Free Trial
→ $2 Trillion Disappears Because of Fed's Secretive New Move (From Stansberry Research) (Ad) Buy RDDT Stock  Free RDDT Stock Alerts

Reddit (RDDT) Financials

Reddit logo
$98.04 -3.11 (-3.07%)
As of 04/14/2025 03:58 PM Eastern
Compare
Annual Income Statements for Reddit

Annual Income Statements for Reddit

This table shows Reddit's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -159 -91 -484
Consolidated Net Income / (Loss)		 -159 -91 -484
Net Income / (Loss) Continuing Operations		 -159 -91 -484
Total Pre-Tax Income 		-158 -87 -485
Total Operating Income		 -172 -140 -561
Total Gross Profit		 562 693 1,177
Total Revenue		 667 804 1,300
Operating Revenue		 667 804 1,300
Total Cost of Revenue		 105 111 124
Operating Cost of Revenue		 105 111 124
Total Operating Expenses		 734 833 1,737
Selling, General & Admin Expense		 144 165 451
Marketing Expense		 225 230 351
Research & Development Expense		 365 438 935
Total Other Income / (Expense), net		 14 53 75
Other Income / (Expense), net		 14 53 75
Income Tax Expense		 0.62 3.80 -0.93
Basic Earnings per Share		 ($2.77) ($1.54) ($3.33)
Weighted Average Basic Shares Outstanding		 57.25M 59.14M 145.47M
Diluted Earnings per Share		 ($2.77) ($1.54) ($3.33)
Weighted Average Diluted Shares Outstanding		 57.25M 59.14M 145.47M
Weighted Average Basic & Diluted Shares Outstanding		 - - 180.90M

Quarterly Income Statements for Reddit

This table shows Reddit's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 -61 -41 -7.38 19 -575 -10 30 71
Consolidated Net Income / (Loss)		 -61 -41 -7.38 19 -575 -10 30 71
Net Income / (Loss) Continuing Operations		 -61 -41 -7.38 19 -575 -10 30 71
Total Pre-Tax Income 		-60 -40 -6.94 19 -575 -10 30 70
Total Operating Income		 -71 -53 -20 3.02 -589 -31 6.85 53
Total Gross Profit		 137 154 181 221 215 252 314 396
Total Revenue		 164 183 208 250 243 281 348 428
Operating Revenue		 164 183 208 250 243 281 348 428
Total Cost of Revenue		 27 29 26 29 28 30 35 32
Operating Cost of Revenue		 27 29 26 29 28 30 35 32
Total Operating Expenses		 207 207 201 218 805 283 307 343
Selling, General & Admin Expense		 41 38 37 48 243 68 66 74
Marketing Expense		 58 59 55 58 124 71 75 81
Research & Development Expense		 109 110 108 112 437 143 167 189
Total Other Income / (Expense), net		 11 13 13 16 15 21 23 17
Other Income / (Expense), net		 11 13 13 16 15 21 23 17
Income Tax Expense		 0.99 1.43 0.45 0.94 0.37 -0.22 -0.03 -1.05
Basic Earnings per Share		 ($1.05) ($0.70) ($0.13) $0.34 ($8.19) ($0.06) $0.18 $4.74
Weighted Average Basic Shares Outstanding		 58.11M 58.51M 58.86M 59.14M 70.24M 164.38M 169.17M 145.47M
Diluted Earnings per Share		 ($1.05) ($0.70) ($0.13) $0.34 ($8.19) ($0.06) $0.16 $4.76
Weighted Average Diluted Shares Outstanding		 58.11M 58.51M 58.86M 59.14M 70.24M 164.38M 192.32M 145.47M
Weighted Average Basic & Diluted Shares Outstanding		 - - - 0.00 163.51M 165.88M 175.58M 180.90M

