Performance since IPO
Confirmed share price history
No published trading history yet
IPO recap
Offering not completed
IPO date, ticker, and IPO offer price are not yet confirmed.
Filed—
Pricing—
First trade—
Lockup ends—
The short version
Discord runs voice, video and text communities with a strong gaming audience. Reuters relayed a January 2026 report of a confidential US IPO filing; an accessible prospectus and confirmed listing date were not identified.
Key takeaway 1
A confidential filing is reported, without public offer terms.
Key takeaway 2
Audience counts are distinct from subscriptions.
Company in detail
Discord is a communication service built around communities and shared activities, especially gaming. Users communicate by voice, video and text. Nitro, Server Boosts and cosmetic purchases are part of the paid product offer, while the basic service is free. Audience metrics therefore describe a broader population than paying customers.
Humam Sakhnini became CEO in April 2025. Co-founder Jason Citron moved to a board and advisory role, while Stanislav Vishnevskiy continued as chief technology officer. That transition matters to a possible IPO because investors would assess management’s ability to develop a sustainable business around an established community.
Reuters relayed Bloomberg’s confidential-filing report on 6 January 2026. This is attributed reporting rather than an accessible SEC registration statement. Subsequent IPO-pipeline coverage still treats Discord as a prospective listing. The exact submission day and final offering conditions are not established here.
Our analysis would focus on converting free usage into paid services, retaining communities and the cost of trust and safety. The February announcement of teen-by-default settings illustrates how protection is part of the product. A prospectus would need to connect engagement with revenue and cash generation; monthly and daily audience figures alone cannot do that.
Operating metrics
Monthly active users
More than 200 millionCompany figure in February release; not paid subscribers.
Feb 9, 2026Daily active users
More than 90 millionNewsroom cites internal Q4 2025 data; 31 December is quarter-end, not a specified measurement day.
Dec 31, 2025Company profile
- Legal name
- Discord Inc.
- Founded
- 2015
- Launched
- 2015
- Headquarters
- San Francisco, United States
- Chief executive
- Humam Sakhnini
- Chief technology officer
- Stanislav Vishnevskiy
- Co-founder
- Jason Citron
- Paid products
- Nitro, Server Boosts and cosmetics
- Communication formats
- Voice, video and text
- Employees
- No published figure
Timeline
- Leadership transition announced
Sakhnini’s appointment effective 28 April 2025.
- Confidential filing reported
Reuters relayed Bloomberg; actual submission day undisclosed.
- Teen settings announced
Company outlined user-protection changes.
Sources
Monthly active users
More than 200 millionCompany figure in February release; not paid subscribers.
Deal size
—Not confirmed
Valuation
—Not confirmed
Employees
—No published figure
Daily active users
More than 90 millionNewsroom cites internal Q4 2025 data; 31 December is quarter-end, not a specified measurement day.
Operating cash flow
—No published figure
Financials
No reported financial periods with figures available
Revenue
No published financial dataReported financial periods will appear here when available.
No reported period with figures
Financial results are not available in the sources listed here.
Valuation & peers
Price-to-sales, revenue growth and gross margin
Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
| Company | P/S | Growth | GM |
|---|---|---|---|
| Discord | — | — | — |
| No published peer comparison | |||
Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.
IpoHub score
How we score—Not rated
Balance sheet—
Growth—
Community—
Profitability—
Valuation—
Individual category scores are not available.
Where the money goes
—
Use of proceeds—
Allocation percentages—
Net proceeds—
Details on the use of IPO proceeds are not available.
Key risks
Editorial analysisMonetization
Our analysis would ask whether paid offerings convert engagement into durable returns.
Safety and moderation
Community protection can require ongoing product, moderation and compliance spending.
Deal terms
- Ticker
- Not confirmed
- Exchange
- Not confirmed
- IPO price
- Not confirmed
- Price range
- Not confirmed
- Pricing date
- Not confirmed
- First trading day
- Not confirmed
- Shares offered
- Not confirmed
- Deal size
- Not confirmed
- Underwriters
- Not confirmed
- Greenshoe shares
- Not confirmed
- Lockup
- Not confirmed
- Quiet period expirations
- Not confirmed
Frequently asked questions
Did Discord confirm an IPO date?
A confidential filing is reported, without a confirmed listing date.
Who leads the company?
Humam Sakhnini is CEO; Stanislav Vishnevskiy is CTO.
Similar IPOs
All IPOs →Not investment advice. Private market prices are dated model estimates. Community votes are not a recommendation.