Reddit

RDDT Q4 2025 Earnings

Reported Feb 5, 2026 at 4:10 PM ET · SEC Source

Q4 25 EPS

$1.24

MISS 14.48%

Est. $1.45

Q4 25 Revenue

$725.6M

BEAT +8.59%

Est. $668.2M

vs S&P Since Q4 25

+1.0%

BEATING MARKET

RDDT +5.4% vs S&P +4.3%

Full Year 2025 Results

FY 25 EPS

$2.62

BEAT +12.53%

Est. $2.33

FY 25 Revenue

$2.20B

BEAT +2.67%

Est. $2.15B

Market Reaction

Did RDDT Beat Earnings? Q4 2025 Results

Reddit delivered a strikingly split quarter to close out 2025, posting revenue of $725.61 million, a 69.7% year-over-year gain that cleared the $668.23 million consensus by 8.59%, while earnings per share of $1.24 fell short of the $1.45 estimate by … Read more Reddit delivered a strikingly split quarter to close out 2025, posting revenue of $725.61 million, a 69.7% year-over-year gain that cleared the $668.23 million consensus by 8.59%, while earnings per share of $1.24 fell short of the $1.45 estimate by 14.48%. The top-line strength was unmistakably advertising-driven, with ad revenue climbing 75% year-over-year to $690.00 million as monetization gains took hold across a growing user base, with daily active unique users reaching 121.4 million and global ARPU expanding 42% to $5.98. Net income reached $251.60 million at a 34.7% margin, a dramatic improvement from $71.04 million a year earlier, cementing what CEO Steve Huffman described as Reddit entering its "next era." The company also authorized a $1.00 billion share repurchase program, though the stock slipped nearly 9% following the report as investors weighed the buyback against forward guidance. For Q1 2026, Reddit projects revenue of $595 million to $605 million; full coverage of the quarter details what that trajectory means for the year ahead.

Key Takeaways

  • Advertising revenue growth of 75% YoY driven by growth in impressions and pricing
  • 11 of top-15 industry verticals grew over 50% YoY
  • Broad strength across full ad funnel, geographies, and channels
  • ARPU expanded 42% YoY to $5.98 globally
  • Lower-funnel conversion volume doubled year-over-year
  • DAUq grew 19% YoY to 121.4 million, with international DAUq growing 28%
  • Over 80 million weekly searchers on Reddit, up from 60 million a year ago
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RDDT YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

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RDDT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26
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RDDT Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We're entering the next era of Reddit—defined by sharper execution, global expansion, and product innovation that puts real people and conversations at the center. Our focus is on turning Reddit's authenticity into even more everyday utility.”

— Steve Huffman, Q4 2025 Earnings Press Release