Reddit said revenue for the 3 months ended September 30, 2025 was $584.9 million, an increase of 68% compared to the prior year period, and net income was $162.7 million, compared to $29.9 million in the prior year period.

10-QQuarterly reportFiled Oct 31, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Reddit said revenue for the 3 months ended September 30, 2025 was $584.9 million, an increase of 68% compared to the prior year period, and net income was $162.7 million, compared to $29.9 million in the prior year period.
The company said daily active uniques for the 3 months ended September 30, 2025 were 116.0 million, an increase of 19% compared to the prior year period, and average revenue per unique was $5.04, an increase of 41%. Reddit cited an increase in advertising impressions delivered and, to a lesser extent, an increase in pricing as factors for the increase in average revenue per unique.
Reddit said adjusted EBITDA for the 3 months ended September 30, 2025 was $236.0 million, compared to $94.1 million in the prior year period, net cash provided by operating activities was $185.2 million, and free cash flow was $183.1 million.
As of September 30, 2025, Reddit had $2.2 billion in cash, cash equivalents, and marketable securities, and the aggregate available balance under the 5-year $500.0 million Revolving Credit Facility was $494.6 million.

Key figures

Quarter ended September 30, 2025

Revenue: $585M
Operating income: $139M
Net income: $163M
EPS: $0.80
Operating cash flow: $185M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q3 2025 Revenue $584.9 million, Net Income $162.7 million

Reddit said revenue for the 3 months ended September 30, 2025 was $584.9 million, an increase of 68% compared to the prior year period, and net income was $162.7 million, compared to $29.9 million in the prior year period.

Source · Based on the MD&A text of the filing

Daily Active Uniques 116.0 million, Average Revenue Per Unique $5.04

The company said daily active uniques for the 3 months ended September 30, 2025 were 116.0 million, an increase of 19% compared to the prior year period, and average revenue per unique was $5.04, an increase of 41%. Reddit cited an increase in advertising impressions delivered and, to a lesser extent, an increase in pricing as factors for the increase in average revenue per unique.

Source · Based on the MD&A text of the filing

Q3 Adjusted EBITDA and Free Cash Flow

Reddit said adjusted EBITDA for the 3 months ended September 30, 2025 was $236.0 million, compared to $94.1 million in the prior year period, net cash provided by operating activities was $185.2 million, and free cash flow was $183.1 million.

Source · Based on the MD&A text of the filing

Cash and Marketable Securities $2.2 billion, Revolving Credit Facility $500.0 million

As of September 30, 2025, Reddit had $2.2 billion in cash, cash equivalents, and marketable securities, and the aggregate available balance under the 5-year $500.0 million Revolving Credit Facility was $494.6 million.

Source · Based on the MD&A text of the filing

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.

View the original filing on SEC EDGAR ↗

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