economy
February 5, 2026
Reddit reported fourth-quarter earnings and revealed strong guidance and $1 billion buyback
Reddit reported fourth-quarter earnings on Thursday in which the social media company beat on the top and bottom lines.
TL;DR
- Reddit reported Q4 earnings per share of $1.24, surpassing estimates of 94 cents.
- Q4 revenue reached $726 million, exceeding the expected $665 million.
- The company forecasts Q1 2026 sales between $595 million and $605 million, higher than the anticipated $577 million.
- A $1 billion share repurchase program was announced.
- Q4 revenue increased by 70% year-over-year, with net income up nearly 255%.
- Global daily active uniques grew 19% year-over-year to 121.4 million.
- U.S. logged-in user growth has slowed for the sixth consecutive quarter.
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