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Reddit, Inc.(RDDT)Earnings, Financials & Key Ratios
RDDT•NYSE
$171.70
$32.88B mkt cap·65.5× P/E·Price updated May 6, 2026
SectorCommunication ServicesIndustryInternet ServicesSub-IndustrySocial, Video, and Streaming Platforms
AboutReddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.Show more
- Revenue$2.2B+69.4%
- EBITDA$458M+184.0%
- Net Income$530M+209.4%
- EPS (Diluted)2.62+197.4%
- Gross Margin91.18%+0.8%
- EBITDA Margin20.79%+149.6%
- Operating Margin20.07%+146.5%
- Net Margin24.05%+164.6%
- ROE20.94%+137.1%
- ROIC18.45%+117.7%
- Debt/Equity0.01-36.8%
RDDT Key Insights
Reddit, Inc. (RDDT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 31.1% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 57.3%
✗Weaknesses
- ✗Shares diluted 12.1% in last year
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 11.8x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
RDDT Price & Volume
Reddit, Inc. (RDDT) stock price & volume — 10-year historical chart
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RDDT Growth Metrics
Reddit, Inc. (RDDT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years57.27%
3 Years48.93%
TTM70.64%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM505.01%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM452.43%
Return on Capital
10 Years-10%
5 Years-9.37%
3 Years-7.73%
Last Year17.24%
RDDT Recent Earnings
Reddit, Inc. (RDDT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (89%)●Beat Revenue 8/12 qtrs (89%)
Q2 2026Latest
Apr 30, 2026EPS
$1.01
Est $0.62
+62.9%
Revenue
$663M
Est $608M
+9.1%
Q1 2026
Feb 5, 2026EPS
$1.24
Est $0.94
+32.3%
Revenue
$726M
Est $666M
+9.0%
Q4 2025
Oct 30, 2025EPS
$0.80
Est $1.04
-23.1%
Revenue
$585M
Est $547M
+7.0%
Q3 2025
Jul 31, 2025EPS
$0.45
Est $0.19
+136.6%
Revenue
$500M
Est $426M
+17.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $1.01vs $0.62+62.9% | $663Mvs $608M+9.1% |
| Q1 2026 | Feb 5, 2026 | $1.24vs $0.94+32.3% | $726Mvs $666M+9.0% |
| Q4 2025 | Oct 30, 2025 | $0.80vs $1.04-23.1% | $585Mvs $547M+7.0% |
| Q3 2025 | Jul 31, 2025 | $0.45vs $0.19+136.6% | $500Mvs $426M+17.4% |
Based on last 12 quarters of dataView full earnings history →
RDDT Peer Comparison
Reddit, Inc. (RDDT) competitors in Social, Video, and Streaming Platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PINS | 15.03B | 22.28 | 36.52 | 15.79% | 7.64% | 7.76% | 8.33% | 0.06 |
 SNAP | 10.49B | 6.10 | -21.77 | 10.63% | -7.76% | -20.18% | 4.17% | 0.29 |
 BMBL | 472.48M | 4.29 | -0.64 | -9.89% | -72.04% | -77.83% | 50.52% | 0.88 |
 MTCH | 8.76B | 37.65 | 15.82 | 0.22% | 18.83% | 11.69% | ||
 IAC | 3.1B | 41.36 | -31.10 | -37.14% | 1.82% | 0.85% | 1.45% | 0.30 |
 META | 1.53T | 604.96 | 25.75 | 22.17% | 32.84% | 33.22% | 3.01% | 0.39 |
 GOOGL | 4.7T | 388.47 | 35.94 | 15.13% | 37.91% | 38.98% | 1.56% | 0.14 |
 SPOT | 86.35B | 419.53 | 34.01 | 9.65% | 15.45% | 35.34% | 3.9% | 0.28 |
Compare RDDT vs Peers
Reddit, Inc. (RDDT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RDDT Income Statement
Reddit, Inc. (RDDT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 228.91M | 484.92M | 666.7M | 804.03M | 1.3B | 2.2B | 2.47B |
| Revenue Growth % | - | 111.84% | 37.49% | 20.6% | 61.71% | 69.4% | 70.64% |
| Cost of Goods Sold | 55.03M | 72.56M | 104.8M | 111.01M | 123.59M | 194.22M | 213.39M |
| COGS % of Revenue | 24.04% | 14.96% | 15.72% | 13.81% | 9.51% | 8.82% | - |
| Gross Profit | 173.88M▲ 0% | 412.35M▲ 137.1% | 561.9M▲ 36.3% | 693.02M▲ 23.3% | 1.18B▲ 69.8% | 2.01B▲ 70.7% | 2.26B▲ 0% |
| Gross Margin % | 75.96% | 85.04% | 84.28% | 86.19% | 90.49% | 91.18% | 91.37% |
| Gross Profit Growth % | - | 137.14% | 36.27% | 23.33% | 69.78% | 70.68% | - |
| Operating Expenses | 236.44M | 539.56M | 734.06M | 833.18M | 1.74B | 1.57B | 1.64B |
| OpEx % of Revenue | 103.29% | 111.27% | 110.1% | 103.63% | 133.61% | 71.11% | - |
| Selling, General & Admin | 118.91M | 282.59M | 368.9M | 394.83M | 802.03M | 783.16M | 840.05M |
| SG&A % of Revenue | 51.95% | 58.28% | 55.33% | 49.11% | 61.68% | 35.56% | - |
| Research & Development | 117.53M | 256.98M | 365.16M | 438.35M | 935.15M | 783.14M | 799.12M |
| R&D % of Revenue | 51.34% | 52.99% | 54.77% | 54.52% | 71.92% | 35.56% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -62.56M▲ 0% | -127.21M▼ 103.4% | -172.16M▼ 35.3% | -140.16M▲ 18.6% | -560.57M▼ 299.9% | 441.98M▲ 178.8% | 620.99M▲ 0% |
| Operating Margin % | -27.33% | -26.23% | -25.82% | -17.43% | -43.11% | 20.07% | 25.11% |
| Operating Income Growth % | - | -103.36% | -35.33% | 18.59% | -299.95% | 178.85% | - |
| EBITDA | -60.62M | -124.4M | -164.16M | -126.46M | -544.92M | 457.93M | 632.98M |
| EBITDA Margin % | -26.48% | -25.65% | -24.62% | -15.73% | -41.91% | 20.79% | 25.59% |
| EBITDA Growth % | - | -105.2% | -31.96% | 22.97% | -330.91% | 184.04% | 1206.38% |
| D&A (Non-Cash Add-back) | 1.93M | 2.81M | 8M | 13.7M | 15.64M | 15.95M | 11.98M |
| EBIT | -59.07M | -127.21M | -172.16M | -140.16M | -560.57M | 441.98M | 643.03M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 3.49M | -343K | 14.23M | 53.14M | 75.36M | 86.71M | 88.99M |
| Pretax Income | -59.07M▲ 0% | -127.56M▼ 115.9% | -157.93M▼ 23.8% | -87.02M▲ 44.9% | -485.21M▼ 457.6% | 528.69M▲ 209.0% | 709.98M▲ 0% |
| Pretax Margin % | -25.81% | -26.3% | -23.69% | -10.82% | -37.32% | 24% | 28.7% |
| Income Tax | 102K | 340K | 622K | 3.8M | -931K | -1.03M | 2.44M |
| Effective Tax Rate % | -0.17% | -0.27% | -0.39% | -4.37% | 0.19% | -0.2% | 0.34% |
| Net Income | -59.17M▲ 0% | -127.9M▼ 116.1% | -158.55M▼ 24.0% | -90.82M▲ 42.7% | -484.28M▼ 433.2% | 529.72M▲ 209.4% | 707.54M▲ 0% |
| Net Margin % | -25.85% | -26.37% | -23.78% | -11.3% | -37.25% | 24.05% | 28.6% |
