AI English summary of an SEC filing — figures as filed
Reddit RDDTThe company reported revenue of $895.0 million (up 53% year over year), net income of $283.3 million ($162.7 million in the prior-year period), and Adjusted EBITDA of $402.3 million ($236.0 million in the prior-year period) for the 3 months ended September 30, 2026.
Key points
AI summaryThe company reported revenue of $895.0 million (up 53% year over year), net income of $283.3 million ($162.7 million in the prior-year period), and Adjusted EBITDA of $402.3 million ($236.0 million in the prior-year period) for the 3 months ended September 30, 2026.
Reddit said ARPU was $6.87 for Q3 2026, up 36% year over year. It said ad prices rose about 34% and ad impressions delivered rose about 15%. The company attributed the increase in ARPU mainly to higher advertising revenue from higher pricing and, to a lesser extent, more ad impressions delivered.
The company said global DAUq was 130.3 million in Q3 2026, up 12% from the prior year, with DAUq in the rest of world up 24% and DAUq in the United States down 2%. Reddit said global DAUq was flat compared with the prior quarter, and it cited third-party search engine changes as offsetting the gains from its marketing investments.
Reddit said it had cash, cash equivalents and marketable securities of $3.0 billion as of September 30, 2026. Under its share repurchase program approved in February 2026 for up to $1.0 billion, it repurchased shares for $340.0 million over 9 months, leaving $660.0 million remaining.
Summary
AI-writtenAnalysis 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.
Reddit Q3 2026 revenue of $895.0 million, net income of $283.3 million
The company reported revenue of $895.0 million (up 53% year over year), net income of $283.3 million ($162.7 million in the prior-year period), and Adjusted EBITDA of $402.3 million ($236.0 million in the prior-year period) for the 3 months ended September 30, 2026.
Source · Based on the MD&A text of the filing
Ad prices up about 34%, ad impressions up about 15%
Reddit said ARPU was $6.87 for Q3 2026, up 36% year over year. It said ad prices rose about 34% and ad impressions delivered rose about 15%. The company attributed the increase in ARPU mainly to higher advertising revenue from higher pricing and, to a lesser extent, more ad impressions delivered.
Source · Based on the MD&A text of the filing
DAUq 130.3 million, flat quarter over quarter
The company said global DAUq was 130.3 million in Q3 2026, up 12% from the prior year, with DAUq in the rest of world up 24% and DAUq in the United States down 2%. Reddit said global DAUq was flat compared with the prior quarter, and it cited third-party search engine changes as offsetting the gains from its marketing investments.
Source · Based on the MD&A text of the filing
Cash of $3.0 billion, buybacks of $340.0 million executed
Reddit said it had cash, cash equivalents and marketable securities of $3.0 billion as of September 30, 2026. Under its share repurchase program approved in February 2026 for up to $1.0 billion, it repurchased shares for $340.0 million over 9 months, leaving $660.0 million remaining.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC 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.
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