Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. The company is headquartered in San Francisco, California and currently employs 2,555 full-time employees. The company went IPO on 2024-03-21. Reddit is a community of communities. The company is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. The company has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
2,202
2,202
1,300
804
666
484
Revenue Growth (YoY)
69%
69%
62%
21%
38%
112%
Cost of Revenue
194
194
123
111
104
72
Gross Profit
2,008
2,008
1,176
693
561
412
Selling, General & Admin
777
777
795
389
368
282
Research & Development
772
772
925
430
365
256
Operating Expenses
1,566
1,566
1,737
833
734
539
Other Non Operating Income (Expenses)
86
86
75
53
14
0
Pretax Income
528
528
-485
-87
-157
-127
Income Tax Expense
-1
-1
0
3
0
0
Net Income
529
529
-484
-90
-158
-127
Net Income Growth
-209%
-209%
438%
-43%
24%
114.99%
Shares Outstanding (Diluted)
203.45
202.1
145.47
158.99
158.99
158.99
Shares Change (YoY)
14%
39%
-9%
0%
0%
0%
EPS (Diluted)
2.61
2.62
-3.32
-0.57
-1
-0.8
EPS Growth
-196%
-179%
484%
-43%
25%
115.99%
Free Cash Flow
684
684
215
-84
-100
-132
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
91.18%
91.18%
90.46%
86.19%
84.23%
85.12%
Operating Margin
20.02%
20.02%
-43.07%
-17.41%
-25.82%
-26.23%
Profit Margin
24.02%
24.02%
-37.23%
-11.19%
-23.72%
-26.23%
Free Cash Flow Margin
31.06%
31.06%
16.53%
-10.44%
-15.01%
-27.27%
EBITDA
456
456
-545
-127
-164
-125
EBITDA Margin
20.7%
20.7%
-41.92%
-15.79%
-24.62%
-25.82%
D&A For EBITDA
15
15
15
13
8
2
EBIT
441
441
-560
-140
-172
-127
EBIT Margin
20.02%
20.02%
-43.07%
-17.41%
-25.82%
-26.23%
Effective Tax Rate
-0.18%
-0.18%
0%
-3.44%
0%
0%
Follow-Up Questions
What are Reddit Inc's key financial statements?
According to the latest financial statement (Form-10K), Reddit Inc has a total asset of $3,239, Net profit of $529
What are the key financial ratios for RDDT?
Reddit Inc's Current ratio is 10.44, has a Net margin is 24.02, sales per share of $10.89.
How is Reddit Inc's revenue broken down by segment or geography?
Reddit Inc largest revenue segment is Advertising, at a revenue of 2,062,480,000 in the most earnings release.For geography, United States is the primary market for Reddit Inc, at a revenue of 1,785,554,000.
Is Reddit Inc profitable?
yes, according to the latest financial statements, Reddit Inc has a net profit of $529
Does Reddit Inc have any liabilities?
yes, Reddit Inc has liability of 310
How many outstanding shares for Reddit Inc?
Reddit Inc has a total outstanding shares of 190.89