Reddit Inc. (RDDT)

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96.16

0.78 (0.82%)

At close: Apr 17, 2025, 3:59 PM

96.60

0.46%

After-hours: Apr 17, 2025, 07:58 PM EDT

Reddit Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020
Revenue	427.71M	348.35M	281.18M	242.96M	249.75M	207.51M	183.03M	163.74M	200.43M	171.53M	148.56M	146.18M	176.67M	121.19M	108.05M	79M	93.06M
Cost of Revenue	28.1M	34.63M	29.5M	31.36M	28.92M	26.39M	32.08M	30.13M	28.41M	28.18M	25.84M	22.36M	22.77M	20.05M	16.16M	13.59M	14.58M
Gross Profit	399.61M	313.72M	251.68M	211.6M	220.83M	181.11M	150.95M	133.62M	172.01M	143.35M	122.72M	123.82M	153.91M	101.14M	91.89M	65.42M	78.48M
Operating Income	52.87M	6.85M	-31.04M	-589.25M	3.02M	-19.59M	-52.99M	-70.6M	-29.68M	-50.95M	-53.07M	-35.2M	7.19M	-7.17M	-70.44M	-56.79M	13.38M
Interest Income	-15.45M	n/a	n/a	15.45M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pretax Income	69.99M	29.82M	-10.31M	-574.7M	19.48M	-6.94M	-39.68M	-59.88M	-20.6M	-46.91M	-55.29M	-35.13M	6.78M	-7.32M	-70.43M	-56.58M	13.59M
Net Income	71.04M	29.85M	-10.1M	-575.07M	18.53M	-7.38M	-41.11M	-60.87M	-22.23M	-45.3M	-55.73M	-35.29M	6.64M	-7.39M	-70.53M	-56.62M	13.56M
Selling & General & Admin	155.91M	140.16M	139.94M	366.01M	106.25M	92.41M	96.14M	97.37M	95.47M	99.17M	89.15M	81.85M	78.25M	53.59M	73.14M	77.61M	32.47M
Research & Development	190.82M	166.7M	142.78M	434.85M	104.77M	108.28M	107.8M	106.84M	106.22M	95.13M	86.83M	77.18M	68.56M	54.72M	89.39M	44.6M	32.63M
Other Expenses	-35.28M	n/a	20.72M	14.55M	16.46M	12.65M	13.31M	10.72M	9.08M	4.04M	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	346.73M	306.86M	282.72M	800.86M	201.36M	188.05M	203.94M	204.22M	192.61M	190.26M	178.01M	158.95M	147.13M	108.46M	162.32M	122M	64.89M
Interest Expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Selling & Marketing Expenses	80.52M	74.51M	71.46M	124.09M	57.92M	55.11M	59.23M	57.91M	57.89M	59.92M	56.52M	50.75M	43.18M	32.61M	35.19M	26.89M	20.52M
Cost & Expenses	374.83M	341.5M	312.22M	832.22M	230.27M	214.45M	236.02M	234.34M	221.03M	218.44M	203.85M	181.31M	169.9M	128.51M	178.48M	135.59M	79.47M
Income Tax Expense	-1.05M	-31K	-216K	365K	942K	445K	1.43M	988K	1.63M	1.6M	437K	157K	130K	70K	105K	35K	38K
Shares Outstanding (Basic)	199.06M	192.32M	164.39M	70.24M	61.07M	58.86M	58.51M	58.11M	73.92M	57.09M	57.15M	56.64M	53.98M	52.04M	50.5M	50.25M	49.33M
Shares Outstanding (Diluted)	199.06M	192.32M	164.38M	70.24M	61.07M	58.86M	58.51M	58.11M	73.92M	57.09M	57.15M	56.64M	53.98M	52.04M	50.5M	50.25M	48.81M
EPS (Basic)	0.40	0.18	-0.06	-8.19	0.30	-0.13	-0.7	-1.05	-0.3	-0.79	-0.98	-0.62	0.12	-0.14	-1.4	-1.13	0.28
EPS (Diluted)	0.36	0.16	-0.06	-8.19	0.30	-0.13	-0.7	-1.05	-0.3	-0.79	-0.98	-0.62	0.12	-0.14	-1.4	-1.13	0.27
EBITDA	45.36M	6.85M	-27.27M	-585.51M	6.77M	-16.27M	-49.67M	-67.26M	-26.31M	-47.98M	-54.3M	-34.34M	8.03M	-6.47M	-69.8M	-56.16M	14.13M
EBIT	52.87M	6.85M	-31.04M	-589.25M	3.02M	-19.59M	-52.99M	-70.6M	-29.68M	-50.95M	-56.33M	-35.2M	7.19M	-7.17M	-70.44M	-56.79M	13.59M
Depreciation & Amortization	-11.48M	3.97M	3.77M	3.74M	3.75M	3.29M	3.32M	3.34M	3.37M	2.77M	995K	859K	841K	697K	644K	631K	748K