Part two · The platforms · 07 of 08
Reddit and communities: audited numbers, contested everything else
A public company that files its numbers, so the audience is knowable. Everything after that is contested. The most quoted statistic in the category is a misreading of its own source, and Reddit's own Google traffic is described by Reddit as volatile.
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514.6m
Weekly Active Uniques, Q2 2026, up 24 percent year on year
Reddit, 30 July 2026 1
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59.6%
Of daily uniques are logged out. Reddit stops publishing this split after Q3 2026
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40.8%
Of daily uniques are in the US. Most of Reddit is not American
Reddit, 30 July 2026 1
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5.3%
Of revenue is the line containing AI data licensing. Advertising is 94.7 percent
Reddit, 30 July 2026 1
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2.2%
Reddit's share of all Google AI Overviews citations in the study usually quoted as 21 percent
Profound, June 2025 3
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The 21 percent figure is a top ten share
Same study, same page: 2.2 percent of all AI Overviews citations, 21.0 percent of the top ten sources only. 3
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Reddit says its search traffic is choppy
Its own shareholder letter: "Search referrals were choppy in the quarter, and traffic was more volatile later in the quarter." 2
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The 9 to 1 rule is not Reddit policy
Reddit's spam page, updated 19 May 2026, contains no ratio of any kind. The rule is behavioural. 4
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Reddit is an advertising company
Ads grew 64 percent year on year. The data licensing line grew 24 percent and is one twentieth of revenue. 1
- Reddit, Inc., Reddit Reports Second Quarter 2026 Results , 30 July 2026. 1st
- Reddit, Inc., Q2 2026 Letter to Shareholders , 30 July 2026. Discontinuation of the logged-in split stated by the CFO on the same day's call, read via transcript. 1st/2nd
- Profound, AI Platform Citation Patterns , 5 June 2025. Vendor study. 2nd
- Reddit Help Centre, Spam , page updated 19 May 2026. 1st
The audience, filed with a regulator.
Reddit is listed on the New York Stock Exchange as RDDT, so these are audited quarterly figures rather than marketing numbers. Reddit's own metric names are Daily Active Uniques (DAUq) and Weekly Active Uniques (WAUq).
| Reddit, quarter ended 30 June 2026 | Figure | YoY |
|---|---|---|
| Daily Active Uniques, global | 130.3m | +18% |
| Weekly Active Uniques, global | 514.6m | +24% |
| Daily uniques, logged in | 52.6m | +7% |
| Daily uniques, logged out | 77.7m | +27% |
| Daily uniques, US | 53.2m | +6% |
| Daily uniques, international | 77.1m | +28% |
| Revenue, total | $805m | +61% |
| Revenue, advertising | $762m | +64% |
| Revenue, other (contains data licensing) | $43m | +24% |
Weekly uniques are roughly 3.9 times daily uniques. For anyone deciding whether a subreddit is worth the effort, weekly is the number that describes reach. 5
Three things the table says out loud
Most of Reddit is not signed in. 77.7 million of 130.3 million daily uniques, 59.6 percent, are logged out. Logged-out users are overwhelmingly people who arrived from a search engine or a link. That is the mechanism by which a business gets found on Reddit without anyone following anything. 5
Most of Reddit is not American. The US is 40.8 percent of daily uniques and grew 6 percent. International is 59.2 percent and grew 28 percent. Reddit does not break out the United Kingdom in any filing. Any UK Reddit user number in circulation did not come from Reddit. 5
Reddit is not an AI data company. The line containing data licensing is $43 million of $805 million, and it is growing at a third of the rate of advertising. The narrative that Reddit's value is its AI licensing deals is not what the accounts show. 5
- Reddit, Inc., Reddit Reports Second Quarter 2026 Results and Q2 2026 Letter to Shareholders , both 30 July 2026. 1st
- Andrew Vollero, CFO, Reddit Q2 2026 earnings call, 30 July 2026, via The Motley Fool transcript published 3 August 2026. Reddit's own transcript PDF returned HTTP 404 when checked on 8 August 2026. 2nd
"Reddit dominates AI citations." Six studies, six denominators.
