Record Revenue Growth
Revenue grew 78% year-over-year to $500 million, marking the fastest quarterly growth rate since 2022.
Increase in Daily Active Users
Daily active users grew to 110 million, up 21% year-over-year, driven by product improvements and increased marketing activity.
Advertising Business Surge
Advertising revenue grew 84% year-over-year to $465 million, with total active advertiser count expanding by over 50%.
Profitability Milestones
Adjusted EBITDA reached $167 million, with a net income of $89 million. The adjusted EBITDA margin was 33%, up over 1,900 basis points year-over-year.
International Expansion
Machine translation is now live in 23 languages, unlocking Reddit for millions of people across Asia, Europe, and Latin America.