Reddit (RDDT): financials, SEC filings and peers
Reddit (RDDT) is an interactive media & services company in the Communication Services sector of the S&P 500, headquartered in San Francisco, California.
It was founded in 2005 and joined the S&P 500 on August 18, 2026.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Services-Computer Processing & Data Preparation”.
Reddit at a glance
- Revenue (12 months)
- $2.8B
- Revenue growth
- +66.6%
- Operating margin
- 28.2%
- Net income (12 months)
- $871M
- Free cash flow (12 months)
- $1.0B
- Cash
- $1.5B
- Debt
- —
- Diluted EPS (12 months)
- $4.30
Twelve months to June 30, 2026, from the 10-Q filed July 31, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Reddit reported revenue of $2.8 billion, up a strong 66.6% from $1.7 billion a year earlier.
Its operating margin was 28.2%, up 20.4 percentage points from a year earlier: for every $100 of sales, about $28 was left as operating profit.
Net income was $871 million (31.3% of revenue), 302.6% higher than a year earlier.
Operating cash flow was $1.0 billion and capital spending $7 million, leaving free cash flow of $1.0 billion (36.7% of revenue).
At the end of the period it held $1.5 billion in cash and not reported in debt, a net cash position of $1.5 billion.
The diluted share count rose 1.3% in a year, which dilutes existing shareholders.
Five-year trend
- Revenue went from $667 million in fiscal 2022 to $2.2 billion in fiscal 2025, about 48.9% a year.
- Revenue has grown for 3 fiscal years in a row.
- Operating margin widened from -25.8% to 20.1% over the same years.
- Free cash flow was negative in 2 of the last 4 fiscal years.
- Reddit reported a net loss in 3 of the last 4 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $667M | $804M | $1.3B | $2.2B |
| Revenue growth | — | 20.6% | 61.7% | 69.4% |
| Operating margin | -25.8% | -17.4% | -43.1% | 20.1% |
| Net income | −$159M | −$91M | −$484M | $530M |
| Free cash flow | −$100M | −$85M | $216M | $684M |
| Diluted EPS | $-2.77 | $-1.54 | $-3.33 | $2.62 |
Fiscal years as reported in Reddit’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
Companies like Reddit
Other S&P 500 companies in Interactive Media & Services:
- GOOGAlphabet Inc. (Class C)Mountain View, California
- GOOGLAlphabet Inc. (Class A)Mountain View, California
- METAMeta PlatformsMenlo Park, California
More from Communication Services
Questions about Reddit
Is Reddit's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $2.8 billion, up 66.6% from a year earlier, according to its SEC filings.
Is Reddit profitable?
Yes. It earned $871 million in net income over the twelve months to June 30, 2026, a net margin of 31.3%.
When did Reddit last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on July 31, 2026.
Which companies are similar to Reddit?
In the S&P 500, Reddit is grouped in Interactive Media & Services within the Communication Services sector. Alphabet Inc. (Class C) (GOOG), Alphabet Inc. (Class A) (GOOGL), Meta Platforms (META) are in the same group.
Understand the numbers
Source: Reddit’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.