Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.

Reddit, Inc.

Net Income

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Net Income Common Size

Depreciation and Amortization

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Non-Cash Operating Lease Cost

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Amortization of Premium (Accretion of Discount) on Marketable Securities, Net

Amortization of Premium (Accretion of Discount) on Marketable Securities, Net %Chg

Amortization of Premium (Accretion of Discount) on Marketable Securities, Net Common Size

Stock-Based Compensation Expense

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Other Adjustments

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Accounts Receivable

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Prepaid Expenses and Other Assets

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Operating Lease Right-of-Use Assets and Liabilities

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Operating Lease Right-of-Use Assets and Liabilities Common Size

Accounts Payable

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Accrued Expenses and Other Liabilities

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Accrued Expenses and Other Liabilities Common Size

Net Cash Provided by Operating Activities

Net Cash Provided by Operating Activities %Chg

Net Cash Provided by Operating Activities Common Size

Purchases of Property and Equipment

Purchases of Property and Equipment %Chg

Purchases of Property and Equipment Common Size

Proceeds from Sale of Cryptocurrency

Proceeds from Sale of Cryptocurrency %Chg

Proceeds from Sale of Cryptocurrency Common Size

Purchases of Marketable Securities

Purchases of Marketable Securities %Chg

Purchases of Marketable Securities Common Size

Maturities of Marketable Securities

Maturities of Marketable Securities %Chg

Maturities of Marketable Securities Common Size

Proceeds from Sale of Marketable Securities

Proceeds from Sale of Marketable Securities %Chg

Proceeds from Sale of Marketable Securities Common Size

Cash Paid for Acquisitions, Net of Cash Acquired

Cash Paid for Acquisitions, Net of Cash Acquired %Chg

Cash Paid for Acquisitions, Net of Cash Acquired Common Size

Other Investing Activities

Other Investing Activities %Chg

Other Investing Activities Common Size

Net Cash Provided by Investing Activities

Net Cash Provided by Investing Activities %Chg

Net Cash Provided by Investing Activities Common Size

Proceeds from Issuance of Class a Common Stock in Initial Public Offering, Net of Underwriting Discounts and Commissions

Proceeds from Issuance of Class a Common Stock in Initial Public Offering, Net of Underwriting Discounts and Commissions %Chg

Proceeds from Issuance of Class a Common Stock in Initial Public Offering, Net of Underwriting Discounts and Commissions Common Size

Proceeds from Exercise of Employee Stock Options

Proceeds from Exercise of Employee Stock Options %Chg

Proceeds from Exercise of Employee Stock Options Common Size

Taxes Paid Related to Net Share Settlement of Restricted Stock Units

Taxes Paid Related to Net Share Settlement of Restricted Stock Units %Chg

Taxes Paid Related to Net Share Settlement of Restricted Stock Units Common Size

Payments of Initial Public Offering Costs

Payments of Initial Public Offering Costs %Chg

Payments of Initial Public Offering Costs Common Size

Payments of Deferred Consideration and Holdbacks for Acquisitions

Payments of Deferred Consideration and Holdbacks for Acquisitions %Chg

Payments of Deferred Consideration and Holdbacks for Acquisitions Common Size

Other Financing Activities

Other Financing Activities %Chg

Other Financing Activities Common Size

Net Cash Provided by Financing Activities

Net Cash Provided by Financing Activities %Chg

Net Cash Provided by Financing Activities Common Size

Net Increase in Cash, Cash Equivalents, and Restricted Cash

Net Increase in Cash, Cash Equivalents, and Restricted Cash %Chg

Net Increase in Cash, Cash Equivalents, and Restricted Cash Common Size

Cash, Cash Equivalents, and Restricted Cash at the Beginning of the Period

Cash, Cash Equivalents, and Restricted Cash at the Beginning of the Period %Chg

Cash, Cash Equivalents, and Restricted Cash at the Beginning of the Period Common Size

