Analysis indicates that Reddit's revenue will reach $805 million in Q2 2026, with a net profit of $253 million, outperforming quantum computing company Rigetti Computing.
An analysis article points out that social media giant Reddit achieved revenue of $805 million in the Q2 of fiscal year 2026, a year-over-year increase of 61%, and a net profit of $253 million, a year-over-year increase of 183%. In contrast, quantum computing company Rigetti Computing reported revenue of $5.1 million and a net loss of $52.6 million during the same period. The analysis suggests that, given Reddit's continuous business growth and strong financial condition, its stock performance is superior to the more speculative Rigetti Computing.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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