Annual Cash Flow Statements for Reddit

This table details how cash moves in and out of Reddit's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Net Change in Cash & Equivalents		 -902 -35 161
Net Cash From Operating Activities		 -94 -75 222
Net Cash From Continuing Operating Activities		 -94 -75 222
Net Income / (Loss) Continuing Operations		 -159 -91 -484
Consolidated Net Income / (Loss)		 -159 -91 -484
Depreciation Expense		 8.00 14 16
Amortization Expense		 -3.26 -27 -43
Non-Cash Adjustments To Reconcile Net Income		 70 59 802
Changes in Operating Assets and Liabilities, net		 -10 -30 -67
Net Cash From Investing Activities		 -804 41 -441
Net Cash From Continuing Investing Activities		 -804 41 -441
Purchase of Property, Plant & Equipment		 -6.23 -9.72 -6.25
Acquisitions		 -42 0.00 -17
Purchase of Investments		 -1,431 -1,260 -1,997
Divestitures		 0.00 0.00 6.87
Sale and/or Maturity of Investments		 675 1,311 1,574
Other Investing Activities, net		 -0.06 0.17 -1.05
Net Cash From Financing Activities		 -3.78 -0.81 380
Net Cash From Continuing Financing Activities		 -3.78 -0.81 380
Repayment of Debt		 -1.02 0.00 0.00
Repurchase of Common Equity		 -9.80 -1.44 -8.78
Issuance of Common Equity		 0.00 0.00 600
Other Financing Activities, net		 7.03 0.63 -212

Quarterly Cash Flow Statements for Reddit

This table details how cash moves in and out of Reddit's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 89 -86 -5.35 -33 567 -501 48 46
Net Cash From Operating Activities		 4.08 -54 -7.70 -17 32 28 72 90
Net Cash From Continuing Operating Activities		 4.08 -54 -7.70 -17 32 28 72 90
Net Income / (Loss) Continuing Operations		 -61 -41 -7.38 19 -575 -10 30 71
Consolidated Net Income / (Loss)		 -61 -41 -7.38 19 -575 -10 30 71
Depreciation Expense		 3.34 3.32 3.29 3.76 3.74 3.77 3.97 4.16
Amortization Expense		 -5.13 -6.15 -7.61 -8.55 -8.13 -11 -12 -12
Non-Cash Adjustments To Reconcile Net Income		 16 14 13 17 579 66 72 85
Changes in Operating Assets and Liabilities, net		 51 -24 -9.01 -48 32 -20 -21 -59
Net Cash From Investing Activities		 89 -32 2.58 -18 114 -520 7.94 -43
Net Cash From Continuing Investing Activities		 89 -32 2.58 -18 114 -520 7.94 -43
Purchase of Property, Plant & Equipment		 -0.36 -0.83 -3.94 -4.60 -2.85 -1.20 -1.35 -0.84
Purchase of Investments		 -263 -351 -314 -332 -136 -862 -428 -571
Sale and/or Maturity of Investments		 352 320 320 318 253 343 447 530
Other Investing Activities, net		 0.07 0.04 -0.00 0.06 -0.02 -0.01 0.49 -1.51
Net Cash From Financing Activities		 -3.63 0.33 -0.22 2.71 421 -9.31 -32 -0.70
Net Cash From Continuing Financing Activities		 -3.63 0.33 -0.22 2.71 421 -9.31 -32 -0.70
Repurchase of Common Equity		 -0.36 -0.50 -0.04 -0.55 -2.75 -3.59 -2.16 -0.28
Other Financing Activities, net		 -3.27 0.83 -0.19 3.25 -172 -5.73 -34 -0.43

