Reddit Reports Q2 2026 Results, Strong Performance Amid Concerns Over AI’s Future Impact

Reddit reported strong Q2 2026 results, with revenue up 61% year over year to $805 million and net income up 183% to $253 million.

Still, investors worried that search-driven traffic is becoming less stable and that AI-powered search could reduce referrals.

Shares fell more than 10% in after-hours trading despite the earnings beat.

A slight decline in U.S. user counts added to concerns about future growth.