After being harried by complaints that its search perform wanted enhancing, Reddit has in the previous couple of years invested in its search engine, and has even added AI options to assist its customers discover what they’re searching for. It seems that funding is lastly paying off: The corporate has seen a 30% year-on-year soar within the variety of individuals utilizing search each week, CEO Steve Huffman mentioned on Thursday.
Huffman famous that search has been one of many main drivers of person acquisition and retention for the platform.
“On search, we’ve got seen nice efficiency. Search DAUs, WAUs, and queries are up meaningfully year-over-year. It’s an awesome driver of retention and DAUs. The search workforce is, fairly frankly, I believe doing an awesome job. For those who use Reddit Solutions, you possibly can see it’s higher built-in into the product,” he mentioned on the corporate’s first quarter post-results convention name.
Earlier in February, the platform began testing product placement by AI search ends in the U.S.
Huffman mentioned that round 40% of conversations on Reddit are business in nature, and 84% consumers really feel extra assured of their shopping for selections after researching on Reddit.
The social platform ended the quarter with greater than 493 million weekly energetic distinctive customers (WAUq), up 23% from the identical interval final yr, and about 126 million each day energetic distinctive customers (DAUq), a 17% enchancment from a yr earlier.
Reddit reported a 7% enchancment in U.S. guests, reaching 53.5 million DAUqs, and 73.3 million DAUqs internationally, a 26% enhance. The corporate mentioned it plans to achieve a billion each day customers worldwide and 100 million each day customers within the U.S.
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Moreover search, the corporate mentioned its machine translation function, which now helps over 30 languages, has pushed important person progress previously few quarters.
Reddit reported income of $663 million in Q1 2026, beating Wall Avenue’s expectations of $609.8 million. The corporate additionally mentioned it solely spent $1 million in capital expenditures within the quarter.
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