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Reddit, Inc. (RDDT)

Profile

Full Name

Reddit, Inc.

Ticker

NYSE: RDDT

Exchange

NYSE

Sector

Communication Services

Industry

Internet Content & Information

Country

United States

IPO

March 21, 2024

Indexes

Not included

Website

http://redditinc.com

Employees

2233

Key Details

Price

$156.89(+5.06%)

Market cap

Last Dividend

-

TTM Dividend yield

-

Annual revenue

$1.30B(+61.71% YoY)

Annual EPS

-$3.33(-482.98% YoY)

PE ratio

265.92

Next earnings date

Jul 31, 2025

Next ex-dividend date

N/A

Next split date

N/A

Quick Search

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    Analyst ratings

    Price

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    Current Price

    $156.89
    RDDT price is $156.89

    30-Day Relative Volume

    1.51
    RDDT 30-day relative volume is 1.51

    Price Performance

    Price Today change

    +5.06%
    RDDT price is up +5.06% today

    Price YTD change

    -4.01%
    RDDT price is down -4.01% since January 1st

    Price 1-year change

    +157.83%
    RDDT price is up +157.83% year-on-year

    Price 3-year change

    -
    RDDT price 3-year change is unknown

    Price Range

    Price All-time high

    $230.41
    RDDT price is currently -31.91% below its historical high of $230.41

    Price 3-year low

    $37.35
    RDDT price is currently +320.05% above its 3-year low

    Capitalization

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    Market cap

    Market cap

    $28.95B
    RDDT market capitalization is $28.95 billion

    Market cap 3-year change

    -
    RDDT market capitalization 3-year change is unknown

    Market cap All-time high

    $40.97B
    RDDT market capitalization is currently -29.33% below its historical high of $40.97 billion

    Market cap sector rank

    91.9%
    RDDT market capitalization is higher than 91.9% of companies in Communication Services sector

    Shares Outstanding

    Shares Outstanding 1-Year Change

    +11.4%
    RDDT shares outstanding is up +11.4% year-on-year

    Shares Outstanding 3-Year Change

    -
    RDDT shares outstanding 3-year change is unknown

    Technical Indicators

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    Beta

    2.03
    RDDT beta is 2.03

    200-day SMA

    $137.36
    RDDT price is currently +14.22% above its 200-day simple moving average

    50-day SMA

    $132.07
    RDDT price is currently +18.79% above its 50-day simple moving average

    RSI

    57.56
    RDDT 14-day relative strength index is 57.56

    Volume

    1.51
    RDDT 30-day relative volume is 1.51

    ATR

    $7.48
    RDDT average true range is $7.48

    10-day Historical Volatility

    38.23%
    RDDT 10-day historical volatility is 38.23%

    Dividend

    Income Statement

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    Revenue

    Revenue

    $1.30B
    RDDT annual revenue is $1.30 billion

    Revenue Analysts estimate

    $1.86B
    RDDT annual revenue is currently -29.91% lower than the consensus analysts' forecast

    Revenue 1-year change

    +61.71%
    RDDT annual revenue is up +61.71% year-on-year

    Revenue Sector rank

    63.41%
    RDDT annual revenue is higher than 63.41% of companies in Communication Services sector

    EPS

    EPS

    -$3.33
    RDDT annual earnings per share is -$3.33

    EPS Analysts estimate

    $1.26
    RDDT annual earnings per share is currently -364.56% lower than the consensus analysts' forecast

    EPS 1-year change

    -482.98%
    RDDT annual earnings per share is down -482.98% year-on-year

    EPS Sector rank

    13.73%
    RDDT annual earnings per share is higher than 13.73% of companies in Communication Services sector

