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REDDIT

Reddit posts blowout earnings

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May 1, 2025 · 20:14

Q1 Earnings

Daily Active Uniques (“DAUq”) increased 31% year-over-year to 108.1 million

Revenue grew 61% year-over-year to $392.4 million

Gross margin expanded year-over-year to 90.5%

Net income of $26.2 million, 6.7% of revenue. Diluted EPS of $0.13

Adjusted EBITDA1 of $115.3 million, 29.4% of revenue

Operating cash flow of $127.6 million. Fully diluted shares of 206.0 million, down sequentially

Stock is up nearly 20%, finally being on thr platform is paying!