Annual Balance Sheets for Reddit

This table presents Reddit's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024
Total Assets		 1,596 2,337
Total Current Assets		 1,480 2,223
Cash & Equivalents		 401 562
Short-Term Investments		 812 1,279
Accounts Receivable		 245 350
Prepaid Expenses		 21 33
Plant, Property, & Equipment, net		 15 13
Total Noncurrent Assets		 102 101
Goodwill		 26 42
Intangible Assets		 32 25
Other Noncurrent Operating Assets		 43 33
Total Liabilities & Shareholders' Equity		 1,596 2,337
Total Liabilities		 156 206
Total Current Liabilities		 134 176
Accounts Payable		 47 45
Accrued Expenses		 83 124
Other Current Liabilities		 3.71 6.14
Total Noncurrent Liabilities		 22 30
Other Noncurrent Operating Liabilities		 22 30
Commitments & Contingencies		 0.00 0.00
Redeemable Noncontrolling Interest		 1,853 0.00
Total Equity & Noncontrolling Interests		 -413 2,131
Total Preferred & Common Equity		 -413 2,131
Preferred Stock		 0.00 0.00
Total Common Equity		 -413 2,131
Common Stock		 303 3,332
Retained Earnings		 -717 -1,201
Accumulated Other Comprehensive Income / (Loss)		 0.81 0.02

Quarterly Balance Sheets for Reddit

This table presents Reddit's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024
Total Assets		 2,016 2,076 2,172
Total Current Assets		 1,920 1,981 2,061
Cash & Equivalents		 969 468 516
Short-Term Investments		 702 1,231 1,229
Accounts Receivable		 215 240 284
Prepaid Expenses		 34 42 32
Plant, Property, & Equipment, net		 14 14 14
Total Noncurrent Assets		 81 81 97
Goodwill		 26 26 42
Intangible Assets		 30 28 28
Other Noncurrent Operating Assets		 25 27 27
Total Liabilities & Shareholders' Equity		 2,016 2,076 2,172
Total Liabilities		 178 183 194
Total Current Liabilities		 156 160 172
Accounts Payable		 45 64 62
Accrued Expenses		 107 90 105
Other Current Liabilities		 4.38 5.37 5.40
Total Noncurrent Liabilities		 21 23 22
Other Noncurrent Operating Liabilities		 21 23 22
Commitments & Contingencies		 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,838 1,894 1,978
Total Preferred & Common Equity		 1,838 1,894 1,978
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 1,838 1,894 1,978
Common Stock		 3,130 3,197 3,245
Retained Earnings		 -1,292 -1,302 -1,272
Accumulated Other Comprehensive Income / (Loss)		 -0.47 -1.00 4.15

Annual Metrics and Ratios for Reddit

This table displays calculated financial ratios and metrics derived from Reddit's official financial filings.

Metric 2022 2023 2024
Growth Metrics		 - - -
Revenue Growth		 0.00% 20.60% 61.71%
EBITDA Growth		 0.00% 34.22% -409.08%
EBIT Growth		 0.00% 44.90% -457.56%
NOPAT Growth		 0.00% 18.59% -299.95%
Net Income Growth		 0.00% 42.72% -433.20%
EPS Growth		 0.00% 44.40% -116.23%
Operating Cash Flow Growth		 0.00% 20.11% 395.64%
Free Cash Flow Firm Growth		 0.00% 0.00% -39.73%
Invested Capital Growth		 0.00% 0.00% 27.48%
Revenue Q/Q Growth		 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 24.63%
Profitability Metrics		 - - -
Gross Margin		 84.28% 86.19% 90.49%
EBITDA Margin		 -22.98% -12.53% -39.45%
Operating Margin		 -25.82% -17.43% -43.11%
EBIT Margin		 -23.69% -10.82% -37.32%
Profit (Net Income) Margin		 -23.78% -11.30% -37.25%
Tax Burden Percent		 100.39% 104.37% 99.81%
Interest Burden Percent		 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% -86.27% -151.68%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% -87.47% -145.67%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 73.66% 124.56%
Return on Equity (ROE)		 0.00% -12.61% -27.12%
Cash Return on Invested Capital (CROIC)		 0.00% -286.27% -175.84%
Operating Return on Assets (OROA)		 0.00% -5.45% -24.67%
Return on Assets (ROA)		 0.00% -5.69% -24.63%
Return on Common Equity (ROCE)		 0.00% 3.61% -13.05%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 22.00% -22.73%
Net Operating Profit after Tax (NOPAT)		 -121 -98 -392
NOPAT Margin		 -18.08% -12.20% -30.18%
Net Nonoperating Expense Percent (NNEP)		 0.00% 1.20% -6.02%
Return On Investment Capital (ROIC_SIMPLE)		 - 23.76% -18.42%
Cost of Revenue to Revenue		 15.72% 13.81% 9.51%
SG&A Expenses to Revenue		 21.57% 20.48% 34.72%
R&D to Revenue		 54.77% 54.52% 71.92%
Operating Expenses to Revenue		 110.10% 103.63% 133.61%
Earnings before Interest and Taxes (EBIT)		 -158 -87 -485
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -153 -101 -513
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.00 0.00 13.47
Price to Tangible Book Value (P/TBV)		 0.00 0.00 13.91
Price to Revenue (P/Rev)		 1.12 0.93 22.07
Price to Earnings (P/E)		 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 6.10 92.63
Enterprise Value to Revenue (EV/Rev)		 0.00 1.73 20.66
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 120.93
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00
Leverage & Solvency		 - - -
Debt to Equity		 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00
Financial Leverage		 0.00 -0.84 -0.86
Leverage Ratio		 0.00 1.11 1.10
Compound Leverage Factor		 0.00 1.11 1.10
Debt to Total Capital		 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 128.66% 0.00%
Common Equity to Total Capital		 0.00% -28.66% 100.00%
Debt to EBITDA		 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00
Altman Z-Score		 0.00 3.59 83.85
Noncontrolling Interest Sharing Ratio		 0.00% 128.66% 51.90%
Liquidity Ratios		 - - -
Current Ratio		 0.00 11.08 12.63
Quick Ratio		 0.00 10.92 12.44
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 0.00 -326 -455
Operating Cash Flow to CapEx		 -1,508.44% -772.46% 3,554.23%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00
Efficiency Ratios		 - - -
Asset Turnover		 0.00 0.50 0.66
Accounts Receivable Turnover		 0.00 3.28 4.37
Inventory Turnover		 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 53.80 94.22
Accounts Payable Turnover		 0.00 2.39 2.69
Days Sales Outstanding (DSO)		 0.00 111.35 83.49
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 152.94 135.75
Cash Conversion Cycle (CCC)		 0.00 -41.59 -52.26
Capital & Investment Metrics		 - - -
Invested Capital		 0.00 227 290
Invested Capital Turnover		 0.00 7.07 5.03
Increase / (Decrease) in Invested Capital		 0.00 227 62
Enterprise Value (EV)		 0.00 1,388 26,856
Market Capitalization		 748 748 28,697
Book Value per Share		 $0.00 ($6.98) $12.14
Tangible Book Value per Share		 $0.00 ($7.97) $11.75
Total Capital		 0.00 1,441 2,131
Total Debt		 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00
Net Debt		 0.00 -1,213 -1,841
Capital Expenditures (CapEx)		 6.23 9.72 6.25
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 133 207
Debt-free Net Working Capital (DFNWC)		 0.00 1,346 2,047
Net Working Capital (NWC)		 0.00 1,346 2,047
Net Nonoperating Expense (NNE)		 38 -7.29 92
Net Nonoperating Obligations (NNO)		 0.00 -1,213 -1,841
Total Depreciation and Amortization (D&A)		 4.74 -14 -28
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 16.54% 15.89%
Debt-free Net Working Capital to Revenue		 0.00% 167.42% 157.47%
Net Working Capital to Revenue		 0.00% 167.42% 157.47%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($3.33)
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 145.47M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($3.33)
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 145.47M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 180.90M
Normalized Net Operating Profit after Tax (NOPAT)		 -121 -98 -392
Normalized NOPAT Margin		 -18.08% -12.20% -30.18%
Pre Tax Income Margin		 -23.69% -10.82% -37.32%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00
Payout Ratios		 - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -6.18% -1.59% -1.81%

