Reddit’s third-quarter 2026 results, released after market close on October 29, delivered an earnings beat with diluted EPS of $1.40 versus consensus estimates of approximately $1.33–$1.36 and revenue of $895 million against expectations near $878 million. Advertising revenue rose 54% year-over-year while adjusted EBITDA reached $402 million, extending a streak of outperformance driven by monetizable logged-in and app users. This confirmed performance underpins the 100% market-implied odds for a beat. Although Q4 revenue guidance of $1.00–$1.03 billion fell short of some forecasts amid ongoing search-referral declines, the reported quarter’s metrics leave little scope for reversal absent subsequent restatements.