RDDT · Reddit, Inc.

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) will join the S&P 500 index, effective prior to market open on Tuesday, August 18th. Its addition to the S&P 500 underscores Reddit’s value, sustained performance as a public company, and its 1-of-1 financial model, highlighted by a rare combination of growth and best-in-class profit and cash flow margins. “We’re proud to be added to the S&P 500, recognizing the growth, momentum, and consistency we’ve established as a public company,” said Drew Vollero, Reddit’s Chief Financial Officer. “Reddit’s raw materials are special, and there is so much potential to continue building great products and scaling profitably. Our focus remains on executing against the many opportunities ahead.” Reddit’s differentiated model is powered by deeply engaged communities and authentic human conversation. As one of the most visited websites in the U.S. and the world, Reddit plays an increasingly important role in the AI ecosystem as more people seek real information and human perspectives. Its platform is an ever-growing corpus of 26+ billion posts and comments that capture human experiences across nearly every topic. Reddit’s inclusion in the S&P 500 is an off-cycle index change prompted by the acquisition of a current S&P 500 constituent. With this change, Reddit will be recognized as one of the ~500 largest and most influential public companies in the U.S., and is one of the fastest-growing companies in the S&P 500. For more information on the S&P 500 Index and index reconstitution, please visit www.spdji.com . About Reddit Reddit is a community of communities. Built on shared interests and passions, it is home to the most open and authentic conversations online. Every day, millions of people post, vote, comment, and search for answers across nearly every topic imaginable, and brands build trusted relationships with their audiences. With 26+ billion posts and comments and more than 130 million daily active uniques, Reddit is one of the internet’s largest sources of information. Learn more at www.redditinc.com . The Reddit app is available on the App Store and Google Play. About S&P Dow Jones Indices S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com . Investor Relations [email protected] Media Relations [email protected] Source: Reddit, Inc.

Daily Active Uniques (“DAUq”) increased 18% year-over-year to 130.3 million Weekly Active Uniques (“WAUq”) increased 24% year-over-year to 514.6 million, crossing half a billion Revenue of $805 million grew 61% year-over-year. 8th consecutive quarter over 60% Net income of $253 million, 31% of revenue, and Diluted EPS of $1.25, both up over 2x year-over-year Adj. EBITDA 1 of $343 million, 43% of revenue, up 106% year-over-year Operating cash flow of $262 million, 33% of revenue, up 135% year-over-year SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended June 30, 2026. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com . “In an increasingly automated web, the value of real human perspective has never been higher. Reddit’s commercial momentum reflects that,” said Steve Huffman, Founder and CEO of Reddit. “Crossing $1 million in revenue per employee and maintaining eight consecutive quarters of over 60% revenue growth shows the strength of our community model and the value we deliver to advertisers.” Total revenue increased 61% year-over-year to $805 million, Ad revenue increased 64% year-over-year to $762 million, and Other revenue increased 24% year-over-year to $43 million Gross margin was 91.3%, as compared to 90.8% in the prior year, up 50 bps year-over-year Net income was $253 million, an improvement of $164 million from the prior year and more than doubling year-over-year Adjusted EBITDA 1 was $343 million, an improvement of $176 million from the prior year and more than doubling year-over-year Operating cash flow was $262 million, an improvement of $151 million from the prior year and more than doubling year-over-year Free Cash Flow 1 was $261 million, an improvement of $150 million from the prior year and more than doubling year-over-year Basic and diluted earnings per share (“EPS”) were $1.31 and $1.25, more than doubling year-over-year Total fully diluted shares outstanding were 207.0 million as of June 30, 2026, up 0.2% from the prior year We repurchased 1.5 million shares of our Class A common stock during the quarter for a total of $235 million at an average price per share of $157.57 Second Quarter 2026 Financial Highlights Three months ended June 30, (in millions, except percentages and per share amounts; unaudited) 2026 2025 % Change Revenue $ 805 $ 500 61 % U.S. $ 638 $ 409 56 % International $ 167 $ 91 84 % GAAP gross margin 91.3 % 90.8 % Net income $ 253 $ 89 183 % Net margin 31.4 % 17.9 % Net income per share Basic $ 1.31 $ 0.48 173 % Diluted $ 1.25 $ 0.45 178 % Adjusted EBITDA* $ 343 $ 167 106 % Adjusted EBITDA margin* 42.6 % 33.4 % Net cash provided by (used in) operating activities $ 262 $ 111 135 % Free Cash Flow* $ 261 $ 111 135 % Cash, cash equivalents, and marketable securities $ 2,786 *The definitions of Adjusted EBITDA, Adjusted EBITDA margin, and Free Cash Flow can be found in the Use of Non-GAAP Financial Measures section of this release. A reconciliation of non-GAAP financial measures to the most directly comparable U.S. GAAP measure can be found on pages 10-11. Financial Outlook The guidance provided below is based on Reddit’s current estimates and is not a guarantee of future performance. This guidance is subject to significant risks and uncertainties that could cause actual results to differ materially, including the risk factors discussed in Reddit’s reports on file with the Securities and Exchange Commission (the “SEC”). Reddit undertakes no duty to update any forward-looking statements or estimates, except as required by applicable law. As we look ahead, we will share our internal thoughts on revenue and Adjusted EBITDA for the third quarter. In the third quarter of 2026, we estimate: Revenue in the range of $860 million to $870 million Adjusted EBITDA 2 in the range of $385 million to $395 million Earni