Quarterly Metrics and Ratios for Reddit

This table displays calculated financial ratios and metrics derived from Reddit's official financial filings.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00% 48.38% 53.63% 67.87% 71.25%
EBITDA Growth		 0.00% 0.00% 0.00% 0.00% -838.98% 57.88% 289.98% 326.53%
EBIT Growth		 0.00% 0.00% 0.00% 0.00% -859.79% 74.01% 529.84% 259.35%
NOPAT Growth		 0.00% 0.00% 0.00% 0.00% -734.62% 41.42% 150.05% 1,770.38%
Net Income Growth		 0.00% 0.00% 0.00% 0.00% -844.81% 75.43% 504.35% 283.27%
EPS Growth		 0.00% 0.00% 0.00% 0.00% -680.00% 91.43% 223.08% 1,300.00%
Operating Cash Flow Growth		 0.00% 0.00% 0.00% 0.00% 686.85% 152.51% 1,029.79% 616.25%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 27.48%
Revenue Q/Q Growth		 0.00% 11.78% 13.37% 20.36% 0.00% 15.73% 23.89% 22.78%
EBITDA Q/Q Growth		 0.00% 31.07% 73.51% 230.37% 0.00% 96.91% 219.50% 192.70%
EBIT Q/Q Growth		 0.00% 33.73% 82.52% 380.71% 0.00% 98.21% 389.11% 134.68%
NOPAT Q/Q Growth		 0.00% 24.95% 63.04% 120.93% 0.00% 94.73% 131.58% 682.15%
Net Income Q/Q Growth		 0.00% 32.46% 82.04% 351.04% 0.00% 98.24% 395.60% 137.95%
EPS Q/Q Growth		 0.00% 33.33% 81.43% 361.54% 0.00% 99.27% 366.67% 2,875.00%
Operating Cash Flow Q/Q Growth		 0.00% -1,426.45% 85.75% -126.31% 0.00% -11.47% 152.32% 25.66%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 62.70% -4.28% 96.09%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 15.98% 19.44% 24.63%
Profitability Metrics		 - - - - - - - -
Gross Margin		 83.59% 84.25% 87.28% 88.42% 88.63% 89.51% 90.06% 92.55%
EBITDA Margin		 -37.66% -23.23% -5.43% 5.88% -238.34% -6.37% 6.14% 14.64%
Operating Margin		 -43.12% -28.95% -9.44% 1.21% -242.53% -11.04% 1.97% 12.36%
EBIT Margin		 -36.57% -21.68% -3.34% 7.80% -236.54% -3.67% 8.56% 16.36%
Profit (Net Income) Margin		 -37.17% -22.46% -3.56% 7.42% -236.69% -3.59% 8.57% 16.61%
Tax Burden Percent		 101.65% 103.59% 106.41% 95.16% 100.06% 97.91% 100.10% 101.50%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 4.84% 0.00% 0.00% -0.10% -1.50%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 4.06% 0.00% 0.00% 0.00% 63.06%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 2.77% 0.00% 0.00% 0.00% 61.92%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% -2.33% 0.00% 0.00% 0.00% -52.95%
Return on Equity (ROE)		 0.00% 0.00% 0.00% 1.73% 0.00% 0.00% 0.00% 10.11%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% -143.14% 0.00% 0.00% 0.00% -175.84%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 3.93% 0.00% 0.00% 0.00% 10.82%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 3.74% 0.00% 0.00% 0.00% 10.98%
Return on Common Equity (ROCE)		 0.00% 0.00% 0.00% -0.50% 0.00% 0.00% 0.00% 4.86%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -49 -37 -14 2.87 -412 -22 6.86 54
NOPAT Margin		 -30.18% -20.27% -6.61% 1.15% -169.77% -7.73% 1.97% 12.55%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 1.29% -19.47% 1.37% 2.64% 1.14%
Return On Investment Capital (ROIC_SIMPLE)		 - - - -0.69% - - - 2.52%
Cost of Revenue to Revenue		 16.41% 15.75% 12.72% 11.58% 11.37% 10.49% 9.94% 7.45%
SG&A Expenses to Revenue		 24.92% 20.89% 17.97% 19.35% 100.21% 24.36% 18.85% 17.26%
R&D to Revenue		 66.43% 59.95% 52.18% 44.67% 179.88% 50.78% 47.85% 44.11%
Operating Expenses to Revenue		 126.71% 113.20% 96.72% 87.21% 331.16% 100.55% 88.09% 80.19%
Earnings before Interest and Taxes (EBIT)		 -60 -40 -6.94 19 -575 -10 30 70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -62 -43 -11 15 -579 -18 21 63
Valuation Ratios		 - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.59 5.52 5.53 13.47
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.61 5.68 5.73 13.91
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.93 0.00 0.00 0.00 22.07
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 6.10 0.00 44.91 39.50 92.63
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 1.73 0.00 0.00 0.00 20.66
