Filing Flows › Reddit (RDDT) › Q3 2026
Reddit (RDDT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Reddit (RDDT) reported revenue of $895M for the third quarter 2026 (Q3 2026), +53% from a year earlier and +11% from the quarter before. Operating margin was 29.2%, net earnings $283M (31.7% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $895M | +11% | +53% |
| Operating profit | $262M | +13% | +89% |
| Net earnings | $283M | +12% | +74% |
| Operating cash flow | $364M | +39% | +96% |
| Free cash flow | $363M | — | +98% |
What changed
Revenue was $895.0M in Q3 2026, up 53% year over year and up 11% from the previous quarter. Advertising revenue was the largest line at 95% of revenue. Advertising revenue added $297.7M year over year (up 54%), 96% of the total change.
Operating profit was $261.6M, a 29.2% margin (up 5.5 points year over year). Of the extra revenue versus Q3 2025, 40% reached operating profit, above the 24% margin then. Total costs grew 42% against revenue growth of 53%. The fastest-growing cost line was Sales & marketing (+63%). Net earnings were $283.3M, up 74% year over year. The effective tax rate was 2.0%.
Operating cash flow was $363.8M (up 96% year over year), 128% of net earnings. Non-cash charges added back $4.3M of depreciation and amortization and $131.3M of share-based compensation. Working capital and other items used $55.0M. After purchases of property and equipment ($1.2M), free cash flow as the company reports it was $362.6M.
Questions
What was Reddit's revenue in the third quarter 2026?
Reddit (RDDT) reported revenue of $895M for the third quarter 2026 (Q3 2026), +53% from a year earlier and +11% from the quarter before.
Was Reddit profitable in the third quarter 2026?
Operating profit was $262M (29.2% of revenue) and net earnings $283M.
Source: Reddit 10-Q on SEC EDGAR.