Reddit Inc Class A Shares

RDDT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Reddit Earnings: Ad Engine Firing on All Cylinders, but US User Growth Stalls

Malik Ahmed Khan , Dhruv Kothari

Jul 31, 2026

Reddit reported second-quarter financial results, which included sales growing 61% and adjusted EBITDA margins expanding 920 basis points. Shares fell after hours, likely due to flat sequential US user growth and continued search referral headwinds.

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Reddit Inc Class A Shares

Reddit Earnings: Ad Engine Firing on All Cylinders, but US User Growth Stalls

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