Reddit, Inc. (RDDT) quarterly income statement — complete revenue, gross profit & net income history
Reddit, Inc. (RDDT) annual income statement — 6-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q1'21 |
|---|
| Sales/Revenue | 804.9M | 663.41M | 725.61M | 584.91M | 499.63M | 392.36M | 427.71M | 348.35M | 281.18M | 242.96M | 249.75M | 207.51M | 163.74M | 200.43M | 171.53M | 148.56M | 146.18M | 176.67M | 121.19M | 79M |
| Revenue Growth % | 61.1% | 69.08% | 69.65% | 67.91% | 77.69% | 61.49% | 71.25% | 67.87% | - | 48.38% | 24.61% | 20.97% | 12.01% | 13.45% | 41.55% | - | - | - | - | - |
| Cost of Goods Sold | 70.31M | 56.27M | 58.72M | 52.51M | 45.9M | 37.09M | 31.84M | 34.63M | 29.5M | 27.62M | 28.92M | 26.39M | 26.86M | 28.41M | 28.18M | 25.84M | 22.36M | 22.77M | 20.05M | 13.59M |
| COGS % of Revenue | 8.73% | 8.48% | 8.09% | 8.98% | 9.19% | 9.45% | 7.45% | 9.94% | 10.49% | 11.37% | 11.58% | 12.72% | 16.41% | 14.18% | 16.43% | 17.39% | 15.3% | 12.89% | 16.54% | 17.2% |
| Gross Profit | 734.6M | 607.14M | 666.89M | 532.4M | 453.73M | 355.27M | 395.86M | 313.72M | 251.68M | 215.35M | 220.83M | 181.11M | 136.88M | 172.01M | 143.35M | 122.72M | 123.82M | 153.91M | 101.14M | 65.42M |
| Gross Margin % | 91.27% | 91.52% | 91.91% | 91.02% | 90.81% | 90.55% | 92.55% | 90.06% | 89.51% | 88.63% | 88.42% | 87.28% | 83.59% | 85.82% | 83.57% | 82.61% | 84.7% | 87.11% | 83.46% | 82.8% |
| Gross Profit Growth % | 61.9% | 70.9% | 68.47% | 69.71% | 80.28% | 64.98% | 79.26% | 73.22% | - | 57.33% | 28.38% | 26.34% | 10.55% | 11.76% | 41.74% | - | - | - | - | - |
| Operating Expenses | 502.88M | 424.23M | 435.06M | 393.86M | 386.02M | 351.37M | 342.99M | 306.86M | 282.72M | 804.6M | 217.82M | 200.7M | 207.48M | 201.69M | 194.3M | 179.04M | 159.02M | 146.72M | 108.3M | 122.21M |
| OpEx % of Revenue | 62.48% | 63.95% | 59.96% | 67.34% | 77.26% | 89.55% | 80.19% | 88.09% | 100.55% | 331.16% | 87.21% | 96.72% | 126.71% | 100.63% | 113.27% | 120.52% | 108.78% | 83.05% | 89.37% | 154.69% |
| Selling, General & Admin | 271.61M | 216.99M | 236.18M | 197.48M | 189.41M | 160.1M | 154.35M | 140.16M | 139.94M | 367.57M | 106.25M | 92.41M | 98.71M | 95.47M | 99.17M | 92.42M | 81.85M | 78.25M | 53.59M | 77.61M |
| SG&A % of Revenue | 33.74% | 32.71% | 32.55% | 33.76% | 37.91% | 40.8% | 36.09% | 40.24% | 49.77% | 151.29% | 42.54% | 44.53% | 60.29% | 47.63% | 57.81% | 62.21% | 55.99% | 44.29% | 44.22% | 98.23% |
| Research & Development | 231.28M | 207.25M | 198.88M | 196.38M | 196.61M | 191.27M | 188.64M | 166.7M | 142.78M | 437.03M | 111.57M | 108.28M | 108.77M | 106.22M | 95.13M | 86.63M | 77.18M | 68.47M | 54.72M | 44.6M |
| R&D % of Revenue | 28.73% | 31.24% | 27.41% | 33.57% | 39.35% | 48.75% | 44.11% | 47.85% | 50.78% | 179.88% | 44.67% | 52.18% | 66.43% | 53% | 55.46% | 58.31% | 52.8% | 38.75% | 45.15% | 56.45% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 231.72M | 182.91M | 231.83M | 138.54M | 67.71M | 3.9M | 52.87M | 6.85M | -31.04M | -589.25M | 3.02M | -19.59M | -70.6M | -29.68M | -50.95M | -56.33M | -35.2M | 7.19M | -7.17M | -56.79M |
| Operating Margin % | 28.79% | 27.57% | 31.95% | 23.69% | 13.55% | 0.99% | 12.36% | 1.97% | -11.04% | -242.53% | 1.21% | -9.44% | -43.12% | -14.81% | -29.7% | -37.92% | -24.08% | 4.07% | -5.91% | -71.89% |
| Operating Income Growth % | 242.21% | 4586.45% | 338.47% | 1921.33% | 318.15% | 100.66% | 1653.63% | 135% | - | -734.62% | 110.16% | 61.56% | -100.55% | -512.98% | -611% | - | - | - | - | - |
| EBITDA | 235.97M | 187.12M | 235.98M | 142.44M | 71.64M | 7.87M | 57.03M | 10.82M | -27.27M | -585.51M | 6.77M | -16.3M | -67.26M | -26.31M | -48.18M | -55.33M | -34.34M | 8.03M | -6.47M | -56.16M |
