R
Reddit, Inc.
RDDT · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market cap | $43,559 | $28,697 | – | – | – | – |
| Enterprise value | $41,106 | $26,882 | – | – | – | – |
| P/E (TTM) at period end | 82.23× | – | – | – | – | – |
| P/S (TTM) at period end | 19.78× | 22.07× | – | – | – | – |
| P/B at period end | 14.87× | 13.47× | – | – | – | – |
| EV / EBITDA (TTM) | 89.76× | – | – | – | – | – |
| EV / Sales (TTM) | 18.66× | 20.68× | – | – | – | – |
| Returns | ||||||
| Return on equity | 18.1% | (22.7%) | – | (10.8%) | (8.2%) | (12.9%) |
| Return on invested capital | 22.1% | (35.1%) | – | – | – | (17.0%) |
| Dividend yield | – | – | – | – | – | – |
| Financial health | ||||||
| Current ratio | 11.56× | 12.63× | 11.08× | 13.94× | 22.72× | 9.52× |
| Debt / equity | – | – | – | – | – | – |
| Effective tax rate | (0.2%) | 0.2% | (4.4%) | (0.4%) | (0.3%) | (0.2%) |
| Share count | ||||||
| Diluted shares outstanding | 202 | 145 | 59 | 57 | 163 | 163 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenue and gross profit | |||||||
| Revenue | $2,779 | $2,203 | $1,300 | $804 | $667 | $485 | $229 |
| Cost of revenue | ($238) | ($194) | ($124) | ($111) | ($105) | ($73) | ($55) |
| Gross profit | $2,541 | $2,008 | $1,177 | $693 | $562 | $412 | $174 |
| Operating expenses | |||||||
| Research and development | ($834) | ($783) | ($935) | ($438) | ($365) | ($257) | ($118) |
| Selling, general and administrative | ($282) | ($279) | ($451) | ($165) | ($144) | ($283) | ($119) |
| Total operating expenses | ($1,756) | ($1,566) | ($1,737) | ($833) | ($734) | ($540) | ($236) |
| Total costs and expenses | ($1,994) | ($1,761) | ($1,861) | ($944) | ($839) | ($612) | ($291) |
| Operating income | $785 | $442 | ($561) | ($140) | ($172) | ($127) | ($63) |
| Earnings | |||||||
| EBITDA | $802 | $458 | ($545) | ($126) | ($164) | ($124) | ($61) |
| Interest income | – | – | – | – | – | – | – |
| Interest expense | – | – | – | – | – | – | – |
| Pre-tax income | $878 | $529 | ($485) | ($87) | ($158) | ($128) | ($59) |
| Income tax expense | ($7) | $1 | $1 | ($4) | ($1) | ($0) | ($0) |
| Net income | $871 | $530 | ($484) | ($91) | ($159) | ($128) | ($59) |
| Per share | |||||||
| Diluted EPS (GAAP) | $4.30 | $2.62 | ($3.33) | ($1.54) | ($2.77) | ($0.78) | ($0.36) |
| Basic EPS (GAAP) | $4.57 | $2.84 | ($3.33) | ($1.54) | ($2.77) | ($0.78) | ($0.36) |
| Basic shares outstanding | 190 | 186 | 145 | 59 | 57 | 163 | 163 |
| Margins | |||||||
| Gross margin | 91.4% | 91.2% | 90.5% | 86.2% | 84.3% | 85.0% | 76.0% |
| Operating margin | 28.2% | 20.1% | (43.1%) | (17.4%) | (25.8%) | (26.2%) | (27.3%) |
| Net margin | 31.3% | 24.1% | (37.2%) | (11.3%) | (23.8%) | (26.4%) | (25.9%) |