Reddit revenue and financials
$148.95Change from previous close: −0.98%Absolute change: −$1.47
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 262 | 312 | 267 | 185 | 111 | 128 | 90.0 | 71.6 | 28.4 | 32.1 | -17.4 | -7.7 |
| Depreciation and amortization | 4.3 | 4.2 | 4.2 | 3.9 | 3.9 | 4.0 | 4.2 | 4.0 | 3.8 | 3.7 | 3.8 | 3.3 |
| Capital expenditure | -1.1 | -1.1 | -3.2 | -2.1 | -0.5 | -1.0 | -0.8 | -1.4 | -1.2 | -2.9 | -4.6 | -3.9 |
| Investing cash flow | 94.7 | 125 | -206 | 16.5 | -2.1 | -27.5 | -43.1 | 7.9 | -520 | 114 | -18.4 | 2.6 |
| Financing cash flow | -244 | -16.3 | -19.1 | -24.1 | -10.9 | -26.5 | -0.7 | -31.6 | -9.3 | 421 | 2.7 | -0.2 |
| Share repurchases | -249 | -21.2 | -23.5 | -28.6 | -15.2 | -36.7 | -26.5 | -65.8 | -7.6 | -195 | -0.1 | — |
| Net change in cash | 112 | 421 | 41.9 | 178 | 98.3 | 73.6 | 46.2 | 47.9 | -501 | 567 | -33.1 | -5.4 |
| Free cash flow | 261 | 311 | 264 | 183 | 111 | 127 | 89.2 | 70.3 | 27.2 | 29.2 | -22.0 | -11.6 |
| Levered free cash flow | 180 | 224 | 158 | 115 | 66.2 | 106 | 57.8 | 60.2 | 17.5 | 249 | -35.1 | — |