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Reddit (RDDT)

NYSE Communication Services Interactive Media & Services S&P 500
$95.10
+1.29 (+1.38%)
Close of Nov 06, 2026 · end-of-day data
Source: Reddit's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2022FY2023FY2024FY2025
Revenue$666.70M$804.03M$1.30B$2.20B
Cost of revenue$104.80M$111.01M$123.59M$194.22M
Gross profit$561.90M$693.02M$1.18B$2.01B
Research & development$365.16M$438.35M$935.15M$783.14M
Operating income-$172.16M-$140.16M-$560.57M$441.98M
Pre-tax income-$157.93M-$87.02M-$485.21M$528.69M
Income tax$622.00K$3.80M-$931.00K-$1.03M
Net income-$158.55M-$90.82M-$484.28M$529.72M
EBITDA-$164.16M-$126.46M-$544.92M$457.93M
EPS (basic)$-2.77$-1.54$-3.33$2.84
EPS (diluted)$-2.77$-1.54$-3.33$2.62
Diluted shares57.25M59.14M145.47M202.11M
Gross margin84.3%86.2%90.5%91.2%
Operating margin-25.8%-17.4%-43.1%20.1%
Net margin-23.8%-11.3%-37.2%24.1%

Balance sheet

fiscal years · USD
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$435.81M$401.18M$562.09M$953.57M
Short-term investments—$811.95M$1.28B$1.52B
Receivables—$245.28M$349.53M$590.16M
Total current assets—$1.48B$2.22B$3.14B
Goodwill—$26.30M$42.17M$42.17M
Total assets—$1.60B$2.34B$3.24B
Total current liabilities—$133.57M$176.02M$271.28M
Total liabilities—$155.90M$205.85M$310.13M
Shareholders' equity-$379.06M-$412.92M$2.13B$2.93B

Cash flow

fiscal years · USD
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow-$94.02M-$75.11M$222.07M$690.88M
Capital expenditures$6.23M$9.72M$6.25M$6.71M
Free cash flow-$100.25M-$84.84M$215.82M$684.17M
Investing cash flow-$804.18M$41.29M-$440.69M-$218.89M
Financing cash flow-$3.78M-$811.00K$379.54M-$80.56M
Stock-based compensation$55.31M$47.60M$801.65M$343.18M
Depreciation & amortization$8.00M$13.70M$15.64M$15.95M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.