Reddit (RDDT) reported third-quarter 2026 revenue of $895 million, up 53% from a year earlier, and GAAP net income of $283 million, up 74%. Diluted earnings per share were $1.40, while basic EPS was $1.47.
The company reported 130.3 million daily active uniques and 515.2 million weekly active uniques. Reddit forecast fourth-quarter revenue of $1.0 billion to $1.03 billion.
- U.S. revenue was $719 million, up 50%, while international revenue was $176 million, up 67%.
- Operating cash flow totaled $364 million, compared with $185 million a year earlier.
- Cash, cash equivalents and marketable securities totaled $3.03 billion as of September 30, 2026.
- Reddit repurchased about 670,000 Class A shares for $100 million during the quarter.
$RDDT Insider Trading Activity
$RDDT insiders have traded $RDDT stock on the open market 152 times in the past 6 months. Of those trades, 0 have been purchases and 152 have been sales.
Here’s a breakdown of recent trading of $RDDT stock by insiders over the last 6 months:
- JENNIFER L. WONG (Chief Operating Officer) has made 0 purchases and 55 sales selling 312,500 shares for an estimated $53,052,635.
- STEVE LADD HUFFMAN (CEO & President) has made 0 purchases and 95 sales selling 213,924 shares for an estimated $35,712,302.
- ROBERT A. SAUERBERG sold 5,128 shares for an estimated $820,069
- MICHELLE MARIE REYNOLDS (Chief Accounting Officer) sold 808 shares for an estimated $161,600
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$RDDT Hedge Fund Activity
We have seen 557 institutional investors add shares of $RDDT stock to their portfolio, and 351 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JERICHO CAPITAL ASSET MANAGEMENT L.P. added 3,335,221 shares (+inf%) to their portfolio in Q2 2026, for an estimated $578,927,661
- EDGEWOOD MANAGEMENT LLC added 1,654,818 shares (+inf%) to their portfolio in Q2 2026, for an estimated $287,243,308
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,385,074 shares (+115.3%) to their portfolio in Q2 2026, for an estimated $240,421,144
- TIGER GLOBAL MANAGEMENT LLC removed 1,315,096 shares (-34.2%) from their portfolio in Q2 2026, for an estimated $228,274,363
- BAILLIE GIFFORD & CO added 1,210,384 shares (+20.2%) to their portfolio in Q2 2026, for an estimated $210,098,454
- MARSHALL WACE, LLP removed 1,036,713 shares (-41.6%) from their portfolio in Q2 2026, for an estimated $179,952,642
- ALYESKA INVESTMENT GROUP, L.P. removed 1,008,517 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $175,058,380
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
