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Reddit, Inc. logo

Reddit, Inc.

RDDT

NYSECommunication ServicesInternet Content & Information

Open in GoAI

Previous close

$153.25

+$2.94 · +1.96%

Aug 21, 3:59 PM ET

Pre-market

$152.39

−$0.8612 · -0.56%

Aug 24, 6:07 AM ET

RDDT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

85

Deep Value

Momentum

61

Gaining

Sentiment

58

Mixed

Risk resilience

40

Elevated Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.

Industry
Internet Content & Information
Sector
Communication Services
Headquarters
US
CEO
Steven Ladd Huffman
Listed since
Mar 21, 2024
Employees
2,555

Market position

Day range

Current $153.25

52-week range

Current $153.25

Open
$152.6
Previous close
$150.31
Volume
3.87M
0.67× average
Average volume
5.79M
Average daily volume
Market cap
29.5B USD
Beta
2.03
Market reference 1
50-day average
$173.39
-11.61% below average
200-day average
$176.85
-13.34% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
41.91B USD
P/E (TTM)
33.53×
P/B (TTM)
8.97×
P/S (TTM)
10.62×
EV / EBITDA
76.96×
Earnings yield
1.24%
Free cash flow yield
1.60%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
91.44%
Operating margin
28.25%
Net margin
31.35%
Return on equity
18.09%
Return on assets
16.35%
Return on invested capital
14.86%

Financial health

Debt / equity
0.01×
Current ratio
11.56×
Altman Z-score
52.98
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends105%51%-3%-57%Gross margin, FY2021: 85.04%Gross margin, FY2022: 84.28%Gross margin, FY2023: 86.19%Gross margin, FY2024: 90.49%Gross margin, FY2025: 91.18%Operating margin, FY2021: -26.23%Operating margin, FY2022: -25.82%Operating margin, FY2023: -17.43%Operating margin, FY2024: -43.11%Operating margin, FY2025: 20.07%Net margin, FY2021: -26.37%Net margin, FY2022: -23.78%Net margin, FY2023: -11.30%Net margin, FY2024: -37.25%Net margin, FY2025: 24.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 85.04%. Gross margin FY2022 84.28%. Gross margin FY2023 86.19%. Gross margin FY2024 90.49%. Gross margin FY2025 91.18%. Operating margin FY2021 -26.23%. Operating margin FY2022 -25.82%. Operating margin FY2023 -17.43%. Operating margin FY2024 -43.11%. Operating margin FY2025 20.07%. Net margin FY2021 -26.37%. Net margin FY2022 -23.78%. Net margin FY2023 -11.30%. Net margin FY2024 -37.25%. Net margin FY2025 24.05%.

