Reddit reported second-quarter 2026 advertising revenue up 64% year over year to $762 million, its eighth straight quarter of more than 60% revenue growth. The platform reaches more than 0.5 billion people weekly, including over 130 million daily users, and new app user retention improved 50% year over year. Advertiser usage of its AI-driven ad suite, Reddit Max, grew more than 60% from the first quarter, with revenues from Max campaigns up more than 150%. For the third quarter of 2026, management expects revenues of $860 million to $870 million, or 47% to 49% growth. The article compares this with Meta Platforms, whose third-quarter 2026 advertising revenue was $63.1 billion, up 26%, and Snap, whose second-quarter advertising revenue rose 9% to $1.28 billion.
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META
• NeutralMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/23/2026 | 642.62 |
| Change that session | -0.96% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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