Reddit Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,474	2,203	1,300	804.03	666.7	484.92
Revenue Growth (YoY)	70.64%	69.40%	61.71%	20.60%	37.49%	111.84%
Cost of Revenue	213.39	194.22	123.6	111.01	104.8	72.57
Gross Profit	2,260	2,008	1,177	693.02	561.9	412.35
Selling, General & Admin	840.05	783.16	802.03	394.83	368.9	282.59
Research & Development	799.12	783.15	935.15	438.35	365.16	256.98
Total Operating Expenses	1,639	1,566	1,737	833.18	734.06	539.56
Operating Income	620.99	441.98	-560.57	-140.16	-172.16	-127.21
Total Non-Operating Income (Expense)	88.99	86.71	75.36	53.14	14.23	-0.34
Pretax Income	709.98	528.69	-485.21	-87.02	-157.93	-127.56
Provision for Income Taxes	2.44	-1.03	-0.93	3.8	0.62	0.34
Net Income	707.54	529.72	-484.28	-90.82	-158.55	-127.9
Net Income to Common	707.54	529.72	-484.28	-90.82	-158.55	-127.9
Net Income Growth	505.01%	-	-	-	-	-
Shares Outstanding (Basic)	189	186	145	59	57	52
Shares Outstanding (Diluted)	202	202	145	59	57	52
Shares Change (YoY)	6.69%	38.93%	145.99%	3.30%	10.75%	7.12%
EPS (Basic)	3.74	2.84	-3.33	-1.54	-2.77	-2.47
EPS (Diluted)	3.50	2.62	-3.33	-1.54	-2.77	-2.47
EPS Growth	493.22%	-	-	-	-	-
Free Cash Flow	868.73	684.17	215.82	-84.84	-100.25	-132.49
Free Cash Flow Growth	26.98%	217.01%	-	-	-	-
Free Cash Flow Per Share	4.30	3.39	1.48	-1.43	-1.75	-2.56
Gross Margin	91.37%	91.18%	90.49%	86.19%	84.28%	85.04%
Operating Margin	25.11%	20.07%	-43.11%	-17.43%	-25.82%	-26.23%
Profit Margin	28.60%	24.05%	-37.25%	-11.30%	-23.78%	-26.37%
FCF Margin	35.12%	31.06%	16.60%	-10.55%	-15.04%	-27.32%
EBITDA	637.19	457.93	-544.93	-126.46	-164.16	-124.4
EBITDA Margin	25.76%	20.79%	-41.91%	-15.73%	-24.62%	-25.65%
EBIT	620.99	441.98	-560.57	-140.16	-172.16	-127.21
EBIT Margin	25.11%	20.07%	-43.11%	-17.43%	-25.82%	-26.23%
Effective Tax Rate	0.34%	-0.20%	0.19%	-4.37%	-0.39%	-0.27%

SEC Filings: 10-K · 10-Q