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, California
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Shares

Label TTM Value / Value Unit Change %
Weighted Average Number of Shares Outstanding, Basic 164M shares +181%
Weighted Average Number of Shares Outstanding, Diluted 164M shares +181%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 281M USD +53.6%
Research and Development Expense 143M USD +30.1%
Selling and Marketing Expense 71.5M USD +20.7%
General and Administrative Expense 68.5M USD +79.1%
Costs and Expenses 312M USD +32.3%
Operating Income (Loss) -31M USD +41.4%
Nonoperating Income (Expense) 20.7M USD +55.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.3M USD +74%
Income Tax Expense (Benefit) -216K USD -115%
Net Income (Loss) Attributable to Parent -10.1M USD +75.4%
Earnings Per Share, Basic -0.06 USD/shares +91.4%
Earnings Per Share, Diluted -0.06 USD/shares +91.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 468M USD +6.43%
Accounts Receivable, after Allowance for Credit Loss, Current 240M USD
Other Assets, Current 2.23M USD
Assets, Current 1.98B USD
Property, Plant and Equipment, Net 14.2M USD
Operating Lease, Right-of-Use Asset 25.1M USD
Intangible Assets, Net (Excluding Goodwill) 27.8M USD
Goodwill 26.3M USD
Other Assets, Noncurrent 2.27M USD
Assets 2.08B USD
Accounts Payable, Current 64.3M USD
Employee-related Liabilities, Current 41.6M USD
Accrued Liabilities, Current 89.8M USD
Contract with Customer, Liability, Current 9.64M USD
Liabilities, Current 160M USD
Operating Lease, Liability, Noncurrent 22.8M USD
Other Liabilities, Noncurrent 255K USD
Liabilities 183M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -1M USD
Retained Earnings (Accumulated Deficit) -1.3B USD
Stockholders' Equity Attributable to Parent 1.89B USD
Liabilities and Equity 2.08B USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 28.4M USD
Net Cash Provided by (Used in) Financing Activities -9.31M USD -2888%
Net Cash Provided by (Used in) Investing Activities -520M USD -1529%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -501M USD -485%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 468M USD +6.43%
Depreciation 1.6M USD +45.5%
Payments to Acquire Property, Plant, and Equipment 1.2M USD +44.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -10.6M USD +74.5%
Property, Plant and Equipment, Gross 23.4M USD
Operating Lease, Liability, Current 5.37M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares
Additional Paid in Capital 3.2B USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.2M USD -4.35%
Depreciation, Depletion and Amortization 3.77M USD +13.5%
Share-based Payment Arrangement, Expense 64.3M USD +536%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares