RDDT
Income statement / Annual
Last year (2024), Reddit, Inc.'s total revenue was $1.30 B,
an increase of 61.71% from the previous year.
In 2024, Reddit, Inc.'s net income was -$484.28 M.
See Reddit, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$1.30 B |
$804.03 M |
$666.70 M |
$484.92 M |
$228.91 M |
| Cost of Revenue |
$123.60 M
|
$111.01 M
|
$104.80 M
|
$72.57 M
|
$55.03 M
|
| Gross Profit |
$1.18 B
|
$693.02 M
|
$561.90 M
|
$412.35 M
|
$173.88 M
|
| Gross Profit Ratio |
0.91
|
0.86
|
0.84
|
0.85
|
0.76
|
| Research and Development Expenses |
$935.15 M
|
$438.35 M
|
$365.16 M
|
$257.27 M
|
$117.53 M
|
| General & Administrative Expenses |
$451.45 M
|
$164.66 M
|
$143.82 M
|
$144.72 M
|
$43.52 M
|
| Selling & Marketing Expenses |
$350.58 M
|
$230.18 M
|
$225.08 M
|
$137.87 M
|
$75.40 M
|
| Selling, General & Administrative Expenses |
$802.03 M
|
$394.83 M
|
$368.90 M
|
$282.59 M
|
$118.91 M
|
| Other Expenses |
$0.00
|
$0.00
|
$14.23 M
|
-$343,000.00
|
$3.49 M
|
| Operating Expenses |
$1.74 B
|
$833.18 M
|
$719.83 M
|
$539.91 M
|
$232.95 M
|
| Cost And Expenses |
$1.86 B
|
$944.19 M
|
$824.63 M
|
$612.47 M
|
$287.98 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$13.70 M
|
$8.00 M
|
$2.81 M
|
$1.93 M
|
| EBITDA |
-$560.57 M |
-$126.46 M |
-$164.16 M |
-$124.40 M |
-$60.62 M |
| EBITDA Ratio |
-0.43
|
-0.16
|
-0.25
|
-0.26
|
-0.26
|
| Operating Income Ratio |
-0.43
|
-0.17
|
-0.26
|
-0.26
|
-0.27
|
| Total Other Income/Expenses Net |
$75.36 M
|
$53.14 M
|
$14.23 M
|
-$343,000.00
|
$3.49 M
|
| Income Before Tax |
-$485.21 M
|
-$87.02 M
|
-$157.93 M
|
-$127.56 M
|
-$59.07 M
|
| Income Before Tax Ratio |
-0.37
|
-0.11
|
-0.24
|
-0.26
|
-0.26
|
| Income Tax Expense |
-$931,000.00
|
$3.80 M
|
$622,000.00
|
$340,000.00
|
$102,000.00
|
| Net Income |
-$484.28 M
|
-$90.82 M
|
-$158.55 M
|
-$127.90 M
|
-$59.17 M
|
| Net Income Ratio |
-0.37
|
-0.11
|
-0.24
|
-0.26
|
-0.26
|
| EPS |
-3.33 |
-1.54 |
-2.77 |
-2.47 |
-1.23 |
| EPS Diluted |
-3.33 |
-1.54 |
-2.77 |
-2.47 |
-1.23 |
| Weighted Average Shares Out |
$145.47 M
|
$59.14 M
|
$57.25 M
|
$51.69 M
|
$48.26 M
|
| Weighted Average Shares Out Diluted |
$145.47 M
|
$59.14 M
|
$57.25 M
|
$51.69 M
|
$48.26 M
|
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