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, 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%

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