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-K - Q4 2024 - Feb 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.23K %
Debt-to-equity 9.69 %
Return On Equity -24.7 % -219%
Return On Assets -22.5 %
Operating Margin -43.1 % -147%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 10.4B USD
Weighted Average Number of Shares Outstanding, Basic 145M shares +146%
Weighted Average Number of Shares Outstanding, Diluted 145M shares +146%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.3B USD +61.7%
Research and Development Expense 935M USD +113%
Selling and Marketing Expense 351M USD +52.3%
General and Administrative Expense 451M USD +174%
Costs and Expenses 1.86B USD +97.1%
Operating Income (Loss) -561M USD -300%
Nonoperating Income (Expense) 75.4M USD +41.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -485M USD -458%
Income Tax Expense (Benefit) -931K USD -124%
Net Income (Loss) Attributable to Parent -484M USD -433%
Earnings Per Share, Basic -3.33 USD/shares -116%
Earnings Per Share, Diluted -3.33 USD/shares -116%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 562M USD +40.1%
Accounts Receivable, after Allowance for Credit Loss, Current 350M USD +42.5%
Other Assets, Current 2.28M USD +43.4%
Assets, Current 2.22B USD +50.3%
Property, Plant and Equipment, Net 12.7M USD -15.3%
Operating Lease, Right-of-Use Asset 23.2M USD -3.16%
Intangible Assets, Net (Excluding Goodwill) 25.4M USD -20.9%
Goodwill 42.2M USD +60.4%
Other Assets, Noncurrent 9.7M USD -50%
Assets 2.34B USD +46.4%
Accounts Payable, Current 45.4M USD -2.35%
Employee-related Liabilities, Current 63.4M USD +67.1%
Accrued Liabilities, Current 124M USD +49.3%
Contract with Customer, Liability, Current 14.8M USD +104%
Liabilities, Current 176M USD +31.8%
Operating Lease, Liability, Noncurrent 20.6M USD -6.69%
Other Liabilities, Noncurrent 9.26M USD +3125%
Liabilities 206M USD +32%
Accumulated Other Comprehensive Income (Loss), Net of Tax 24K USD -97.1%
Retained Earnings (Accumulated Deficit) -1.2B USD -67.6%
Stockholders' Equity Attributable to Parent 2.13B USD
Liabilities and Equity 2.34B USD +46.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 222M USD
Net Cash Provided by (Used in) Financing Activities 380M USD -126%
Net Cash Provided by (Used in) Investing Activities -441M USD -1167%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 161M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 562M USD +40.1%
Deferred Tax Assets, Valuation Allowance 573M USD +151%
Deferred Tax Assets, Gross 590M USD +145%
Operating Lease, Liability 26.7M USD
Depreciation 1.6M USD +45.5%
Payments to Acquire Property, Plant, and Equipment 6.25M USD -35.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -485M USD -463%
Lessee, Operating Lease, Liability, to be Paid 30.2M USD
Property, Plant and Equipment, Gross 23.8M USD +9.74%
Operating Lease, Liability, Current 6.14M USD +65.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.5M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 7.51M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.46M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.41M USD
Deferred Tax Assets, Operating Loss Carryforwards 150M USD +163%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100M shares
Unrecognized Tax Benefits 43.9M USD +128%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.26M USD
Additional Paid in Capital 3.33B USD +1000%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 9.2M USD +2.22%
Depreciation, Depletion and Amortization 15.6M USD +14.2%
Deferred Tax Assets, Net of Valuation Allowance 17.3M USD +38.1%
Share-based Payment Arrangement, Expense 802M USD +1584%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%