| Net Income Growth % | - | -116.14% | -23.97% | 42.72% | -433.2% | 209.38% | 505.01% |
| Net Income (Continuing) | -59.17M | -127.9M | -158.55M | -90.82M | -484.28M | 529.72M | 707.54M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.36▲ 0% | -0.78▼ 116.7% | -0.97▼ 24.4% | -0.56▲ 42.3% | -2.69▼ 380.4% | 2.62▲ 197.4% | 3.49▲ 0% |
| EPS Growth % | - | -116.67% | -24.36% | 42.27% | -380.36% | 197.4% | 452.43% |
| EPS (Basic) | -0.36 | -0.78 | -0.97 | -0.56 | -2.69 | 2.84 | - |
| Diluted Shares Outstanding | 163.35M | 163.35M | 163.35M | 163.35M | 180.32M | 202.11M | 202.52M |
| Basic Shares Outstanding | 163.35M | 163.35M | 163.35M | 163.35M | 180.32M | 186.38M | 191.52M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
RDDT Balance Sheet
Reddit, Inc. (RDDT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 473.7M | 1.6B | 1.48B | 1.48B | 2.22B | 3.14B | 3.39B |
| Cash & Short-Term Investments | 362.64M | 1.41B | 1.27B | 1.21B | 1.84B | 2.48B | 2.77B |
| Cash Only | 111.95M | 1.34B | 435.81M | 401.18M | 562.09M | 953.57M | 1.37B |
| Short-Term Investments | 250.69M | 75.33M | 830.73M | 811.95M | 1.28B | 1.52B | 1.4B |
| Accounts Receivable | 92.44M | 162.45M | 199.08M | 253.04M | 349.53M | 590.16M | 522.9M |
| Days Sales Outstanding | 147.4 | 122.28 | 108.99 | 114.87 | 98.12 | 97.8 | 76.59 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - |
| Other Current Assets | 271K | 635K | 1.25M | 1.59M | 18.48M | 69.01M | 92.4M |
| Total Non-Current Assets | 50.44M | 44.24M | 115.78M | 114.95M | 113.18M | 103.19M | 98.35M |
| Property, Plant & Equipment | 29.37M | 22.83M | 30.54M | 38.95M | 35.9M | 33.5M | 30.87M |
| Fixed Asset Turnover | 7.79x | 21.24x | 21.83x | 20.64x | 36.22x | 65.75x | 74.24x |
| Goodwill | 6.47M | 6.47M | 26.3M | 26.3M | 42.17M | 42.17M | 42.17M |
| Intangible Assets | 760K | 5.66M | 41.24M | 30.32M | 25.41M | 15.52M | 13.04M |
| Long-Term Investments | 4.6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 9.23M | 9.27M | 17.7M | 19.38M | 9.7M | 11.99M | 41.59M |
| Total Assets | 524.14M▲ 0% | 1.65B▲ 213.9% | 1.6B▼ 2.8% | 1.6B▼ 0.2% | 2.34B▲ 46.4% | 3.24B▲ 38.6% | 3.48B▲ 0% |
| Asset Turnover | 0.44x | 0.29x | 0.42x | 0.50x | 0.56x | 0.68x | 0.81x |
| Asset Growth % | - | 213.87% | -2.76% | -0.2% | 46.36% | 38.63% | 140.82% |
| Total Current Liabilities | 49.75M | 70.46M | 106.46M | 133.57M | 176.02M | 271.28M | 265.88M |
| Accounts Payable | 9.35M | 22.89M | 32.94M | 46.51M | 45.42M | 62.93M | 51.74M |
| Days Payables Outstanding | 62.01 | 115.15 | 114.74 | 152.94 | 134.14 | 118.27 | 107.62 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 7.17M |
| Deferred Revenue (Current) | 2.26M | 7.53M | 8.02M | 7.25M | 14.8M | 18.04M | 57.18M |
| Other Current Liabilities | 15.3M | 25.17M | 36.68M | 46.81M | 70.9M | 91.11M | 206.97M |
| Current Ratio | 9.52x | 22.72x | 13.94x | 11.08x | 12.63x | 11.56x | 11.56x |
