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	Jun '26 Jun 30, 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	2,779	2,203	1,300	804.03	666.7	484.92
Revenue Growth	66.59%	69.40%	61.71%	20.60%	37.49%	111.84%
Cost of Revenue	237.8	194.22	123.6	111.01	104.8	72.57
Gross Profit	2,541	2,008	1,177	693.02	561.9	412.35
Selling, General & Admin	909.5	763.82	783.97	393.85	368.72	282.59
Research & Development	814.21	758.53	911.92	437.84	364.89	256.98
Other Operating Expenses	32.33	43.96	41.29	1.49	0.46	-
Operating Expenses	1,756	1,566	1,737	833.18	734.06	539.56
Operating Income	785	441.98	-560.57	-140.16	-172.16	-127.21
Interest & Investment Income	94.16	86.72	78.12	53.28	15.68	-
Other Non Operating Income (Expenses)	-1.2	-0.02	-2.76	-0.14	-1.45	-0.34
Pretax Income	877.96	528.69	-485.21	-87.02	-157.93	-127.56
Income Tax Expense	6.86	-1.03	-0.93	3.8	0.62	0.34
Net Income	871.1	529.72	-484.28	-90.82	-158.55	-127.9
Net Income to Common	871.1	529.72	-484.28	-90.82	-158.55	-127.9
Net Income Growth	302.64%	-	-	-	-	-
Shares Outstanding (Basic)	190	186	145	59	57	52
Shares Outstanding (Diluted)	203	202	145	59	57	52
Shares Change	8.43%	38.93%	145.99%	3.30%	10.75%	7.12%
EPS (Basic)	4.57	2.84	-3.33	-1.54	-2.77	-2.47
EPS (Diluted)	4.29	2.62	-3.33	-1.54	-2.77	-2.47
EPS Growth	269.52%	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	1,019	684.17	215.82	-84.84	-100.25	-132.49
Free Cash Flow Per Share	5.02	3.38	1.48	-1.44	-1.75	-2.56
Gross Margin	91.44%	91.18%	90.49%	86.19%	84.28%	85.04%
Operating Margin	28.25%	20.07%	-43.11%	-17.43%	-25.82%	-26.23%
Profit Margin	31.35%	24.05%	-37.25%	-11.30%	-23.78%	-26.38%
Free Cash Flow Margin	36.66%	31.06%	16.60%	-10.55%	-15.04%	-27.32%
EBITDA	801.52	457.93	-544.93	-126.46	-164.16	-124.4
EBITDA Margin	28.84%	20.79%	-41.91%	-15.73%	-24.62%	-25.65%
D&A For EBITDA	16.52	15.95	15.64	13.7	8	2.81
EBIT	785	441.98	-560.57	-140.16	-172.16	-127.21
EBIT Margin	28.25%	20.07%	-43.11%	-17.43%	-25.82%	-26.23%
Advertising Expenses	-	102.4	-	-	34.4	-

SEC Filings: 10-K · 10-Q