Reddit (RDDT): FY26 Q1 earnings call, Apr 30, 2026
On its Apr 30, 2026 earnings call (FY26 Q1), Reddit said 8 of the 13 words Kalshi listed; Parrot’s count agreed with all 13 settlements. Quotes below are at most 25 words each.
UpdatedMarkets
13 words · 8 settled yes · our count agreed on 13 of 13- Kalshi: company speakers + operator
Kalshi
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Market |
|---|---|---|---|---|---|---|
| Traffic | Yes | 4 | 4 | ✓ | 89%n=2+tx from settlement history blended with transcripts | – |
| Machine Translation | Yes | 4 | 5 | ✓ | 88%n=2+tx from settlement history blended with transcripts | – |
| Reddit Pro | Yes | 2 | 2 | ✓ | 87%n=1+tx from settlement history blended with transcripts | – |
| Shopify | Yes | 2 | 2 | ✓ | 17%transcripts from the transcript model | – |
| Developer | Yes | 1 | 1 | ✓ | 74%n=1+tx from settlement history blended with transcripts | – |
| Algorithm | Yes | 1 | 2 | ✓ | 60%n=2+tx from settlement history blended with transcripts | – |
| Tailwind | Yes | 1 | 1 | ✓ | 48%transcripts from the transcript model | – |
| OpenAI / Open AI | Yes | 1 | 2 | ✓ | 47%n=2+tx from settlement history blended with transcripts | – |
| Smartly | No | 0 | 0 | ✓ | 61%n=2+tx from settlement history blended with transcripts | – |
| Game | No | 0 | 0 | ✓ | 55%n=2+tx from settlement history blended with transcripts | – |
| Headwind | No | 0 | 0 | ✓ | 30%transcripts from the transcript model | – |
| Emplifi | No | 0 | 0 | ✓ | 12%n=1+tx from settlement history blended with transcripts | – |
| TikTok | No | 0 | 0 | ✓ | 11%n=2+tx from settlement history blended with transcripts | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 15:46 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
9 matches for “Reddit Max”; 5 quoted, at least 25 words apart.
…executing this strategy across three areas. Number one, scaling automation through our ads platform in Reddit Max. Number two, delivering advertiser value across all objectives.
…Reddit ads, and increase the productivity and impact of our sales team. Reddit Max launched to beta in early Q1, and we're seeing strong adoption…
Jen, with Reddit Max, you know, in this first quarter, clearly seeing a lot of progress and momentum here. Just talk to us about some…
…maybe one or two features that they auto-adopted when they moved to Reddit Max, and immediately they're seeing the performance benefits of that. This will…
They're actually learning from using Reddit Max, and that's an area that we'll continue to invest in. We really started with converting existing advertisers, but…
Where the listed words were said
…we prioritize both paid and brand strategies to expand awareness and drive traffic. Total marketing costs in Q1 were in the mid-single digits as a…
…core user engagement, performance gains across the stack, and continued success with machine translation. Looking ahead to the remainder of 2026, our priorities include broadening…
…scale spend by 2.5 times year-over-year. We have seen growing adoption of Reddit Pro since expanding access to all publishers, giving them self-serve tools to…
…build an ecosystem of partners around Reddit. At Shoptalk in March, we announced an integration with Shopify that strengthens our retail and e-commerce partnership ecosystem.
We're porting those over to our developer platform, and that will both result in them being labeled on Reddit more transparently and also allow us…
Google algorithm change, these things are, business as usual for us. There are always puts and takes. We see these things. Sometimes they help, sometimes…
…tight management of our equity spend. For Q1, there was a slight tailwind for dilution for share repurchase activity, although share repurchase activity was modest…
…ecosystem we live in. We have important partnerships with both Google and OpenAI. Those are very meaningful to us. I think it's mutual. We continue…
Agents: this page as TSV at /api/v1/appearances/reddit:2026-04-30:earnings_call · words: /api/v1/brief?appearance=reddit:2026-04-30:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP