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Side-by-side financial comparison of Penumbra Inc (PEN) and Reddit, Inc. (RDDT). Click either name above to swap in a different company.

Reddit, Inc. is the larger business by last-quarter revenue ($725.6M vs $385.4M, roughly 1.9× Penumbra Inc). Reddit, Inc. runs the higher net margin — 34.7% vs 12.3%, a 22.4% gap on every dollar of revenue. On growth, Reddit, Inc. posted the faster year-over-year revenue change (69.7% vs 22.1%). Reddit, Inc. produced more free cash flow last quarter ($263.6M vs $68.0M). Over the past eight quarters, Reddit, Inc.'s revenue compounded faster (72.8% CAGR vs 17.6%).

Penumbra, Inc. is an American medical device company headquartered in Alameda, California. The company was founded by Arani Bose and Adam Elsesser in 2004. It manufactures devices for interventional therapies to treat vascular conditions such as stroke and aneurysm.

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...

PEN vs RDDT — Head-to-Head

Bigger by revenue
RDDT
RDDT
1.9× larger
RDDT
$725.6M
$385.4M
PEN
Growing faster (revenue YoY)
RDDT
RDDT
+47.5% gap
RDDT
69.7%
22.1%
PEN
Higher net margin
RDDT
RDDT
22.4% more per $
RDDT
34.7%
12.3%
PEN
More free cash flow
RDDT
RDDT
$195.6M more FCF
RDDT
$263.6M
$68.0M
PEN
Faster 2-yr revenue CAGR
RDDT
RDDT
Annualised
RDDT
72.8%
17.6%
PEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PEN
PEN
RDDT
RDDT
Revenue
$385.4M
$725.6M
Net Profit
$47.3M
$251.6M
Gross Margin
68.0%
91.9%
Operating Margin
15.4%
31.9%
Net Margin
12.3%
34.7%
Revenue YoY
22.1%
69.7%
Net Profit YoY
40.6%
254.2%
EPS (diluted)
$1.20
$1.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PEN
PEN
RDDT
RDDT
Q4 25
$385.4M
$725.6M
Q3 25
$354.7M
$584.9M
Q2 25
$339.5M
$499.6M
Q1 25
$324.1M
$392.4M
Q4 24
$315.5M
$427.7M
Q3 24
$301.0M
$348.4M
Q2 24
$299.4M
$281.2M
Q1 24
$278.7M
$243.0M
Net Profit
PEN
PEN
RDDT
RDDT
Q4 25
$47.3M
$251.6M
Q3 25
$45.9M
$162.7M
Q2 25
$45.3M
$89.3M
Q1 25
$39.2M
$26.2M
Q4 24
$33.7M
$71.0M
Q3 24
$29.5M
$29.9M
Q2 24
$-60.2M
$-10.1M
Q1 24
$11.0M
$-575.1M
Gross Margin
PEN
PEN
RDDT
RDDT
Q4 25
68.0%
91.9%
Q3 25
67.8%
91.0%
Q2 25
66.0%
90.8%
Q1 25
66.6%
90.5%
Q4 24
66.8%
92.6%
Q3 24
66.5%
90.1%
Q2 24
54.4%
89.5%
Q1 24
65.0%
88.6%
Operating Margin
PEN
PEN
RDDT
RDDT
Q4 25
15.4%
31.9%
Q3 25
13.8%
23.7%
Q2 25
12.0%
13.6%
Q1 25
12.4%
1.0%
Q4 24
13.6%
12.4%
Q3 24
11.7%
2.0%
Q2 24
-27.0%
-11.0%
Q1 24
4.3%
-242.5%
Net Margin
PEN
PEN
RDDT
RDDT
Q4 25
12.3%
34.7%
Q3 25
12.9%
27.8%
Q2 25
13.3%
17.9%
Q1 25
12.1%
