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Reddit Inc. (RDDT) saw a remarkable 300% increase in its stock price since its IPO in March 2022, highlighting its status as a rapidly growing media outlet. The company reported Q2 2025 revenue of $499.63 million, an increase of 77% year-over-year, primarily driven by an 84% rise in advertising revenue to $465 million.
Reddit’s user engagement surged, with global daily active users (DAU) growing 21% to 110.4 million and international DAU increasing 32% to 60.1 million in Q2. Notably, the company achieved its first profitable quarter, reporting an adjusted net income of $89 million, compared to a loss of $10 million in Q2 2024.
Reddit is projected to continue its growth trajectory, with expectations of 58% revenue growth in Q3, bringing total revenue to $549.69 million compared to $348.35 million in the prior year. Analysts project annual sales will increase by over 57% in fiscal 2025, aiming for a total of $2.74 billion by FY26.
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