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...
RDDT Q4 2025 Key Financial Metrics
Revenue
$725.6M
Gross Profit
$666.9M
Operating Profit
$231.8M
Net Profit
$251.6M
Gross Margin
91.9%
Operating Margin
31.9%
Net Margin
34.7%
YoY Growth
69.7%
EPS
$1.24
Financial Flow
Reddit, Inc. Q4 2025 Financial Summary
Reddit, Inc. reported revenue of $725.6M (up 69.7% YoY) for Q4 2025, with a net profit of $251.6M (up 254.2% YoY) (34.7% margin). Cost of goods sold was $58.7M, operating expenses totaled $435.1M.
Key Financial Metrics
| Total Revenue | $725.6M |
|---|---|
| Net Profit | $251.6M |
| Gross Margin | 91.9% |
| Operating Margin | 31.9% |
| Report Period | Q4 2025 |
Revenue Breakdown
Reddit, Inc. Q4 2025 revenue of $725.6M breaks down across 2 segments, led by Advertising at $689.7M (95.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Advertising | $689.7M | 95.1% |
| Other Revenue | $35.9M | 4.9% |
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). Click any linked year to see what changed vs the prior annual report.
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 |