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Reddit's Q2 Earnings Surge as AI and Ads Drive Growth

SAN FRANCISCO COUNTY, CALIFORNIA, AUG 1 – Advertising accounts for 93% of Reddit's revenue, which grew 78% year-over-year to $500 million, driven by AI-powered tools and new ad features, the company reported.

Reddit’s quarter earnings report highlights significant strides in its AI and advertising initiatives, resulting in a substantial revenue increase. The report, which was released on Thursday, shows the social media giant reporting that advertising continues to be its dominant revenue stream, accounting for a staggering $465 million, or 93% of total revenue. The company’s focus on AI-powered advertising tools has played a crucial role in this gro…

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nextbigwhat broke the news in on Friday, August 1, 2025.
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