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 120.93
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.00 0.00 0.00 -0.84 -0.91 -0.90 -0.88 -0.86
Leverage Ratio		 0.00 0.00 0.00 1.11 1.10 1.10 1.10 1.10
Compound Leverage Factor		 0.00 0.00 0.00 1.11 1.10 1.10 1.10 1.10
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 128.66% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 0.00% 0.00% 0.00% -28.66% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 0.00 3.81 2.88 34.50 34.07 84.63
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 128.66% 0.00% 0.00% 0.00% 51.90%
Liquidity Ratios		 - - - - - - - -
Current Ratio		 0.00 0.00 0.00 11.08 12.27 12.42 11.96 12.63
Quick Ratio		 0.00 0.00 0.00 10.92 12.05 12.16 11.78 12.44
Cash Flow Metrics		 - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 0.00 0.00 0.00 -580 -217 -226 -8.83
Operating Cash Flow to CapEx		 1,144.66% -6,512.41% -195.71% -378.81% 1,124.66% 2,361.48% 5,293.57% 10,688.48%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.66
Accounts Receivable Turnover		 0.00 0.00 0.00 3.28 0.00 0.00 0.00 4.37
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 53.80 0.00 0.00 0.00 94.22
Accounts Payable Turnover		 0.00 0.00 0.00 2.39 0.00 0.00 0.00 2.69
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 111.35 0.00 0.00 0.00 83.49
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 152.94 0.00 0.00 0.00 135.75
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 -41.59 0.00 0.00 0.00 -52.26
Capital & Investment Metrics		 - - - - - - - -
Invested Capital		 0.00 0.00 0.00 227 168 195 233 290
Invested Capital Turnover		 0.00 0.00 0.00 3.54 0.00 0.00 0.00 5.03
Increase / (Decrease) in Invested Capital		 0.00 0.00 0.00 0.00 168 195 233 62
Enterprise Value (EV)		 0.00 0.00 0.00 1,388 -585 8,748 9,190 26,856
Market Capitalization		 748 748 748 748 1,085 10,447 10,935 28,697
Book Value per Share		 $0.00 $0.00 $0.00 ($6.98) $26.17 $11.58 $11.92 $12.14
Tangible Book Value per Share		 $0.00 $0.00 $0.00 ($7.97) $25.37 $11.25 $11.50 $11.75
Total Capital		 0.00 0.00 0.00 1,441 1,838 1,894 1,978 2,131
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.00 0.00 0.00 -1,213 -1,670 -1,699 -1,745 -1,841
Capital Expenditures (CapEx)		 0.36 0.83 3.94 4.60 2.85 1.20 1.35 0.84
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 0.00 0.00 133 93 122 144 207
Debt-free Net Working Capital (DFNWC)		 0.00 0.00 0.00 1,346 1,764 1,821 1,889 2,047
Net Working Capital (NWC)		 0.00 0.00 0.00 1,346 1,764 1,821 1,889 2,047
Net Nonoperating Expense (NNE)		 11 4.02 -6.33 -16 163 -12 -23 -17
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 -1,213 -1,670 -1,699 -1,745 -1,841
Total Depreciation and Amortization (D&A)		 -1.79 -2.83 -4.33 -4.79 -4.39 -7.59 -8.42 -7.36
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 16.54% 0.00% 0.00% 0.00% 15.89%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 167.42% 0.00% 0.00% 0.00% 157.47%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 167.42% 0.00% 0.00% 0.00% 157.47%
Earnings Adjustments		 - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.34 ($8.19) ($0.06) $0.18 $4.74
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 0.00 59.14M 70.24M 164.38M 169.17M 145.47M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.34 ($8.19) ($0.06) $0.16 $4.76
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 0.00 59.14M 70.24M 164.38M 192.32M 145.47M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 0.00 0.00 163.51M 165.88M 175.58M 180.90M
Normalized Net Operating Profit after Tax (NOPAT)		 -49 -37 -14 2.87 -412 -22 4.80 37
Normalized NOPAT Margin		 -30.18% -20.27% -6.61% 1.15% -169.77% -7.73% 1.38% 8.65%
Pre Tax Income Margin		 -36.57% -21.68% -3.34% 7.80% -236.54% -3.67% 8.56% 16.36%
Debt Service Ratios		 - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% -1.59% 0.00% 0.00% 0.00% -1.81%