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT), announced today that the company’s second quarter 2026 financial results will be released after market close on Thursday, July 30, 2026. Reddit will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/ RDDT . A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Thursday, July 30, 2026, and post responses following the earnings call at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT . About Reddit, Inc. Reddit is a community of communities. Built on shared interests and passions, it is home to the most open and authentic conversations online. Every day, millions of people post, vote, comment, and search for answers across nearly every topic imaginable, and brands build trusted relationships with their audiences. With 25+ billion posts and comments and more than 126 million daily active uniques, Reddit is one of the internet’s largest sources of information. Learn more at www.redditinc.com . The Reddit app is available on the App Store and Google Play. Investor Relations [email protected] Media Relations [email protected] Source: Reddit, Inc.

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced that Steve Huffman, Co-Founder & CEO, will host a fireside chat at the BofA Securities 2026 Global Technology Conference on June 3, 2026 at 3:20 p.m. Pacific Time / 6:20 p.m. Eastern Time. A live audio webcast of the session will be available at Reddit’s Investor Relations website at https://investor.redditinc.com and investor relations subreddit r/RDDT at https://www.reddit.com/r/RDDT/ Reddit’s management team will also host an Ask Me Anything (AMA) on the investor relations subreddit r/RDDT . The community is invited to submit questions at r/RDDT starting Wednesday, June 3, 2026, where Reddit’s management team will provide responses in the subreddit. About Reddit, Inc. Reddit is a community of communities. Built on shared interests and passions, it is home to the most open and authentic conversations online. Every day, millions of people post, vote, comment, and search for answers across nearly every topic imaginable, and brands build trusted relationships with their audiences. With 25+ billion posts and comments and more than 126 million daily active uniques, Reddit is one of the internet’s largest sources of information. Learn more at www.redditinc.com . The Reddit app is available on the App Store and Google Play. Investor Relations [email protected] Media Relations [email protected] Source: Reddit, Inc.