Every one of these is real and every one measures something different. They are set out here side by side, with the denominator stated, and they are not reconciled because they cannot be.
| Study | Date | Figure for Reddit | Sample | What the percentage is a share OF |
|---|---|---|---|---|
| Profound 2nd | 5 Jun 2025 |
1.8% ChatGPT
2.2% AI Overviews 6.6% Perplexity |
Aug 2024 to Jun 2025. Profound's page says 680m citations. Search Engine Roundtable reporting the same study says 30m. Country not published | All citations in the dataset. The same study also gives 11.3, 21.0 and 46.7 percent, which are shares of the top ten sources only |
| Ahrefs 2nd | 11 Jun 2025 | 7.4% AI Overviews, rank 3. Absent from the top ten for ChatGPT and Perplexity | ~76.7m AI Overviews, 957k ChatGPT prompts, 953.5k Perplexity prompts | Mention share within the tracked citation set |
| Ahrefs 2nd | Jul 2026 | 18.5% AI Overviews, rank 2 | Over 3 million US queries, all topics | The summed citations of the top 50 sources only. Not of all AI Overview citations |
| Ahrefs 2nd | Jul 2026 | 19.9% AI Mode, rank 1 | "A broad sample" of US queries. Sample size not published | Share of the summed citations of the listed top sources |
| Semrush 2nd | 10 Nov 2025 | Roughly 60% falling to roughly 10% on ChatGPT in six weeks | 230,000 prompts, weekly snapshots 14 Jul to 12 Oct 2025, over 100m citations, top 25 domains each week | Denominator not published. Country not published |
| Similarweb , via a PR firm 2nd | 11 May 2026 | 11.97% of ChatGPT citations, US | ~600,000 US citation events, Jan to Feb 2026 | Of US ChatGPT citation events in that panel. Could not be confirmed on Similarweb's own site, which carries no Reddit data |
- Profound, AI Platform Citation Patterns , 5 June 2025. Conflicting sample size noted against Search Engine Roundtable, 11 June 2025. 2nd
- Ahrefs, Top 10 Most Cited Domains in AI Assistants , 11 June 2025; The 50 Most-Cited Websites in Google AI Overviews and in Google AI Mode , both updated 21 July 2026. 2nd
- Semrush, The Most-Cited Domains in AI , 10 November 2025. 2nd
- 5W Public Relations press release, 11 May 2026, citing Similarweb. 2nd
The most repeated number in AI search is the wrong half of its own study.
"Reddit is 21 percent of Google AI Overviews" is everywhere. It comes from one study, and that study prints the answer next to it.
What Profound published, both figures
| Platform | Of all citations | Of the top ten sources |
|---|---|---|
| ChatGPT | 1.8% | 11.3% |
| Google AI Overviews | 2.2% | 21.0% |
| Perplexity | 6.6% | 46.7% |
A "top ten only" denominator throws away the long tail, which on these platforms is most of the citations. It inflates every entry in the list. The number that describes how often Reddit appears when an AI answers a question is the left column. 11
And it does not hold still
Semrush tracked 230,000 prompts in weekly snapshots for thirteen weeks. Reddit's citation share on ChatGPT moved from roughly 60 percent in early August 2025 to roughly 10 percent by mid September 2025. That is a six-fold swing inside six weeks, from the same measurement method, on the same platform. 12
- Profound, AI Platform Citation Patterns , published 5 June 2025, updated August 2025. Both denominators appear in the same study. 2nd
- Semrush, The Most-Cited Domains in AI: A 3-Month Study , 10 November 2025. Denominator for the Reddit series not published. 2nd
- Reddit, Inc., Q1 2026 Earnings Call Transcript , call 30 April 2026. 1st
Reddit's own Google traffic, in Reddit's own words, three months apart.
Reddit is the largest single beneficiary of Google surfacing forum content. Here is what it told its own shareholders about that traffic in two consecutive quarters.
"Google algorithm change, these things are business as usual for us. There are always puts and takes. They almost never stand out on our traffic long term."
"Search referrals were choppy in the quarter, and traffic was more volatile later in the quarter."
Both statements are Reddit's. They are ninety-one days apart. We are leaving them next to each other rather than deciding which one is the real position.
On AI Overviews specifically
On the same July 2026 call Huffman said of AI Overviews that "AI overviews has yet to make a similar level of positive impact," and that "visibility into referral traffic remains low" and "we expect it to probably continue to be volatile." The company being cited by the AI is saying the citation does not replace the click. 16
The Google money
The content licensing deal signed in February 2024 is reported everywhere at roughly $60 million a year. That figure has never appeared in a Reddit filing. It traces to a single Reuters exclusive citing unnamed sources, thirty months ago, and every repetition since leans on that one report. 17
In July 2026 the deal was reported to be in renewal talks, expiring in the first half of 2027, with Reddit seeking usage-based pricing instead of a flat fee. Asked directly, Huffman would not confirm renewal: "There is a world in which we do licensing, there are many ways the value can return to Reddit." 18
- Reddit, Inc., Q1 2026 Earnings Call Transcript , 30 April 2026. 1st
- Reddit, Inc., Q2 2026 Letter to Shareholders , 30 July 2026. 1st
- Reddit Q2 2026 earnings call, 30 July 2026, via published transcript. Reddit's own transcript PDF returned 404 on 8 August 2026. 2nd
- Reuters, February 2024, as reported by Search Engine Land. Never corroborated in a filing. 2nd
- Reported 30 July 2026. The originating CNBC article of 22 July 2026 returned HTTP 403 and was not read. 2nd
The 9 to 1 rule.
