{
  "schema_version": "1.1",
  "id": "reddit-q2-2026-revenue-805-million-up-61-percent",
  "slug": "reddit-q2-2026-revenue-805-million-up-61-percent",
  "url": "https://groundedkit.com/claims/reddit-q2-2026-revenue-805-million-up-61-percent/",
  "api_url": "https://groundedkit.com/api/claims/reddit-q2-2026-revenue-805-million-up-61-percent.json",
  "claim": "Reddit's Q2 2026 revenue was $805 million, up 61%, with ad revenue of $762 million",
  "commonly_cited_as": "\"Reddit ad revenue is booming\"",
  "verdict": "verified",
  "verdict_definition": "Primary source found; it says the same thing, the scope matches, and it is reasonably current.",
  "confidence": "high",
  "rating": {
    "value": 5,
    "best": 5,
    "worst": 1
  },
  "origin": {
    "publisher": "Reddit, Inc.",
    "title": "Reddit Reports Second Quarter 2026 Results (July 30, 2026)",
    "year": "2026"
  },
  "quote": "Total revenue increased 61% year-over-year to $805 million, Ad revenue increased 64% year-over-year to $762 million",
  "method": "Company-reported quarterly results.",
  "drift": [
    "Quarterly figures; growth rates are year over year"
  ],
  "interest": "Company reporting its own results.",
  "safe_rephrasing": "Reddit reported Q2 2026 revenue of $805 million (up 61%), including $762 million in ad revenue (up 64%).",
  "sources": [
    {
      "title": "Reddit — Q2 2026 results",
      "url": "https://investor.redditinc.com/news-events/news-releases/news-details/2026/Reddit-Reports-Second-Quarter-2026-Results/default.aspx",
      "primary": true
    }
  ],
  "kind": "reference_fact",
  "as_of": "Q2 2026",
  "last_checked": "2026-10-16",
  "stale": false,
  "date_reviewed": "2026-10-16",
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/"
}