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.

Revenue

Revenue %Chg

Revenue Common Size

Cost of Revenue

Cost of Revenue %Chg

Cost of Revenue Common Size

Research and Development

Research and Development %Chg

Research and Development Common Size

Sales and Marketing

Sales and Marketing %Chg

Sales and Marketing Common Size

General and Administrative

General and Administrative %Chg

General and Administrative Common Size

Total Costs and Expenses

Total Costs and Expenses %Chg

Total Costs and Expenses Common Size

Income from Operations

Income from Operations %Chg

Income from Operations Common Size

Other Income, Net

Other Income, Net %Chg

Other Income, Net Common Size

Income Before Income Taxes

Income Before Income Taxes %Chg

Income Before Income Taxes Common Size

Income Tax Expense

Income Tax Expense %Chg

Income Tax Expense Common Size

Net Income

Net Income %Chg

Net Income Common Size

Basic

Basic %Chg

Basic Common Size

Diluted

Diluted %Chg

Diluted Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Research & Development Expenses

Research & Development Expenses %Chg

Research & Development Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Consolidated Net Income

Consolidated Net Income %Chg

Consolidated Net Income Common Size

Net Income Attributable to Common Shareholders

Net Income Attributable to Common Shareholders %Chg

Net Income Attributable to Common Shareholders Common Size

Basic EPS

Basic EPS %Chg

Basic EPS Common Size

Diluted EPS

Diluted EPS %Chg

Diluted EPS Common Size

Basic Weighted Average Shares Outstanding

Basic Weighted Average Shares Outstanding %Chg

Basic Weighted Average Shares Outstanding Common Size

Total Shares Outstanding

Total Shares Outstanding %Chg

Total Shares Outstanding Common Size

Diluted Weighted Average Shares Outstanding

Diluted Weighted Average Shares Outstanding %Chg

Diluted Weighted Average Shares Outstanding Common Size

EBITDA

EBITDA %Chg

EBITDA Common Size

Effective Tax Rate

Effective Tax Rate %Chg

Effective Tax Rate Common Size

EBIT

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	LTM	Dec '24
Total Revenues	1,904.6	1,300.2
Total Revenues %Chg	69.7%	61.7%
Revenue
Cost of Sales	167.3	123.6
Cost of Revenue
Gross Profit	1,737.3	1,176.6
Gross Profit Margin	91.2%	90.5%
Selling, General & Administrative Expenses	701.3	802
Sales and Marketing
General and Administrative
Research & Development Expenses	772.9	935.2
Research and Development
Operating Profit	263	-560.6
Operating Margin	13.8%	-43.1%
Non-Operating Income	80.8	75.4
Other Income, Net
Total Non-Operating Income	80.8	75.4
Income Before Provision for Income Taxes	343.9	-485.2
Provision for Income Taxes	-5.3	-0.9
Income Tax Expense
Consolidated Net Income	349.2	-484.3
Net Income Attributable to Common Shareholders	349.2	-484.3
Net Income
Basic EPS	1.9	-3.3
Diluted EPS	1.7	-3.3
Basic Weighted Average Shares Outstanding	183.2	145.5
Total Shares Outstanding	189.5	180.3
Diluted Weighted Average Shares Outstanding	200.6	145.5
EBITDA	279	-544.9
Effective Tax Rate	-1.5%	0.2%