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Reddit, Inc.

Q2 FY26Interactive Media and Services

Reddit, Inc. Q2 FY26 Results — Earnings Call Analysis

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Reddit, Inc. Q2 FY26 key numbers

Revenue
Adjusted EBITDA forecasted at $285M-$295M, up approximately 71%-77% YoY, with a 40% margin at midpoint.

As stated in Reddit, Inc.'s Q2 FY26 earnings call transcript · published 29 May 2026. Reported figures, not investment advice.

Price₹168
Market cap₹32.3K Cr
P/E41.3

The short version

- Q2 2026 revenue expected between $715M and $725M, reflecting 43%-45% YoY growth (midpoint ~44%). - Q2 2026 revenue is guided between $715 million to $725 million, reflecting 43% to 45% YoY growth, midpoint ~44%.

From Reddit, Inc.'s Q2 FY26 earnings-call transcript · updated 29 May 2026.

Revenue & Sales Performance

Strong growth
  • Q2 2026 revenue expected between $715M and $725M, reflecting 43%-45% YoY growth (midpoint ~44%).
  • Adjusted EBITDA forecasted at $285M-$295M, up approximately 71%-77% YoY, with a 40% margin at midpoint.
  • Cost growth expected to slow to about 29% YoY as investments in sales & marketing mature.
  • Strong topline momentum from broad-based strength across ad impressions, pricing growth, and investment in the ad stack.
  • Continued growth expected from expanding automation and AI adoption in ads platform (Reddit Max) improving advertiser outcomes and efficiency.
  • Growth opportunities in mid-market and SMB via Shopify and WooCommerce partnerships.

2 more points from Reddit, Inc.'s call on revenue

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Profitability & Margins

See what Reddit, Inc. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • CapEx was $1 million in Q1 2026, representing only 0.2% of revenue, indicating a capital-light business model.
  • Reddit ended Q1 with $2.8 billion in cash and investments, well-positioned to deploy capital.
  • Strategic investment priorities include:
  • Investing in the core business (product, tech, ML talent).
  • Mergers & Acquisitions (M&A).
  • Share repurchases.
  • The company is focusing on upgrading talent, machine learning infrastructure, and product improvements to drive growth, especially in onboarding, core feed experience, and search performance.

2 more points from Reddit, Inc.'s call on capex

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Fundraising & Capital Structure

See what Reddit, Inc. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Reddit, Inc. said on order book & pipeline — free account, 30 seconds.

What the Q2 FY26 call signalled

2 of 2 strong

RevenueStrong growth
MarginMargins up

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Frequently Asked Questions

What were Reddit, Inc. Q2 FY26 results?

- Q2 2026 revenue expected between $715M and $725M, reflecting 43%-45% YoY growth (midpoint ~44%). - Q2 2026 revenue is guided between $715 million to $725 million, reflecting 43% to 45% YoY growth, midpoint ~44%.

What is Reddit, Inc. share price analysis?

Reddit, Inc. currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 41.3 with a market cap of $32,269. Investors should review the full earnings analysis for detailed insights.

Is Reddit, Inc. planning capital expenditure?

- CapEx was $1 million in Q1 2026, representing only 0.2% of revenue, indicating a capital-light business model. - Reddit ended Q1 with $2.8 billion in cash and investments, well-positioned to deploy capital. - Strategic investment priorities include: - Investing in the core business (product, tech, ML talent).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.