Reddit's search use jumps 30% YoY, boosting user growth and revenue in Q1 2026

Reddit has seen a 30% year-on-year increase in weekly search users, driven by investments in AI-enhanced search features. CEO Steve Huffman highlighted search as a key factor in user acquisition and retention, with the platform reaching over 493 million weekly active users and 126 million daily active users in Q1 2026. Revenue for the quarter was $663 million, surpassing Wall Street expectations. Reddit also expanded its machine translation feature, supporting over 30 languages, contributing to user growth. The company aims to reach 1 billion daily users globally and 100 million in the U.S.