Reddit reports 69% jump in revenue, topping analyst estimates

    https://www.cnbc.com/2026/04/30/reddit-rddt-q1-2026-earnings-report.html

    Posted by Sweaty_Rub4322

    31 Comments

    1. Makes sense, it’s killed virtually every formerly enjoyable internet forum and replaced them all with this single aggregate. No competition either. It’s this, or a handful of forums like ResetEra.

    2. long_short_alpha on

      Incredibly cheap right now.

      Q1 is normally their worst quarter and it was just earnings of 1 usd. So i guess 1,5 for q2 and q3 and 2 in q4 is not a too optimistic scenario.

      That would give them EPS of 6 and a PE ratio of just 25 with lots of growth.

      But its WSB, who cares about valuation…

    3. I wonder how much revenue they get from people accidentally clicking ads that look like comments.

      I probably do it 5 times a day but will never actually buy anything here.

    4. bananashakewithice on

      Reddit once again gets their analysis on $RDDT wrong. Glad I kept holding

    5. Muted-Woodpecker-469 on

      People love their echo chambers.

      How many are banned out of various subs for doing literally nothing? 

    6. Butt plugs are now an essential accessory of my everyday wardrobe. Thank you Reddit for making me better.

    7. Homerisbae15 on

      lmao knew it was gonna beat when I saw threads here saying it was dead because you can’t say slurs anymore

    8. hauntedgecko on

      Dear God, spez has done his part. Take this God forsaken stock to previous highs so I can retire in peace.

    9. GroundbreakingAd2709 on

      Reddit killed Internet Forums.

      Wasted hundreds of hours in Gaming and Tech Forums in the early 00 and 10s.

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