Reddit beats Q3 2026 expectations with ad growth and AI licensing deals

seekingalpha.com —

Reddit reported strong Q3 2026 earnings on October 29, with revenue and user growth exceeding analyst expectations, driven by advertising and AI data licensing deals. Daily active unique users rose significantly year-over-year, while revenue growth accelerated, boosted by improved ad targeting and international expansion. The company also highlighted progress in monetizing its data through partnerships. Management expressed confidence in continued growth, citing investments in machine learning and new ad formats. Executives addressed competition and regulatory concerns, emphasizing Reddit's unique community-driven content as a durable advantage.


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