Reddit, Inc.

Reddit, Inc.

RDDT
Reddit, Inc.US flagNew York Stock Exchange
169.42
USD
+0.29
- -
32.61BMarket Cap

Income Statement (USD)

APIChat
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Sales/Revenue/Turnover
229
485
667
804
1,300
2,203
+ Sales & Services Revenue
229
485
667
804
1,300
2,203
- Cost of Revenue
55
73
105
111
124
194
+ Cost of Goods & Services
55
73
105
111
124
194
Gross Profit
174
412
562
693
1,177
2,008
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- Operating Expenses
236
540
734
833
1,737
1,566
+ Selling, General & Admin
119
283
369
395
802
783
+ Research & Development
118
257
365
438
935
783
+ Other Operating Expense
- -
- -
- -
- -
- -
- -
Operating Income (Loss)
-63
-127
-172
-140
-561
442
- Non-Operating (Income) Loss
-3
- -
-14
-53
-75
-87
+ Interest Expense, Net
- -
- -
- -
- -
- -
- -
+ Interest Expense
- -
- -
- -
- -
- -
- -
- Interest Income
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
-3
- -
-14
-53
-75
-87
Pretax Income
-59
-128
-158
-87
-485
529
- Income Tax Expense (Benefit)
- -
- -
1
4
-1
-1
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
-59
-128
-159
-91
-484
530
- Net Extraordinary Losses (Gains)
- -
- -
- -
- -
- -
- -
+ Discontinued Operations
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
- -
- -
- -
- -
- -
- -
Income (Loss) Incl. MI
-59
-128
-159
-91
-484
530
- Minority Interest
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-59
-128
-159
-91
-484
530
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
-59
-128
-159
-91
-484
530
EBIT
-63
-127
-172
-140
-561
442
EBITDA
-61
-124
-164
-126
-545
458
EBITDA Margin (%)
-26.48
-25.65
-24.62
-15.73
-41.91
20.79
EBITA
-63
-127
-172
-140
-561
442
Gross Margin (%)
75.96
85.04
84.28
86.19
90.49
91.18
Operating Margin (%)
-27.33
-26.23
-25.82
-17.43
-43.11
20.07
Profit Margin (%)
-25.85
-26.37
-23.78
-11.3
-37.25
24.05
Sales per Employee
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
3
8
14
16
16
Basic Weighted Avg Shares
148
148
148
159
145
186
Basic EPS, GAAP
-0.4
-0.87
-1.07
-0.57
-3.33
2.84
Basic EPS from Cont Ops
-0.4
-0.87
-1.07
-0.57
-3.33
2.84
Diluted Weighted Avg Shares
148
148
148
159
145
202
Diluted EPS, GAAP
-0.4
-0.87
-1.07
-0.57
-3.33
2.62
Diluted EPS from Cont Ops
-0.4
-0.87
-1.07
-0.57
-3.33
2.62

Balance Sheet (USD)

APIChat
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Total Current Assets
474
1,601
1,484
1,480
2,223
3,136
+ Cash, Cash Equivalents & STI
363
1,413
1,267
1,213
1,841
2,477
+ Cash & Cash Equivalents
112
1,338
436
401
562
954
+ ST Investments
251
75
831
812
1,279
1,523
+ Accounts & Notes Receiv
92
162
199
253
350
590
+ Accounts Receivable, Net
87
162
192
245
350
590
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
6
1
7
8
- -
- -
+ Inventories
- -
- -
- -
- -
- -
- -
+ Raw Materials
- -
- -
- -
- -
- -
- -
+ Work In Process
- -
- -
- -
- -
- -
- -
+ Finished Goods
- -
- -
- -
- -
- -
- -
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
+ Other ST Assets
19
25
18
14
33
69
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
50
44
116
115
113
103
+ Property, Plant & Equip, Net
29
23
31
39
36
33
+ Property, Plant & Equip
32
28
37
46
47
50
- Accumulated Depreciation
3
5
6
7
11
16
+ LT Investments & Receivables
5
- -
- -
- -
- -
- -
+ LT Investments
5
- -
- -
- -
- -
- -
+ LT Receivables
- -
- -
- -
- -
- -
- -
+ Other LT Assets
16
21
85
76
77
70
+ Total Intangible Assets
7
12
68
57
68
58
+ Goodwill
6
6
26
26
42
42
+ Other Intangible Assets
1
6
41
30
25
15
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
9
9
18
19
10
12
Total Assets
524
1,645
1,600
1,596
2,337
3,239
+ Payables & Accruals
26
31
54
76
84
155
+ Accounts Payable
9
23
33
47
45
63
+ Accrued Taxes
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
16
8
21
29
39
92
+ ST Debt
6
7
8
4
6
7
+ ST Borrowings
- -
- -
- -
- -
- -
- -
+ ST Finance Leases
6
7
8
4
6
7
+ Other ST Liabilities
18
33
45
54
86
109
+ Deferred Revenue
2
8
8
7
15
18
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
15
25
37
47
71
91
Total Current Liabilities
50
70
106
134
176
271
+ LT Debt
13
7
12
22
21
16
+ LT Borrowings
- -
- -
- -
- -
- -
- -
+ LT Finance Leases
13
7
12
22
21
16
+ Other LT Liabilities
613
1,854
1,861
1,854
9
23
+ Accrued Liabilities
- -
- -
- -
- -
- -
- -
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
613
1,854
1,861
1,854
9
23
Total Noncurrent Liabilities
626
1,861
1,872
1,876
30
39
Total Liabilities
676
1,931
1,979
2,009
206
310
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
106
181
250
303
3,332
3,596
+ Common Stock
- -
- -
- -
- -
- -
- -
+ Additional Paid in Capital
106
181
250
303
3,332
3,596
- Treasury Stock
10
- -
- -
- -
- -
- -
+ Retained Earnings
-247
-467
-626
-717
-1,201
-671
+ Other Equity
- -
- -
-4
1
- -
4
Equity Before Minority Interest
-152
-286
-379
-413
2,131
2,929
+ Minority/Non Controlling Interest
- -
- -
- -
- -
- -
- -
Total Equity
-152
-286
-379
-413
2,131
2,929
Total Liabilities & Equity
524
1,645
1,600
1,596
2,337
3,239
Shares Outstanding
159
159
159
159
180
191
Number of Employees
- -
- -
- -
- -
- -
- -
Capital Leases - Total
20
13
19
26
27
23
Net Debt
-112
-1,338
-436
-401
-562
-954
Net Debt to Equity
73.84
467.74
114.97
97.16
-26.38
-32.56
Tangible Common Equity Ratio
-30.73
-18.26
-29.15
-30.49
90.93
90.25
Current Ratio
9.52
22.72
13.94
11.08
12.63
11.56
Cash Conversion Cycle
- -
12.32
-0.42
-31.38
-52.26
-23.95

