Reddit (RDDT) Company Report

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Nov 24, 2025, 10:09 AM

Bloomberg

Reddit Reports Strong Q3 2025 Financial Results and Positive Q4 Outlook

RDDT

Earnings

Guidance Update

Revenue Acceleration/Inflection

Reddit reported Q3 2025 revenue of $585 million, marking a 68% year-over-year increase, primarily driven by a 74% surge in advertising revenue. The company achieved a net income of $163 million and an adjusted EBITDA margin of 40%.
Daily Active Uniques grew 19% to 116 million, with international user growth outpacing U.S. growth, and the number of active advertisers increased by 75%.
Reddit's AI-powered advertising tools and its valuable content library for AI training data have contributed to growth, leading to licensing agreements with Google and OpenAI. The company ended Q3 2025 with $2.23 billion in cash, cash equivalents, and marketable securities.
For Q4 2025, Reddit projects revenue between $655 million and $665 million and adjusted EBITDA between $275 million and $285 million.

Oct 31, 2025, 5:34 AM

Bloomberg

Reddit Reports Strong Q3 2025 Results with Significant Revenue and Profitability Growth

RDDT

Earnings

Guidance Update

Revenue Acceleration/Inflection

Reddit reported strong Q3 2025 financial results, with revenue reaching $585 million, a 68% year-over-year increase, and achieving GAAP net income of $163 million (28% net margin) and adjusted EBITDA of $236 million (40% adjusted EBITDA margin).
The company saw continued user growth, with Daily Active Unique Users (DAUQ) at 116 million and Weekly Active Unique Users (WAUQ) at 444.444 million, both growing approximately 20% year over year. Reddit is also recognized as the number three most visited site in the U.S..
Growth was driven by a 74% year-over-year increase in advertising revenue to $549 million and a 41% rise in Average Revenue Per User (ARPU) to $5.04. The active advertiser count expanded by over 75% year over year.
Reddit provided optimistic Q4 2025 guidance, projecting revenue between $655 million and $665 million (midpoint 54% year-over-year growth) and adjusted EBITDA between $275 million and $285 million (midpoint 42% adjusted EBITDA margin).

Oct 30, 2025, 9:00 PM

Transcript

Reddit Announces Third Quarter 2025 Results and Provides Q4 2025 Guidance

RDDT

Earnings

Guidance Update

Revenue Acceleration/Inflection

Reddit, Inc. reported Q3 2025 revenue of $585 million, a 68% year-over-year increase.
Net income for the quarter was $163 million, with diluted EPS of $0.80.
Adjusted EBITDA reached $236 million, achieving a 40.3% margin.
Daily Active Uniques (DAUq) grew 19% year-over-year to 116.0 million.
For Q4 2025, the company estimates revenue in the range of $655 million to $665 million and Adjusted EBITDA between $275 million and $285 million.

Oct 30, 2025, 8:08 PM

8-K

Reddit Announces Third Quarter 2025 Results

RDDT

Earnings

Guidance Update

Revenue Acceleration/Inflection

Reddit announced strong Third Quarter 2025 results, with revenue growing 68% year-over-year to $585 million and net income of $163 million.
The company reported diluted EPS of $0.80 and Adjusted EBITDA of $236 million, representing 40% of revenue.
Daily Active Uniques (DAUq) increased 19% year-over-year to 116.0 million.
For the fourth quarter of 2025, Reddit projects revenue in the range of $655 million to $665 million and Adjusted EBITDA between $275 million and $285 million.

