RDDT
Reddit, Inc.
NYSE: RDDT · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
$147.75
-0.12% today
Updated 2026-04-29
Market cap
$28.43B
P/E ratio
56.39
P/S ratio
12.91x
EPS (TTM)
$2.62
Dividend yield
—
52W range
$95 – $283
Volume
4.5M
Reddit, Inc. (RDDT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $228.91M | $484.92M | $666.70M | $804.03M | $1.30B | $2.20B |
| Revenue growth (YoY) | — | +111.8% | +37.5% | +20.6% | +61.7% | +69.4% |
| Cost of revenue | $55.03M | $72.56M | $104.80M | $111.01M | $123.59M | $194.22M |
| Gross profit | $173.88M | $412.35M | $561.90M | $693.02M | $1.18B | $2.01B |
| Gross margin | 76.0% | 85.0% | 84.3% | 86.2% | 90.5% | 91.2% |
| R&D | $117.53M | $256.98M | $365.16M | $438.35M | $935.15M | $783.14M |
| SG&A | $43.52M | $144.72M | $143.82M | $164.66M | $451.45M | $279.30M |
| Operating income | $-62.56M | $-127.21M | $-172.16M | $-140.16M | $-560.57M | $441.98M |
| Operating margin | -27.3% | -26.2% | -25.8% | -17.4% | -43.1% | 20.1% |
| EBITDA | $-57.14M | $-124.40M | $-164.16M | $-126.46M | $-544.92M | $457.93M |
| EBITDA margin | -25.0% | -25.7% | -24.6% | -15.7% | -41.9% | 20.8% |
| EBIT | $-59.07M | $-127.21M | $-172.16M | $-140.16M | $-560.57M | $441.98M |
| Interest expense | — | — | — | — | — | — |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-59.17M | $-127.90M | $-158.55M | $-90.82M | $-484.28M | $529.72M |
| Net income growth (YoY) | — | -116.1% | -24.0% | +42.7% | -433.2% | +209.4% |
| Profit margin | -25.9% | -26.4% | -23.8% | -11.3% | -37.2% | 24.1% |