Filing Flows › Reddit (RDDT) › Guidance history
Reddit (RDDT) guidance history: what it guided and what it reported
Reddit gave guidance in 11 earnings releases on file since May 7, 2024. Of 7 guided periods since reported, it met or beat its own guidance 7 times (100%). Revenue: 7 of 7, on average +10.1% against the guided midpoint.
Revenue
Met or beat 7 of 7 periods (7 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $860M–$870M (Jul 30, 2026) | $895M | above the range | +3.5% |
| Q2 2026 | $715M–$725M (Apr 30, 2026) | $805M | above the range | +11.8% |
| Q1 2026 | $595M–$605M (Feb 5, 2026) | $663M | above the range | +10.6% |
| Q4 2025 | $655M–$665M (Oct 30, 2025) | $726M | above the range | +9.9% |
| Q3 2025 | $535M–$545M (Jul 31, 2025) | $585M | above the range | +8.3% |
| Q2 2025 | $410M–$430M (May 1, 2025) | $500M | above the range | +19.0% |
| Q1 2025 | $360M–$370M (Feb 12, 2025) | $392M | above the range | +7.5% |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 90.5% (Feb 12, 2025) | — | — | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $385M–$395M (Jul 30, 2026) | — | — | — |
| Q2 2026 | $285M–$295M (Apr 30, 2026) | — | — | — |
| Q1 2026 | $210M–$220M (Feb 5, 2026) | — | — | — |
| Q4 2025 | $275M–$285M (Oct 30, 2025) | — | — | — |
| Q3 2025 | $185M–$195M (Jul 31, 2025) | — | — | — |
| Q2 2025 | $110M–$130M (May 1, 2025) | — | — | — |
| Q1 2025 | $80.0M–$90.0M (Feb 12, 2025) | — | — | — |
| Q4 2024 | $110M–$125M (Oct 29, 2024) | — | — | — |
| Q3 2024 | $40.0M–$60.0M (Aug 6, 2024) | — | — | — |
| Q2 2024 | $0–$15.0M (May 7, 2024) | — | — | — |
The latest quarter
Reddit, Q3 2026: revenue $895M (+53% year over year), operating margin 29.2%, net earnings $283M, operating cash flow $364M. The chart follows the revenue to costs, profit and cash.
Questions
Does Reddit beat its guidance?
Reddit gave guidance in 11 earnings releases on file since May 7, 2024. Of 7 guided periods since reported, it met or beat its own guidance 7 times (100%). Revenue: 7 of 7, on average +10.1% against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.