    Profit

    Gross profit

    $1.18B
    RDDT annual gross profit is $1.18 billion

    Gross margin

    90.49%
    RDDT annual gross profit margin is 90.49%

    Operating profit

    -$560.57M
    RDDT annual operating income is -$560.57 million

    Operating margin

    -43.11%
    RDDT annual operating profit margin is -43.11%

    Net income

    -$484.28M
    RDDT annual net profit is -$484.28 million

    Net margin

    -37.25%
    RDDT annual net profit margin is -37.25%

    Expenses

    Total expenses

    $1.86B
    RDDT annual total expenses is $1.86 billion

    Operating expenses

    $1.74B
    RDDT annual total operating expenses is $1.74 billion

    Cost of goods sold

    $123.59M
    RDDT annual cost of goods sold is $123.59 million

    Selling, general & administrative expenses

    $802.03M
    RDDT annual SGA is $802.03 million

    Depreciation and amortization

    $15.64M
    RDDT annual depreciation & amortization is $15.64 million

    Interest expense

    -
    RDDT annual interest expense value is unknown

    Income tax

    -$931.00K
    RDDT annual income tax is -$931.00 thousand

    EBIT & EBITDA

    EBIT

    -$560.57M
    RDDT annual earnings before interest & taxes is -$560.57 million

    EBITDA

    -$544.92M
    RDDT annual EBITDA is -$544.92 million

    Balance Sheet

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    Assets

    Total assets

    $2.34B
    RDDT annual total assets is $2.34 billion

    Non current assets

    $113.18M
    RDDT annual long term assets is $113.18 million

    Current assets

    $2.22B
    RDDT annual total current assets is $2.22 billion

    Cash and cash equivalents

    $562.09M
    RDDT annual cash & cash equivalents is $562.09 million

    Accounts receivable

    $349.53M
    RDDT annual accounts receivable is $349.53 million

    Inventory

    -
    RDDT annual inventory value is unknown

    Liabilities

    Total liabilities

    $205.85M
    RDDT annual total liabilities is $205.85 million

    Long term liabilities

    $29.82M
    RDDT annual total long term liabilities is $29.82 million

    Current liabilities

    $176.02M
    RDDT annual total current liabilities is $176.02 million

    Accounts payable

    $45.42M
    RDDT annual accounts payable is $45.42 million

    Debt

    Total debt

    $26.70M
    RDDT annual total debt is $26.70 million

    Total debt 1-year change

    +3.71%
    RDDT annual total debt is up +3.71% year-on-year

    Long term debt

    $20.57M
    RDDT annual long term debt is $20.57 million

    Short term debt

    $6.14M
    RDDT annual short term debt is $6.14 million

    Equity & Capital

    Shareholders equity

    $2.13B
    RDDT annual stockholders equity is $2.13 billion

    Book value

    $2.13B
    RDDT annual book value is $2.13 billion

    Retained earnings

    -$1.20B
    RDDT annual retained earnings is -$1.20 billion

    Working capital

    $2.05B
    RDDT annual working capital is $2.05 billion

    Cash Flow Statement

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    Cashflow Activities

    Cash from operations

    $222.07M
    RDDT annual cash flow from operations is $222.07 million

    Cash from operations 1-year change

    +395.64%
    RDDT annual cash flow from operations is up +395.64% year-on-year

    Cash from investing

    -$440.69M
    RDDT annual cash flow from investing activities is -$440.69 million

    Cash from investing 1-year change

    -1167.27%
    RDDT annual cash flow from investing activities is down -1167.27% year-on-year

    Cash from financing

    $379.54M
    RDDT annual cash flow from financing activities is $379.54 million

    Cash from financing 1-year change

    +46898.4%
    RDDT annual cash flow from financing activities is up +46898.4% year-on-year

    CAPEX

    CAPEX

    $6.25M
    RDDT annual capital expenditures is $6.25 million

    CAPEX 1-year change

    -35.75%
    RDDT annual capital expenditures is down -35.75% year-on-year

    Free Cash Flow

    Free cash flow

    $215.82M
    RDDT annual free cash flow is $215.82 million

    Free cash flow 1-year change

    +354.39%
    RDDT annual free cash flow is up +354.39% year-on-year

    Profitability Ratios

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    Margins

    Gross margin

    90.49%
    RDDT annual gross profit margin is 90.49%

    Operating margin

    -43.11%
    RDDT annual operating profit margin is -43.11%

    Net margin

    -37.25%
    RDDT annual net profit margin is -37.25%

    ROA & ROE

    ROA

    -24.63%
    RDDT annual return on assets is -24.63%

    ROE

    -56.38%
    RDDT annual return on equity is -56.38%

    Valuation

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    PE Ratio

    PE ratio

    265.92
    RDDT price to earnings ratio is 265.92

    PE ratio Sector rank

    96.15%
    RDDT price to earnings ratio is higher than 96.15% of companies in Communication Services sector