Cash, Cash Equivalents, and Restricted Cash at the End of the Period

Cash, Cash Equivalents, and Restricted Cash at the End of the Period %Chg

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Cash and Cash Equivalents

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Restricted Cash

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Total Cash, Cash Equivalents, and Restricted Cash

Total Cash, Cash Equivalents, and Restricted Cash %Chg

Total Cash, Cash Equivalents, and Restricted Cash Common Size

Depreciation & Amortization

Depreciation & Amortization %Chg

Depreciation & Amortization Common Size

Stock Based Compensation

Stock Based Compensation %Chg

Stock Based Compensation Common Size

Changes in Trade Receivables

Changes in Trade Receivables %Chg

Changes in Trade Receivables Common Size

Changes in Accounts Payable

Changes in Accounts Payable %Chg

Changes in Accounts Payable Common Size

Changes in Accrued Expenses

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Changes in Accrued Expenses Common Size

Changes in Other Operating Activities

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Changes in Other Operating Activities Common Size

Cash from Operating Activities

Cash from Operating Activities %Chg

Cash from Operating Activities Common Size

Capital Expenditure

Capital Expenditure %Chg

Capital Expenditure Common Size

Purchases of Investments

Purchases of Investments %Chg

Purchases of Investments Common Size

Proceeds from Sale of Investments

Proceeds from Sale of Investments %Chg

Proceeds from Sale of Investments Common Size

Payments for Business Acquisitions

Payments for Business Acquisitions %Chg

Payments for Business Acquisitions Common Size

Cash from Investing Activities

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Financing Activities	LTM	Dec '24
Issuance of Common Shares	46.5	689
Proceeds from Issuance of Class a Common Stock in Initial Public Offering, Net of Underwriting Discounts and Commissions
Proceeds from Exercise of Employee Stock Options
Repurchases of Common Shares	-107	-294.6
Taxes Paid Related to Net Share Settlement of Restricted Stock Units
Net Issuance / (Repurchases) of Common Shares	-60.4	394.4
Other Financing Activities	-0.3	-14.9
Payments of Initial Public Offering Costs
Payments of Deferred Consideration and Holdbacks for Acquisitions
Other Financing Activities
Cash from Financing Activities	-62.2	379.5
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Dec '24
Free Cash Flow	509.7	215.8
NOPAT	267.1	-559.5
Levered Free Cash Flow	399.4	-438.1
Unlevered Free Cash Flow	317.4	-513.3
Net Change in Cash	395.7	160.9

Operating Activities	LTM	Dec '24
Net Income	349.2	-484.3
Net Income
Depreciation & Amortization	16	15.6
Depreciation and Amortization
Stock Based Compensation	343.1	801.6
Stock-Based Compensation Expense
Other Adjustments	-28.8	-43.5
Non-Cash Operating Lease Cost
Amortization of Premium (Accretion of Discount) on Marketable Securities, Net
Other Adjustments
Changes in Trade Receivables	-204.1	-104.3
Accounts Receivable
Changes in Accounts Payable	9.9	-0.6
Accounts Payable
Changes in Accrued Expenses	65.1	59.3
Accrued Expenses and Other Liabilities
Changes in Other Operating Activities	-36.3	-21.9
Prepaid Expenses and Other Assets
Operating Lease Right-of-Use Assets and Liabilities
Cash from Operating Activities	514.1	222.1
Net Cash Provided by Operating Activities

Investing Activities	LTM	Dec '24
Capital Expenditure	-4.4	-6.2
Purchases of Property and Equipment
Purchases of Investments	-2,176.4	-1,996.7
Purchases of Marketable Securities
Proceeds from Sale of Investments	2,123.7	1,573.6
Maturities of Marketable Securities
Proceeds from Sale of Marketable Securities
Payments for Business Acquisitions	—	-17.1
Cash Paid for Acquisitions, Net of Cash Acquired
Other Investing Activities	-5.9	5.8
Proceeds from Sale of Cryptocurrency
Other Investing Activities
Cash from Investing Activities	-56.2	-440.7
Net Cash Provided by Investing Activities