Reddit, Inc.
About Reddit, Inc.
Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue primarily through advertising and data licensing agreements.
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Financial summary
- Revenue FY2025
- $2.2B
- Net income
- $529.7M
- Total assets
- $3.2B
- Market cap
- $33.4B
- Gross margin
- 91.2%
- Operating margin
- 20.1%
- Net margin
- 24.1%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $2.2B
- Cost of revenue
- $194.2M
- Gross profit
- $2.0B
- Operating expenses
- $1.6B
- Operating income
- $442.0M
- Income tax
- -$1.0M
- Net income
- $529.7M
- EPS (basic)
- $2.84
- EPS (diluted)
- $2.62
Balance sheet
- Total assets
- $3.2B
- Current assets
- $3.1B
- Total liabilities
- $310.1M
- Current liabilities
- $271.3M
- Shareholders’ equity
- $2.9B
Cash flow
- Operating cash flow
- $690.9M
- Investing cash flow
- -$218.9M
- Financing cash flow
- -$80.6M
- Net cash flow
- $391.4M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $33.4B
- P/E ratio
- 65.3
- EPS (diluted)
- $2.62
- Shares outstanding
- 195.1M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Mar 21, 2024
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $529.7M in FY2025.
- Revenue grew 69% from FY2024 to FY2025.
- Gross margin of 91.2%, net margin 24.1%.
- Trading 37% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 65.3.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Reddit, Inc.
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