U.S. DAUs

International DAUs

Global DAUs

% change DAUs

U.S. WAUs

International WAUs

Global WAUs

% change WAUs

U.S. ARPU

International ARPU

Global ARPU

Revenue segments as reported by the company.

U.S.

International

Total Revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Sales and marketing

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Reddit Inc

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Reddit Inc (RDDT) posts stellar Q2 results, eyes global expansion

Reddit Inc (RDDT) reported a robust Q2 performance marked by significant user and revenue growth, driven by international expansion and product enhancements. The company's focus on data licensing revenue and AI-driven ad optimization showcased its commitment to innovation. While Reddit faces challenges in a competitive landscape, opportunities lie in expanding advertising strategies, improving user experience, and further international expansion.

Reddit achieves profitability and global growth, eyes new revenue streams

Reddit's Q3 performance reflects strong revenue growth, profitability, and international expansion, driven by investments in ad tech and user experience.
While challenges lie in sustaining growth and balancing innovation with user experience, opportunities in global expansion and new revenue streams are abundant.
With a focus on scaling profitably and enhancing ad solutions, Reddit is well-positioned to capitalize on its strengths and navigate industry challenges for continued success.

Revenue

Cost of revenue

Gross profit

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SG&A

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EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

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Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.

Reddit is going public. Read about how the founders went from idea to IPO in the Public app.

2005: Reddit is founded by Steve Huffman and Alexis Ohanian. The duo are brought into the Y-combinator startup accelerator and raise $100,000 in funding.



2006: Huffman & Ohanian sell Reddit to Condé Nast for $10 million.

2008: Reddit introduces subreddits.

2011: Condé Nast turns Reddit into an independent entity to bring startup culture back to the business.



March 2012: Former Facebook executive Yishan Wong becomes Reddit CEO. 


2012: Barack Obama hosts an Ask Me Anything (AMA) town hall on Reddit.


September 2014: Reddit raises $50 million. High-profile investors include Sam Altman, Peter Thiel, Jared Leto, Josh Kushner, and Snoop Dogg.

November 2014: Wong resigns and Ellen Pao takes the CEO position.

2014: Alex Ohanian returns as executive chairman.

July 2015: Pao resigns after facing backlash from the Reddit community over her firing of the platform’s director of talent, who managed the popular AMA feature. Co-founder Steve Huffman returns as CEO.


2019: Reddit receives $150 million investment from Chinese tech giant Tencent. The deal sparks controversy over China’s anti free speech policies. 

June 2020: Ohanian resigns as executive chairman and recommends Reddit fill the position with a diverse candidate.


February 2024: Reddit Files for IPO.

March 2024: Reddit goes public.

-Techcrunch
-The Guardian
-CNBC
-The Verge
-CNET
-Forbes
-Reddit S-1
 
*This content is for educational purposes and is not investment advice. 

2005: Reddit is founded by Steve Huffman and Alexis Ohanian. The duo are brought into the Y Combinator startup accelerator and raise $100,000 in funding.


2006: Huffman & Ohanian sell Reddit to Condé Nast for $10 million.

2008: Reddit introduces subreddits.

2011: Condé Nast turns Reddit into an independent entity to bring startup culture back to the business.


March 2012: Former Facebook executive Yishan Wong becomes CEO of Reddit. 



August 2012: Barack Obama hosts an Ask Me Anything (AMA) town hall on Reddit.

September 2014: Reddit raises $50 million. High-profile investors include Sam Altman, Peter Thiel, Jared Leto, Josh Kushner, and Snoop Dogg.

November 2014: Wong resigns and Ellen Pao takes the CEO position.

2014: Alex Ohanian returns as executive chairman.

2019: Reddit receives $150 million investment from Chinese tech giant Tencent. The deal sparks controversy over China’s anti free speech policies. 


June 2020: Ohanian resigns as executive chairman and recommends Reddit fill the position with a diverse candidate.

2021: Wall Street Bets brings forth a short squeeze campaign to help rally GameStop shares.

2023: Reddit raises data (API) prices due to increased demand from AI firms looking to train Large Language Models. Thousands of subreddits go offline in protest to rising API costs.

March 2024: Reddit goes public on the New York Stock Exchange.

Reddit is going public. It lost nearly $91 million last year, the company said in its newly filed IPO documents.

Wait. Why is Reddit losing so much money?

Jeremiah Johnson says he has “an embarrassing amount” of Reddit karma. So, as a longtime moderator of subreddits like r/economics, he was part of a select group of power users who were granted first dibs to buy stock in Reddit as the company prepares to go public.

Reddit users wonder if the next big meme stock is Reddit itself

Reddit has filed for a $100 million IPO, but the final figure may be higher.

Reddit Grows But Operating Losses Remain Substantial In IPO Effort

Reddit co-founder and CEO Steve Huffman was thrust into the spotlight last week after the social media platform filed for its initial public offering.

Reddit CEO Steve Huffman: What to know

﻿ Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

Equity Shot: All about the Reddit IPO!

Dt Cloud Acquisition Corp

Wetouch Technology Inc

The first part of the body of the minutes focused on evidence regarding the current state of the economy, employment, and inflation. The most interesting part of the minutes related to how participants viewed the economy and the appropriate path for policy.

U.S. IPO Weekly Recap: Reddit And Astera Labs Join The IPO Pipeline In Short Week

Reddit's initial public offering filing reveals OpenAI CEO Sam Altman is the social media platform's third-largest shareholder, meaning he could net a fortune in its debut.

Reddit's public debut could mean big bucks for OpenAI CEO Sam Altman

Reddit filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) to trade under the symbol “RDDT" this week. The company first pursued going public in late 2021.

4 Key Takeaways From Reddit's IPO Filing

Want to buy a piece of the Reddit? You better think about what the WallStreetBets subreddit could do to your investment.

Reddit's IPO filing names WallStreetBets' ‘popularity' as risk to stock price

Reddit's long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest.

Reddit downplays risks of developer backlash, decentralized social media in its IPO filing

As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. The subreddit r/WallStreetBets, a community of retail traders with 15 million members, describes itself as being “like 4chan found a Bloomberg Terminal.

Reddit cites r/WallStreetBets as a risk factor in its IPO filing

It's been about 12 years since the giant social network Facebook went public. Next month, Reddit — a much smaller social network — plans to sell shares in an initial public offering.

Why Reddit's IPO Is 12 Years Late To The Social Media Party

Why Reddit's IPO Is 12 Years Late To Reach Social Media Investors

Investors getting their first look at Reddit's financials noticed a focus on AI monetization in its IPO filing.

Social network Reddit's IPO is an 'AI play,' says Herb Greenberg

Reddit is in focus this morning after Alex Kantrowitz – the founder of “Big Technology” likened it to a “smaller, more volatile” Twitter. Reddit to list on the NYSE under ‘RDDT' His comment arrives a day after Reddit filed to list on the New York Stock Exchange under the ticker symbol “RDDT”.

Kantrowitz sees Reddit as ‘smaller, more volatile' Twitter following IPO announcement

Reddit is preparing to go public on the New York Stock Exchange. It plans to offer some shares to its most loyal users ahead of the IPO.

Reddit aims to ride the AI wave by going public

Self-professed ‘Front Page of the Internet' Reddit has officially filed for an initial public offering in the US, with the debut tipped for March under ticker symbol RDDT. In an S-1 filing with the Securities and Exchange Commission, Reddit touted its vast network of 100,000-plus communities, 73 million active daily users and one billion cumulative posts.

Reddit files for biggest social media IPO since Pinterest

Alphabet

Reddit has struck a deal with Google that allows the search giant to use posts from the online discussion site for training its artificial intelligence models and to improve services such as Google Search.

Reddit strikes $60M deal allowing Google to train AI models on its posts, unveils IPO plans

Last year, Reddit moderators protested against site changes that restricted third-party app access. Thousands of subreddits went private, locking the public from viewing popular forums.

Reddit warns its business could be damaged by another moderator revolt

Social media platform Reddit filed with the SEC today for an initial public offering, a move anticipated for years by the company, which was founded in 2005 by Steve Huffman, Alexis Ohanian and Aaron Swartz.

Reddit Files Files For IPO, Will List On NYSE Under Stock Symbol ‘RDDT'; CEO Touts “Conversation From The Sublime To The Ridiculous”

As Reddit prepares to go public, a new filing with the SEC has revealed its biggest backers. OpenAI's Sam Altman is the third-largest shareholder, the filing revealed.

Sam Altman secretly owned way more Reddit stock than we thought

Sam Altman used Reddit every day for years before leading a $50 million round in the online discussion board company. Now Reddit sees ChatGPT as competition.

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

Reddit's upcoming IPO will give its moderators a chance to buy stock.  But on the popular r/WallStreetBets and r/stocks subreddits, lot of users aren't interested.

Redditors don't want to buy Reddit stock

Reddit's prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its IPO prospectus filed today with the U.S.

Reddit says it's made $203M so far licensing its data

The platform's listing, expected in March, would be the largest IPO by a social media company since Pinterest went public in 2019

News for Reddit Inc Stock (RDDT)