Reddit reported second quarter 2026 financial results for the period ended June 30, 2026. Total revenue increased 61% year-over-year to $805 million, driven by a 64% rise in advertising revenue to $762 million. Net income reached $253 million with diluted earnings per share of $1.25, both more than doubling from the prior year period. Adjusted EBITDA grew 106% to $343 million, and operating cash flow increased 135% to $262 million. Daily active uniques rose 18% to 130.3 million, while weekly active uniques grew 24% to 514.6 million. The company repurchased 1.5 million shares for $235 million during the quarter and provided third-quarter revenue guidance of $860 million to $870 million. Reddit operates in the social media and online community industry, facilitating user-generated content and discussions.