Reddit, Inc.
For the period ended Jun 30, 2026. Filed Jul 31, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 31, 2026
RDDT$100.79+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Three months ended June 30, | Six months ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $804,905 | $499,627 | $1,468,316 | $891,988 |
| Costs and expenses: | ||||
| Cost of revenue | 70,308 | 45,900 | 126,575 | 82,989 |
| Research and development | 231,276 | 196,610 | 438,522 | 387,881 |
| Sales and marketing | 195,897 | 120,619 | 347,369 | 211,304 |
| General and administrative | 75,708 | 68,787 | 141,222 | 138,200 |
| Total costs and expenses | 573,189 | 431,916 | 1,053,688 | 820,374 |
| Income from operations | 231,716 | 67,711 | 414,628 | 71,614 |
| Other income (expense), net | 25,119 | 21,147 | 47,935 | 41,681 |
| Income before income taxes | 256,835 | 88,858 | 462,563 | 113,295 |
| Income tax expense (benefit) | 3,987 | (439) | 5,734 | (2,160) |
| Net income | $252,848 | $89,297 | $456,829 | $115,455 |
| Net income per share attributable to Class A and Class B common stock (Note 4) | ||||
| Basic | $1.31 | $0.48 | $2.38 | $0.63 |
| Diluted | $1.25 | $0.45 | $2.26 | $0.58 |
| Weighted-average shares of Class A and Class B common stock used to compute net income per share attributable to common stockholders | ||||
| Basic | 192,345,684 | 185,437,777 | 191,932,329 | 183,730,992 |
| Diluted | 202,029,721 | 199,522,433 | 202,326,864 | 200,681,458 |
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