Reddit, Inc.RDDTEarnings & Financial Report
Reddit is an American proprietary social news aggregation and forum social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communi...
Revenue
$427.7M
Gross Profit
$395.9M
Operating Profit
$52.9M
Net Profit
$71.0M
Gross Margin
92.6%
Operating Margin
12.4%
Net Margin
16.6%
YoY Growth
N/A
EPS
$4.76
Financial Flow
Reddit, Inc. Q4 2024 Financial Summary
Reddit, Inc. reported revenue of $427.7M for Q4 2024, with a net profit of $71.0M (16.6% margin). Cost of goods sold was $31.8M, operating expenses totaled $343.0M.
Key Financial Metrics
| Total Revenue | $427.7M |
|---|---|
| Net Profit | $71.0M |
| Gross Margin | 92.6% |
| Operating Margin | 12.4% |
| Report Period | Q4 2024 |
Revenue Breakdown
Reddit, Inc. Q4 2024 revenue of $427.7M breaks down across 2 segments, led by Advertising at $394.5M (92.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Advertising | $394.5M | 92.2% |
| Other Revenue | $33.2M | 7.8% |
Reddit, Inc. Revenue by Segment — Quarterly Trend
Reddit, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Advertising and Other Revenue) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Advertising | $689.7M | $549.3M | $464.8M | $358.6M |
| Other Revenue | $35.9M | $35.6M | $34.8M | $33.7M |
Reddit, Inc. Annual Revenue by Year
Reddit, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.2B |
| 2024 | $1.3B |
Reddit, Inc. Quarterly Revenue & Net Profit History
Reddit, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $725.6M | +69.7% | $251.6M | 34.7% |
| Q3 2025 | $584.9M | +67.9% | $162.7M | 27.8% |
| Q2 2025 | $499.6M | +77.7% | $89.3M | 17.9% |
| Q1 2025 | $392.4M | +61.5% | $26.2M | 6.7% |
| Q4 2024 | $427.7M | — | $71.0M | 16.6% |
| Q3 2024 | $348.4M | +67.9% | $29.9M | 8.6% |
| Q2 2024 | $281.2M | +53.6% | $-10.1M | -3.6% |
| Q1 2024 | $243.0M | +48.4% | $-575.1M | -236.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $243.0M | $281.2M | $348.4M | $427.7M | $392.4M | $499.6M | $584.9M | $725.6M |
| YoY Growth | 48.4% | 53.6% | 67.9% | N/A | 61.5% | 77.7% | 67.9% | 69.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.02B | $2.08B | $2.17B | $2.34B | $2.44B | $2.63B | $2.88B | $3.24B |
| Liabilities | $177.6M | $182.5M | $194.1M | $205.8M | $219.9M | $245.2M | $265.7M | $310.1M |
| Equity | $1.84B | $1.89B | $1.98B | $2.13B | $2.22B | $2.39B | $2.61B | $2.93B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $32.1M | $28.4M | $71.6M | $90.0M | $127.6M | $111.3M | $185.2M | $266.8M |