Reddit's Income Statement Analysis: Revenue to Profit Breakdown
Reddit's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$484.92 M | $666.70 M | $804.03 M | $1.30 B | $2.20 B | $2.47 B |
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Cost of Revenue Direct cost of goods/services. |
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$72.57 M | $104.80 M | $111.01 M | $123.60 M | $194.22 M | $213.39 M |
Gross Profit Revenue minus cost of revenue. |
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$412.35 M | $561.90 M | $693.02 M | $1.18 B | $2.01 B | $2.26 B |
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Operating Expense
Costs to run business. |
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$539.56 M | $734.06 M | $833.18 M | $1.74 B | $1.57 B | $1.64 B |
Research and Development Investment in innovation. |
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$256.98 M | $365.16 M | $438.35 M | $935.15 M | $783.15 M | $799.12 M |
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Sales, General and Administrative
Selling and admin costs. |
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$282.59 M | $368.90 M | $394.83 M | $802.03 M | $783.16 M | $840.05 M |
General and Administrative Corporate overhead costs. |
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$144.72 M | $143.82 M | $164.66 M | $451.45 M | $279.30 M | $275.40 M |
Sales and Marketing Customer acquisition costs. |
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$137.87 M | $225.08 M | $230.18 M | $350.58 M | $503.86 M | $564.65 M |
Other Expenses Other operating costs. |
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- | - | - | - | - | - |
Operating Income Profit from operations. |
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-$127.21 M | -$172.16 M | -$140.16 M | -$560.57 M | $441.98 M | $620.99 M |
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Net Interest Income
Interest income minus expense. |
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- | - | - | - | - | - |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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- | - | - | - | - | - |
Non-Operating Income (ex-Int) Income outside core operations. |
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- | - | - | - | - | -$22.04 M |
Total Other Income (Net) Net non-operating items. |
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-$343.00 K | $14.23 M | $53.14 M | $75.36 M | $86.71 M | $88.99 M |
Income Before Tax Profit before taxes. |
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-$127.56 M | -$157.93 M | -$87.02 M | -$485.21 M | $528.69 M | $709.98 M |
Income Tax Expense Taxes on income. |
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$340.00 K | $622.00 K | $3.80 M | -$931.00 K | -$1.03 M | $2.44 M |
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Net Income
Final profit. |
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-$127.90 M | -$158.55 M | -$90.82 M | -$484.28 M | $529.72 M | $707.54 M |
Net Income From Continuing Operations Profit from core business. |
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-$127.90 M | -$158.55 M | -$90.82 M | -$484.28 M | $529.72 M | $707.54 M |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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-$0.78 | -$0.97 | -$0.56 | -$2.69 | $2.84 | $3.74 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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-$0.78 | -$0.97 | -$0.56 | -$2.69 | $2.62 | $3.53 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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163.35 M | 163.35 M | 163.35 M | 180.32 M | 186.38 M | 191.52 M |
Diluted Average Shares Outst. Shares including dilution. |
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163.35 M | 163.35 M | 163.35 M | 180.32 M | 202.11 M | 202.52 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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-$127.21 M | -$172.16 M | -$140.16 M | -$560.57 M | $441.98 M | $643.03 M |
EBITDA Earnings before interest, tax, D&A. |
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-$124.40 M | -$164.16 M | -$126.46 M | -$544.93 M | $457.93 M | $655.01 M |
Depreciation and Amortization Non-cash expense for assets. |
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$2.81 M | $8.00 M | $13.70 M | $15.64 M | $15.95 M | $11.99 M |
| Company Report |
Reddit's Assets vs Liabilities & Equity
Reddit's Assets vs Liabilities & Equity
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