RDDT
NYSE · Communication Services · Internet Content & Information · US
Research · Sep 13, 2026
Reddit AI Search Reaches 15 Million Weekly Active Users
Reddit Answers reached 15 million weekly active users and is moving into universal search, but its revenue contribution remains undisclosed.
Research · Sep 3, 2026
[RDDT] Reddit Thesis 2026: Advertising Revenue Accelerates as Platform Scales Internationally
Reddit FY25 revenue $2.20B (+69%); op income $442M (vs -$561M FY24); NI $530M; EPS $2.62. Q4 revenue $726M (+70%); advertising $690M (+75%); lower-funnel revenue doubled. DAU 121M (+19%); WAU 471M (+24%). ARPU $5.98 (+42%). 11 of top 15 verticals +50%+. US +68%; international +78%. Reddit Max launched (AI ad platform); Reddit Answers integrated in core search; verified profiles for brands. FY26 Q1 guide: revenue $595-$605M (+52-54%); EBITDA $110-$220M; SBC high-teens % of revenue; net dilution low end of 1-3% medium-term guide.
Research · Aug 27, 2026
AI Data Licensing Splits Into Recurring and Archive-Based Models
Similarweb reports recurring AI data contracts, while CuriosityStream, Zhihu and Nine show how archives and grounding content can produce different revenue patterns.