Reddit Sees Q2 Adjusted EBITDA of $285M-$295M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
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Should l Buy RDDT?
Reddit sees Q2 adjusted EBITDA $285M-$295M
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Analyst Views on RDDT
Wall Street analysts forecast RDDT stock price to rise
22 Analyst Rating
14 Buy
8 Hold
0 Sell
Moderate Buy
Current: 155.800
Low
207.00
Averages
260.00
High
325.00
Current: 155.800
Low
207.00
Averages
260.00
High
325.00
About RDDT
Reddit, Inc. operates a social platform, Reddit. Reddit is a community of communities. It is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. It has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Reddit Reports 69% Revenue Growth in Q1 2026
- Significant Revenue Growth: Reddit, Inc. reported total revenue of $663 million for Q1 2026, reflecting a substantial 69% year-over-year increase, with ad revenue rising 74% to $625 million, indicating strong performance and heightened market demand for its advertising platform.
- Increased User Revenue: The average revenue per user (ARPU) surged by 44% year-over-year to $5.23, demonstrating the company's ongoing optimization in user value and advertising efficiency, which further solidifies its market position.
- Low Capital Expenditure: Reddit's capital expenditures were only $1 million, representing a mere 0.2% of total revenue, allowing the company to maintain financial flexibility and ample funding for future investments, acquisitions, and stock buybacks.
- Strong Cash Reserves: As of Q1 2026, Reddit holds $2.8 billion in cash and investments, showcasing its robust financial health and providing a solid foundation for capital deployment across its three priorities, including core business investments, M&A, and repurchases.
See More
Snap Reports Q1 Earnings Below Expectations, Lays Off 16% of Workforce
- Disappointing Earnings: Snap reported a Q1 loss of 5 cents per share with revenue matching expectations at $1.53 billion, and despite a 5% increase in daily active users to 483 million, the overall performance fell short of market expectations, leading to a 4% drop in after-hours trading.
- Layoffs and Transformation: The company announced it would lay off about 16% of its workforce and halt hiring for 300 open positions, indicating its commitment to an 'AI-driven transformation' while reflecting the challenges in the current advertising market.
- Cautious Sales Guidance: Snap expects Q2 revenue to range between $1.52 billion and $1.55 billion, with the midpoint aligning with analyst estimates, but the company has made it clear that it will no longer rely on the partnership with Perplexity, highlighting uncertainties in future growth.
- Advertising Growth Headwinds: Although Q1 revenue rose 12% year-over-year, Snap noted that large advertisers in North America remain a headwind to advertising growth, and while some signs of improvement are emerging, the overall market environment remains challenging.
See More
Pinterest Q1 Revenue and Earnings Beat Estimates, Stock Surges 17%
- Earnings Beat: Pinterest reported adjusted earnings per share of $0.27 for Q1, exceeding analyst expectations of $0.23, with revenue reaching $1.01 billion, surpassing the consensus estimate of $965.44 million and reflecting an 18% year-over-year growth, indicating strong performance in advertising revenue.
- Strong User Growth: The platform's global monthly active users increased by 11% year-over-year to 631 million, marking the tenth consecutive quarter of double-digit user expansion, suggesting a recovery in competitiveness against Meta, particularly driven by investments in AI.
- Positive Market Outlook: Pinterest expects Q2 revenue to range between $1.13 billion and $1.15 billion, representing a year-over-year growth of 14% to 16%, which exceeds market expectations of $1.12 billion, demonstrating management's confidence in future growth.
- Increased Investor Support: The company recently secured a $1 billion strategic investment from activist investor Elliot, which backs its AI spending and monetization plans, further bolstering market confidence in its future development.
See More
Pinterest Q1 Earnings Beat Expectations, Shares Surge
- Earnings Surprise: Pinterest reported adjusted earnings per share of 27 cents for Q1, exceeding the expected 23 cents, with revenue hitting $1.01 billion, surpassing the $966 million forecast, indicating robust market performance.
- Significant User Growth: The global monthly active users increased by 11% year-over-year to 631 million, aligning with analyst estimates, suggesting a growing user base that will support future advertising revenue growth.
