NYSE:RDDTInteractive Media and Services
Why Reddit (RDDT) Is Down 8.8% After Launching a $1 Billion Buyback and New Revenue Outlook
In early February 2026, Reddit reported fourth-quarter 2025 revenue of US$725.61 million and net income of US$251.6 million, issued first-quarter 2026 revenue guidance of US$595 million to US$605 million, authorized a US$1.00 billion open-ended share repurchase program, and filed a US$1.73 billion shelf registration linked to employee stock offerings.
Separately, advertising automation platform Shirofune announced it had added Reddit Ads to its omnichannel interface, potentially making it...