Reddit Inc. Quarterly Report Q2 2025

This document is Reddit Inc.'s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission (SEC), providing a comprehensive overview of the company's financial performance, operational status, and potential risks for the three and six months ended June 30, 2025. It includes unaudited consolidated financial statements such as balance sheets, statements of operations, and cash flows, alongside management's discussion and analysis of key financial and operating metrics, including daily active uniques (DAUq) and average revenue per unique (ARPU). The report also details significant accounting policies, recent accounting pronouncements, and legal matters, including a class action lawsuit filed in June 2025. Furthermore, it outlines various risk factors that could impact the business, such as maintaining user engagement, attracting advertisers, managing cybersecurity, complying with evolving regulations, and potential changes in intellectual property laws, while also noting the company's multi-class stock structure and its implications for corporate control.

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