Bloomberg reports Discord is preparing for an IPO

Discord has confidentially filed paperwork for an initial public offering, Bloomberg reports, citing sources familiar with the matter.

According to the sources, discussions are still ongoing, and the company could ultimately decide not to proceed with a listing. Discord declined to comment on a potential IPO, saying only that it remains focused on user experience and building a sustainable business.

Representatives of investment banks Goldman Sachs and JPMorgan also declined to comment. In March, Bloomberg reported that Discord was discussing a potential IPO with Goldman Sachs and JPMorgan. The New York Times and the Financial Times reported on the talks at the same time.

The Financial Times noted that Discord had previously considered going public in 2021 but postponed the plans due to market volatility. By 2026, market conditions may improve amid lower interest rates and a more favorable U.S. policy environment toward the tech sector.

Discord was founded in 2015 as a platform for gamers but has since expanded far beyond gaming. According to the company, its monthly active user base exceeded 200 million in 2025.