Reddit, Inc. (BIT:1RDDT)
200.00
+9.00 (4.71%)
At close: Dec 5, 2025
Reddit Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 1,905 | 1,300 | 804.03 | 666.7 | 484.92 | 228.91 |
| Revenue Growth (YoY) | 69.71% | 61.71% | 20.60% | 37.49% | 111.84% | - |
| Cost of Revenue | 167.34 | 123.6 | 111.01 | 104.8 | 72.57 | 55.03 |
| Gross Profit | 1,737 | 1,177 | 693.02 | 561.9 | 412.35 | 173.88 |
| Selling, General & Admin | 683.27 | 783.97 | 393.85 | 368.72 | 282.59 | 118.91 |
| Research & Development | 749.68 | 911.92 | 437.84 | 364.89 | 256.98 | 117.53 |
| Other Operating Expenses | 41.29 | 41.29 | 1.49 | 0.46 | - | - |
| Operating Expenses | 1,474 | 1,737 | 833.18 | 734.06 | 539.56 | 236.44 |
| Operating Income | 263.03 | -560.57 | -140.16 | -172.16 | -127.21 | -62.56 |
| Interest & Investment Income | 84.35 | 78.12 | 53.28 | 15.68 | - | - |
| Other Non Operating Income (Expenses) | -3.52 | -2.76 | -0.14 | -1.45 | -0.34 | 3.49 |
| Pretax Income | 343.86 | -485.21 | -87.02 | -157.93 | -127.56 | -59.07 |
| Income Tax Expense | -5.3 | -0.93 | 3.8 | 0.62 | 0.34 | 0.1 |
| Net Income | 349.15 | -484.28 | -90.82 | -158.55 | -127.9 | -59.17 |
| Net Income to Common | 349.15 | -484.28 | -90.82 | -158.55 | -127.9 | -59.17 |
| Shares Outstanding (Basic) | 183 | 145 | 59 | 57 | 52 | 48 |
| Shares Outstanding (Diluted) | 196 | 145 | 59 | 57 | 52 | 48 |
| Shares Change (YoY) | 68.24% | 145.99% | 3.30% | 10.75% | 7.12% | - |
| EPS (Basic) | 1.90 | -3.33 | -1.54 | -2.77 | -2.47 | -1.23 |
| EPS (Diluted) | 1.78 | -3.33 | -1.54 | -2.77 | -2.47 | -1.23 |
| Free Cash Flow | 509.68 | 215.82 | -84.84 | -100.25 | -132.49 | -64.89 |
| Free Cash Flow Per Share | 2.60 | 1.48 | -1.44 | -1.75 | -2.56 | -1.34 |
| Gross Margin | 91.21% | 90.49% | 86.19% | 84.28% | 85.04% | 75.96% |
| Operating Margin | 13.81% | -43.11% | -17.43% | -25.82% | -26.23% | -27.33% |
| Profit Margin | 18.33% | -37.25% | -11.30% | -23.78% | -26.38% | -25.85% |
| Free Cash Flow Margin | 26.76% | 16.60% | -10.55% | -15.04% | -27.32% | -28.35% |
| EBITDA | 278.99 | -544.93 | -126.46 | -164.16 | -124.4 | -60.62 |
| EBITDA Margin | 14.65% | -41.91% | -15.73% | -24.62% | -25.65% | -26.48% |
| D&A For EBITDA | 15.96 | 15.64 | 13.7 | 8 | 2.81 | 1.93 |
| EBIT | 263.03 | -560.57 | -140.16 | -172.16 | -127.21 | -62.56 |
| EBIT Margin | 13.81% | -43.11% | -17.43% | -25.82% | -26.23% | -27.33% |
| Advertising Expenses | - | 9.2 | 8.2 | 34.4 | - | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.