Reddit, Inc. (RDDT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.714 call over to Jesse Rose, Head of Investor Relations. 00:00:02.714 -- 00:00:05.156 You may begin your conference. 00:00:05.156 -- 00:00:09.760 Hi, everyone. Welcome to Reddit's third quarter 2025 earnings call. 00:00:09.760 -- 00:00:14.865 Joining me are Steve Huffman, Reddit's co-founder and CEO, Jen Wong, Reddit COO, and 00:00:14.865 -- 00:00:20.010 Drew Valero, Reddit CFO. I'd like to remind you that our remarks today will include forward-looking 00:00:20.010 -- 00:00:25.094 statements and actual results may vary. Information concerning risks and other factors 00:00:25.094 -- 00:00:29.697 that could cause these results to vary is included in our SEC filings. 00:00:29.697 -- 00:00:34.182 These forward-looking statements represent our outlook only as of the date of this call. 00:00:34.182 -- 00:00:38.686 We undertake no obligation to update any forward-looking statements. 00:00:38.686 -- 00:00:42.871 During this call, we will discuss both GAAP and non-GAAP financials. 00:00:42.871 -- 00:00:47.956 Reconciliation of GAAP to non-GAAP financials can be found in our letter to shareholders. 00:00:47.956 -- 00:00:52.641 Our third quarter letter to shareholders and earnings press release are available on 00:00:52.641 -- 00:00:56.705 our Investor Relations website and Investor Relations subreddit. 00:00:56.705 -- 00:00:58.887 And now I'll turn the call over to Steve. 00:00:58.887 -- 00:01:02.717 Thanks, Jesse. Hi, everyone. Thank you for joining our earnings call. 00:01:02.717 -- 00:01:07.362 Q3 was a strong quarter for Reddit, with differentiated results and solid execution across 00:01:07.362 -- 00:01:12.849 product, growth, and revenue. We ended the quarter with 116 million DAUQ 00:01:12.849 -- 00:01:14.751 and 444 00:01:14.751 -- 00:01:...