Reddit News - May 2026
Reddit Faces DOJ Subpoena for Data on ICE Critics, Sparking Privacy Fears
The Department of Justice (DOJ) subpoenaed Reddit, Inc. for personal information belonging to users who criticized U.S. Immigration and Customs Enforcement...
Reddit Crushed Q1 With 69% Revenue Growth — but Can a $1 Million Capex Company Really Sustain a Premium Valuation?
Shares of Reddit surged past $173 after a Q1 earnings report that obliterated Wall Street estimates on nearly every line, raising a pointed question: how long...
Reddit's first quarter 2026 revenue surged 69% year-over-year, driven by strong user growth.
Reddit reported first quarter revenue of $663 million, up 69% year-over-year, with a diluted EPS of $1.01. Daily Active Uniques (DAUq) grew 17% to 126.8...
Reddit Shares Surge, Beating Sales and User Estimates in First Post-IPO Report
Reddit surpassed analyst expectations for revenue and user growth in its first quarterly earnings report as a public company. First-quarter revenue surged 69%...