Reddit, Inc. (RDDT)
NYSE: RDDT · Real-Time Price · USD
112.98
-6.32 (-5.30%)
At close: Nov 1, 2024, 4:00 PM
112.30
-0.68 (-0.60%)
After-hours: Nov 1, 2024, 7:58 PM EDT
Reddit Operating Metrics
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Total Weekly Active Unique Users | 365.40M | 342.30M | 306.20M | 267.50M | 239.10M | 218.10M | 218.00M | 207.30M | ||||
Total Weekly Active Unique Users Growth | 52.82% | 56.95% | 40.46% | 29.04% | 14.51% | 4.55% | 2.25% | 3.34% | ||||
Total Daily Active Users | 97.20M | 91.20M | 82.70M | 73.10M | 66.00M | 60.40M | 60.30M | 57.50M | ||||
Total Daily Active Users Growth | 47.27% | 50.99% | 37.15% | 27.13% | 15.18% | 6.90% | 4.87% | 6.68% |
Daily Active Users by Status
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Logged Out Daily Active Users | 53.10M | 49.20M | 43.10M | 36.70M | 31.30M | 28.30M | 29.20M | 27.50M | ||||
Logged Out Daily Active Users Growth | 69.65% | 73.85% | 47.60% | 33.45% | 11.39% | - | -2.34% | -2.48% | ||||
Logged In Daily Active Users | 44.10M | 42.00M | 39.60M | 36.40M | 34.70M | 32.10M | 31.10M | 30.00M | ||||
Logged In Daily Active Users Growth | 27.09% | 30.84% | 27.33% | 21.33% | 18.84% | 13.83% | 12.68% | 16.73% |
Rest of World Daily Active Users by Status
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Logged Out Rest of World Daily Active Users | 26.30M | 24.10M | 20.90M | 18.00M | 16.00M | 15.10M | 15.80M | 14.90M | ||||
Logged Out Rest of World Daily Active Users Growth | 64.38% | 59.60% | 32.28% | 20.81% | 3.23% | -5.03% | -5.39% | -2.61% | ||||
Logged In Rest of World Daily Active Users | 22.70M | 21.60M | 20.30M | 18.70M | 18.00M | 16.60M | 15.90M | 15.40M | ||||
Logged In Rest of World Daily Active Users Growth | 26.11% | 30.12% | 27.67% | 21.43% | 21.62% | 16.08% | 14.39% | 19.38% |
United States Daily Active Users by Status
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Logged Out US Daily Active Users | 26.70M | 25.10M | 22.20M | 18.70M | 15.30M | 13.20M | 13.40M | 12.50M | ||||
Logged Out US Daily Active Users Growth | 74.51% | 90.15% | 65.67% | 49.60% | 21.43% | 6.45% | 0.75% | -3.10% | ||||
Logged In US Daily Active Users | 21.50M | 20.40M | 19.30M | 17.70M | 16.70M | 15.50M | 15.20M | 14.70M | ||||
Logged In US Daily Active Users Growth | 28.74% | 31.61% | 26.97% | 20.41% | 15.97% | 11.51% | 11.76% | 14.84% |
Average Revenue Per User by Geography
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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United States Avg. Revenue Per User | 5.88 | 4.94 | 4.77 | 5.51 | 5.27 | 5.21 | 4.62 | 5.92 | ||||
United States Avg. Revenue Per User Growth | 11.57% | -5.18% | 3.25% | -6.93% | 0.19% | 15.01% | 4.76% | 4.59% | ||||
Total Avg. Revenue Per User | 3.58 | 3.08 | 2.94 | 3.42 | 3.14 | 3.03 | 2.72 | 3.49 | ||||
Total Avg. Revenue Per User Growth | 14.01% | 1.65% | 8.09% | -2.01% | 5.02% | 15.21% | 7.09% | 6.40% | ||||
Rest of World Avg. Revenue Per User | 1.32 | 1.24 | 1.10 | 1.34 | 1.14 | 1.06 | 1.00 | 1.30 | ||||
Rest of World Avg. Revenue Per User Growth | 15.79% | 16.98% | 10.00% | 3.08% | 16.33% | 9.28% | 12.36% | 17.12% |
Daily Active Users by Geography
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Rest of World Daily Active Users | 49.00M | 45.70M | 41.20M | 36.70M | 34.00M | 31.70M | 31.70M | 30.30M | ||||
Rest of World Daily Active Users Growth | 44.12% | 44.16% | 29.97% | 21.12% | 12.21% | 4.97% | 3.59% | 7.45% | ||||
United States Daily Active Users | 48.20M | 45.50M | 41.50M | 36.40M | 32.00M | 28.70M | 28.60M | 27.20M | ||||
United States Daily Active Users Growth | 50.63% | 58.54% | 45.10% | 33.82% | 18.52% | 9.13% | 6.32% | 5.84% |
Weekly Active Unique Users by Geography
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Rest of World Weekly Active Users | 187.40M | 174.80M | 154.90M | 136.40M | 126.20M | 118.50M | 118.80M | 113.30M | ||||
Rest of World Weekly Active Users Growth | 48.49% | 47.51% | 30.39% | 20.39% | 9.17% | 1.37% | 0.51% | 4.04% | ||||
United States Weekly Active Users | 178.00M | 167.50M | 151.30M | 131.10M | 112.90M | 99.60M | 99.20M | 94.00M | ||||
United States Weekly Active Users Growth | 57.66% | 68.17% | 52.52% | 39.47% | 21.14% | 8.62% | 4.42% | 2.51% |
Operating Expense Breakdown
Period Ending | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 |
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Research and Development | 858.08M | 799.66M | 766.61M | 438.35M | 433.00M | 419.85M | 396.75M | 365.16M | ||||
Research and Development Growth | 98.17% | 90.46% | 93.22% | 20.04% | 32.25% | 46.30% | 37.02% | 42.10% | ||||
Sales and Marketing | 327.99M | 308.59M | 296.36M | 230.18M | 230.14M | 234.95M | 232.24M | 225.08M | ||||
Sales and Marketing Growth | 42.51% | 31.34% | 27.61% | 2.26% | 9.40% | 28.35% | 43.59% | 63.26% | ||||
General and Administrative | 425.94M | 397.59M | 367.33M | 164.66M | 153.91M | 155.86M | 153.53M | 143.82M | ||||
General and Administrative Growth | 176.75% | 155.09% | 139.26% | 14.49% | 8.91% | 26.67% | 22.73% | -0.62% |
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.