| EBITDA Margin % | 29.32% | 28.21% | 32.52% | 24.35% | 14.34% | 2% | 13.33% | 3.11% | -9.7% | -240.99% | 2.71% | -7.85% | -41.08% | -13.13% | -28.09% | -37.25% | -23.49% | 4.54% | -5.34% | -71.09% |
| EBITDA Growth % | 229.37% | 2278.87% | 313.76% | 1216.1% | 362.73% | 101.34% | 742.44% | 166.41% | - | -770.47% | 125.73% | 66.17% | -95.85% | -427.7% | -644.74% | - | - | - | - | - |
| D&A (Non-Cash Add-back) | 4.26M | 4.21M | 4.15M | 3.9M | 3.93M | 3.96M | 4.16M | 3.97M | 3.77M | 3.74M | 3.75M | 3.29M | 3.34M | 3.37M | 2.77M | 995K | 859K | 841K | 697K | 631K |
| EBIT | 256.83M | 205.73M | 254.82M | 160.58M | 88.86M | 24.44M | 69.99M | 29.82M | -10.31M | -574.7M | 3.02M | -19.59M | -70.6M | -29.68M | -50.95M | -56.33M | -35.2M | 7.19M | -7.17M | -56.79M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 25.12M | 22.82M | 22.99M | 22.04M | 21.15M | 20.53M | 17.11M | 22.97M | 20.72M | 14.55M | 16.46M | 12.65M | 10.72M | 9.08M | 4.04M | 1.03M | 74K | -412K | -153K | 210K |
| Pretax Income | 256.83M | 205.73M | 254.82M | 160.58M | 88.86M | 24.44M | 69.99M | 29.82M | -10.31M | -574.7M | 19.48M | -6.94M | -59.88M | -20.6M | -46.91M | -55.29M | -35.13M | 6.78M | -7.32M | -56.58M |
| Pretax Margin % | 31.91% | 31.01% | 35.12% | 27.45% | 17.78% | 6.23% | 16.36% | 8.56% | -3.67% | -236.54% | 7.8% | -3.34% | -36.57% | -10.28% | -27.35% | -37.22% | -24.03% | 3.83% | -6.04% | -71.62% |
| Income Tax | 3.99M | 1.75M | 3.21M | -2.09M | -439K | -1.72M | -1.05M | -31K | -216K | 365K | 942K | 445K | 988K | 1.63M | -1.6M | 437K | 157K | 130K | 70K | 35K |
| Effective Tax Rate % | 1.55% | 0.85% | 1.26% | -1.3% | -0.49% | -7.04% | -1.5% | -0.1% | 2.09% | -0.06% | 4.84% | -6.41% | -1.65% | -7.91% | 3.42% | -0.79% | -0.45% | 1.92% | -0.96% | -0.06% |
| Net Income | 252.85M | 203.98M | 251.6M | 162.66M | 89.3M | 26.16M | 71.04M | 29.85M | -10.1M | -575.07M | 18.53M | -7.38M | -60.87M | -22.23M | -45.3M | -55.73M | -35.29M | 6.64M | -7.39M | -56.62M |
| Net Margin % | 31.41% | 30.75% | 34.67% | 27.81% | 17.87% | 6.67% | 16.61% | 8.57% | -3.59% | -236.69% | 7.42% | -3.56% | -37.17% | -11.09% | -26.41% | -37.52% | -24.14% | 3.76% | -6.1% | -71.67% |
| Net Income Growth % | 183.15% | 679.8% | 254.19% | 444.88% | 984.22% | 104.55% | 283.27% | 504.35% | - | -844.81% | 183.39% | 83.7% | -72.49% | -434.49% | -513.14% | - | - | - | - | - |
| Net Income (Continuing) | 252.85M | 203.98M | 251.6M | 162.66M | 89.3M | 26.16M | 71.04M | 29.85M | -10.1M | -575.07M | 18.53M | -7.38M | -60.87M | -22.23M | -45.3M | -55.73M | -35.29M | 6.64M | -7.39M | -56.62M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.25 | 1.01 | 1.24 | 0.80 | 0.48 | 0.14 | 0.39 | 0.17 | -0.06 | -3.52 | 0.11 | -0.05 | -0.37 | -0.14 | -0.28 | -0.34 | -0.22 | 0.04 | -0.05 | -0.35 |
| EPS Growth % | 160.42% | 621.43% | 217.95% | 370.59% | 886.89% | 103.98% | 254.55% | 476.11% | - | -844.71% | 180.82% | 83.71% | -72.5% | -434.4% | -513.72% | - | - | - | - | - |
| EPS (Basic) | 1.31 | 1.07 | 1.32 | 0.87 | 0.48 | 0.14 | 0.39 | 0.17 | -0.06 | -3.52 | 0.11 | -0.05 | -0.37 | -0.14 | -0.28 | -0.34 | -0.22 | 0.04 | -0.05 | -0.35 |
| Diluted Shares Outstanding | 202.03M | 202.52M | 202.93M | 202.73M | 187.07M | 184.27M | 180.32M | 174.15M | 165.63M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M |
| Basic Shares Outstanding | 192.35M | 191.52M | 189.97M | 188.04M | 187.07M | 184.27M | 180.32M | 174.15M | 165.63M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M | 163.35M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |