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.

Reddit Inc. RDDT has turned heads this year, boasting a 167% gain year-to-date, with recent months showing an even steeper climb.

Reddit Stock Soars 167% Year-To-Date, Unshaken By Exec Sell-Offs

Michael Seibel, a director at Reddit, Inc. (NYSE: RDDT), recently sold a substantial portion of his holdings, as disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).

Monster insider trading alert for Reddit stock

Reddit Inc RDDT has turned the tables on Snap Inc SNAP in social media rankings, climbing 12% on Election Day to reach a market cap of $21.5 billion, ahead of Snap's $20.4 billion.

Reddit Overtakes Snap In Market Value After Election Day Rally

In the highly saturated yet competitive social media market, Reddit (NYSE: RDDT) stands out. The platform, which aligns more closely with the style of an old-school forum, had its long-anticipated initial public offering (IPO) on March 21.

Reddit stock hit by major insider trading activity

One of the biggest market debuts of 2024 is also one of its biggest gainers.

This Hot IPO Can Double Again in 2025

Shares of Reddit NYSE: RDDT, the well-known social media giant, surged by as much as 50% last week following a stellar Q3 earnings report that sent the stock to new all-time highs. After pulling back briefly from highs on Thursday, the stock closed the week at $112.98, up an impressive 38.8% on the week, compared to the overall market's negative 1.38% weekly performance.

Reddit Surges After Earnings Beat: Time to Buy?

The social media stock skyrocketed after a breakthrough earnings report.

Reddit Is Soaring. Is It Too Late to Buy the AI Stock?

Carvana

Brinker International

The stock market is a complex and ever-changing ecosystem where prices fluctuate in response to multiple factors. Company earnings, economic data, investor sentiment, and geopolitical events all play a significant role in shaping the market's trajectory, often leading to a dynamic and volatile interplay of positive and negative stock price movements.

October's Market Winners: A Look at the Top Performers

Reddit stock soared this past week, hitting record highs after the company reported its first profitable quarter as a public company. The post Reddit Stock Soars To Record Highs On First Profitable Quarter As Public Company appeared first on Investor's Business Daily.

Reddit Stock Soars To Record Highs On First Profitable Quarter As Public Company

Reddit stock soars on earnings — Don Vandenbord explains what factors Wall Street may have missed and how to notice them in the future. The post Why Wall Street Missed Signs Of Reddit Stock's 58% Climb appeared first on Investor's Business Daily.

Why Wall Street Missed Signs Of Reddit Stock's 58% Climb

Reddit stock is having the best day in its short history after the social media platform announced third-quarter 2024 results yesterday that were better than most analysts expected. Investors are rewarding the company.

Reddit stock price: 3 reasons why RDDT is soaring to all-time highs

Reddit has turned a profit for the first time as a public company.

Reddit's explosive user growth and AI tools help it soar to its first profit as a public company

Reddit stock zoomed 42% Wednesday after the tech firm posted a surprise quarterly profit, its first since going public last March. Shares finished at $116.

Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner

Soaring to new highs, Reddit's (RDDT) stock has spiked more than +30% today after crushing its third-quarter expectations after market hours on Tuesday.

Is Reddit's (RDDT) Stock at an Inflection Point After Strong Q3 Results?

Reddit's proceeds from the crypto sale were $6.9 million during the quarter, according to a filing.

Reddit has sold most of its cryptocurrency portfolio

Analysts at Bank of America have raised their price target for Reddit (NYSE:RDDT) after the social media platform delivered a strong third quarter earnings report and upbeat outlook. The analysts raised their price objective to $99 from $84 on its upwardly revised forward estimates which reflect higher ad revenue offset by slightly lower data revenue.

Reddit ad business momentum sees Bank of America analysts lift price target

RDDT's third-quarter 2024 results benefit from strong user growth, higher ARPU and AI-powered services.

Can Reddit's Solid Q3 Earnings & Revenue Beat Drive the Stock?

What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter.

Why Reddit Stock Is Surging Today

Reddit reported an increase in third-quarter revenue that exceeded analyst expectations, sending the social media company's stock soaring Wednesday toward its best day since going public in March, as analysts say the firm is benefitting from new search algorithms and other licensing deals.

Reddit Stock Surges Nearly 40% Toward Best Day Ever After Revenue Beats Estimates

Reddit stock is soaring Wednesday after the social media firm's blowout earnings report and upbeat guidance and analysts are rushing to raise price targets.

Why Reddit Stock's an Even Bigger Buy After Earnings

Reddit (RDDT) shares are surging Wednesday after the social media firm posted its first quarterly profit as a public company with higher-than-estimated results and a rosy fourth-quarter outlook.

Reddit Stock Jumps 40% on Surprise Profit, Buoyant Outlook

Reddit's Q3 results exceeded expectations, with revenue up 68% y/y and DAUs growing 47% y/y, driving shares up 20% post-earnings. The company has particular advantages and potential in international markets, where machine translation has proven successful in France and Spain. It's planning to roll out local language translation to over 30 countries through 2025. With international representing less than 20% of current revenue, this is a major near-term growth driver.

Reddit: Astronomical Rally Potential As This Company Expands Beyond English

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue

Reddit shares soar after company turns first-ever profit

Snap

Shares of social-media companies Reddit Inc (NYSE:RDDT) and Snap Inc (NYSE:SNAP) are surging today after earnings.

2 Social Media Stocks Surging After Earnings

Reddit shares popped Wednesday, one day after it reported third-quarter results that beat Wall Street's expectations. The company reported revenue of $348.4 million, up 68% from a year earlier.

News for Reddit Inc Stock (RDDT)