Reddit revenue and financials
$151.61Change from previous close: +2.54%Absolute change: +$3.75
In the fiscal year ended December 2025, Reddit reported revenue of $2.2B (+69.40% year over year). Net income was $529.72M, a net margin of 24.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +69.40%
- 2025 vs 2024
- Net margin
- 24.1%
- 2024: -37.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | 2,203 | 1,300 | 804 | 667 |
| Cost of revenue | 194 | 124 | 111 | 105 |
| Gross profit | 2,008 | 1,177 | 693 | 562 |
| Selling, general and administrative | 783 | 802 | 395 | 369 |
| Research and development | 783 | 935 | 438 | 365 |
| Operating income | 442 | -561 | -140 | -172 |
| EBIT | 442 | -561 | -140 | -172 |
| EBITDA | 458 | -545 | -126 | -164 |
| Pre-tax income | 529 | -485 | -87.0 | -158 |
| Income tax | -1.0 | -0.9 | 3.8 | 0.6 |
| Net income | 530 | -484 | -90.8 | -159 |
| Net income to common shareholders | 530 | -484 | -90.8 | -159 |
| Basic EPS | 2.84 | -3.33 | -0.57 | -1.07 |
| Diluted EPS | 2.62 | -3.33 | -0.57 | -1.07 |
| Average shares (basic) | 186 | 145 | 159 | 148 |
| Average shares (diluted) | 202 | 145 | 159 | 148 |