红迪网 2026年季度报告

FORM 10-Q (Mark One)QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ______ to ______ Commission File Number: 001-41983_________________________ Reddit, Inc. (Exact name of registrant as specified in its charter)_________________________ Delaware (State or other jurisdiction ofincorporation or organization) (415) 494-8016(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days. YesNo Table of Contents Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YesNo As of July29, 2026, the registrant had outstanding 146,103,200 shares of Class A common stock, 46,293,310 shares of Class B commonstock, and no shares of ClassC common stock, each with a par value of $0.0001. Table of Contents Note Regarding Forward-Looking StatementsNote Regarding User Metrics and Other DataPart I. Financial InformationItem 1. Financial Statements (unaudited)Consolidated Statements of OperationsConsolidated Balance SheetsConsolidated Statements of Comprehensive Income (Loss)Consolidated Statements of Stockholders’EquityConsolidated Statements of Cash FlowsNotes to the Consolidated Financial StatementsItem 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and ProceduresPart II. Other InformationItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. ExhibitsSignatures NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve substantial risks anduncertainties. All statements other than statements of historical facts contained in this Quarterly Report on Form 10-Q, includingstatements regarding our strategy, future financial condition, future operations, projected costs, prospects, plans, objectives of management,and expected market growth, are forward-looking statements. In some cases, you can identify forward-looking statements because theycontain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,”“contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” or “continue,” or the negative of these wordsor other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Forward-looking statements contained inthis Quarterly Report on Form 10-Q include, but are not limited to, statements about: •our strategies to increase awareness of Reddit, including through search engine optimization, partnerships, and investment in full-funnel marketing;•our strategies to increase user growth and engagement;•our expectations regarding the growth and availability of valuable and appealing user-generated content on our platform;•our ability to develop new products and services and bring them to market in a timely manner and make enhancements to ourplatform;•our ability to implement artificial intelligence and machine learning to increase user growth and engagement and supportadvertising growth;•user and advertiser growth strategies in geographies outside of the United States and in languages besides English;•strategies to incr