Post nine useful things for every one thing about yourself. It is quoted in almost every guide to Reddit marketing written this year. Here is what Reddit actually publishes.
The only self-promotion sentence Reddit currently publishes
"If your contributions to Reddit consist primarily of links to a business that you run, own, or otherwise benefit from, please be thoughtful about the frequency of posting, or consider advertising opportunities using our self-serve platform."
There is no ratio on that page. No nine to one, no one in ten, no threshold of any kind. The operative words are "primarily" and "frequency," and both are judgements, not arithmetic.
What we could check, and what we could not
Established. The ratio does not appear anywhere in Reddit's current, dated, maintained help centre guidance on spam, which was updated on 19 May 2026 and checked on 8 August 2026. 19
Not established.
Whether the old community wiki page at
reddit.com/wiki/selfpromotion
still exists and still carries the ratio. Every request to
reddit.com
and
redditinc.com
from our research machine was refused at the network
gateway with an HTTP 403 on 8 August 2026. We did not use a cache, an archive or a mirror to get round it,
so we are telling you what we do not know rather than filling the gap.
Consequence. Reddit's site-wide Content Policy is not quoted anywhere in this chapter, because we could not read it at source. Everything quoted here is from the help centre, which is Reddit restating its own policy.
- Reddit Help Centre, Spam , page last updated 19 May 2026, read 8 August 2026. 1st
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Attempted retrieval of
reddit.com/wiki/selfpromotion,reddit.com/robots.txtand the site-wide Content Policy onredditinc.com, all refused with HTTP 403 at the gateway, 8 August 2026. No archive or mirror substituted. n/a
What Reddit actually polices, and who does the policing.
The site-wide rule is one thing. The subreddit you post in is another, and it is the one that will remove you.
Site-wide: the spam rule, verbatim list
The core rule is "Do not use Reddit for repeated or unsolicited mass engagement." Named violations include: 21
- "Mass-posting repetitive content for the purpose of exposure or financial gain"
- "Mass-tagging other redditors or sending large amounts of unsolicited chat or private messages"
- "Repeatedly posting or sharing old content for the purpose of rapidly gaining karma"
- "Using tools (e.g., bots, generative AI tools) that may break Reddit or facilitate the proliferation of spam"
- "Leveraging multiple accounts to artificially inflate the subscriber count"
Note what is on that list and what is not. Repetition, volume, unsolicited contact and fake accounts are named. A link to your own business is not.
Subreddit level: no site-wide numbers exist
Moderators get post requirements, Crowd Control, Post Guidance and Automoderator. Crowd Control "collapses/filters comments and filters posts from redditors who aren't trusted members within your community yet." Reddit publishes no karma threshold and no account age minimum anywhere, because those are set per community at moderator discretion. There is no such thing as "the Reddit karma requirement." 22
The only rigorous number anyone has published
A peer-reviewed Cornell Tech study crawled 307,543 English-language subreddits with published rules. In November 2024, 1.2 percent of them had any rule about AI-generated content, rising to 17 percent among the largest one percent of subreddits, having more than doubled since July 2023. That data is 21 months old and the trend it found was doubling, so the 2026 figure is certainly higher and is unknown. We found no published dataset at all on how many subreddits restrict links, which is the question people actually ask. 23
- Reddit Help Centre, Spam , page last updated 19 May 2026. 1st
- Reddit Help Centre, How do I keep spam out of my community? , page last updated 28 March 2026. 1st
- Lloyd, Gosciak, Nguyen and Naaman, Cornell Tech, AI Rules? Characterizing Reddit Community Policies Towards AI-Generated Content , ACM CHI 2025. Data collected November 2024. 2nd, peer reviewed
Enforcement is moving from keywords to intent.
For a decade, getting past a subreddit's filters was a matter of avoiding the words it was watching for. That is changing, and it changes what "promotional" means in practice.
