Reddit, Inc. (RDDT)
NYSE: RDDT · Real-Time Price · USD
155.47
+19.20 (14.09%)
Nov 21, 2024, 3:06 PM EST - Market open
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Logged Out
89.30M 79.00M 70.00M 64.90M 61.80M 61.30M 62.10M 63.00M
Logged Out Growth
44.50% 28.87% 12.72% 3.02% -2.52% -2.54% -0.32% 2.61%
Logged In
83.30M 78.60M 73.60M 69.20M 65.90M 62.70M 60.40M 58.40M
Logged In Growth
26.40% 25.36% 21.85% 18.49% 17.89% 17.64% 18.43% 20.16%

United States Daily Active Users by Status

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Logged Out
92.70M 81.30M 69.40M 60.60M 54.40M 51.70M 50.90M 50.80M
Logged Out Growth
70.40% 57.25% 36.35% 19.29% 6.25% -2.08% -7.62% -11.65%
Logged In
78.90M 74.10M 69.20M 65.10M 62.10M 59.80M 58.20M 56.60M
Logged In Growth
27.05% 23.91% 18.90% 15.02% 13.53% 13.90% 15.02% 15.98%

Daily Active Users by Status

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Logged Out
182.10M 160.30M 139.40M 125.50M 116.30M 113.10M 113.10M 113.80M
Logged Out Growth
56.58% 41.73% 23.25% 10.28% 1.57% -2.16% -3.58% -4.29%
Logged In
162.10M 152.70M 142.80M 134.30M 127.90M 122.40M 118.50M 115.00M
Logged In Growth
26.74% 24.75% 20.51% 16.78% 15.54% 15.58% 16.52% 18.07%

Average Revenue Per User by Geography

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Total Growth
14.01% 1.65% 8.09% -2.01% 5.02% 15.21% 7.09% 6.40%
United States
5.88 4.94 4.77 5.51 5.27 5.21 4.62 5.92
Total
3.58 3.08 2.94 3.42 3.14 3.03 2.72 3.49
United States Growth
11.57% -5.18% 3.25% -6.93% 0.19% 15.01% 4.76% 4.59%
Rest of World
1.32 1.24 1.10 1.34 1.14 1.06 1.00 1.30
Rest of World 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, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Rest of World
172.60M 157.60M 143.60M 134.10M 127.70M 124.00M 122.50M 121.40M
Rest of World Growth
35.16% 27.10% 17.22% 10.46% 7.04% 6.71% 8.12% 10.36%
United States
171.60M 155.40M 138.60M 125.70M 116.50M 111.50M 109.10M 107.40M
United States Growth
47.30% 39.37% 27.04% 17.04% 10.01% 5.89% 3.22% 1.03%

Weekly Active Unique Users by Geography

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Rest of World
653.50M 592.30M 536.00M 499.90M 476.80M 466.20M 464.60M 464.00M
Rest of World Growth
37.06% 27.05% 15.37% 7.74% 3.74% 3.99% 6.22% 8.87%
United States
627.90M 562.80M 494.90M 442.80M 405.70M 386.00M 378.10M 373.90M
United States Growth
54.77% 45.80% 30.89% 18.43% 9.18% 2.60% -1.72% -5.01%

Operating Metrics

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
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%

Operating Expense Breakdown

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
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%
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%
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%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.