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

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Other Income, Net

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Net Income

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Basic

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Diluted

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Total Revenues

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Cost of Sales

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Operating Profit

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Non-Operating Income

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Consolidated Net Income

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Net Income Attributable to Common Shareholders

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Basic EPS

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Basic Weighted Average Shares Outstanding

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EBITDA

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EBIT

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Assets

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Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	584.9	499.6	392.4	427.7	348.4	281.2
Total Revenues %Chg	67.9%	77.7%	61.5%	71.3%	67.9%	53.6%
Revenue
Cost of Sales	52.5	45.9	37.1	31.8	34.6	29.5
Cost of Revenue
Gross Profit	532.4	453.7	355.3	395.9	313.7	251.7
Gross Profit Margin	91%	90.8%	90.5%	92.6%	90.1%	89.5%
Selling, General & Administrative Expenses	197.5	189.4	160.1	154.3	140.2	139.9
Sales and Marketing
General and Administrative
Research & Development Expenses	196.4	196.6	191.3	188.6	166.7	142.8
Research and Development
Operating Profit	138.5	67.7	3.9	52.9	6.9	-31
Operating Margin	23.7%	13.6%	1%	12.4%	2%	-11%
Non-Operating Income	22	21.1	20.5	17.1	23	20.7
Other Income, Net
Total Non-Operating Income	22	21.1	20.5	17.1	23	20.7
Income Before Provision for Income Taxes	160.6	88.9	24.4	70	29.8	-10.3
Provision for Income Taxes	-2.1	-0.4	-1.7	-1	-0	-0.2
Income Tax Expense
Consolidated Net Income	162.7	89.3	26.2	71	29.9	-10.1
Net Income Attributable to Common Shareholders	162.7	89.3	26.2	71	29.9	-10.1
Net Income
Basic EPS	0.9	0.5	0.1	0.4	0.2	-0.1
Diluted EPS	0.8	0.5	0.1	0.4	0.2	-0.1
Basic Weighted Average Shares Outstanding	188	185.4	182	177.5	169.2	164.4
Total Shares Outstanding	189.4	187.1	184.3	180.3	174.2	165.6
Diluted Weighted Average Shares Outstanding	202.7	199.5	201.3	199.1	192.3	164.4
EBITDA	142.4	71.6	7.9	57	10.8	-27.3
Effective Tax Rate	-1.3%	-0.5%	-7%	-1.5%	-0.1%	2.1%