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AI brief of an SEC Form 8-K · Reddit (RDDT)

Reddit Q4 revenue rises 71% to $427.7 million; net income reaches $71.0 million

Positive Impact 3 of 5 earnings Written later

Reddit reported fourth quarter 2024 revenue of $427.7 million, up 71% from a year earlier, and net income of $71.0 million, compared with $18.5 million in the prior-year quarter. For the first quarter of 2025, Reddit estimated revenue of $360 million to $370 million and Adjusted EBITDA of $80 million to $90 million, giving shareholders a range to compare with future results.

Key points

  • Q4 2024 revenue was $427.7 million, up 71% year over year; advertising revenue was $394.5 million.
  • Q4 2024 diluted EPS was $0.36; basic EPS was $0.40. Net income was $71.0 million versus $18.5 million a year earlier.
  • Full-year 2024 revenue was $1.3 billion, up 62%, and the full-year net loss was $484.3 million.
  • Q1 2025 outlook: revenue of $360 million to $370 million and Adjusted EBITDA of $80 million to $90 million.

The filing

CompanyReddit (RDDT)
Form8-K, current report
Filed with the SECFeb 12, 2025, 4:12 PM ET
Accession number0001713445-25-000016

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.