Reddit Q1 Revenue Up 69%, Stock +3.9%

Reddit posted Q1 revenue $663 million, up 69% YoY, beating consensus $609.8 million, while EPS missed at $1.01 vs $1.11.
Daily active unique users rose 17% YoY to 126.8 million, with a 4% sequential increase and international users up 26%.
Adjusted EBITDA surged 131% to $266 million and free cash flow jumped to $311 million, supporting a bullish Q2 revenue outlook of $715‑$725 million.
Stock rose 3.9% in after‑hours trading; CEO Steve Huffman highlighted 91.5% gross margins and AI‑driven growth prospects.