Q4 beat, $1B buyback/FCF path, Q1 05/12 watch
Key Questions
What were Reddit's Q4 earnings highlights?
Q4 revenue hit $726M (+70%), EPS $1.24, net income $252M (35% margin), FCF +$174M, and $1B buyback announced. Cash at $2.48B supports growth.
What is the Q1 outlook and full-year guidance for RDDT?
Q1 EPS guidance $0.62 (+377%), revenue $614M (+56%), consensus $0.64; FY EPS $4.02 (+53%), revenue $2.32B (+43%). Watch Q1 report on 05/12.
How has Reddit's user growth performed recently?
MAU over 1B, DAU 121M (+19%), WAU 471M (+24%); ads revenue $690M (+75%). Zacks notes strong user growth as a sign for upside potential.
Q4 rev $726M +70%/EPS $1.24/NI $252M 35% margin/FCF +$174M/$1B buyback; Q1 EPS $0.62 +377%/rev $614M +56%/MAU 1B+/DAU 121M +19%/WAU471M+24% (cons $0.64/FY $4.02/$2.32 +53%/43%); ARPU/RPM/ads focus amid plunge/SBC drag; ties to FTSE bull; Zacks P/S 7.58x Hold; Q1 ~Apr30/May.
Sources (2)
Updated Apr 8, 2026