What Rules Hub does
Reddit is rolling out Rules Hub to moderators. It lets them "choose which rules should be automatically enforced" and "decide what happens when a rule is triggered (send to queue, filter, or remove)." Unlike Automoderator, which matches keywords, it uses large language models to judge "whether content matches a rule's intent," handling "nuance, natural language, and edge cases while preserving moderator control." 24
Moderators in the beta are not sold. One of them, quoted on 6 August 2026: "I'm in the Rules Hub beta, it doesn't even come close to doing what automod can." 24
If you run a giveaway or a competition
Reddit publishes rules for this, last updated 5 August 2026. You must make the official rules available to entrants. You must carry a liability release stating the promotion is "not sponsored by, endorsed by, or associated with Reddit." You may not use Reddit's name, logo or brand elements without authorisation. You may not target minors or support-related communities. 25
On lotteries the wording is flat: "Lotteries require a purchase (or similar consideration) for entry and involve a random draw of winners. Unless you have our explicit permission to do so, you may not conduct lotteries on or using Reddit." And if it goes wrong, "Reddit generally does not assist with promotions run by its users (including mods, business users, and customers)." 25
Reddit Pro, free, and unadvertised
Reddit's own business tooling is "a free suite of organic business tools to help business users discover, join, and contribute to Reddit's communities and conversations." Eligibility is a Reddit account, a safe-for-work setting, a verified email and self-identifying as a business. No karma minimum, no account age minimum and no geographic restriction is published. 26
- Forbes, Reddit Mods Up In Arms Over Platform's New Moderation Tools , 6 August 2026. 2nd
- Reddit Help Centre, Running promotions on Reddit , page last updated 5 August 2026. 1st
- Reddit Help Centre, What is Reddit Pro , updated 30 March 2026, and Eligibility requirements , updated 7 January 2025. 1st
Reddit is closing free machine access to its content, steadily, since 2023.
Every individual change gets reported as a story. The pattern is the fact.
| Date | What changed |
|---|---|
| Feb 2024 | Content licensing deal with Google, reported at roughly $60 million a year, never confirmed in a filing 27 |
| 16 May 2024 | OpenAI partnership announced. No dollar value disclosed by either company 28 |
| 25 Jun 2024 | robots.txt updated to restrict crawlers 29 |
| 11 Aug 2025 | Wayback Machine blocked from archiving post pages, comments and profiles. The homepage stays archivable 30 |
| 22 Oct 2025 | Reddit sues Perplexity and associated scraping firms in the Southern District of New York, under the DMCA anti-circumvention provisions. An earlier suit against Anthropic was filed in June 2025 31 |
| Aug 2026 | The legacy Old Reddit desktop interface restricted to logged-in users, described as anti-scraping 32 |
Meanwhile Reddit built its own answer engine
Reddit's AI search, previously called Reddit Answers, "leverages generative AI to help find, synthesize, and deliver easy to understand answers from real posts and comments from redditors." It is "available worldwide in English, Spanish, Brazilian Portuguese, Italian, French and German, and across all platforms." The help page dropped the beta label on 30 July 2026 while keeping the beta wording in its own address. 33
Usage: Reddit Answers went from 1 million to 6 million weekly users in a single quarter to July 2025, against 70 million weekly on-site searchers. Reddit has published no updated Answers figure since. In Q1 2026 it said search weekly uniques were "up 30% year-over-year" without giving the base. 34
- Reuters via Search Engine Land, February 2024. 2nd
- OpenAI, OpenAI and Reddit Partnership , 16 May 2024. 1st
- TechCrunch, 25 June 2024. Headline and date confirmed, body not retrieved. 2nd
- Gizmodo, 11 August 2025, quoting a Reddit spokesperson. 2nd
- National Law Review, Anti-Circumvention: Reddit's Case Against Perplexity . The CNBC report of the same suit returned 403. 2nd
- IBTimes UK, 5 August 2026. 2nd
- Reddit Help Centre, Reddit's AI search , page updated 30 July 2026. 1st
- Reddit Q2 2025 call, 31 July 2025, and Q1 2026 call, 30 April 2026. 1st
The other places people call communities.
Four surfaces where a business could plausibly show up, with the published numbers and their dates. Where a number is missing or stale, that is stated rather than filled in.