Income trends

Revenue

2.2B USD+69.40%

Operating income

441.98M USD+1B USD

Net income

529.72M USD+1.01B USD
Income trends across reported periods2.48B USD1.37B USD268.35M USD−836.88M USDRevenue, FY2021: 484.92M USDRevenue, FY2022: 666.7M USDRevenue, FY2023: 804.03M USDRevenue, FY2024: 1.3B USDRevenue, FY2025: 2.2B USDOperating income, FY2021: −127.21M USDOperating income, FY2022: −172.16M USDOperating income, FY2023: −140.16M USDOperating income, FY2024: −560.57M USDOperating income, FY2025: 441.98M USDNet income, FY2021: −127.9M USDNet income, FY2022: −158.55M USDNet income, FY2023: −90.82M USDNet income, FY2024: −484.28M USDNet income, FY2025: 529.72M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 484.92M USD. Revenue FY2022 666.7M USD. Revenue FY2023 804.03M USD. Revenue FY2024 1.3B USD. Revenue FY2025 2.2B USD. Operating income FY2021 −127.21M USD. Operating income FY2022 −172.16M USD. Operating income FY2023 −140.16M USD. Operating income FY2024 −560.57M USD. Operating income FY2025 441.98M USD. Net income FY2021 −127.9M USD. Net income FY2022 −158.55M USD. Net income FY2023 −90.82M USD. Net income FY2024 −484.28M USD. Net income FY2025 529.72M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.2B USD1.3B USD804.03M USD666.7M USD484.92M USD
Cost of goods sold194.22M USD123.6M USD111.01M USD104.8M USD72.57M USD
Gross profit2.01B USD1.18B USD693.02M USD561.9M USD412.35M USD
Research and development783.15M USD935.15M USD438.35M USD365.16M USD256.98M USD
Selling, general, and administrative783.16M USD802.03M USD394.83M USD368.9M USD282.59M USD
Operating expenses1.57B USD1.74B USD833.18M USD734.06M USD539.56M USD
Depreciation and amortization15.95M USD15.64M USD13.7M USD8M USD2.81M USD
Operating income441.98M USD−560.57M USD−140.16M USD−172.16M USD−127.21M USD
Net income529.72M USD−484.28M USD−90.82M USD−158.55M USD−127.9M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
90%
9 beats, 1 miss, 0 met estimates
Average EPS surprise
+136.24%
10 comparable reports
Latest EPS result
1.25
Estimate 0.95 · Beat by 31.72%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.420.950.480.01Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 0.36, estimate 0.252, surprise +42.97%, Beat. Q2 2025, reported May 1, 2025: actual 0.13, estimate 0.017, surprise +647.56%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.45, estimate 0.19, surprise +136.59%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.8, estimate 1.04, surprise -23.08%, Miss. Q1 2026, reported Feb 5, 2026: actual 1.24, estimate 0.937, surprise +32.34%, Beat. Q2 2026, reported Apr 30, 2026: actual 1.01, estimate 0.569, surprise +77.50%, Beat. Q3 2026, reported Jul 30, 2026: actual 1.25, estimate 0.949, surprise +31.72%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 1.32, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates913.18M718.54M523.91M329.27MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 427.71M USD, estimate 405.82M USD, surprise +5.39%, Beat. Q2 2025, reported May 1, 2025: actual 392.36M USD, estimate 369.54M USD, surprise +6.17%, Beat. Q3 2025, reported Jul 31, 2025: actual 499.63M USD, estimate 425.67M USD, surprise +17.37%, Beat. Q4 2025, reported Oct 30, 2025: actual 584.91M USD, estimate 546.65M USD, surprise +7.00%, Beat. Q1 2026, reported Feb 5, 2026: actual 725.61M USD, estimate 665.93M USD, surprise +8.96%, Beat. Q2 2026, reported Apr 30, 2026: actual 663M USD, estimate 607.74M USD, surprise +9.09%, Beat. Q3 2026, reported Jul 30, 2026: actual 804.91M USD, estimate 731M USD, surprise +10.11%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 872.91M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$204.4

33.38% upside
Past 12 months12-month forecastHigh $265Average $204.4Low $110

Rating distribution

29 ratings
Strong buy13%
Buy1862%
Hold1034%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
WedbushmaintainOutperform

RDDT news

fool.com

Reddit vs. Rigetti Computing: Which High-Growth Stock Is a Better Buy in 2026, the Social Media Giant or Rising Quantum Computing Company?

Reddit has reached profitability with a 24.1% net margin and strong revenue growth. Rigetti Computing is a high-risk pioneer in quantum hardware with heavy reliance on government funding.

Read source
fool.com

Billionaire Stanley Druckenmiller Bought This Newly Added S&P 500 Stock That's Up 351% Since Its IPO

His Duquesne Family Office opened a position in Reddit in the second quarter.

Read source
fool.com

Meet the Newest Member of the S&P 500. It's Up 365% Since Its IPO, and It Can Keep Climbing From Here.

Fears of AI disruption may have created an incredible buying opportunity for this company.

Read source
fool.com

Great News for Reddit Stock Investors

The company will be joining a broad market index, which should bring more passive buyers of its shares.

Read source
zacks.com

RDDT vs. META: Which Digital Advertising Stock Has an Edge Right Now?

Reddit's rapid ad growth and expanding advertiser base give it an edge over Meta Platforms, despite a richer valuation and search traffic headwinds.

Read source
247wallst.com

Reddit Fell Almost 30% This Year: 80% Gains Are In Store According to Wall Street Pros

Reddit (NYSE:RDDT | RDDT Price Prediction) currently trades at $164.50, while Wall Street's average price target sits at $215.31, an implied upside of roughly 31%.

Read source

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ETFs holding RDDT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
604.22M
Weight
0.03%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
410.59M
Weight
0.18%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
264.47M
Weight
0.03%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
Vanguard Morningstar Growth ETF logoVanguard Morningstar Growth ETFVUG
Market value
252.03M
Weight
0.07%
AUM
372B USD
Expense ratio
0.03%
Price / 1D
$87.50+0.38%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
243.38M
Weight
0.03%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
211.6M
Weight
0.22%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Invesco S&P 500 Equal Weight ETF logoInvesco S&P 500 Equal Weight ETFRSP
Market value
162.7M
Weight
0.16%
AUM
100.27B USD
Expense ratio
0.20%
Price / 1D
$221.67+0.63%
Vanguard Morningstar Mid-Cap Growth ETF logoVanguard Morningstar Mid-Cap Growth ETFVOT
Market value
145.08M
Weight
0.43%
AUM
33.5B USD
Expense ratio
0.05%
Price / 1D
$305.46+0.79%

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