Discord会在 11月中旬把公开服务器的信息开放给搜索引擎,包括服务器的名字,讨论的总结,还有部分的用户讨论内容。Discord.com 拥有95的DR,这意味着将会有大量的新内容喂给谷歌/ChatGPT/Claude,Reddit影响AI的时代已经落幕,Discord将会是新的王者吗?我们拭目以待吧(我已经在疯狂注册Discord Server了)
Reddit 财报出来,股价爆跌了 18%,主要原因是搜索引荐流量明显往下掉,CEO 直接点名谷歌的 AI Overviews 和 AI Mode,还准备让大部分内容登录才能看,
去年满大街的人都在教用 Reddit 做 SEO,现在 Reddit 自己也被 AI Overview 按在地上了。。
$RDDT -18%
Reddit beat Q3 revenue and earnings estimates, but Q4 guidance and user numbers came in below expectations. Daily active users were 130.3M versus 133.4M expected.
Reddit also plans to require users to log in to access most of its platform, beginning with tests in select markets outside the U.S. in Q4.
The change comes as traffic from search continues to weaken. During October, search traffic dropped by more than 1 million referrals per week on average. If that pace continues, management says total daily active users could fall by a low-double-digit percentage in Q4 from the current roughly 130M base.
CEO Steve Huffman believes Google’s expansion of AI Overviews and AI Mode is the main driver, with lower rankings for Reddit’s translated content also contributing internationally.
“People still want Reddit. It's just Google is not sending them to Reddit the way they used to.”
The decline has primarily affected logged-out and web traffic. Logged-in and app daily users still grew sequentially, and those audiences account for more than 80% of Reddit’s monetization.
Advertising revenue grew 54% to $847M, with pricing contributing more to growth than impressions as Reddit improved advertiser performance.
The login requirement is intended to turn more visitors into regular users, improve personalization and ad targeting, and make Reddit’s content harder to scrape. Some limited logged-out access will remain, with the tests determining where to place the login prompts.
Huffman acknowledged the trade-off: “We will likely be trading reach for engagement.”
大罗SEO retweeted
$RDDT -18%
Reddit beat Q3 revenue and earnings estimates, but Q4 guidance and user numbers came in below expectations. Daily active users were 130.3M versus 133.4M expected.
Reddit also plans to require users to log in to access most of its platform, beginning with tests in select markets outside the U.S. in Q4.
The change comes as traffic from search continues to weaken. During October, search traffic dropped by more than 1 million referrals per week on average. If that pace continues, management says total daily active users could fall by a low-double-digit percentage in Q4 from the current roughly 130M base.
CEO Steve Huffman believes Google’s expansion of AI Overviews and AI Mode is the main driver, with lower rankings for Reddit’s translated content also contributing internationally.
“People still want Reddit. It's just Google is not sending them to Reddit the way they used to.”
The decline has primarily affected logged-out and web traffic. Logged-in and app daily users still grew sequentially, and those audiences account for more than 80% of Reddit’s monetization.
Advertising revenue grew 54% to $847M, with pricing contributing more to growth than impressions as Reddit improved advertiser performance.
The login requirement is intended to turn more visitors into regular users, improve personalization and ad targeting, and make Reddit’s content harder to scrape. Some limited logged-out access will remain, with the tests determining where to place the login prompts.
Huffman acknowledged the trade-off: “We will likely be trading reach for engagement.”
REDDIT $RDDT Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $895M (Est. $878.4M) 🟢; +53% YoY
🔹 EPS: $1.40 (Est. $1.35) 🟢; +75% YoY
🔹 Adj. EBITDA: $402M (Est. $399M) 🟢; +70% YoY
Users (Q3):
🔹 DAUq: 130.3M (Est. 133.4M) 🔴; +12% YoY
🔹 WAUq: 515.2M (Est. 531.1M) 🔴; +16% YoY
🔹 ARPU: $6.87 (Est. $6.67) 🟢; +36% YoY
🔹 U.S. DAUq: 50.7M (Est. 53.4M) 🔴; -2% YoY
🔹 Intl DAUq: 79.6M (Est. 80.1M) 🔴; +24% YoY
🔹 U.S. ARPU: $13.82 (Est. $12.92) 🟢; +53% YoY
Q4 Guide:
🔹 Revenue: $1.00B-$1.03B (Est. $1.05B) 🔴
🔹 Adj. EBITDA: $480M-$510M (Est. $512M) 🔴
Other Q3 Metrics:
🔹 Ad Revenue: $847M (Est. $843.6M) 🟢; +54% YoY
🔹 Net Income: $283M (Est. $277M) 🟢; +74% YoY
🔹 Free Cash Flow: $363M (Est. $351M) 🟢; +98% YoY
🔹 Gross Margin: 91.5%; +50 bps YoY
🔹 Other Revenue: $48M (Est. $43M) 🟢; +35% YoY
Revenue by Geography:
🔹 U.S. Revenue: $719M (Est. $702M) 🟢; +50% YoY
🔹 Intl Revenue: $176M (Est. $185M) 🔴; +67% YoY
Capital Return:
🔹 Buybacks: 0.67M shares for $100M
Key Updates:
🔹 Added to the S&P 500 index
Comments:
🔸 “Surpassing $3B of revenue over the last 12 months shows Reddit’s strength as a destination and the differentiated value of our platform.”
Dessa模型越来越接近HER了
block.xyz/dessa










