U.S. DAUs

International DAUs

Global DAUs

% change DAUs

U.S. WAUs

International WAUs

Global WAUs

% change WAUs

U.S. ARPU

International ARPU

Global ARPU

Revenue segments as reported by the company.

U.S.

International

Total Revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Sales and marketing

General and administrative

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Reddit Inc

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Reddit Inc (RDDT) posts stellar Q2 results, eyes global expansion

Reddit Inc (RDDT) reported a robust Q2 performance marked by significant user and revenue growth, driven by international expansion and product enhancements. The company's focus on data licensing revenue and AI-driven ad optimization showcased its commitment to innovation. While Reddit faces challenges in a competitive landscape, opportunities lie in expanding advertising strategies, improving user experience, and further international expansion.

Reddit achieves profitability and global growth, eyes new revenue streams

Reddit's Q3 performance reflects strong revenue growth, profitability, and international expansion, driven by investments in ad tech and user experience.
While challenges lie in sustaining growth and balancing innovation with user experience, opportunities in global expansion and new revenue streams are abundant.
With a focus on scaling profitably and enhancing ad solutions, Reddit is well-positioned to capitalize on its strengths and navigate industry challenges for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.

Reddit is going public. Read about how the founders went from idea to IPO in the Public app.

2005: Reddit is founded by Steve Huffman and Alexis Ohanian. The duo are brought into the Y-combinator startup accelerator and raise $100,000 in funding.



2006: Huffman & Ohanian sell Reddit to Condé Nast for $10 million.

2008: Reddit introduces subreddits.

2011: Condé Nast turns Reddit into an independent entity to bring startup culture back to the business.



March 2012: Former Facebook executive Yishan Wong becomes Reddit CEO. 


2012: Barack Obama hosts an Ask Me Anything (AMA) town hall on Reddit.


September 2014: Reddit raises $50 million. High-profile investors include Sam Altman, Peter Thiel, Jared Leto, Josh Kushner, and Snoop Dogg.

November 2014: Wong resigns and Ellen Pao takes the CEO position.

2014: Alex Ohanian returns as executive chairman.

July 2015: Pao resigns after facing backlash from the Reddit community over her firing of the platform’s director of talent, who managed the popular AMA feature. Co-founder Steve Huffman returns as CEO.


2019: Reddit receives $150 million investment from Chinese tech giant Tencent. The deal sparks controversy over China’s anti free speech policies. 

June 2020: Ohanian resigns as executive chairman and recommends Reddit fill the position with a diverse candidate.


February 2024: Reddit Files for IPO.

March 2024: Reddit goes public.

-Techcrunch
-The Guardian
-CNBC
-The Verge
-CNET
-Forbes
-Reddit S-1
 
*This content is for educational purposes and is not investment advice. 

2005: Reddit is founded by Steve Huffman and Alexis Ohanian. The duo are brought into the Y Combinator startup accelerator and raise $100,000 in funding.


2006: Huffman & Ohanian sell Reddit to Condé Nast for $10 million.

2008: Reddit introduces subreddits.

2011: Condé Nast turns Reddit into an independent entity to bring startup culture back to the business.


March 2012: Former Facebook executive Yishan Wong becomes CEO of Reddit. 



August 2012: Barack Obama hosts an Ask Me Anything (AMA) town hall on Reddit.

September 2014: Reddit raises $50 million. High-profile investors include Sam Altman, Peter Thiel, Jared Leto, Josh Kushner, and Snoop Dogg.

November 2014: Wong resigns and Ellen Pao takes the CEO position.

2014: Alex Ohanian returns as executive chairman.

2019: Reddit receives $150 million investment from Chinese tech giant Tencent. The deal sparks controversy over China’s anti free speech policies. 


June 2020: Ohanian resigns as executive chairman and recommends Reddit fill the position with a diverse candidate.

2021: Wall Street Bets brings forth a short squeeze campaign to help rally GameStop shares.

2023: Reddit raises data (API) prices due to increased demand from AI firms looking to train Large Language Models. Thousands of subreddits go offline in protest to rising API costs.

March 2024: Reddit goes public on the New York Stock Exchange.

The Reddit Inc. (NYSE: RDDT) initial public offering was five trading days ago.

Reddit Stock's Wild Swings

The social networking stock's valuation soared after its recent IPO. Artificial intelligence (AI) could be playing a role in Reddit's hot start.

Up 35% After Its IPO, Is Reddit the Next Red-Hot Artificial Intelligence Stock?

Pinterest

Have you heard the current debates surrounding TikTok and X? It's easy to see the huge influence that social media exerts on society.

3 Strong Buy Social Media Stocks to Add to Your Q2 Must-Watch List

ARM Holdings PLC

Several exciting IPOs have emerged over the last year, reflecting renewed confidence in the investment landscape overall. 2021 was a record year for IPOs, although the trend has slowed considerably since.

Are These Recent IPOs Worth Investors' Attention?