Cash Flow Statement (USD)

APIChat
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
+ Net Income
-59
-128
-159
-91
-484
530
+ Depreciation & Amortization
2
3
8
14
16
16
+ Non-Cash Items
31
59
67
32
758
322
+ Stock-Based Compensation
21
49
55
48
802
343
+ Deferred Income Taxes
- -
- -
- -
- -
- -
- -
+ Asset Impairment Charge
- -
1
3
- -
- -
- -
+ Other Non-Cash Adj
10
9
8
-16
-43
-21
+ Chg in Non-Cash Work Cap
-36
-64
-10
-30
-67
-177
+ (Inc) Dec in Accts Receiv
-43
-75
-30
-53
-104
-241
+ (Inc) Dec in Inventories
- -
- -
- -
- -
- -
- -
+ (Inc) Dec in Prepaid Assets
-1
3
-2
4
-19
-37
+ Inc (Dec) in Accts Payable
23
16
32
25
59
109
+ Inc (Dec) in Other
-14
-7
-10
-6
-2
-7
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
-62
-130
-94
-75
222
691
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-3
-7
-6
-10
-6
-7
+ Acq of Fixed Prod Assets
-3
-2
-6
-10
-6
-7
+ Acq of Intangible Assets
- -
-5
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
- -
-95
- -
- -
600
- -
+ Increase in Capital Stock
- -
- -
- -
- -
600
- -
+ Decrease in Capital Stock
- -
-95
- -
- -
- -
- -
+ Net Change in LT Investment
84
178
-756
51
-423
-215
+ Dec in LT Investment
394
412
675
1,311
1,574
2,083
+ Inc in LT Investment
-310
-234
-1,431
-1,260
-1,997
-2,298
+ Net Cash From Acq & Div
- -
- -
-42
- -
-17
- -
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
- -
- -
-42
- -
-17
- -
+ Cash for JVs
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
- -
- -
- -
- -
6
3
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
81
171
-804
41
-441
-219
+ Dividends Paid
- -
- -
- -
- -
- -
- -
+ Net Cash From Debt
- -
- -
- -
- -
- -
- -
+ Cash From Debt
- -
- -
- -
- -
- -
- -
+ Repayments of Debt
- -
- -
- -
- -
- -
- -
+ Other Financing Activities
8
1,277
-4
-1
-220
-81
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
8
1,182
-4
-1
380
-81
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
Net Changes in Cash
28
1,223
-902
-35
161
391
EBITDA
-61
-124
-164
-126
-545
458
EBITDA Margin (%)
-26.48
-25.65
-24.62
-15.73
-41.91
20.79
Free Cash Flow
-65
-137
-100
-85
216
684
Net Cash Paid for Acquisitions
- -
- -
42
- -
17
- -
Free Cash Flow to Firm
- -
- -
- -
- -
- -
- -
Free Cash Flow to Equity
- -
-132
-100
-85
216
684
Free Cash Flow per Basic Share
-0.44
-0.93
-0.68
-0.53
1.48
3.67
Price/Free Cash Flow
- -
- -
- -
- -
104.14
66.6
Cash Flow to Net Income
1.05
1.02
0.59
0.83
-0.46
1.3
Capital Expenditures
-3
-7
-6
-10
-6
-7