Reddit (RDDT)
Organizes user-run communities and monetizes their conversations primarily through advertising.
$155.44
After hours−0.22 (−0.14%)
At close$155.66(−1.93%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 208 | 250 | 243 | 281 | 348 | 428 | 392 | 500 | 585 | 726 | 663 | 805 |
| Cost of revenue | 26 | 29 | 28 | 30 | 35 | 32 | 37 | 46 | 53 | 59 | 56 | 70 |
| Gross profit | 181 | 221 | 215 | 252 | 314 | 396 | 355 | 454 | 532 | 667 | 607 | 735 |
| 201 | 218 | 805 | 283 | 307 | 343 | 351 | 386 | 394 | 435 | 424 | 503 | |
| Research & development | 108 | 112 | 437 | 143 | 167 | 189 | 191 | 197 | 196 | 199 | 207 | 231 |
| 92 | 106 | 368 | 140 | 140 | 154 | 160 | 189 | 197 | 236 | 217 | 272 | |
| Selling & marketing | 55 | 58 | 124 | 71 | 75 | 81 | 91 | 121 | 129 | 164 | 151 | 196 |
| General & administrative | 37 | 48 | 243 | 68 | 66 | 74 | 69 | 69 | 69 | 72 | 66 | 76 |
| Operating income | −20 | 3 | −589 | −31 | 7 | 53 | 4 | 68 | 139 | 232 | 183 | 232 |
| 13 | 16 | 15 | 21 | 23 | 17 | 21 | 21 | 22 | 23 | 23 | 25 | |
| Interest income | 0 | 0 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | −16 | −15 | −21 | −23 | −17 | −21 | −21 | −22 | −23 | −23 | −25 |
| Income before tax | −7 | 19 | −575 | −10 | 30 | 70 | 24 | 89 | 161 | 255 | 206 | 257 |
| Income tax expense | 0 | 1 | 0 | 0 | 0 | −1 | −2 | 0 | −2 | 3 | 2 | 4 |
| Net income from continuing operations | −7 | 19 | −575 | −10 | 30 | 71 | 26 | 89 | 163 | 252 | 204 | 253 |
| Net income | −7 | 19 | −575 | −10 | 30 | 71 | 26 | 89 | 163 | 252 | 204 | 253 |
| EPS, basic | −$0.05 | $0.11 | −$3.52 | −$0.06 | $0.17 | $0.39 | $0.14 | $0.48 | $0.87 | $1.32 | $1.07 | $1.31 |
| EPS, diluted | −$0.05 | $0.11 | −$3.52 | −$0.06 | $0.17 | $0.39 | $0.14 | $0.48 | $0.80 | $1.24 | $1.01 | $1.25 |
| Weighted average shares, basic | 163 | 163 | 163 | 166 | 174 | 180 | 184 | 187 | 188 | 190 | 192 | 192 |
| Weighted average shares, diluted | 163 | 163 | 163 | 166 | 174 | 180 | 184 | 187 | 203 | 203 | 203 | 202 |
| EBITDA | −16 | 23 | −571 | −7 | 34 | 74 | 28 | 93 | 164 | 259 | 210 | 261 |
| Depreciation & amortization | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| EBIT | −20 | 19 | −575 | −10 | 30 | 70 | 24 | 89 | 161 | 255 | 206 | 257 |