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

TRINET GROUP, INC. is the larger business by last-quarter revenue ($1.2B vs $663.0M, roughly 1.9× Reddit, Inc.). On growth, Reddit, Inc. posted the faster year-over-year revenue change (69.0% vs -2.2%). Reddit, Inc. produced more free cash flow last quarter ($311.0M vs $43.0M). Over the past eight quarters, Reddit, Inc.'s revenue compounded faster (53.6% CAGR vs -0.6%).

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...

TriNet Group, Inc. is a professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.

RDDT vs TNET — Head-to-Head

Bigger by revenue
TNET
TNET
1.9× larger
TNET
$1.2B
$663.0M
RDDT
Growing faster (revenue YoY)
RDDT
RDDT
+71.2% gap
RDDT
69.0%
-2.2%
TNET
More free cash flow
RDDT
RDDT
$268.0M more FCF
RDDT
$311.0M
$43.0M
TNET
Faster 2-yr revenue CAGR
RDDT
RDDT
Annualised
RDDT
53.6%
-0.6%
TNET

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RDDT
RDDT
TNET
TNET
Revenue
$663.0M
$1.2B
Net Profit
$204.0M
Gross Margin
100.0%
Operating Margin
0.0%
0.1%
Net Margin
30.8%
Revenue YoY
69.0%
-2.2%
Net Profit YoY
680.0%
EPS (diluted)
$1.01
$0.02

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
RDDT
RDDT
TNET
TNET
Q1 26
$663.0M
Q4 25
$725.6M
$1.2B
Q3 25
$584.9M
$1.2B
Q2 25
$499.6M
$1.2B
Q1 25
$392.4M
$1.3B
Q4 24
$427.7M
$1.3B
Q3 24
$348.4M
$1.2B
Q2 24
$281.2M
$1.2B
Net Profit
RDDT
RDDT
TNET
TNET
Q1 26
$204.0M
Q4 25
$251.6M
Q3 25
$162.7M
$34.0M
Q2 25
$89.3M
$37.0M
Q1 25
$26.2M
$85.0M
Q4 24
$71.0M
Q3 24
$29.9M
$45.0M
Q2 24
$-10.1M
$60.0M
Gross Margin
RDDT
RDDT
TNET
TNET
Q1 26
100.0%
Q4 25
91.9%
Q3 25
91.0%
Q2 25
90.8%
Q1 25
90.5%
Q4 24
92.6%
Q3 24
90.1%
Q2 24
89.5%
Operating Margin
RDDT
RDDT
TNET
TNET
Q1 26
0.0%
Q4 25
31.9%
0.1%
Q3 25
23.7%
4.1%
Q2 25
13.6%
4.1%
Q1 25
1.0%
8.9%
Q4 24
12.4%
-2.9%
Q3 24
2.0%
4.7%
Q2 24
-11.0%
6.5%
Net Margin
RDDT
RDDT
TNET
TNET
Q1 26
30.8%
Q4 25
34.7%
Q3 25
27.8%
2.8%
Q2 25
17.9%
3.0%
Q1 25
6.7%
6.6%
Q4 24
16.6%
Q3 24
8.6%
3.6%
Q2 24
-3.6%
4.9%
EPS (diluted)
RDDT
RDDT
TNET
TNET
Q1 26
$1.01
Q4 25
$1.24
$0.02
Q3 25
$0.80
$0.70
Q2 25
$0.45
$0.77
Q1 25
$0.13
$1.71
Q4 24
$4.76
$-0.44
Q3 24
$0.16
$0.89
Q2 24
$-0.06
$1.20

Balance Sheet & Financial Strength

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

Metric
RDDT
RDDT
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$1.4B
$287.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
$54.0M
Total Assets
$3.5B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RDDT
RDDT
TNET
TNET
Q1 26
$1.4B
Q4 25
$953.6M
$287.0M
Q3 25
$911.7M
$321.0M
Q2 25
$734.1M
$407.0M
Q1 25
$635.7M
$349.0M
Q4 24
$562.1M
$360.0M
Q3 24
$515.9M
$301.0M
Q2 24
$468.0M
$249.0M
Stockholders' Equity
RDDT
RDDT
TNET
TNET
Q1 26
$3.2B
Q4 25
$2.9B
$54.0M
Q3 25
$2.6B
$110.0M
Q2 25
$2.4B
$107.0M
Q1 25
$2.2B
$63.0M
Q4 24
$2.1B
$69.0M
Q3 24
$2.0B
$129.0M
Q2 24
$1.9B
$100.0M
Total Assets
RDDT
RDDT
TNET
TNET
Q1 26
$3.5B
Q4 25
$3.2B
$3.8B
Q3 25
$2.9B
$3.4B
Q2 25
$2.6B
$3.7B
Q1 25
$2.4B
$3.8B
Q4 24
$2.3B
$4.1B
Q3 24
$2.2B
$3.7B
Q2 24
$2.1B
$3.7B

Cash Flow & Capital Efficiency

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

Metric
RDDT
RDDT
TNET
TNET
Operating Cash FlowLast quarter
$61.0M
Free Cash FlowOCF − Capex
$311.0M
$43.0M
FCF MarginFCF / Revenue
46.9%
3.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$868.6M
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RDDT
RDDT
TNET
TNET
Q1 26
Q4 25
$266.8M
$61.0M
Q3 25
$185.2M
$72.0M
Q2 25
$111.3M
$75.0M
Q1 25
$127.6M
$95.0M
Q4 24
$90.0M
$65.0M
Q3 24
$71.6M
$84.0M
Q2 24
$28.4M
$39.0M
Free Cash Flow
RDDT
RDDT
TNET
TNET
Q1 26
$311.0M
Q4 25
$263.6M
$43.0M
Q3 25
$183.1M
$55.0M
Q2 25
$110.8M
$57.0M
Q1 25
$126.6M
$79.0M
Q4 24
$89.2M
$47.0M
Q3 24
$70.3M
$59.0M
Q2 24
$27.2M
$22.0M
FCF Margin
RDDT
RDDT
TNET
TNET
Q1 26
46.9%
Q4 25
36.3%
3.4%
Q3 25
31.3%
4.5%
Q2 25
22.2%
4.6%
Q1 25
32.3%
6.1%
Q4 24
20.8%
3.7%
Q3 24
20.2%
4.8%
Q2 24
9.7%
1.8%
Capex Intensity
RDDT
RDDT
TNET
TNET
Q1 26
Q4 25
0.4%
1.4%
Q3 25
0.4%
1.4%
Q2 25
0.1%
1.5%
Q1 25
0.2%
1.2%
Q4 24
0.2%
1.4%
Q3 24
0.4%
2.0%
Q2 24
0.4%
1.4%
Cash Conversion
RDDT
RDDT
TNET
TNET
Q1 26
Q4 25
1.06×
Q3 25
1.14×
2.12×
Q2 25
1.25×
2.03×
Q1 25
4.88×
1.12×
Q4 24
1.27×
Q3 24
2.40×
1.87×
Q2 24
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RDDT
RDDT

Segment breakdown not available.

TNET
TNET

Insurance Services$1.1B85%
Professional Services$169.0M14%

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