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Reddit RDDT Q2 2026 earnings

Reported July 30, 2026 · After market close

Revenue$804.9MBeat by $73.9M
EPS$1.25Beat by $0.30
Revenue estimate$731.0M
EPS estimate$0.95
“Crossing $1 million in revenue per employee and maintaining eight consecutive quarters of over 60% revenue growth shows the strength of our community model and the value we deliver to advertisers.”
Steve Huffman

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

Oct 29, 2026 (in 2 months)
Revenue estimate$872.9M
EPS estimate$1.33

Financials

Q2 2026

Income statement

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Revenue$804.9M+61.1%
Gross profit$734.6M+61.9%
Operating income$231.7M+242%
Net income$252.8M+183%
EPS (diluted)$1.25+178%

Balance sheet

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Cash & equivalents$1.5B+103%
Total debt$20.9M-17.1%
Total equity$3.3B+37.7%
Total assets$3.6B+38.2%

Cash flow

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Operating cash flow$261.9M+135%
CapEx-$1.1M-325%
Free cash flow$260.7M+135%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$29.89B-24.3%
Enterprise value$28.42B-26.7%
P/E34.3×—
P/S10.8×-12.9×

Profitability

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Gross margin91.4%+0.4pp
Operating margin28.2%+23.5pp
Net margin31.3%—
FCF margin36.7%+12.9pp

Returns & leverage

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Return on equity30.7%—
Debt / equity0×0.0×
Current ratio10.5×-1.5×

FAQ

When did Reddit report Q2 2026 earnings?
Reddit (RDDT) reported Q2 2026 earnings on July 30, 2026 after market close.
What were Reddit's Q2 2026 revenue and EPS?
Reddit reported revenue of $804.9M and eps of $1.25 for Q2 2026.
Did Reddit beat estimates in Q2 2026?
Revenue beat the consensus estimate of $731.0M by $73.9M. EPS beat the consensus estimate of $0.95 by $0.30.
How did Reddit's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 61.1% from $499.6M a year earlier and eps grew 177.8% from $0.45.
Where can I find Reddit's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001713445-26-000098) and the 10-Q periodic report (0001713445-26-000100) directly on SEC EDGAR. The filing index links above go to sec.gov.