Daily Active Uniques (“DAUq”) increased 17% year-over-year to 126.8 million Revenue grew 69% year-over-year to $663 million Net income of $204 million, 31% of revenue. Diluted EPS of $1.01, up 7x year-over-year Adj. EBITDA 1 of $266 million, 40% of revenue, up 131% year-over-year Operating cash flow of $312 million, 47% of revenue, up 145% year-over-year SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended March 31, 2026. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com . “Reddit is a one-of-one business powered by deeply engaged communities and authentic human conversation,” said Steve Huffman, Founder and CEO of Reddit. “That foundation is driving a rare combination of growth, profitability, and efficiency, and giving Reddit a unique advantage in the age of AI.” Total revenue increased 69% year-over-year to $663 million, Ad revenue increased 74% year-over-year to $625 million, and Other revenue increased 15% year-over-year to $39 million Gross margin was 91.5%, as compared to 90.5% in the prior year Net income was $204 million, an improvement of $178 million from the prior year Adjusted EBITDA 1 was $266 million, an improvement of $151 million from the prior year Operating cash flow was $312 million, an improvement of $185 million from the prior year Free Cash Flow 1 was $311 million, an improvement of $185 million from the prior year Basic and diluted earnings per share (“EPS”) were $1.07 and $1.01, up 664% and 677% from the prior year, respectively Total fully diluted shares outstanding were 206.4 million as of March 31, 2026, up 0.2% from the prior year First Quarter 2026 Financial Highlights <table cellspacing="0" class="bwtablemargin

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT), announced today that the company’s first quarter 2026 financial results will be released after market close on Thursday, April 30, 2026. Reddit will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/ RDDT . A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Thursday, April 30, 2026, and post responses following the earnings call at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT . About Reddit, Inc. Reddit is a community of communities. Built on shared interests and passions, it’s home to the most open and authentic conversations online. Every day, millions of people post, vote, comment, and search for answers across nearly every topic imaginable, and brands build trusted relationships with their audiences. With 24+ billion posts and comments and more than 121 million daily active uniques, Reddit is one of the internet’s largest sources of information. Learn more at www.redditinc.com . The Reddit app is available on the App Store and Google Play. Investor Relations [email protected] Media Relations [email protected] Source: Reddit, Inc.

Daily Active Uniques (“DAUq”) increased 19% year-over-year to 121.4 million Q4 Revenue grew 70% year-over-year to $726 million. 2025 Revenue grew 69% to $2.2 billion Q4 Net Income $252 million, 35% of revenue. 2025 Net Income $530 million, 24% of revenue Q4 Adj. EBITDA 1 $327 million, 45% of revenue. 2025 Adj. EBITDA 1 $845 million, 38% of revenue Reddit’s Board of Directors authorized repurchase program of up to $1 billion of Class A common stock SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter and full year ended December 31, 2025. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com . “We’re entering the next era of Reddit—defined by sharper execution, global expansion, and product innovation that puts real people and conversations at the center,” said Steve Huffman, Reddit Co-Founder and CEO. “Our focus is on turning Reddit’s authenticity into even more everyday utility.” Fourth quarter 2025 Total revenue increased 70% year-over-year to $726 million, Ad revenue increased 75% year-over-year to $690 million, and Other revenue increased 8% year-over-year to $36 million Gross margin was 91.9%, as compared to 92.6% in the prior year Net income was $252 million, an improvement of $181 million from the prior year Adjusted EBITDA 1 was $327 million, an improvement of $173 million from the prior year Operating cash flow was $267 million, an improvement of $177 million from the prior year Free Cash Flow 1 was $264 million, an improvement of $174 million from the prior year Basic and diluted earnings per share (“EPS”) were $1.32 and $1.24, respectively Total fully

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) announced today that the company’s fourth quarter and full year 2025 financial results will be released after market close on Thursday, February 5, 2026. Reddit will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/ RDDT . A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Thursday, February 5, 2026, and post responses following the earnings call at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT . About Reddit, Inc. Reddit is a community of communities. It’s built on shared interests, passion, and trust, and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and 116 million daily active unique visitors, Reddit is one of the internet’s largest sources of information. For more information, visit www.redditinc.com . Investor Relations [email protected] Media Relations [email protected] Source: Reddit, Inc.

