🔹 Revenue: $585M (Est. $548.9M) 🟢; UP +68% YoY
🔹 EPS (Diluted): $0.80 (Est. $0.51) 🟢
🔹 Adj EBITDA: $236M (Est. $195.6M) 🟢
🔹 Net Income: $162.7M (Est. $104.3M) 🟢
🔹 Daily Active Users: 116.0M (Est. 114.16M) 🟢; UP +19% YoY
Guidance (Q4’25)
🔹 Revenue: $655M–$665M (Est. $638M) 🟢
🔹 Adjusted EBITDA: $275M–$285M (Est. $260M) 🟢
Other Metrics
🔹 GAAP Gross Margin: 91.0%; UP +90 bps YoY
🔹 Operating Cash Flow: $185M
🔹 Free Cash Flow*: $183M
🔹 Fully Diluted Shares: 206.1M (down Q/Q and YoY)
CEO Commentary
🔸 “444 million people come here each week for authentic conversations they can’t find anywhere else, and increasingly, for engagement with brands, institutions and publishers.” — Steve Huffman, Co-Founder & CEO
