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Reddit Reports Strong Q2 Revenue Growth But 'Choppy' Search Traffic

  • Reuters, Thursday, July 30, 2026 8:25 PM

Reddit saw its Q2 revenue leap by 61% to $805 million, surpassing estimates of $730.4 million, Reuters reports. But it experienced uneven search-engine traffic, affecting U.S. user growth. "Search referrals were choppy in the quarter, and traffic was more volatile later in the quarter, but the bigger picture is unchanged: the commercial business is strong," said Steve Huffman, co-founder and CEO, in a letter to shareholders.

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