Reddit reports Q3 revenue up 68% YoY to $585M, vs. $546M est., and daily active uniques up 19% to 116M, vs. 114M est.; RDDT jumps 5%+
Jonathan Vanian / CNBC :
Reddit reports Q2 revenue up 78% YoY to $500M, vs. $426M est., daily active uniques up 21% YoY to 110.4M, and Q3 guidance above est.; RDDT jumps 20%+
Analysts Remain Cautious Despite The Surge Bill McColl / Yahoo Finance : Reddit Turns a Profit as User Gains Boost Revenue Reddit : Second Quarter 2025 Results Paul Hill / Neowin : Reddit's record pro...
Sources: Substack is pitching investors on a round between $50M and $100M that would value it above its prior ~$700M valuation, and is generating ~$45M in ARR
a company that has turned tools for sellers into a real platform — or even better a new social network like Reddit that took years to turn into the $25 [image] Simon Owens / @simonowens : It's pretty ...
Reddit reports Q1 revenue up 61% YoY to $392M, vs. $370M est., global daily active uniques up 31% to 108.1M, Q2 guidance above est.; RDDT jumps 5%+ after hours
Jonathan Vanian / CNBC :
Identity verification startup Persona, which has 3,000+ clients, raised a $200M Series D led by Ribbit at a $2B valuation, taking its total funding to $417M
Persona helps companies like OpenAI, LinkedIn and Reddit verify the identities of millions of users at a time when AI agents have made it increasingly difficult to do so.
Reddit reports Q4 revenue up 71% YoY to $428M, vs. $405M est., and daily active uniques up 39% YoY to 101.7M, vs. 103.1M est.; RDDT drops 5%+
Jonathan Vanian / CNBC :
A look at Reddit's growth in sports fan communities; internal data: Reddit recorded a 35% YoY increase in engagement in 1,000+ sports-themed Subreddits in 2024
Sam Bradley / Digiday :
Reddit's 12% stock rally on November 5 grew its market cap to $21.52B, passing the $20.45B market cap of Snap, which has 4x as many users and 4x as much revenue
Martin Peers / The Information :
Reddit reports Q3 revenue up 68% YoY to $348.4M, vs. $312.8M est., DAUs up 47% YoY to 97.2M, vs. 96.5M est., ARPU of $3.58, vs. $3.24 est.; RDDT jumps 30%+
Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported third-quarter results …
Digital marketing software company Ibotta closes up 17% at $103.25 per share in its trading debut, after raising ~$577.3M in an IPO priced above marketed range
Above Marketed Range X: Katie Roof / @katie_roof : Ibotta closed up 17% today, following Reddit and Instacart as only the 3rd internet IPO since 2021 Hans Tung / @hanstung : 1/ Congrats to @bryan_leac...