RDDT
Reddit, Inc.
NYSE · Communication Services · Internet Content & Information · US
$104.10
+8.27%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.1B | 2.2B | 1.3B | 804.0M | 666.7M |
| Cost of Revenue | 261.1M | 194.2M | 123.6M | 111.0M | 104.8M |
| Gross Profit | 2.8B | 2.0B | 1.2B | 693.0M | 561.9M |
| Operating Expenses | |||||
| R&D Expense | 900.9M | 783.1M | 935.2M | 438.3M | 365.2M |
| SG&A Expense | 1.0B | 783.2M | 802.0M | 394.8M | 368.9M |
| General & Admin Expense | 298.2M | 279.3M | 451.4M | 164.7M | 143.8M |
| Selling & Marketing Expense | 720.6M | 503.9M | 350.6M | 230.2M | 225.1M |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 1.9B | 1.6B | 1.7B | 833.2M | 734.1M |
| Cost and Expenses | 2.2B | 1.8B | 1.9B | 944.2M | 838.9M |
| Operating Income (EBIT) | 908.0M | 442.0M | (560.6M) | (140.2M) | (172.2M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | — | — | — | — | — |
| Other Non-Op Income/Expense | 98.4M | 86.7M | 75.4M | 53.1M | 14.2M |
| Non-Operating Income (excl Interest) | (98.4M) | (86.7M) | (75.4M) | (53.1M) | (14.2M) |
| EBT (Pre-Tax Income) | 1.0B | 528.7M | (485.2M) | (87.0M) | (157.9M) |
| Income Tax Expense | 14.7M | (1.0M) | (931.0K) | 3.8M | 622.0K |
| Bottom Line | |||||
| Net Income | 991.7M | 529.7M | (484.3M) | (90.8M) | (158.6M) |
| Earnings from Cont. Ops | 991.7M | 529.7M | (484.3M) | (90.8M) | (158.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 991.7M | 529.7M | (484.3M) | (90.8M) | (158.6M) |
| Per Share | |||||
| Basic EPS | $5.17 | $2.84 | ($2.69) | ($0.56) | ($0.97) |
| Diluted EPS | $4.90 | $2.62 | ($2.69) | ($0.56) | ($0.97) |
| Revenue Per Share | $16.04 | $11.82 | $7.21 | $4.92 | $4.08 |
| Shares | |||||
| Basic Shares Outstanding | 192.6M | 186.4M | 180.3M | 163.3M | 163.3M |
| Diluted Shares Outstanding | 201.9M | 202.1M | 180.3M | 163.3M | 163.3M |
| Profitability Metrics | |||||
| EBITDA | 1.0B | 544.6M | (469.6M) | (73.3M) | (149.9M) |
| D&A | 16.9M | 15.9M | 15.6M | 13.7M | 8.0M |
| EBIT | 1.0B | 528.7M | (485.2M) | (87.0M) | (157.9M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026