| Quick Ratio | 9.52x | 22.72x | 13.94x | 11.08x | 12.63x | 11.56x | 11.56x |
| Cash Conversion Cycle | - | - | - | - | - | - | -31.03 |
| Total Non-Current Liabilities | 15.26M | 7.17M | 18.83M | 1.88B | 29.82M | 38.85M | 38.68M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 14.12M |
| Capital Lease Obligations | 13.46M | 6.61M | 11.69M | 22.04M | 20.57M | 16.19M | 52.96M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.8M | 568K | 7.14M | 1.85B | 9.26M | 22.66M | 82.23M |
| Total Liabilities | 65.01M | 77.63M | 125.28M | 2.01B | 205.85M | 310.13M | 304.57M |
| Total Debt | 19.93M | 13.46M | 19.49M | 25.75M | 26.7M | 23.21M | 21.29M |
| Net Debt | -92.02M | -1.32B | -416.32M | -375.43M | -535.39M | -930.36M | -1.35B |
| Debt / Equity | 0.04x | 0.01x | 0.01x | - | 0.01x | 0.01x | 0.01x |
| Debt / EBITDA | - | - | - | - | - | 0.05x | 0.03x |
| Net Debt / EBITDA | - | - | - | - | - | -2.03x | -2.03x |
| Interest Coverage | - | - | - | - | - | - | - |
| Total Equity | 459.13M▲ 0% | 1.57B▲ 241.4% | 1.47B▼ 5.9% | -412.92M▼ 128.0% | 2.13B▲ 616.0% | 2.93B▲ 37.5% | 3.18B▲ 0% |
| Equity Growth % | - | 241.4% | -5.94% | -128.01% | 616.02% | 37.47% | 138.93% |
| Book Value per Share | 2.81 | 9.60 | 9.03 | -2.53 | 11.82 | 14.49 | 15.70 |
| Total Shareholders' Equity | 459.13M | 1.57B | 1.47B | -412.92M | 2.13B | 2.93B | 3.18B |
| Common Stock | 5K | 6K | 6K | 6K | 17K | 19K | 19K |
| Retained Earnings | -247.01M | -467.19M | -625.74M | -716.56M | -1.2B | -671.12M | -467.14M |
| Treasury Stock | -10.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 196K | -238K | -3.79M | 814K | 24K | 4.36M | -979K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
RDDT Cash Flow Statement
Reddit, Inc. (RDDT) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -61.84M | -130.19M | -94.02M | -75.11M | 222.07M | 690.88M | 690.88M |
| Operating CF Margin % | -27.02% | -26.85% | -14.1% | -9.34% | 17.08% | 31.37% | - |
| Operating CF Growth % | - | -110.51% | 27.78% | 20.11% | 395.64% | 211.11% | 791.96% |
| Net Income | -59.17M | -127.9M | -158.55M | -90.82M | -484.28M | 529.72M | 707.54M |
| Depreciation & Amortization | 1.93M | 2.81M | 8M | 13.7M | 15.64M | -12.27M | -741K |
| Stock-Based Compensation | 21.25M | 149.87M | 55.31M | 47.6M | 801.65M | 343.18M | 326.1M |
| Deferred Taxes | 22.04M | -74.87M | -25.08M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -12.33M | -16.36M | 36.38M | -15.6M | -43.48M | 7.04M | 39.05M |
| Working Capital Changes | -35.56M | -63.74M | -10.08M | -29.99M | -67.47M | -176.81M | -196.4M |
| Change in Receivables | -43.28M | -74.99M | -30.23M | -53.32M | -104.28M | -241.36M | -196.76M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 2.69M | 11.73M | 10.9M | 12.47M | -570K | 18.17M | 8.23M |
| Cash from Investing | 81.18M | 170.68M | -804.18M | 41.29M | -440.69M | -218.89M | -66.56M |
