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 Revenue
Reddit had revenue of $348.35M in the quarter ending September 30, 2024, with 67.87% growth. This brings the company's revenue in the last twelve months to $1.12B, up 48.70% year-over-year. In the year 2023, Reddit had annual revenue of $804.03M with 20.60% growth.
Revenue (ttm)
$1.12B
Revenue Growth
+48.70%
P/S Ratio
11.71
Revenue / Employee
$557,500
Employees
2,013
Market Cap
19.84B
Revenue Chart
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
Dec 31, 2023 | 804.03M | 137.33M | 20.60% |
Dec 31, 2022 | 666.70M | 181.79M | 37.49% |
Dec 31, 2021 | 484.92M | 256.01M | 111.84% |
Dec 31, 2020 | 228.91M | - | - |
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
Full DefinitionRDDT News
- 2 days ago - Reddit stock price: 3 reasons why RDDT is soaring to all-time highs - Fast Company
- 2 days ago - Reddit's explosive user growth and AI tools help it soar to its first profit as a public company - TechXplore
- 2 days ago - Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner - Deadline
- 2 days ago - Reddit has sold most of its cryptocurrency portfolio - Market Watch
- 2 days ago - Reddit Stock Surges Nearly 40% Toward Best Day Ever After Revenue Beats Estimates - Forbes
- 2 days ago - Why Reddit Stock's an Even Bigger Buy After Earnings - Kiplinger
- 3 days ago - Reddit Stock Jumps 40% on Surprise Profit, Buoyant Outlook - Investopedia
- 3 days ago - Reddit: Astronomical Rally Potential As This Company Expands Beyond English - Seeking Alpha