Reddit Reports Q3 2026 Earnings and Issues Q4 Revenue Guidance

Reddit reported third-quarter 2026 revenue and earnings above analyst expectations, but its fourth-quarter revenue guidance came in below market forecasts. Management projected a lower-double-digit percentage decline in traffic, attributing it to a significant drop in referrals from Google search. Analysts said the shift toward AI-generated search answers is affecting Reddit’s ability to attract users, and some firms downgraded the stock.