Get started

Financials · RDDT

Reddit Inc. (RDDT) financials

For the twelve months ended Sep 30, 2026, Reddit Inc. reported $3.09B of revenue and $991.70M of net income.

Revenue, TTM
$3.09B
Revenue growth, YoY
+62.2%
Net income, TTM
$991.70M
Net income growth, YoY
+184.0%
Net margin
32.1%
Free cash flow, TTM
$1.20B
EPS, diluted, TTM
$4.90
Cash
$1.36B
P/E
18.27
P/S
5.86
Market cap
$18.11B
Annual revenue$2.20B
FY2022FY2025
Annual net income$529.72M
FY2022FY2025
Annual free cash flow$684.17M
FY2022FY2025

RDDT revenue and earnings growth

RDDT revenueQ3 2026$894.96M

Quarter YoY
+53.0%
QoQ
+11.2%
FY YoY
+69.4%

RDDT revenue was $894.96M in fiscal Q3 2026 (ended Sep 30, 2026), up 53.0% from a year earlier and up 11.2% from the prior quarter. For the full fiscal 2025 it was $2.20B, up 69.4% from fiscal 2024. It rose in each of the last 3 fiscal years.

RDDT net incomeQ3 2026$283.26M

Quarter YoY
+74.1%
QoQ
+12.0%

RDDT net income was $283.26M in fiscal Q3 2026 (ended Sep 30, 2026), up 74.1% from a year earlier and up 12.0% from the prior quarter. For the full fiscal 2025 it was $529.72M, compared with -$484.28M in fiscal 2024.

RDDT EPSQ3 2026$1.40

Quarter YoY
+75.0%
QoQ
+12.0%

RDDT diluted EPS was $1.40 in fiscal Q3 2026 (ended Sep 30, 2026), up 75.0% from a year earlier and up 12.0% from the prior quarter. For the full fiscal 2025 it was $2.62, compared with -$3.33 in fiscal 2024.

RDDT free cash flowQ3 2026$362.57M

Quarter YoY
+98.0%
QoQ
+39.1%
FY YoY
+217.0%

RDDT free cash flow was $362.57M in fiscal Q3 2026 (ended Sep 30, 2026), up 98.0% from a year earlier and up 39.1% from the prior quarter. For the full fiscal 2025 it was $684.17M, up 217.0% from fiscal 2024.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Revenue$2.20B$1.30B$804.03M$666.70M
Cost of revenue$194.22M$123.59M$111.01M$104.80M
Gross profit$2.01B$1.18B$693.02M$561.90M
Research and development$783.14M$935.15M$438.35M$365.16M
Selling, general and admin$279.30M$451.45M$164.66M$143.82M
Operating income$441.98M-$560.57M-$140.16M-$172.16M
Pre-tax income$528.69M-$485.21M-$87.02M-$157.93M
Income tax-$1.03M-$931.0K$3.80M$622.0K
Net income$529.72M-$484.28M-$90.82M-$158.55M
EPS, basic$2.84-$3.33-$1.54-$2.77
EPS, diluted$2.62-$3.33-$1.54-$2.77
Diluted shares202.1M145.5M59.1M57.3M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Cash and equivalents$953.57M$562.14M$401.18M$435.86M
Receivables$590.16M$349.53M$245.28M-
Current assets$3.14B$2.22B$1.48B-
Goodwill$42.17M$42.17M$26.30M-
Total assets$3.24B$2.34B$1.60B-
Current liabilities$271.28M$176.02M$133.57M-
Total liabilities$310.13M$205.85M$155.90M-
Shareholders' equity$2.93B$2.13B-$412.92M-$379.06M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Operating cash flow$690.88M$222.07M-$75.11M-$94.02M
Capital expenditures$6.71M$6.25M$9.72M$6.23M
Free cash flow$684.17M$215.82M-$84.84M-$100.25M
Investing cash flow-$218.89M-$440.69M$41.29M-$804.18M
Financing cash flow-$80.56M$379.54M-$811.0K-$3.78M
Stock-based compensation$343.18M$801.65M$47.60M$55.31M
Depreciation and amortization$15.95M$15.64M$13.70M$8.00M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
Revenue growth, YoY69.4%61.7%20.6%-
Gross margin91.2%90.5%86.2%84.3%
Operating margin20.1%-43.1%-17.4%-25.8%
Net margin24.1%-37.2%-11.3%-23.8%
Free cash flow margin31.1%16.6%-10.6%-15.0%
Return on equity18.1%-22.7%--
Return on assets16.4%-20.7%-5.7%-
Current ratio11.5612.6311.08-

Source: XBRL data Reddit Inc. files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

RDDT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
RDDT$3.09B+62.2%$991.70M32.1%$18.11B
ADP$22.26B+6.5%$4.53B20.3%$121.25B
INFY$20.16B+4.6%$3.31B16.4%$51.92B
WDAY$10.15B+13.3%$1.25B12.3%$48.24B
ZS$3.35B+25.4%-$63.18M-1.9%$33.24B
CTSH$21.89B+5.0%$2.57B11.8%$29.75B
VRSN$1.73B+6.5%$849.80M49.1%$27.99B
VRSK$3.18B+4.9%$879.20M27.7%$27.52B
IOT$1.85B+29.5%$90.55M4.9%$24.06B

RDDT FAQ

9 questions
  • What is RDDT revenue?
    Reddit Inc. (RDDT) reported $3.09B of revenue for the twelve months ended Sep 30, 2026. That is up 62.2% from the year before. Revenue for fiscal 2025 was $2.20B.
  • Is RDDT profitable?
    Yes. Reddit Inc. earned $991.70M in net income for the twelve months ended Sep 30, 2026, a net margin of 32.1%.
  • How much cash and debt does RDDT have?
    Reddit Inc. reported $1.36B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is RDDT revenue growing?
    Reddit Inc.'s revenue changed +69.4% in fiscal 2025, to $2.20B.
  • What is RDDT gross margin?
    Reddit Inc.'s gross profit was $2.83B on $3.09B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 91.5%.
  • What is RDDT free cash flow?
    Reddit Inc. generated $1.20B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.20B less capital expenditures.
  • What is RDDT earnings per share?
    Diluted earnings per share were $4.90 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did RDDT last report financial results?
    The latest statements here come from Reddit Inc.'s 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
  • Where does this RDDT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Reddit Inc. files with the SEC. It is provided for information only and is not investment advice.