- Strong EBIDTA Performance: The adjusted EBIDTA for Q1 was $207 million, exceeding the $176 million expected by analysts, reflecting improvements in cost control and operational efficiency, which bolstered investor confidence.
- Strategic Acquisition Execution: Pinterest completed its acquisition of tvScientific for approximately $465.1 million, aimed at enhancing its capabilities in connected TV advertising analytics, thereby improving ad effectiveness and strengthening market competitiveness.
See More
Pinterest Forecasts Q2 Revenue Above Estimates Amid AI Integration
- Revenue Forecast Boost: Pinterest expects Q2 revenue to range between $1.13 billion and $1.15 billion, surpassing analysts' estimates of $1.11 billion, indicating a positive trend in stable advertising spending and enhancing the company's competitive position in the ad market.
- Significant Stock Surge: Shares of Pinterest jumped 16% in after-hours trading, reflecting investor confidence in the company's enhanced AI advertising products, which may attract more advertisers and further drive revenue growth.
- User Growth Notable: As of Q1, Pinterest reported 631 million global monthly active users, a significant increase from 570 million last year, indicating that its core product remains appealing to consumers seeking inspiration across various interests.
- AI Investment Yielding Results: Pinterest's increased investment in AI, including enhancements to its Performance+ ad suite for automating ad creation and improving personalized targeting, is beginning to show results, helping the company maintain growth in a highly competitive online advertising landscape.
See More
Pinterest Reports Strong Q1 Earnings, Raises Q2 Revenue Guidance
- Strong Earnings Beat: Pinterest's Q1 adjusted earnings per share reached 27 cents, surpassing the 23 cents expected by analysts, with revenue hitting $1.01 billion, exceeding the $966 million forecast, indicating robust market performance.
- Significant User Growth: The company reported an 11% year-over-year increase in global monthly active users to 631 million, aligning with analyst estimates, demonstrating ongoing improvements in user engagement and market penetration.
- Optimistic Future Guidance: Pinterest anticipates Q2 revenue between $1.13 billion and $1.15 billion, higher than Wall Street's $1.11 billion projection, while EBIDTA is expected to range from $256 million to $276 million, reflecting strong profitability prospects.
- Strategic Transformation: The company plans to cut nearly 15% of its workforce and reduce office space to allocate more resources to artificial intelligence, aiming to enhance operational efficiency and competitive positioning, highlighting its commitment to future technological advancements.
See More
Reddit Reports 69% Revenue Growth in Q1 2026
- Significant Revenue Growth: Reddit, Inc. reported total revenue of $663 million for Q1 2026, reflecting a substantial 69% year-over-year increase, with ad revenue rising 74% to $625 million, indicating strong performance and heightened market demand for its advertising platform.
- Increased User Revenue: The average revenue per user (ARPU) surged by 44% year-over-year to $5.23, demonstrating the company's ongoing optimization in user value and advertising efficiency, which further solidifies its market position.
- Low Capital Expenditure: Reddit's capital expenditures were only $1 million, representing a mere 0.2% of total revenue, allowing the company to maintain financial flexibility and ample funding for future investments, acquisitions, and stock buybacks.
- Strong Cash Reserves: As of Q1 2026, Reddit holds $2.8 billion in cash and investments, showcasing its robust financial health and providing a solid foundation for capital deployment across its three priorities, including core business investments, M&A, and repurchases.
See More
Snap Reports Q1 Earnings Below Expectations, Lays Off 16% of Workforce
- Disappointing Earnings: Snap reported a Q1 loss of 5 cents per share with revenue matching expectations at $1.53 billion, and despite a 5% increase in daily active users to 483 million, the overall performance fell short of market expectations, leading to a 4% drop in after-hours trading.
- Layoffs and Transformation: The company announced it would lay off about 16% of its workforce and halt hiring for 300 open positions, indicating its commitment to an 'AI-driven transformation' while reflecting the challenges in the current advertising market.
- Cautious Sales Guidance: Snap expects Q2 revenue to range between $1.52 billion and $1.55 billion, with the midpoint aligning with analyst estimates, but the company has made it clear that it will no longer rely on the partnership with Perplexity, highlighting uncertainties in future growth.
