The news: Reddit kicked off 2025 with a blowout quarter, reporting a 61% YoY revenue jump and a return to profitability, per its latest shareholder letter. The company continues to position itself as an advertising workhorse and an emerging player in AI-powered user experiences.

By the numbers:

• Reddit posted $26.2 million in net income, a dramatic turnaround from a $575 million loss a year prior.
• Total ad revenues reached $358.6 million, marking a 61% gain from Q1 2024.