NYSE:RDDTInteractive Media and Services
Reddit (RDDT) Is Up 11.4% After Q1 Profit Surge On Ads And AI Data Deals - Has The Bull Case Changed?
In the first quarter of 2026, Reddit, Inc. reported sales of US$663.41 million and net income of US$203.98 million, with basic earnings per share from continuing operations of US$1.07, all sharply higher than a year earlier.
Beyond strong ad growth, Reddit’s expanding high-margin data licensing business, supported by multi-year AI training deals, is increasingly shaping its profit profile.
We’ll now examine how Reddit’s strong Q1 revenue and profit jump, powered by advertising and data...