Business
Reddit Announces Third Quarter 2025 Results
SAN FRANCISCO, October 30, 2025--Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended September 30, 2025. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com.
About this update from Reddit, Inc.
Daily Active Uniques ("DAUq") increased 19% year-over-year to 116.0 million Revenue grew 68% year-over-year to $585 million Gross margin expanded year-over-year to 91.0% Net income of $163 million, 28% of revenue. Diluted EPS of $0.80 Adjusted EBITDA1 of $236 million, 40% of revenue Operating cash flow of $185 million Fully diluted shares of 206.1 million, down both sequentially and year-over-year SAN FRANCISCO, October 30, 2025--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended September 30, 2025. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com. "Reddit provides something rare on the Internet," said Steve Huffman, Reddit Co-Founder and CEO. "444 million people come here each week for authentic conversations they can’t find anywhere else, and increasingly, for engagement with brands, institutions and publishers." Third Quarter 2025 Financial Highlights Financial Outlook The guidance provided below is based on Reddit’s current estimates and is not a guarantee of future performance. This guidance is subject to significant risks and uncertainties that could cause actual results to differ materially, including the risk factors discussed in Reddit’s reports on file with the Securities and Exchange Commission (the "SEC"). Reddit undertakes no duty to update any forward-looking statements or estimates, except as required by applicable law. As we look ahead, we will share our internal thoughts on revenue and Adjusted EBITDA for the fourth quarter. In the fourth quarter of 2025, we estimate: Earnings Conference Call Information and Community Update Reddit will host a conference call to discuss the results for the third quarter of 2025 on Thursday, October 30, 2025, at 2:00 p.m. PT / 5:00 p.m. ET. A live webcast of the call can be accessed on Reddit’s Investor Relations website at https://investor.redditinc.com and investor relations subreddit, r/RDDT, at https://www.reddit.com/r/RDDT/. A replay of the webcast and transcript will be available on the same websites following the conclusion of the conference call. Reddit will solicit questions from the community in the investor relations subreddit, r/RDDT, at https://www.reddit.com/r/RDDT/ on Thursday, Octo...