---
title: "Reddit Stock Rises After Q1 Results Top Expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284831860.md"
description: "Reddit Inc (NYSE:RDDT) reported strong Q1 results, with revenue of $663.41 million, surpassing estimates of $610.88 million, and earnings of $1.01 per share, exceeding the expected 58 cents. The company saw a 69% year-over-year revenue increase and a 17% rise in daily active users to 126.8 million. Reddit expects Q2 revenue between $715 million and $725 million. Following the earnings report, Reddit shares rose 2.56% in after-hours trading, reaching $151."
datetime: "2026-04-30T20:22:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284831860.md)
  - [en](https://longbridge.com/en/news/284831860.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284831860.md)
---

# Reddit Stock Rises After Q1 Results Top Expectations

**Reddit Inc** (NYSE:RDDT) reported financial results for the first quarter after the market close on Thursday. Here’s a look at the key details from the print.

-   **Reddit stock is trading at key levels. Where are RDDT shares going?**

## **Reddit Q1 Highlights**

Reddit posted first-quarter revenue of $663.41 million, beating the consensus estimate of $610.88 million, according to Benzinga Pro. The company reported first-quarter earnings of $1.01 per share, beating analyst estimates of 58 cents per share.

Total revenue climbed 69% on a year-over-year basis as daily active unique (DAUq) users increased 17% year-over-year to 126.8 million.

Reddit generated operating cash flow of $312 million and free cash flow of $311 million in the quarter. The company ended the period with approximately $2.77 billion in cash, cash equivalents and marketable securities.

“Reddit is a one-of-one business powered by deeply engaged communities and authentic human conversation. That foundation is driving a rare combination of growth, profitability, and efficiency, and giving Reddit a unique advantage in the age of AI,” said **Steve Huffman**, co-founder and CEO of Reddit. 

## **What’s Next For Reddit?**

Reddit expects second-quarter revenue to be in the range of $715 million to $725 million versus estimates of $711.63 million. The company anticipates adjusted EBITDA of $285 million to $295 million in the second quarter.

Reddit executives will further discuss the quarter on an earnings call scheduled for 4:30 p.m. ET.

## **Reddit Stock Pops After Earnings**

**RDDT Price Action:** Reddit shares were up 2.56% in after-hours Thursday, trading at $151 at the time of publication, according to Benzinga Pro.

**Read Also: Gary Vaynerchuk Says 'Every Brand On Earth' Should Be Doing This— Or Risk Wasting 93 Cents Of Every Marketing Dollar Spent**

_Image: Shutterstock.com_

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