| Capital Expenditures | -3.05M | -2.3M | -6.23M | -9.72M | -6.25M | -6.71M | -6.82M |
| CapEx % of Revenue | 1.33% | 0.47% | 0.93% | 1.21% | 0.48% | 0.3% | - |
| Acquisitions | -84.23M | -177.98M | -42.2M | 0 | -17.14M | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 84.23M | 172.98M | -64K | 172K | 5.82M | 3.01M | 504K |
| Cash from Financing | 8.33M | 1.18B | -3.78M | -811K | 379.54M | -80.56M | -70.36M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 8.33M | 1.15B | -2.76M | 6.99M | 680.22M | 25.07M | 14.89M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -95.19M | 0 | 0 | 0 | 0 | -5M |
| Other Financing | 0 | 34.63M | -1.02M | -7.8M | -300.68M | -105.63M | -85.25M |
| Net Change in Cash | 27.67M▲ 0% | 1.22B▲ 4318.7% | -901.99M▼ 173.8% | -34.63M▲ 96.2% | 160.92M▲ 564.6% | 391.43M▲ 143.2% | 738.62M▲ 0% |
| Free Cash Flow | -64.89M▲ 0% | -132.49M▼ 104.2% | -100.25M▲ 24.3% | -84.84M▲ 15.4% | 215.82M▲ 354.4% | 684.17M▲ 217.0% | 868.73M▲ 0% |
| FCF Margin % | -28.35% | -27.32% | -15.04% | -10.55% | 16.6% | 31.06% | 35.12% |
| FCF Growth % | - | -104.16% | 24.33% | 15.38% | 354.39% | 217.01% | 177.37% |
| FCF per Share | -0.40 | -0.81 | -0.61 | -0.52 | 1.20 | 3.39 | 3.39 |
| FCF Conversion (FCF/Net Income) | 1.05x | 1.02x | 0.59x | 0.83x | -0.46x | 1.30x | 1.23x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 5K | 164K | 745K | 0 | 0 | 0 | 0 |
RDDT Key Ratios
Reddit, Inc. (RDDT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -12.62% | -10.42% | -17.11% | -56.38% | 20.94% | 25.48% |
| Return on Invested Capital (ROIC) | -31.27% | -19.85% | -77.94% | -104.19% | 18.45% | 18.45% |
| Gross Margin | 85.04% | 84.28% | 86.19% | 90.49% | 91.18% | 91.37% |
| Net Margin | -26.37% | -23.78% | -11.3% | -37.25% | 24.05% | 28.6% |
| Debt / Equity | 0.01x | 0.01x | - | 0.01x | 0.01x | 0.01x |
| FCF Conversion | 1.02x | 0.59x | 0.83x | -0.46x | 1.30x | 1.23x |
| Revenue Growth | 111.84% | 37.49% | 20.6% | 61.71% | 69.4% | 70.64% |
RDDT SEC Filings & Documents
Reddit, Inc. (RDDT) SEC filings — annual & quarterly reports (10-K, 10-Q)
RDDT Frequently Asked Questions
Reddit, Inc. (RDDT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Reddit, Inc. (RDDT) reported $2.47B in revenue for fiscal year 2025. This represents a 981% increase from $228.9M in 2020.
Reddit, Inc. (RDDT) grew revenue by 69.4% over the past year. This is strong growth.
Yes, Reddit, Inc. (RDDT) is profitable, generating $707.5M in net income for fiscal year 2025 (24.1% net margin).
Dividend & Returns
Reddit, Inc. (RDDT) has a return on equity (ROE) of 20.9%. This is excellent, indicating efficient use of shareholder capital.
Reddit, Inc. (RDDT) generated $868.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More RDDT
Reddit, Inc. (RDDT) financial analysis — history, returns, DCA and operating performance tools
Full RDDT Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates