AI English summary of an SEC filing — figures as filed
The company said revenue for Q1 2025 rose to $392.4 million, up 61% from $243.0 million a year earlier. Ad revenue was $358.6 million, and Other revenue was $33.7 million. The quarter ended March 31.
Key points
AI summaryThe company said revenue for Q1 2025 rose to $392.4 million, up 61% from $243.0 million a year earlier. Ad revenue was $358.6 million, and Other revenue was $33.7 million. The quarter ended March 31.
Reddit said net income for Q1 2025 was $26.2 million (6.7% of revenue), swinging from a net loss of $(575.1) million a year earlier. Diluted earnings per share were $0.13.
The company said Adjusted EBITDA for Q1 2025 was $115.3 million (29.4% of revenue), operating cash flow was $127.6 million, and Free Cash Flow was $126.6 million. Capital expenditures were $1.0 million.
Reddit said it expects revenue for Q2 2025 of $410 million to $430 million and Adjusted EBITDA of $110 million to $130 million. The company said the outlook reflects its current estimates and does not guarantee future results.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 2025 Revenue Hits $392.4 million, Up 61% Year over Year
The company said revenue for Q1 2025 rose to $392.4 million, up 61% from $243.0 million a year earlier. Ad revenue was $358.6 million, and Other revenue was $33.7 million. The quarter ended March 31.
Source · Based on the filing body and exhibits
Q1 Net Income of $26.2 million vs. Prior-Year Net Loss of $(575.1) million
Reddit said net income for Q1 2025 was $26.2 million (6.7% of revenue), swinging from a net loss of $(575.1) million a year earlier. Diluted earnings per share were $0.13.
Source · Based on the filing body and exhibits
Q1 Adjusted EBITDA of $115.3 million, Free Cash Flow of $126.6 million
The company said Adjusted EBITDA for Q1 2025 was $115.3 million (29.4% of revenue), operating cash flow was $127.6 million, and Free Cash Flow was $126.6 million. Capital expenditures were $1.0 million.
Source · Based on the filing body and exhibits
Q2 Outlook: Revenue of $410 million to $430 million
Reddit said it expects revenue for Q2 2025 of $410 million to $430 million and Adjusted EBITDA of $110 million to $130 million. The company said the outlook reflects its current estimates and does not guarantee future results.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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