    PB Ratio

    PB ratio

    13.06
    RDDT price to book ratio is 13.06

    PB ratio Sector rank

    92.96%
    RDDT price to book ratio is higher than 92.96% of companies in Communication Services sector

    PS Ratio

    PS ratio

    19.97
    RDDT price to sales ratio is 19.97

    PS ratio Sector rank

    95.06%
    RDDT price to sales ratio is higher than 95.06% of companies in Communication Services sector

    Enterprise value

    Enterprise value

    $28.34B
    RDDT enterprise value is $28.34 billion

    Enterprise value Sector rank

    90.07%
    RDDT enterprise value is higher than 90.07% of companies in Communication Services sector

    EV/EBITDA

    EV/EBITDA

    584.90
    RDDT EV/EBITDA is 584.90

    EV/EBITDA Sector rank

    100%
    RDDT EV/EBITDA is higher than 100% of companies in Communication Services sector

    Financial Health

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    Liquidity

    Current ratio

    12.63
    RDDT annual current ratio is 12.63

    Quick ratio

    -
    RDDT annual quick ratio value is unknown

    Leverage

    Debt to equity

    0.00
    RDDT annual debt to equity ratio is 0.00

    Interest coverage ratio

    -
    RDDT annual interest coverage ratio value is unknown

    Risk & Stability

    Piotroski F-Score

    8
    RDDT piotroski f-score is 8

    Altman Z-Score

    84.48
    RDDT altman z-score is 84.48

    Analyst ratings

    Recent major analysts updates

    Jul 23, 25 Needham
    Buy
    Jul 22, 25 Bernstein
    Market Perform
    Jul 21, 25 Roth Capital
    Neutral
    Jul 21, 25 Morgan Stanley
    Overweight
    Jul 8, 25 Baird
    Neutral
    Jul 1, 25 Wells Fargo
    Equal-Weight
    Jun 25, 25 RBC Capital
    Sector Perform
    Jun 24, 25 Guggenheim
    Buy
    Jun 24, 25 Citigroup
    Buy
    Jun 12, 25 Loop Capital
    Buy

    Institutional Ownership

    Screeners with RDDT included

    Growing Shares Outstanding
    US stocks
    Communication services sector
    High Piotroski score stocks
    Stocks with high beta
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    • What is the ticker symbol for Reddit, Inc.?
    • Does Reddit, Inc. pay dividends?
    • What sector is Reddit, Inc. in?
    • What industry is Reddit, Inc. in?
    • What country is Reddit, Inc. based in?
    • When did Reddit, Inc. go public?
    • Is Reddit, Inc. in the S&P 500?
    • Is Reddit, Inc. in the NASDAQ 100?
    • Is Reddit, Inc. in the Dow Jones?
    • When was Reddit, Inc.'s last earnings report?
    • When does Reddit, Inc. report earnings?

    What is the ticker symbol for Reddit, Inc.?

    The ticker symbol for Reddit, Inc. is NYSE:RDDT

    Does Reddit, Inc. pay dividends?

    No, Reddit, Inc. does not pay dividends

    What sector is Reddit, Inc. in?

    Reddit, Inc. is in the Communication Services sector

    What industry is Reddit, Inc. in?

    Reddit, Inc. is in the Internet Content & Information industry

    What country is Reddit, Inc. based in?

    Reddit, Inc. is headquartered in United States

    When did Reddit, Inc. go public?

    Reddit, Inc.'s initial public offering (IPO) was on March 21, 2024

    Is Reddit, Inc. in the S&P 500?

    No, Reddit, Inc. is not included in the S&P 500 index

    Is Reddit, Inc. in the NASDAQ 100?

    No, Reddit, Inc. is not included in the NASDAQ 100 index

    Is Reddit, Inc. in the Dow Jones?

    No, Reddit, Inc. is not included in the Dow Jones index

    When was Reddit, Inc.'s last earnings report?

    Reddit, Inc.'s most recent earnings report was on May 1, 2025

    When does Reddit, Inc. report earnings?

    The next expected earnings date for Reddit, Inc. is July 31, 2025
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