| Surface | Published reach | Date of the figure | What it means for a business, and the caveat |
|---|---|---|---|
| Facebook Groups | "Almost 1.8 billion people" monthly. 25 million monthly active public groups |
4 Oct 2024
22 months old |
Meta first published "more than 1.8 billion" in October 2020 and has since softened it to "almost." Six years, no change. Treat it as a legacy talking point, not a measurement. What is current: Meta launched AI Mode in Facebook search on 15 June 2026, with answers "grounded in what people are saying publicly across our apps like in Groups and Reels." What gets said in a public group is now feedstock for Meta's answer engine 35 |
| Discord | "90M+ Daily Active Users" | Q4 2025 | Discord's own survey says over 90 percent of users play video games. Server Discovery requires 1,000 members and eight weeks of age. Discord's documentation does not say whether server content is indexed by external search engines, and we found no first-party statement either way. The widely repeated "200 million monthly" figure does not appear anywhere on Discord's own site 36 |
| Nextdoor | 22.9 million Weekly Active Users. "Over 110 million verified neighbors" | 4 Aug 2026 | Weekly actives are roughly 4.5 percent of Reddit's, and only about 21 percent of verified neighbours are weekly active. The relevant feature is Ask, an AI recommendation surface for local services, launched 15 July 2025 and live in the US, UK and Canada. Business pages are free to claim 37 |
| WhatsApp Updates | 1.5 billion daily visitors to the Updates tab, which holds Status and Channels |
16 Jun 2025
14 months old |
Announced alongside advertising in the Updates tab, Promoted Channels, and paid Channel subscriptions. Caveat: we could not retrieve the Meta or WhatsApp first-party announcement. The WhatsApp blog returned only page navigation and the Meta newsroom URL returned a 404. This number rests on a second-hand report 38 |
| Skool, Circle, Geneva, Substack Chat | No published numbers found | Every result was affiliate comparison content or statistics-aggregator pages. There is no first-party membership or reach disclosure from any of them that we could locate, so there is nothing here to report 39 | |
- Meta Newsroom, 4 October 2024 and 1 October 2020; New AI Tools to Help You Make Things Happen on Facebook , 15 June 2026. 1st
- Discord company page, figure stated as of Q4 2025, read 8 August 2026; Discord Support, Enabling Server Discovery , updated 10 December 2024. 1st
- Nextdoor Holdings, Q2 2026 results, 4 August 2026; Nextdoor, Meet the new Nextdoor , 15 July 2025. 1st
- Braze, 20 June 2025, reporting Meta. 2nd
- Searched 8 August 2026. n/a
Seven claims checked against the source.
Reddit files its numbers with a regulator, which makes the audience claims checkable. The claims about what Reddit does for a business mostly are not.
| The claim | Verdict | What the source actually says |
|---|---|---|
| Reddit is 21 percent of Google AI Overviews | Misquoted | The study says 2.2 percent of all AI Overviews citations. The 21.0 percent is Reddit's share of the top ten sources only, and both numbers are printed in the same study. 40 |
| Reddit is the most cited source in AI answers | Reddit says so, with no method | Reddit's CEO stated it on an earnings call with no study, no platform list and no measurement window. Ahrefs put Reddit at rank two in AI Overviews in July 2026, and outside the top ten for ChatGPT and Perplexity in June 2025. 41 |
| You must post nine useful things for every promotional one | Not Reddit policy | Reddit's spam guidance, updated 19 May 2026, contains no ratio of any kind. It asks you to "be thoughtful about the frequency of posting" if your contributions are "primarily" links to your own business. 42 |
| People add "reddit" to their Google searches | Only Reddit says so | The only sourcing is Reddit's CEO asserting it about his own company: "the word Reddit is one of the most searched for terms on Google," and later "it's been in the top 10, I think for a couple of years now." No rank, no volume, no source, and a verbal hedge. 43 |
| Most subreddits ban links | No source exists | We found no published dataset on link restrictions across subreddits. Rules are set per community at moderator discretion and Reddit publishes no site-wide karma or account age threshold at all. 44 |
| Reddit's value is its AI data licensing | Not in the accounts | The revenue line containing data licensing was $43 million of $805 million in Q2 2026, growing 24 percent while advertising grew 64 percent. Reddit is an advertising company by a factor of roughly twenty. 45 |
| Reddit traffic from Google is a reliable channel | Reddit says otherwise | "Search referrals were choppy in the quarter, and traffic was more volatile later in the quarter," and "visibility into referral traffic remains low." That is Reddit describing its own Google traffic in July 2026. 46 |
- Profound, 5 June 2025. 2nd
- Reddit Q1 2026 call, 30 April 2026; Ahrefs, June 2025 and July 2026. 1st/2nd
- Reddit Help Centre, Spam , 19 May 2026. The old wiki page could not be reached to confirm the origin. 1st
- Reddit Q2 2025 call, 31 July 2025, and Q1 2026 call, 30 April 2026. 1st
- Searched 8 August 2026; Reddit Help Centre, 28 March 2026. 1st
- Reddit Q2 2026 results, 30 July 2026. 1st
- Reddit Q2 2026 shareholder letter and earnings call, 30 July 2026. 1st/2nd