Reddit's ad revenue jumps 74% as EPS misses forecast in Q1 2026
Reddit posted $663 million in Q1 2026 revenue, up 69% year-over-year, with advertising at $625 million - but diluted EPS of $1.01 missed the $1.11 analyst forecast.
The latest news about social ads. Social ads are paid advertisements that appear on social media platforms, such as Facebook, Instagram, TikTok, Twitter, and LinkedIn. They can be used to promote a variety of products, services, and brands to a targeted audience.
Reddit posted $663 million in Q1 2026 revenue, up 69% year-over-year, with advertising at $625 million - but diluted EPS of $1.01 missed the $1.11 analyst forecast.
The European Commission today found Meta's Instagram and Facebook in breach of the DSA for failing to keep children under 13 off their platforms, risking fines up to 6% of global turnover.
Australia's News Bargaining Incentive sets a 2.25% levy on digital platforms with A$250m+ revenue in Australia that skip commercial deals with news publishers.
Meta rolled out a no-cost, one-click Conversions API setup for web, creating a server-side connection alongside the Meta Pixel with automatic deduplication.
Consumer Federation of America filed a class action against Meta on April 21, 2026, alleging Facebook profits from scam ads while misleading District users.
Australia's Federal Court orders Emma Sleep to pay $15m in penalties for fake countdown timers and false strikethrough prices on 74 products sold 2020-2023.
Reddit's Reminder Ads reached global availability on April 13, 2026, delivering a 21% higher CTR on Traffic objectives and a 3.1x CTR lift in early campaigns.
Google's Ads Decoded podcast, recorded live at YouTube NewFronts 2026, details how brands of all sizes can activate creator content inside Google Ads and DV360.
Innovid's Hypermode is now generally available, slashing social campaign setup time by up to 80% across Meta, Pinterest, Reddit, Snapchat, and TikTok platforms.
IAB and PwC report $294.6B in US digital ad revenue for 2025 - social up 32.6%, programmatic crossing $162B, and creator spend at $37B without any Olympics boost.
Investors sue Pinterest, CEO William Ready and CFO Julia Donnelly alleging concealment of tariff-driven ad revenue declines behind three steep stock drops.
Meta's new measurement report argues last-click attribution misallocates 31% of conversions, pushing advertisers to adopt hybrid incrementality frameworks.