The earnings call reflected strong financial performance with significant revenue and user growth, successful international expansion, and innovative product enhancements. However, concerns about search traffic volatility and moderation challenges were noted.

Company Guidance

During Reddit's Q1 2025 earnings call, the company provided robust financial guidance, highlighting a continuation of its strong growth trajectory. Reddit reported a 61% year-over-year increase in revenue, reaching $392 million for the quarter. The platform's advertising business played a key role, contributing $359 million in revenue, also up 61% from the previous year. Reddit's user metrics were equally impressive, with weekly active users reaching 401 million and daily active users hitting 108 million, both reflecting a 31% year-over-year increase. The company also reported an adjusted EBITDA of $115 million, with a margin of 29%, and a GAAP net income of $26 million. Looking ahead to Q2 2025, Reddit projects revenue between $410 million and $430 million, with an expected adjusted EBITDA of $110 million to $130 million, indicating year-over-year growth of 46% to 53% and 180% to 230%, respectively. These metrics underscore Reddit's strategic focus on expanding its user base, enhancing its advertising capabilities, and leveraging its unique community-driven platform for sustained growth.

Impressive Revenue Growth

Reddit reported a revenue of $392 million, marking a 61% year-over-year increase, sustaining a third consecutive quarter of growth over 60%.

Significant User Growth

Reddit ended the quarter with 401 million weekly and 108 million daily users, both up 31% year-over-year.

Strong Advertising Revenue

Advertising revenue grew 61% year-over-year to $359 million, with broad-based strength across objectives, channels, verticals, and geographies.

International Expansion Success

International ad revenue grew 83% year-over-year, the fastest growth rate in three years, with focus markets like France, Spain, and Brazil growing nearly twice as fast as total international users.

Positive EBITDA and Cash Flow

Adjusted EBITDA hit $115 million with a margin of 29%, and operating cash flow reached $128 million, the highest ever, with a free cash flow margin of 32%.

Innovative Product Developments

Reddit Answers, an AI search feature, reached 1 million weekly users and is undergoing global expansion. Machine translation is now available in 13 languages, aiding international growth.

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Reddit Inc Class A (RDDT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RDDT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2025	2025 (Q2)	0.19 / -	-0.06	―	―	―
May 01, 2025	2025 (Q1)	0.02 / 0.13	-8.19	101.59% (+8.32)	―
Feb 12, 2025	2024 (Q4)	0.25 / 0.36	0.21	71.43% (+0.15)	―
Oct 29, 2024	2024 (Q3)	-0.07 / 0.16	-0.045	455.56% (+0.21)	―
Aug 06, 2024	2024 (Q2)	-0.32 / -0.06	-0.252	76.19% (+0.19)	―
May 07, 2024	2024 (Q1)	-8.75 / -8.19	-0.373	-2095.71% (-7.82)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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RDDT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2025	$118.79	$113.83	-4.18%
Feb 12, 2025	$216.47	$204.95	-5.32%
Oct 29, 2024	$81.74	$116.05	+41.97%
Aug 06, 2024	$54.36	$50.69	-6.75%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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