DISCORD · 2026 (EXPECTED) — reported, not confirmed
AI Stocks AU
PRE-IPO · COMMUNICATION

Discordthe research note

Where a generation actually talks to each other online.

Discord grew out of gaming and spread into study groups, hobby communities, creator fan bases and workplaces. Hundreds of millions of people use it monthly, and Nitro subscriptions plus commerce features have given it a revenue model that does not depend purely on advertising.

REPORTED VALUATION
$15B+
STATUS
PRE-IPO
SHARE PRICE
TBD
REPORTED TIMING
2026 (expected)

Figures above are drawn from press reporting and secondary-market pricing — the same numbers institutional desks are working from right now.

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DISCORD · AT A GLANCE

What we're watching

  • Monthly active users reported above 200 million
  • Nitro subscription revenue growing steadily
  • Strong footholds in gaming, education and creator communities
  • Investors include Sony, Tencent and Index Ventures
RESEARCH BRIEFING

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