$RDDT

Reddit GAAP EPS of $0.45 beats by $0.26, revenue of $500M beats by $74.03M

Jul. 31, 2025

Reddit press release (NYSE:RDDT): Q2 GAAP EPS of $0.45 beats by $0.26.

Revenue of $500M (+77.8% Y/Y) beats by $74.03M.

In the third quarter of 2025, we estimate:
Revenue in the range of $535 million to $545 million
Adjusted EBITDA2 in the range of $185 million to $195 millionReddit's results topper, robust forecast drives shares higher

Reddit (NYSE:RDDT) is soaring in double-digit percentages after the social media company provided a strong forecast and reported a double beat for its second-quarter earnings.RDDT is up 20% at $192.72 on Thursday after the bell.For the third quarter, Reddit expects revenue between $535M and $545M and adjusted EBITDA in the $185M-$195M range, ahead of the Bloomberg consensus estimate of $472.7M for revenue and $159.5M for adj. EBITDA. In Q2, the company saw daily active unique users rise 21% from last year to 110.4M, ahead of the 109.75M estimate, driven mainly by product improvements and increased marketing activity.Average revenue per user was $4.53, up 47% from last year, and ahead of the $3.88 estimate. U.S. and international ARPUs also beat estimates. Free cash flow during the quarter was $110.8M, up from $27.2M reported last year. Net income for the three months ended June 30 was $89M, compared with a loss of $10M a year ago.On a per-share basis, the San Francisco, California-based company earned 45 cents, ahead of the average analyst estimate of 19 cents. Total revenue surged nearly 78% to $500M and handily beat the consensus estimate. Advertising revenue was up 84% at $465M; revenue from other sources was $35M, up 24%.