Reddit, Inc. (RDDT)

Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. Reddit, Inc. was founded in 2005 and is headquartered in San Francisco, California.

Ticker
RDDT
Exchange
NYSE
Sector
Communication Services
Industry
Internet Content & Information
Market cap
$18.36B
52-week range
$89.28 - $263.50

Valuation

Share price
$95.10 (close of Nov 6, 2026)
P/E (TTM)
18.29x
Price to book
5.13x
Price to free cash flow
15.33x
Enterprise value
$15.36B
Book value per share
$18.55

Price performance

PeriodChange
1 day+1.38%
5 days+3.67%
1 month-36.15%
3 months-36.97%
6 months-42.90%
Year to date-58.63%
1 year-48.21%
All time+88.54%

Short interest

As of
Oct 15, 2026
Short % of float
14.81%
Shares short
21.60M
Days to cover
5.14
Change since prior report
-2.30%
Source
FINRA consolidated short interest

Members of Congress who disclosed RDDT trades

Robert Bresnahan

Super investors holding RDDT

Philippe Laffont (Coatue Management) · Chase Coleman (Tiger Global Management) · Andreas Halvorsen (Viking Global Investors) · Ray Dalio (Bridgewater Associates) · Stanley Druckenmiller (Duquesne Family Office) · Ken Griffin (Citadel) · George Soros (Soros Fund Mgmt)

Profitability and growth

Return on equity
18.09%
Return on invested capital
14.97%
Return on assets
16.35%
Return on capital employed
14.89%
Gross margin
91.18%
Net margin
24.05%
EBITDA margin
20.79%
Revenue growth
69.40%
Free cash flow growth
217.01%

Cash flow and balance sheet

Free cash flow yield (TTM)
6.52%
Current ratio
10.80x
Net debt to EBITDA
-3.25x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.20B
Cost of revenue
$194.22M
Gross profit
$2.01B
EBITDA
$457.93M
Net income
$529.72M
Earnings per share
$2.84
Research and development
$783.14M
Shares outstanding
186.38M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.20B$2.01B$529.72M$2.84
2024-12-31$1.30B$1.18B-$484.28M-$3.33
2023-12-31$804.03M$693.02M-$90.82M-$1.54
2022-12-31$666.70M$561.90M-$158.55M-$2.77
2021-12-31$484.92M$412.35M-$127.90M-
2020-12-31$228.91M$173.88M-$59.17M-

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3191.18%24.05%18.09%14.97%
2024-12-3190.49%-37.25%-22.73%-25.94%
2023-12-3186.19%-11.30%--
2022-12-3184.28%-23.78%-10.75%-11.52%
2021-12-3185.04%-26.37%-8.16%-8.05%
2020-12-3175.96%-25.85%-12.89%-13.06%

Cash and debt by year

Period endCash
2025-12-31$2.48B
2024-12-31$1.84B
2023-12-31$1.21B
2022-12-31$1.27B
2021-12-31$1.41B
2020-12-31$362.64M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$684.17M$343.18M
2024-12-31$215.82M$801.65M
2023-12-31-$84.84M$47.60M
2022-12-31-$100.25M$55.31M
2021-12-31-$132.49M$149.87M
2020-12-31-$64.89M$21.25M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-29Sep 2026$1.31
2026-07-30Jun 2026$0.99
2026-04-30Mar 2026$0.62
2026-02-05Dec 2025$0.96
2025-10-30Sep 2025$0.53
2025-07-31Jun 2025$0.20
2025-05-01Mar 2025$0.02
2025-02-12Dec 2024$0.25

Filings and sources

Company website
redditinc.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Match Group, Inc. (MTCH) · Nebius Group N.V. (NBIS) · Spotify Technology S.A. (SPOT) · Meta Platforms, Inc. (META) · Alphabet Inc. (GOOG) · Alphabet Inc. (GOOGL) · AppLovin Corp (APP) · Omnicom Group Inc. (OMC)

All Communication Services companies

Understanding these figures

Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades