Reddit, Inc. financial data

Symbol
RDDT on NYSE
Industry
Services-Computer Processing & Data Preparation
Location
303 2 Nd Street, South Tower, 5 Th Floor, San Francisco, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.2K %
Debt-to-equity 13.4 %

Shares

Label TTM Value / Value Unit Change %
Weighted Average Number of Shares Outstanding, Basic 169M shares +187%
Weighted Average Number of Shares Outstanding, Diluted 192M shares +227%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 348M USD +67.9%
Research and Development Expense 167M USD +53.9%
Selling and Marketing Expense 74.5M USD +35.2%
General and Administrative Expense 65.7M USD +76%
Costs and Expenses 341M USD +50.4%
Operating Income (Loss) 6.85M USD
Nonoperating Income (Expense) 23M USD +81.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 29.8M USD
Income Tax Expense (Benefit) -31K USD -107%
Net Income (Loss) Attributable to Parent 29.9M USD
Earnings Per Share, Basic 0.18 USD/shares
Earnings Per Share, Diluted 0.16 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 516M USD +18.8%
Accounts Receivable, after Allowance for Credit Loss, Current 284M USD
Other Assets, Current 2.52M USD
Assets, Current 2.06B USD
Property, Plant and Equipment, Net 13.8M USD
Operating Lease, Right-of-Use Asset 23.9M USD
Intangible Assets, Net (Excluding Goodwill) 27.9M USD
Goodwill 42.2M USD
Other Assets, Noncurrent 3.15M USD
Assets 2.17B USD
Accounts Payable, Current 62M USD
Employee-related Liabilities, Current 59.7M USD
Accrued Liabilities, Current 105M USD
Contract with Customer, Liability, Current 12.9M USD
Liabilities, Current 172M USD
Operating Lease, Liability, Noncurrent 21.6M USD
Other Liabilities, Noncurrent 249K USD
Liabilities 194M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax 4.15M USD
Retained Earnings (Accumulated Deficit) -1.27B USD
Stockholders' Equity Attributable to Parent 1.98B USD
Liabilities and Equity 2.17B USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 71.6M USD
Net Cash Provided by (Used in) Financing Activities -31.6M USD -14080%
Net Cash Provided by (Used in) Investing Activities 7.94M USD +208%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 47.9M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 516M USD +18.8%
Depreciation 1.6M USD +45.5%
Payments to Acquire Property, Plant, and Equipment 1.35M USD -65.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 35M USD
Property, Plant and Equipment, Gross 24.5M USD
Operating Lease, Liability, Current 5.4M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares
Additional Paid in Capital 3.25B USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 0 USD
Depreciation, Depletion and Amortization 3.97M USD +20.7%
Share-based Payment Arrangement, Expense 74.8M USD +696%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares