Reddit announces $1B share repurchase program as quarterly earnings top estimates

Reddit (NYSE:RDDT) has reported its 4th fourth and full-year 2025 results, posting net and gross that exceeded Wall Street expectations and unveiling a $1 cardinal stock repurchase program.

For Q4, Reddit reported net per stock of $1.24, surpassing analysts’ statement of $0.94, portion gross reached $726 million, good supra the forecast of $577 million.

Revenue grew 70% year-over-year, driven chiefly by advertising, which roseate 75% to $690 million. Other gross contributed $36 million, up 8% from the anterior year.

Daily Active Uniques (DAUq) globally totaled 121.4 million, a 19% summation from the anterior year, somewhat supra expert expectations of 120 million.

Net income for the 4th was $252 million, up 255% year-over-year, and adjusted EBITDA reached $327 million.

For the afloat twelvemonth 2025, Reddit generated $2.2 cardinal successful revenue, up 69% from 2024, with nett income of $530 cardinal and adjusted EBITDA of $845 million. Gross margins were 91.2% for the year.

Reddit besides guided Q1 gross of $595 cardinal to $605 million, supra the $577 cardinal statement estimate, and adjusted EBITDA of $210 cardinal to $220 million.

In summation to reporting beardown fiscal results, Reddit’s committee of directors authorized a stock repurchase programme of up to $1 cardinal of Class A communal stock.

“We’re entering the adjacent epoch of Reddit—defined by sharper execution, planetary expansion, and merchandise innovation that puts existent radical and conversations astatine the center,” Reddit CEO Steve Huffman said successful a statement. “Our absorption is connected turning Reddit’s authenticity into adjacent much mundane utility.”

Shares of Reddit fell 3.4% pursuing the report, apt reflecting profit-taking.