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Reddit, Inc. (RDDT) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

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Reddit, Inc. (RDDT) Goldman Sachs Communacopia + Technology Conference 2026 September 8, 2026 1:50 PM EDT

Company Participants

Steven Huffman – Co-Founder, CEO, President & Director

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Conference Call Participants

Eric Sheridan – Goldman Sachs Group, Inc., Research Division

Presentation

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Eric Sheridan
Goldman Sachs Group, Inc., Research Division

So in the interest of time, I think we’re going to get going on the next one. It’s my pleasure to host the team from Reddit at the conference. We’ve got Steve Huffman, CEO.

Steve, thanks so much for being part of the conference.

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Steven Huffman
Co-Founder, CEO, President & Director

Thanks, Eric. My pleasure. Thanks for having us.

Eric Sheridan
Goldman Sachs Group, Inc., Research Division

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Okay. So before we get started, I’ve got to do my legal duties. Some of the statements made today could be considered forward-looking. These statements involve a number of risks and uncertainties that could cause actual results to differ materially. Please refer to Reddit’s Forms 10-K and 10-Q, including the risk factors. Any forward-looking statements made are based on assumptions as of today and Reddit undertakes no obligation to update them.

Question-and-Answer Session

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Eric Sheridan
Goldman Sachs Group, Inc., Research Division

Okay. So with that out of the way, you went public in the middle of 2024, the company has scaled meaningfully since then. Talk a little bit — let’s go backwards before we go forward, and talk a little bit about the journey the company has been on and how the company has evolved over the last 18 months.

Steven Huffman
Co-Founder, CEO, President & Director

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So since going public, it’s been a nice run. We have been profitable on a GAAP basis for a while now. We’ve had 60% revenue growth, 8 quarters in a row, 90% gross margins. We were added to the S&P 500 a couple of weeks ago, and like in

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