6.7%
Q4 24
10.7%
16.6%
Q3 24
9.8%
8.6%
Q2 24
-20.1%
-3.6%
Q1 24
3.9%
-236.7%
EPS (diluted)
PEN
PEN
RDDT
RDDT
Q4 25
$1.20
$1.24
Q3 25
$1.17
$0.80
Q2 25
$1.15
$0.45
Q1 25
$1.00
$0.13
Q4 24
$0.88
$4.76
Q3 24
$0.75
$0.16
Q2 24
$-1.55
$-0.06
Q1 24
$0.28
$-8.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PEN
PEN
RDDT
RDDT
Cash + ST InvestmentsLiquidity on hand
$186.9M
$953.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$2.9B
Total Assets
$1.8B
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PEN
PEN
RDDT
RDDT
Q4 25
$186.9M
$953.6M
Q3 25
$321.0M
$911.7M
Q2 25
$421.8M
$734.1M
Q1 25
$376.1M
$635.7M
Q4 24
$324.4M
$562.1M
Q3 24
$280.5M
$515.9M
Q2 24
$288.3M
$468.0M
Q1 24
$223.1M
$968.5M
Stockholders' Equity
PEN
PEN
RDDT
RDDT
Q4 25
$1.4B
$2.9B
Q3 25
$1.4B
$2.6B
Q2 25
$1.3B
$2.4B
Q1 25
$1.2B
$2.2B
Q4 24
$1.2B
$2.1B
Q3 24
$1.1B
$2.0B
Q2 24
$1.2B
$1.9B
Q1 24
$1.2B
$1.8B
Total Assets
PEN
PEN
RDDT
RDDT
Q4 25
$1.8B
$3.2B
Q3 25
$1.7B
$2.9B
Q2 25
$1.7B
$2.6B
Q1 25
$1.6B
$2.4B
Q4 24
$1.5B
$2.3B
Q3 24
$1.5B
$2.2B
Q2 24
$1.5B
$2.1B
Q1 24
$1.6B
$2.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PEN
PEN
RDDT
RDDT
Operating Cash FlowLast quarter
$86.5M
$266.8M
Free Cash FlowOCF − Capex
$68.0M
$263.6M
FCF MarginFCF / Revenue
17.7%
36.3%
Capex IntensityCapex / Revenue
4.8%
0.4%
Cash ConversionOCF / Net Profit
1.83×
1.06×
TTM Free Cash FlowTrailing 4 quarters
$174.9M
$684.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PEN
PEN
RDDT
RDDT
Q4 25
$86.5M
$266.8M
Q3 25
$58.3M
$185.2M
Q2 25
$44.9M
$111.3M
Q1 25
$49.0M
$127.6M
Q4 24
$51.1M
$90.0M
Q3 24
$56.5M
$71.6M
Q2 24
$22.6M
$28.4M
Q1 24
$38.3M
$32.1M
Free Cash Flow
PEN
PEN
RDDT
RDDT
Q4 25
$68.0M
$263.6M
Q3 25
$42.0M
$183.1M
Q2 25
$29.4M
$110.8M
Q1 25
$35.5M
$126.6M
Q4 24
$45.7M
$89.2M
Q3 24
$51.0M
$70.3M
Q2 24
$18.1M
$27.2M
Q1 24
$32.5M
$29.2M
FCF Margin
PEN
PEN
RDDT
RDDT
Q4 25
17.7%
36.3%
Q3 25
11.8%
31.3%
Q2 25
8.7%
22.2%
Q1 25
11.0%
32.3%
Q4 24
14.5%
20.8%
Q3 24
16.9%
20.2%
Q2 24
6.0%
9.7%
Q1 24
11.7%
12.0%
Capex Intensity
PEN
PEN
RDDT
RDDT
Q4 25
4.8%
0.4%
Q3 25
4.6%
0.4%
Q2 25
4.6%
0.1%
Q1 25
4.2%
0.2%
Q4 24
1.7%
0.2%
Q3 24
1.8%
0.4%
Q2 24
1.5%
0.4%
Q1 24
2.1%
1.2%
Cash Conversion
PEN
PEN
RDDT
RDDT
Q4 25
1.83×
1.06×
Q3 25
1.27×
1.14×
Q2 25
0.99×
1.25×
Q1 25
1.25×
4.88×
Q4 24
1.52×
1.27×
Q3 24
1.91×
2.40×
Q2 24
Q1 24
3.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PEN
PEN

Thrombectomy$254.7M66%
Other$130.7M34%

RDDT
RDDT

Advertising$689.7M95%
Other Revenue$35.9M5%

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