Reddit (RDDT) earnings for the quarter ended September 2026: EPS beats estimates
Reddit reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $1.40 against the analysts’ average forecast of $1.33, a beat of 5.6%.
Revenue for the quarter was $895 million, up 53.0% from $585 million in the same quarter a year earlier.
The market’s verdict: the stock fell 31.9% on the first trading day after the report.
The last four quarters
Reddit has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.40 | $1.33 | +5.6% | +53% | −31.9% |
| Jun 2026 | $1.25 | $0.96 | +29.6% | +61% | −21.0% |
| Mar 2026 | $1.01 | $0.56 | +79.1% | +69% | +12.7% |
| Dec 2025 | $1.24 | $0.93 | +33.1% | +70% | −8.4% |
What comes next
Analysts expect EPS of $1.83 for the next quarter on average and $5.48 for the fiscal year ending December 31, 2026.
The average analyst price target is $150.01, 52% above the current price of $98.45.
Valuation and score
Reddit scores 2.8 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 20.1, and its intrinsic value under moderate assumptions is about 201% above the current market value. Full Reddit analysis with 10 years of financials
Frequently asked questions
What was Reddit’s EPS for the quarter ended September 2026?
$1.40 adjusted per share, against an analyst consensus of $1.33.
How much revenue did Reddit report?
$895 million, up 53.0% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.