• Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Profitability
  • Ratios

Reddit's Income Statement

  Chart 2020 2021 2022 2023 2024
Revenue
$228.91 M $484.92 M $666.70 M $804.03 M $1.30 B
Cost of Revenue
$55.03 M $72.57 M $104.80 M $111.01 M $123.60 M
Gross Profit
$173.88 M $412.35 M $561.90 M $693.02 M $1.18 B
Research & Development
$117.53 M $257.28 M $365.16 M $438.35 M $935.15 M
Selling,General & Administrative
$118.91 M $282.59 M $368.90 M $394.83 M $802.03 M
Operating Expense
$232.95 M $539.91 M $719.83 M $833.18 M $1.74 B
Operating Income
-$62.56 M -$127.21 M -$172.16 M -$140.16 M -$560.57 M
Net Income
-$59.17 M -$127.90 M -$158.55 M -$90.82 M -$484.28 M

Reddit's Balance Sheet

Chart 2020 2021 2022 2023 2024
Cash and Cash Equivalents
$362.64 M $1.41 B $1.27 B $1.21 B $1.84 B
Inventories
- - - - -
Total Current Assets
$473.70 M $1.60 B $1.48 B $1.48 B $2.22 B
Property,Plant and Equipment
$29.37 M $22.83 M $30.54 M $38.95 M $35.90 M
Goodwill
$6.47 M $6.47 M $26.30 M $26.30 M $42.17 M
Total Assets
$524.14 M $1.65 B $1.60 B $1.60 B $2.34 B
Total Liabilities
$65.01 M $77.63 M $125.28 M $155.90 M $205.85 M
Retained Earnings
-$247.01 M -$467.19 M -$625.74 M -$716.56 M -$1.20 B
Total Shareholder Equity
$459.13 M $1.57 B $1.47 B $1.44 B $2.13 B
Common Stock
$5.00 K $6.00 K $6.00 K $6.00 K $17.00 K

Reddit's Cash flow

Chart 2020 2021 2022 2023 2024
Depreciation & Amortization
$1.93 M $2.81 M $8.00 M $13.70 M $15.64 M
Dividends Payout
- - - - -
Capital Expenditures (Capex)
-$3.05 M -$2.30 M -$6.23 M -$9.72 M -$6.25 M
Free Cash Flow (FCF)
-$64.89 M -$132.49 M -$100.25 M -$84.84 M $215.82 M

Reddit's Profitability

Chart 2020 2021 2022 2023 2024
Gross Profit
$173.88 M $412.35 M $561.90 M $693.02 M $1.18 B
Gross Profit Margin (%)
75.96% 85.04% 84.28% 86.19% 90.49%
Operating Income
-$62.56 M -$127.21 M -$172.16 M -$140.16 M -$560.57 M
Operating Income Margin (%)
-27.33% -26.23% -25.82% -17.43% -43.11%
Net Income
-$59.17 M -$127.90 M -$158.55 M -$90.82 M -$484.28 M
Net Income Margin (%)
-25.85% -26.37% -23.78% -11.30% -37.25%
EBITDA
-$60.62 M -$124.40 M -$164.16 M -$126.46 M -$560.57 M
EBITDA Margin (%)
-26.48% -25.65% -24.62% -15.73% -43.11%

Reddit's Ratios

Chart 2020 2021 2022 2023 2024
Return on Equity (ROE)
-12.89% -8.16% -10.75% -6.30% -22.73%
Return on Assets (ROA)
-11.29% -7.77% -9.91% -5.69% -20.73%
Debt to Equity
4.34% 0.86% 1.32% 1.79% 1.25%
Debt to total asset
3.80% 0.82% 1.22% 1.61% 1.14%
Enterprise value to revenue
10.23 2.65 3.71 3.24 17.87
Enterprise value to EBITDA
-38.63 -10.31 -15.05 -20.62 -41.46
Enterprise value
$2.34 B $1.28 B $2.47 B $2.61 B $23.24 B
Cash to Debt
-310.38% -967.21% -482.36% -291.74% 831.65%
Tax Rate (%)
-0.17% -0.27% -0.39% -4.37% 0.19%
Payout Ratio
- - - - -

Frequently Asked Questions

What is Reddit's revenue?

In fiscal year 2024, Reddit generated a total revenue of $1.30 Billion.

What is Reddit's net income and net income margin?

In fiscal year 2024, Reddit earned a net income of -$484.28 Million, with a net income margin of -37.25%.

What is Reddit's gross profit and gross profit margin?

In fiscal year 2024, Reddit's gross profit was $1.18 Billion, with a gross profit margin of 90.49%.

What is Reddit's operating profit and operating profit margin?

In fiscal year 2024, Reddit's operating profit was -$560.57 Million, with an operating profit margin of -43.11%.

What is Reddit's EBITDA?

In fiscal year 2024, Reddit's EBITDA was -$560.57 Million.

What is Reddit's free cash flow?

In fiscal year 2024, Reddit's free cash flow was $215.82 Million.

What are Reddit's total asset and total liability?

In fiscal year 2024, Reddit's total asset was $2.34 Billion, while its total liability was $205.85 Million.

What are Reddit's capital expenditure (capex) and operating expense (opex)?

In fiscal year 2024, Reddit's capital expenditure (capex) was -$6.25 Million, while its operating expense (opex) was $1.74 Billion.

What is Reddit's Return on Equity (ROE)?

In fiscal year 2024, Reddit's Return on Equity (ROE) was -22.73%.

What was Reddit's income tax expense, and what is its effective tax rate?

In fiscal year 2024, Reddit's income tax expense amounted to -$931.00 K, with an effective tax rate of 0.19%.

What is Reddit's Market cap?

As of , Reddit's market cap is .

What is Reddit's Enterprise value?

Reddit's enterprise value reached $23.24 Billion, according to its recent quarterly filing.