- Advertising Growth Headwinds: Although Q1 revenue rose 12% year-over-year, Snap noted that large advertisers in North America remain a headwind to advertising growth, and while some signs of improvement are emerging, the overall market environment remains challenging.
See More
Pinterest Q1 Revenue and Earnings Beat Estimates, Stock Surges 17%
- Earnings Beat: Pinterest reported adjusted earnings per share of $0.27 for Q1, exceeding analyst expectations of $0.23, with revenue reaching $1.01 billion, surpassing the consensus estimate of $965.44 million and reflecting an 18% year-over-year growth, indicating strong performance in advertising revenue.
- Strong User Growth: The platform's global monthly active users increased by 11% year-over-year to 631 million, marking the tenth consecutive quarter of double-digit user expansion, suggesting a recovery in competitiveness against Meta, particularly driven by investments in AI.
- Positive Market Outlook: Pinterest expects Q2 revenue to range between $1.13 billion and $1.15 billion, representing a year-over-year growth of 14% to 16%, which exceeds market expectations of $1.12 billion, demonstrating management's confidence in future growth.
- Increased Investor Support: The company recently secured a $1 billion strategic investment from activist investor Elliot, which backs its AI spending and monetization plans, further bolstering market confidence in its future development.
See More
Pinterest Q1 Earnings Beat Expectations, Shares Surge
- Earnings Surprise: Pinterest reported adjusted earnings per share of 27 cents for Q1, exceeding the expected 23 cents, with revenue hitting $1.01 billion, surpassing the $966 million forecast, indicating robust market performance.
- Significant User Growth: The global monthly active users increased by 11% year-over-year to 631 million, aligning with analyst estimates, suggesting a growing user base that will support future advertising revenue growth.
- Strong EBIDTA Performance: The adjusted EBIDTA for Q1 was $207 million, exceeding the $176 million expected by analysts, reflecting improvements in cost control and operational efficiency, which bolstered investor confidence.
- Strategic Acquisition Execution: Pinterest completed its acquisition of tvScientific for approximately $465.1 million, aimed at enhancing its capabilities in connected TV advertising analytics, thereby improving ad effectiveness and strengthening market competitiveness.
See More
Pinterest Forecasts Q2 Revenue Above Estimates Amid AI Integration
- Revenue Forecast Boost: Pinterest expects Q2 revenue to range between $1.13 billion and $1.15 billion, surpassing analysts' estimates of $1.11 billion, indicating a positive trend in stable advertising spending and enhancing the company's competitive position in the ad market.
- Significant Stock Surge: Shares of Pinterest jumped 16% in after-hours trading, reflecting investor confidence in the company's enhanced AI advertising products, which may attract more advertisers and further drive revenue growth.
- User Growth Notable: As of Q1, Pinterest reported 631 million global monthly active users, a significant increase from 570 million last year, indicating that its core product remains appealing to consumers seeking inspiration across various interests.
- AI Investment Yielding Results: Pinterest's increased investment in AI, including enhancements to its Performance+ ad suite for automating ad creation and improving personalized targeting, is beginning to show results, helping the company maintain growth in a highly competitive online advertising landscape.
See More
Pinterest Reports Strong Q1 Earnings, Raises Q2 Revenue Guidance
- Strong Earnings Beat: Pinterest's Q1 adjusted earnings per share reached 27 cents, surpassing the 23 cents expected by analysts, with revenue hitting $1.01 billion, exceeding the $966 million forecast, indicating robust market performance.
- Significant User Growth: The company reported an 11% year-over-year increase in global monthly active users to 631 million, aligning with analyst estimates, demonstrating ongoing improvements in user engagement and market penetration.
- Optimistic Future Guidance: Pinterest anticipates Q2 revenue between $1.13 billion and $1.15 billion, higher than Wall Street's $1.11 billion projection, while EBIDTA is expected to range from $256 million to $276 million, reflecting strong profitability prospects.
- Strategic Transformation: The company plans to cut nearly 15% of its workforce and reduce office space to allocate more resources to artificial intelligence, aiming to enhance operational efficiency and competitive positioning, highlighting its commitment to future technological advancements.
See More
