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Reddit, Inc. (RDDT) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · DATA UPDATED 2026-07-21

Reddit, Inc. (RDDT) operates in the INTERNET CONTENT & INFORMATION industry and is headquartered in San Francisco, United States with about 2,555 employees. Its market capitalization is roughly $32 billion. In the fiscal year ended 2025-12-31, RDDT reported $2.2B in revenue and $530M in net income.

Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging.

Interactive charts & full statements → Open the RDDT valuation workbench →

RDDT Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Total Revenue$2.5B$2.2B$1.3B$804M$667M$485M$229M
Gross Profit$2.3B$2.0B$1.2B$693M$562M$412M$174M
Gross Margin %91.4%91.2%90.5%86.2%84.3%85.0%76.0%
Operating Income (EBIT)$621M$442M($561M)($140M)($172M)($127M)($63M)
Operating Margin %25.1%20.1%-43.1%-17.4%-25.8%-26.2%-27.3%
Net Income$708M$530M($484M)($91M)($159M)($128M)($59M)
Net Margin %28.6%24.1%-37.2%-11.3%-23.8%-26.4%-25.9%
EBITDA$703M$545M($470M)($73M)($150M)($125M)($57M)
Earnings Per Share (EPS)$3.53$2.62$-2.69$-0.56$-0.97$-0.78$-0.36
Shares Outstanding (M)203M202M180M163M163M163M163M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDDT Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$663M$726M$585M$500M$392M$428M$348M$281M
Gross Profit$607M$667M$532M$454M$355M$396M$314M$252M
Gross Margin %91.5%91.9%91.0%90.8%90.5%92.5%90.1%89.5%
Operating Income (EBIT)$183M$232M$139M$68M$4M$53M$7M($31M)
Operating Margin %27.6%31.9%23.7%13.6%1.0%12.4%2.0%-11.0%
Net Income$204M$252M$163M$89M$26M$71M$30M($10M)
Net Margin %30.8%34.7%27.8%17.9%6.7%16.6%8.6%-3.6%
EBITDA$187M$259M$164M$93M$28M$74M$34M($7M)
Earnings Per Share (EPS)$1.01$1.24$0.80$0.48$0.14$0.39$0.17$-0.06
Shares Outstanding (M)203M203M203M187M184M180M174M166M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDDT Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash from Operations (CFO)$876M$691M$222M($75M)($94M)($130M)($62M)
Capital Expenditures (CapEx)$7M$7M$6M$10M$6M$2M$3M
Free Cash Flow (FCF)$869M$684M$216M($85M)($100M)($132M)($65M)
FCF Margin %35.1%31.1%16.6%-10.5%-15.0%-27.3%-28.3%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDDT Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$312M$267M$185M$111M$128M$90M$72M$28M
Capital Expenditures (CapEx)$1M$3M$2M$1M$1M$1M$1M$1M
Free Cash Flow (FCF)$311M$264M$183M$111M$127M$89M$70M$27M
FCF Margin %46.9%36.3%31.3%22.2%32.3%20.8%20.2%9.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RDDT Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Total Assets$3.5B$3.2B$2.3B$1.6B$1.6B$1.6B$524M
Cash & Cash Equivalents$1.4B$954M$562M$401M$436M$1.3B$112M
Total Liabilities$305M$310M$206M$2.0B$125M$78M$65M
Total Debt (Short + Long-Term)$7M$7M$6M$4M$8M$7M$6M
Total Shareholders' Equity$3.2B$2.9B$2.1B($413M)$1.5B$1.6B$459M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive RDDT viewer.

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