Reddit, Inc. (RDDT) — Financial statements
Income statement, balance sheet, and cash flow for Reddit, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,203↑69.4% | 1,300↑61.7% | 804↑20.6% | 667↑37.5% | 485 | |
| Cost of Revenue | 194↑57.1% | 124↑11.3% | 111↑5.9% | 105↑44.4% | 73 | |
| Gross Profit | 2,008↑70.7% | 1,177↑69.8% | 693↑23.3% | 562↑36.3% | 412 | |
| Operating Expenses | ||||||
| R&D Expenses | 783↓16.3% | 935↑113.3% | 438↑20.0% | 365↑42.1% | 257 | |
| General & Administrative Expenses | 279↓38.1% | 451↑174.2% | 165↑14.5% | 144↓0.6% | 145 | |
| Selling & Marketing Expenses | 504↑43.7% | 351↑52.3% | 230↑2.3% | 225↑63.3% | 138 | |
| SG&A Expenses | 783↓2.4% | 802↑103.1% | 395↑7.0% | 369↑30.5% | 283 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,566↓9.8% | 1,737↑108.5% | 833↑13.5% | 734↑36.0% | 540 | |
| Total Costs & Expenses | 1,761↓5.4% | 1,861↑97.1% | 944↑12.6% | 839↑37.0% | 612 | |
| Operating Results | ||||||
| Operating Income | 442↑178.8% | -561↓299.9% | -140↑18.6% | -172↓35.3% | -127 | |
| Depreciation & Amortization | 16↑1.9% | 16↑14.2% | 14↑71.3% | 8↑184.4% | 3 | |
| EBITDA | 458↑184.0% | -545↓330.9% | -126↑23.0% | -164↓32.0% | -124 | |
| EBIT | 442↑178.8% | -561↓299.9% | -140↑18.6% | -172↓35.3% | -127 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 87↑15.1% | 75↑41.8% | 53↑273.3% | 14↑4249.9% | -0.34 | |
| Income Before Tax | 529↑209.0% | -485↓457.6% | -87↑44.9% | -158↓23.8% | -128 | |
| Income Tax Expense | -1↓10.7% | -0.93↓124.5% | 4↑511.1% | 0.62↑82.9% | 0.34 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 530↑209.4% | -484↓433.2% | -91↑42.7% | -159↓24.0% | -128 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 530↑209.4% | -484↓433.2% | -91↑42.7% | -159↓24.0% | -128 | |
| Bottom-Line Net Income | 530↑209.4% | -484↓433.2% | -91↑42.7% | -159↓24.0% | -128 | |
| EPS (Basic) | 2.84↑205.6% | -2.69↓380.4% | -0.56↑42.3% | -0.97↓24.4% | -0.78 | |
| EPS (Diluted) | 2.62↑197.4% | -2.69↓380.4% | -0.56↑42.3% | -0.97↓24.4% | -0.78 | |
| Weighted Average Shares | 186↑3.4% | 180↑10.4% | 163↑0.0% | 163↑0.0% | 163 | |
| Weighted Average Diluted Shares | 202↑12.1% | 180↑10.4% | 163↑0.0% | 163↑0.0% | 163 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.