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Reddit (RDDT) Q4 FY25 earnings call

Earnings call· Dec 2025 (Q4 FY25)· Communication Services· Feb 5, 2026

Source: earnings call transcript

Reddit concluded FY25 with robust revenue growth and profitability, driven by strong ad platform performance and user engagement. The company is strategically investing in AI-powered product enhancements and automation to improve user experience and advertiser outcomes, while also initiating a significant share repurchase program to deliver shareholder value. Management remains focused on execution to capitalize on its unique position in an evolving internet landscape.

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RDDT operating KPIs by quarter

RDDT operating KPIs stated on its earnings calls, by fiscal quarter
KPI Dec 2024 Q4 FY24 Mar 2025 Q1 FY25 Jun 2025 Q2 FY25 Sep 2025 Q3 FY25This call Dec 2025 Q4 FY25 Mar 2026 Q1 FY26 Jun 2026 Q2 FY26Change vs prior quarter
Daily active uniques (DAUq)
101.7M We finished the year with 101.7 million DAUq, marking 39% growth year-over-year, led by strong international growth at 46%. Source: earnings call transcript
108M We ended the quarter with 401 million weeklies and 108 million dailies, both up 31% year-over-year, and we continue to scale efficiently while investing in the future. Source: earnings call transcript
110M Daily active users grew to 110 million, up 21% year-over-year with growth in both the US and international markets. Source: earnings call transcript
116M We ended the quarter with 116 million DAUq and 444 million WAUq, both growing around 20% year-over-year. Source: earnings call transcript
121M+ In Q4 alone, we welcomed over 121 million daily active users to our platform, up 19% year-over-year and over 471 million weekly active users, up 24%. Source: earnings call transcript
120M+ And over the last 10 years, we've 10x that to over 120 million DAU. Source: earnings call transcript
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Employees
2,233 We ended the year with 2,233 heads, up slightly more than 200 people net for the year. Source: earnings call transcript
2,300+ We ended the quarter with slightly more than 2,300 people, up 3% sequentially. Source: earnings call transcript
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2,555 The company ended with 2,555 total headcount, up 14% versus last year and up about 3% sequentially from Q3, the same pace as the prior quarters. Source: earnings call transcript
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Weekly active uniques (WAUq) —
401M We ended the quarter with 401 million weeklies and 108 million dailies, both up 31% year-over-year, and we continue to scale efficiently while investing in the future. Source: earnings call transcript
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444M We ended the quarter with 116 million DAUq and 444 million WAUq, both growing around 20% year-over-year. Source: earnings call transcript
471M+ In Q4 alone, we welcomed over 121 million daily active users to our platform, up 19% year-over-year and over 471 million weekly active users, up 24%. Source: earnings call transcript
<500M We already have tremendous reach today with nearly 500 million weekly users globally and 200 million in the United States. Source: earnings call transcript
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Average revenue per user (ARPU) ——
$4.53 Average Revenue Per User, ARPU grew 47% year-over-year to $4.53, which is still low on an absolute basis and remains an opportunity. Source: earnings call transcript
$5.04 Average revenue per user, ARPU, grew 41% year-over-year to $5.04, which is still low on an absolute basis and remains an opportunity. Source: earnings call transcript
$5.98 Average revenue per user, or ARPU, grew 42% year-over-year to $5.98. Source: earnings call transcript
$5.23 Average revenue per user ARPU grew 44% year-over-year to $5.23. Source: earnings call transcript
$6.18 Average revenue per unique user grew 36% year-over-year to $6.18. Source: earnings call transcript
+18.2%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.