Reddit shares are plummeting after experiencing a rally after the social messaging company's IPO last week.

Reddit shares on a two-day tumble after post-IPO high

Last week brought the biggest trading debut of the year when Reddit (NYSE: RDDT ) launched its initial public offering (IPO). Of course, after a failed attempt to go public in 2021, the social media company already had many eyes on its 2024 debut.

Short Sellers Are Betting Against Reddit (RDDT) Stock in Big Numbers

A bulging pipeline of IPOs are registered, ready to go, and closely watching Reddit's performance. Here are the concerns.

IPO Stocks: Will Reddit Unplug The Bulging U.S. IPO Pipeline?

Reddit (NYSE: RDDT ) stock is a global social media company founded in 2005, that provides an online platform for people to discuss various topics. RDDT stock went public last week at a share price of $47, which increased by 30% to $59.8 just this Monday.

Reddit's IPO Roller Coaster: Pump the Brakes on RDDT Stock

Autoliv

AppLovin Corp

Aptiv Holdings Ltd

Broadcom

Bank of America

Bill.com

Bank of New York Mellon

Booking Hlds

Canopy Growth

Trump Media & Technology Group Corp

DocuSign

Electronic Arts

GameStop

Home Depot

Intel

Keysight

Marvell Technology

MicroStrategy Incorporated

NetApp

NVIDIA

Okta

That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.

It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.

Just a week after Reddit (NYSE: RDDT) went public, it appears that its executives are capitalizing on the opportunity to sell shares for profit. On March 25 alone, over $40 million worth of shares were sold.

Monster insider trade alert for Reddit stock just days after IPO

Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering.

Reddit Insiders Selling Days After IPO; Shares Fall Late

Coinbase

CrowdStrike

Overvalued stocks can be quite ruinous for portfolios. Even solid companies with high valuations can come crashing down if they don't meet lofty expectations or if the market's confidence wanes.

3 Absurdly Expensive Stocks to Sell Now Before It's Too Late

Reddit stock's stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading, data from analytics company Ortex on Wednesday showed.

Short sellers target Reddit shares as stock slips

Super Micro Computer

The stock market remains at an all-time high. However, many analysts and market observers are starting to question aloud how much longer the current rally can last?

3 Tech Stocks to Sell ASAP Before the Bubble Bursts

Reddit (NYSE: RDDT ) stock is a hot topic on Wednesday following a warning from Hedgeye analyst Andrew Freedman about the social media company's shares. The Hedgeye analyst is warning clients that RDDT stock is going to see a major dip following its massive rally after recently going public.

Hedgeye Warns That Reddit (RDDT) Stock Will Fall 50%

With a note published on March 26, New Street became one of the first firms to initiate coverage on Reddit stock. New Street assigned a neutral rating and a price target of $54 per share on the stock.

Reddit Stock Is Headed 17% Lower, According to 1 Wall Street Analyst Firm

To those with short memories, Reddit's successful initial public offering kindles worries that the U.S. stock market is entering a period of irrational exuberance like it did in the summer and fall of 2022.

Reddit IPO is telling stock investors what they should know about the market now

Reddit makes most of its money from advertising, but it's growing its business in data licensing. The company expects to bring in $66.4 million in revenue from data licensing this year.

Is Reddit the Next Big AI Stock? Here's Why I'm Skeptical

A "successful" IPO doesn't mean the stock will go up forever.

3 Things You Have to Know About Reddit's IPO

Snap

The newly public company tied to former President Donald Trump's Truth Social platform isn't the only social media stock rallying, as shares of the handful of other public social media companies are also on a hot streak.

Not Just Trump Media: These Social Media Stocks Are Also Red Hot

Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.

Reddit investors shrug off hold rating, bid up stock another 15% as post-IPO rally continues

Shares of Reddit (NYSE: RDDT ) are continuing their hot streak and are up by over 10% today. RDDT stock has now almost doubled from its initial public offering (IPO) price of $34.

5 Investors Betting Big on Reddit (RDDT) Stock

Reddit (NYSE: RDDT ) is defying expectations, surging appreciably post-IPO and retaining its momentum even as options traders prep for next week's options launch. IPOs tended to stagnate over the past few years, with pandemic-era SPACs assuming the role of investment bankers in bringing companies public.

3 Hot IPOs to Watch After Reddit's Impressive Stock Market Debut

The Reddit (NYSE: RDDT ) initial public offering (IPO) has been extremely successful so far. Shares of RDDT were priced at $34, the higher end of the targeted $31 to $34 range.

New Street Analysts Just Set a $54 Price Target on Reddit (RDDT) Stock

Reddit Inc (NYSE: RDDT) is a fairly risky investment now that its trading at double the price at which it IPO-ed, as per a New Street Research analyst. Reddit stock could tank to $54 Dan Salmon assumed coverage of $RDDT this morning with a “neutral” rating.

News for Reddit Inc Stock (RDDT)