Reddit, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Steven Ladd Huffman
- Full Time Employees
- 2,555
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- South Tower San Francisco CA United States of America 94107
- IPO Date
- Mar 21, 2024
- CIK
- 0001713445
- Website
- redditinc.com
- Similar Companies
- Business
- Reddit, Inc. (RDDT) operates a social news aggregation, discussion, and community platform that enables users worldwide to post content, engage in conversations, vote on submissions via upvotes and downvotes, and organize into specialized subreddits based on interests such as news, hobbies, gaming, sports, health, and entertainment; core offerings include text-based discussions, link sharing, image and video uploads, live audio via Reddit Talk, premium memberships with ad-free access and exclusive features like snoovatars and r/lounge, Reddit Answers for AI-powered conversation summaries, advertising solutions encompassing display ads, video ads, promoted posts, and AI-driven tools for trend insights and campaign testing, data licensing to AI firms, and moderator tools for community management. The company generates revenue primarily from advertising sales and premium subscriptions while serving millions of daily and weekly active users across desktop, mobile apps, and web interfaces. Founded in 2005 by Steve Huffman and Alexis Ohanian and headquartered at 548 Market Street in San Francisco, California, Reddit conducts operations internationally with a focus on user growth through machine translation, localized content, and expansions in markets like Brazil; it employs over 2,200 people and maintains more than 100,000 active communities with billions of posts and comments. Recent developments include Reddit's initial public offering on the New York Stock Exchange in March 2024, which transitioned the company from private ownership under Advance Publications to a fully public entity with a market capitalization exceeding $10 billion; strategic data licensing partnerships with OpenAI and Google, initiated in early 2024 and valued at over $200 million in multi-year contracts to train AI models on Reddit content while providing moderators with AI enhancements. In December 2024, Reddit launched Reddit Answers, an AI search tool for summarizing discussions, alongside expansions in search functionality, video ad inventory, and B2B audience targeting via a December 2025 partnership with Bombora for company-level ad precision; the company also reports robust growth with revenue up 68% year-over-year to $585 million, daily active users surpassing 116 million, and active advertisers increasing 75% through international localization and premium creator tools like private subreddit subscriptions and e-commerce integrations.
Company News
Reddit CEO Steve Huffman Sells 18,000 Shares for $2.7 Million
Reddit Inc. (RDDT) is a Top-Ranked Momentum Stock: Should You Buy?
Should You Hold on to RDDT Stock Despite Its 15% Dip in Three Months?
Reddit Rallies 7% as Baird Says Renewal Risk Is Already Priced In, Pinterest Holds Flat
Reddit: Rapid Earnings Growth With Room For An AI Expansion
Reddit to Present at the Goldman Sachs 2026 Communacopia + Technology Conference
Reddit Has Been One of the Worst Stocks in the S&P 500. Here's Why It's a Buy.
ChatGPT, Reddit, Roblox to adhere to EU's "very large platform" rules
Jim Cramer Just Called a Stock Down Nearly 30% This Year ‘Ridiculously Cheap'
A Reddit Director Sells Over 5,000 Shares Worth $820,070 Amid a Stock Price Decline
GOOGL Rides on Strong Advertising Revenues: Can It Beat RDDT and META?
Reddit Gains From Strong User Growth: Can It Outpace PINS & SNAP?
What Reddit's ChatGPT citations collapse means for marketers
This is how much Reddit stock is down since Jim Cramer said he would ‘buy it slowly'
Breakfast News: Meta's AI Agent To Do Your Errands
What Investors Should Know as Reddit's Chief Accounting Officer Files a New Insider Transaction
Reddit's Chief Legal Officer Reported a Disposition as AI Legal Battle Drags On. Here's What to Make of It
Reddit's CFO Just Disposed of 10,319 Shares. Here's What Long-Term Investors Should Know
Reddit's COO Reported a Disposition and Still Holds More Than 1 Million Shares. Here's What to Know
Reddit's Steve Huffman Filed a Form 4 Right as the Index Pop Faded. Here's What Long-Term Investors Should Know