Reddit Stock Slides 34% in Six Months After Earnings Release Sparks Sell-Off

Reddit Inc.'s shares closed at $139.83 on the New York Stock Exchange on February 6, 2026, down 7.43% from the previous day's close of $151.05.

The stock has lost 33.98% of its value since August 7, 2025, when it closed at $211.82.

Reddit, which went public in March 2024, reported fourth-quarter revenue of $726 million on February 5, a 70% increase from the fourth quarter of 2024.

Full-year 2025 revenue reached $2.2 billion, up 69% from the prior year. Fourth-quarter net income totaled $252 million, or 35% of revenue, while full-year net income hit $530 million, or 24% of revenue.

Daily active unique users grew 19% year-over-year to 121.4 million in the fourth quarter. Reddit also authorized a $1 billion share repurchase program on February 5.

"Daily Active Uniques ('DAUq') increased 19% year-over-year to 121.4 million," the company stated in its earnings release.

"Q4 Revenue grew 70% year-over-year to $726 million," the release added.

The stock's 52-week high stands at $282.95, reached on September 18, 2025, while the 52-week low is $79.75.

Trading volume on February 6 exceeded 22 million shares.