Daily Active Uniques (“DAUq”) increased 19% year-over-year to 116.0 million Revenue grew 68% year-over-year to $585 million Gross margin expanded year-over-year to 91.0% Net income of $163 million, 28% of revenue. Diluted EPS of $0.80 Adjusted EBITDA 1 of $236 million, 40% of revenue Operating cash flow of $185 million Fully diluted shares of 206.1 million, down both sequentially and year-over-year SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended September 30, 2025. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com . “Reddit provides something rare on the Internet,” said Steve Huffman, Reddit Co-Founder and CEO. “444 million people come here each week for authentic conversations they can’t find anywhere else, and increasingly, for engagement with brands, institutions and publishers.” Total revenue increased 68% year-over-year to $585 million, Ad revenue increased 74% year-over-year to $549 million, and Other revenue increased 7% year-over-year to $36 million Gross margin was 91.0%, an improvement of 90 basis points from the prior year Net income was $163 million, an improvement of $133 million from the prior year Adjusted EBITDA 1 was $236 million, an improvement of $142 million from the prior year Operating cash flow was $185 million, an improvement of $114 million from the prior year Free Cash Flow 1 was $183 million, an improvement of $113 million from the prior year Basic and diluted earnings per share (“EPS”) were $0.87 and $0.80, respectively Total fully diluted shares outstanding were 206.1 million as of September 30, 2025, down 0.2% from the prior quarter and down 0.1% from the prior year

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT), announced today that the company’s third quarter 2025 financial results will be released after market close on Thursday, October 30, 2025. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/ RDDT . A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Thursday, October 30, 2025, and post responses following the earnings call at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT . About Reddit, Inc. Reddit is a community of communities. It’s built on shared interests, passion, and trust, and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and 110+ million daily active unique visitors, Reddit is one of the internet’s largest sources of information. Investor Relations Jesse Rose [email protected] Media Relations Gina Antonini [email protected] Source: Reddit, Inc.

Daily Active Uniques (“DAUq”) increased 21% year-over-year to 110.4 million Revenue grew 78% year-over-year to $500 million Gross margin expanded year-over-year to 90.8% Net income of $89 million, 18% of revenue. Diluted EPS of $0.45 Adjusted EBITDA 1 of $167 million, 33% of revenue Operating cash flow of $111 million. Fully diluted shares of 206.6 million, up 0.3% sequentially SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended June 30, 2025. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com . “Reddit is built for this moment. In a world where connection is increasingly rare, our communities show how valuable human conversation and knowledge really are,” said Steve Huffman, Reddit Co-Founder and CEO. “We’re focused on growing globally, scaling sustainably, and making Reddit the most trusted place on the internet.” Total revenue increased 78% year-over-year to $500 million, Ad revenue increased 84% year-over-year to $465 million, and Other revenue increased 24% year-over-year to $35 million Gross margin was 90.8%, an improvement of 130 basis points from the prior year Net income was $89 million, as compared to net loss of $(10) million in the prior year Adjusted EBITDA 1 was $167 million, an improvement of $127 million from the prior year Operating cash flow was $111 million, an improvement of $83 million from the prior year Free Cash Flow 1 was $111 million, an improvement of $84 million from the prior year Basic and diluted earnings per share (“EPS”) were $0.48 and $0.45, respectively Total fully diluted shares outstanding were 206.6 million as of June 30, 2025, up 0.3% from the prior quarter Second Quarter 2025 Financial Highlights <table cellspacing="0"

SAN FRANCISCO--(BUSINESS WIRE)-- Reddit, Inc. (NYSE: RDDT), announced today that the company’s second quarter 2025 financial results will be released after market close on Thursday, July 31, 2025. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/ RDDT . A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Thursday, July 31, 2025, and post responses following the earnings call at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT . About Reddit, Inc. Reddit is a community of communities. It’s built on shared interests, passion, and trust, and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and 108+ million daily active unique visitors, Reddit is one of the internet’s largest sources of information. Investor Relations Jesse Rose [email protected] Media Relations Gina Antonini [email protected] Source: Reddit, Inc.