Frequently Asked Questions About Reddit's Financials

When does Reddit's fiscal year end?

According to the most recent income statement we have on file, Reddit's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Reddit's net income changed over the last 2 years?

Reddit's net income appears to be on an upward trend, with a most recent value of -$484.28 million in 2024, rising from -$158.55 million in 2022. The previous period was -$90.82 million in 2023.

What is Reddit's operating income?
Reddit's total operating income in 2024 was -$560.57 million, based on the following breakdown:
  • Total Gross Profit: $1.18 billion
  • Total Operating Expenses: $1.74 billion
How has Reddit revenue changed over the last 2 years?

Over the last 2 years, Reddit's total revenue changed from $666.70 million in 2022 to $1.30 billion in 2024, a change of 95.0%.

How much debt does Reddit have?

Reddit's total liabilities were at $205.85 million at the end of 2024, a 32.0% increase from 2023, and a 32.0% increase since 2023.

How much cash does Reddit have?

In the past 1 years, Reddit's cash and equivalents has ranged from $401.18 million in 2023 to $562.09 million in 2024, and is currently $562.09 million as of their latest financial filing in 2024.

How has Reddit's book value per share changed over the last 2 years?

Over the last 2 years, Reddit's book value per share changed from 0.00 in 2022 to 12.14 in 2024, a change of 1,213.6%.

Remove Ads

Related Companies

This page (NYSE:RDDT) was last updated on 4/15/2025 by MarketBeat.com Staff
From Our Partners
Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank ac...
Weiss Ratings | Sponsored
Elon Musk Confirms: Tesla’s Optimus is Replacing Workers… and Heading to Mars
Elon Musk just confirmed Tesla’s robot will go to Mars. But on Earth, it may trigger a trillion-dollar tech sh...
InvestorPlace | Sponsored
Trump to redistribute trillions of dollars
Trump’s Final Reset Inside the shocking plot to re-engineer America’s financial system…and why you need to ...
Porter & Company | Sponsored
Collect $7k per month from Tesla’s SECRET dividend
Tesla doesn't pay a traditional dividend.... But I just discovered a secret backdoor to collect a secret 69...
Investors Alley | Sponsored
DOGE tax surprise
Elon Musk's DOGE agents have some very strange plans for the IRS... Recently, it emerged that our tax auth...
Altimetry | Sponsored
Amazon Shocker
Jeff Bezos quietly backing world-changing tech (not AI) The Amazon founder is quietly advancing a radical t...
Stansberry Research | Sponsored
Caught on Camera: Elon Musk’s “Area 51”
You won’t believe what tech legend Jeff Brown found in what he calls Elon Musk’s “Area 51.” (Click here to see...
Brownstone Research | Sponsored
Three new patents reveal Elon and Trump’s secret “Project America”
Right now for a limited time… You can get Tim Bohen’s top 5 Trump stocks for 2025… For only ONE DOLLAR!...
Timothy Sykes | Sponsored