.507 press the star one again. Thank you. I would now like to turn the call over 00:00:33.507 -- 00:00:36.650 to Jesse Rose, Head of Investor Relations. 00:00:36.650 -- 00:00:39.932 Jesse, you may begin your conference. 00:00:39.953 -- 00:00:44.778 Hi, everyone. Welcome to Reddit's second quarter 2025 earnings fall. 00:00:44.778 -- 00:00:50.583 Joining me are Steve Huffman, Reddit's co-founder and CEO, Jen Wong, Reddit COO, 00:00:50.583 -- 00:00:55.688 and Drew Valero, Reddit CFO. I'd like to remind you that our remarks today 00:00:55.688 -- 00:00:59.549 will include forward-looking statements, and actual results may vary. 00:00:59.549 -- 00:01:03.735 Information concerning risks and other factors that could cause these results to vary 00:01:03.735 -- 00:01:06.979 is included in our SEC filings. 00:01:06.979 -- 00:01:11.646 These forward-looking statements represent our outlook only as of the date of this call, 00:01:11.646 -- 00:01:15.811 and we undertake no obligation to update any forward-looking statements. 00:01:15.811 -- 00:01:19.877 During this call, we will discuss both GAAP a...