Reddit News - May 2026
Reddit Crushed Q1 With 69% Revenue Growth — but Can a $1 Million Capex Company Really Sustain a Premium Valuation?
Shares of Reddit surged past $173 after a Q1 earnings report that obliterated Wall Street estimates on nearly every line, raising a pointed question: how long...
Reddit's first quarter 2026 revenue surged 69% year-over-year, driven by strong user growth.
Reddit reported first quarter revenue of $663 million, up 69% year-over-year, with a diluted EPS of $1.01. Daily Active Uniques (DAUq) grew 17% to 126.8...
Reddit Shares Surge, Beating Sales and User Estimates in First Post-IPO Report
Reddit surpassed analyst expectations for revenue and user growth in its first quarterly earnings report as a public company. First-quarter revenue surged 69%...