Reddit, Inc.Q3 guidance of $860-870M implies about 48% year-over-year growth, topping expectations.

Reddit's international revenues surged 84% year over year to $166.8 million in the second quarter of 2026, outpacing 56% growth in U.S. revenues, as the company expands its global user and advertiser footprint against rivals Pinterest and Snap. International daily active uniques rose 28% to 77.1 million and international weekly active uniques jumped 35% to 317.4 million, while globally Reddit averaged 130.3 million daily active uniques, up 18%, and weekly active uniques increased 24% to 514.6 million. International average revenue per unique climbed 31% to $2.26 from $1.73, and global ARPU rose 36% to $6.18 from $4.53, supported by higher advertising pricing and impressions. Second-quarter advertising revenues jumped 64% year over year to $762 million, active advertisers increased more than 70%, and management said Rest of World revenues grew more than 80%. For the third quarter of 2026, management expects revenues between $860 million and $870 million, a midpoint implying about 48% year-over-year growth, while Reddit shares have plunged 33.6% year to date and carry a Zacks Rank #3 (Hold).
Reddit, Inc.Q3 guidance of $860-870M implies about 48% year-over-year growth, topping expectations.
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