130 million people use Reddit daily, 12% more than a year ago
Reddit reported 130 million daily active users, up 12% YoY. Q3 2026 revenue rose 53% to $895M, with net income at $283M. Adjusted EBITDA increased 70% to $402M. The company repurchased 670K shares. Reddit was added to the S&P 500. Q4 guidance: revenue $1.03B, Adjusted EBITDA $510M.
How this was made
The 30-second read
Why it matters
The earnings beat and forward guidance suggest a short-term rally, but investors should monitor user growth trends and macro ad spend.
Market read
Reddit's earnings exceed expectations, providing a fresh catalyst for its stock and potentially influencing the broader digital media sector.
What to watch
Potential headwinds from competition and user growth slowdown could temper upside.
Background
Reddit announced its addition to the S&P 500 and posted strong Q3 2026 financials, highlighting significant revenue growth and cash generation.
Market effects
Positive earnings may lift other social media and digital advertising stocks.
U.S. tech sector could see modest gains following Reddit's beat.
Limited to U.S. markets; no direct global macro impact.
Counterpoint
Some investors may question sustainability of growth given high valuation multiples.
Key entities
- companyReddit Inc.
Social media platform reporting Q3 2026 earnings.