Oct 30, 2025, 8:07 PM

Press Release

Reddit Reports on Canadian Gaming Regulatory Changes and Impact

RDDT

New Projects/Investments

Revenue Acceleration/Inflection

Between 2023 and 2025, Canadian gaming regulators, particularly Ontario's iGaming Ontario (iGO), formalized definitions for "free spins no deposit" and similar promotions, mandating clear disclosures like bonus value, wagering multiples, and expiry dates to enhance transparency and consumer protection.
This regulatory framework has led to significant improvements, including a 45% reduction in disputes and a 64% decrease in complaint rates since 2023, while also boosting user trust and bonus-to-deposit conversion by 43%.
The integration of technology such as smart-contract systems and AI has become central to compliance, facilitating automated audits, real-time reporting, and proactive responsible-play monitoring, with a future vision of "regulation as code" by 2026.
The increased transparency has also yielded economic benefits for operators, including a 32% reduction in customer support costs and a 21% increase in active retention after 90 days.

Oct 18, 2025, 6:28 PM

Press Release

Reddit's SweepstakesTable.com Releases 2025 Analysis of New US Online Casinos

RDDT

New Projects/Investments

Revenue Acceleration/Inflection

Product Launch

SweepstakesTable.com's 2025 analysis indicates 52 brand new online casino platforms launched for US players in 2024-2025, with this segment now accounting for 12% of total US online gaming revenue, up from 7% in 2023.
This market expansion is driven by licensed new casino launches in regulated states (up 23% year-over-year), offshore new casino launches (up 41%), and sweepstakes casino new entrants (expanded 38% in 2025).
New operators are increasingly leveraging AI for personalized bonus offerings and player protection, with 38% integrating AI-based systems in 2025 and adoption projected to exceed 70% within two years. They are also using blockchain for transparency in game outcomes and bonus distributions.
Player preferences for new casinos highlight bonus transparency (79%) and withdrawal speed (71%) as key factors. The US market operates under a state-by-state model, with six fully licensed online casino markets as of 2025.

Sep 12, 2025, 2:32 PM

Press Release

TransPerfect Acquires Unbabel

RDDT

M&A

TransPerfect, a provider of language and AI solutions, acquired Unbabel, a market leader in language AI, on August 22, 2025.
Unbabel is a pioneer in translation AI, known for its flagship language model, TowerLLM, and COMET, an industry benchmark for evaluating machine translation quality.
The acquisition aims to integrate Unbabel's technology into TransPerfect's GlobalLink® portfolio, strengthening TransPerfect's position as a leader in AI-driven global content solutions.
Financial terms of the transaction were not disclosed.

Aug 22, 2025, 3:22 PM

Press Release

Class Action Lawsuit Commenced Against Reddit

RDDT

Legal Proceedings

Demand Weakening

Guidance Update

Bragar Eagel & Squire, P.C. has commenced a class action lawsuit against Reddit, Inc. (NYSE:RDDT).
The class period for the lawsuit is from October 29, 2024, to May 20, 2025, with a lead plaintiff deadline of August 18, 2025.
The complaint alleges that Reddit made false and misleading statements by failing to disclose that changes in Google Search's AI features were materially reducing user traffic, which impacted the company's outlook on user rates and advertising revenues.
Reddit's stock price declined following its May 1, 2025, earnings release, which revealed three consecutive quarters of deceleration in daily active user growth, and subsequent analyst downgrades on May 19, 2025, and May 21, 2025, citing concerns over Google AI's impact.

Aug 2, 2025, 2:57 PM

Press Release

Reddit Reports Strong Q2 Growth Driven by Advertising and International Expansion

RDDT

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Reddit reported a strong Q2 with advertising revenue growing 84% year-over-year and active advertisers increasing by 50% year-over-year, alongside 21% user growth [0:30][0:38].
The company attributes this performance to its strategic investments in enhancing marketer value and expanding its sales team [1:06][1:25].
International revenue, which constitutes approximately 20% of total revenue, saw advertising revenue grow over 70% in the quarter, particularly in Europe and EMEA [5:05].
Reddit is pursuing future monetization opportunities through its new Reddit Answers and search experience, which integrates an LLM, and remains open to further data licensing deals for large language models [2:07][3:43].

Aug 1, 2025, 7:09 PM

Bloomberg Technology

Earnings Transcripts

Quarterly earnings call transcripts for Reddit.

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