Reddit, Inc. (RDDT) Financial Statements
Reddit financial statements at a glance
Reddit reported revenue of $2.20 billion for fiscal year 2025 (ended December 31, 2025), up 69.4% from fiscal year 2024. Net income was $529.72 million, a net margin of 24.1%, and diluted earnings per share were $2.62.
At the end of fiscal year 2025 it had total assets of $3.24 billion, total liabilities of $310.14 million and shareholders' equity of $2.93 billion, with cash and short-term investments of $2.48 billion and total debt of $23.21 million.
Its operations brought in $690.88 million of cash; capital spending was $6.71 million, leaving free cash flow of $684.17 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Reddit, Inc.
Income Statement
Annual • USD
Reddit key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.3B | $804.0M | $666.7M | $484.9M |
| Gross profit | $2.0B | $1.2B | $693.0M | $561.9M | $412.4M |
| Operating income | $442.0M | -$560.6M | -$140.2M | -$172.2M | -$127.2M |
| Net income | $529.7M | -$484.3M | -$90.8M | -$158.6M | -$127.9M |
| Diluted EPS | $2.62 | -$3.33 | -$0.57 | -$1.07 | -$0.87 |
| Total assets | $3.2B | $2.3B | $1.6B | $1.6B | $1.6B |
| Total liabilities | $310.1M | $205.8M | $2.0B | $2.0B | $1.9B |
| Shareholders' equity | $2.9B | $2.1B | -$412.9M | -$379.1M | -$286.0M |
| Cash and short-term investments | $2.5B | $1.8B | $1.2B | $1.3B | $1.4B |
| Total debt | $23.2M | $26.7M | $25.7M | $19.5M | $13.5M |
| Operating cash flow | $690.9M | $222.1M | -$75.1M | -$94.0M | -$130.2M |
| Capital spending | $6.7M | $6.2M | $9.7M | $6.2M | $7.3M |
| Free cash flow | $684.2M | $215.8M | -$84.8M | -$100.3M | -$137.5M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Reddit's revenue in fiscal year 2025?
$2.20 billion, up 69.4% from $1.30 billion in fiscal year 2024.
How much profit does Reddit make?
Reddit reported net income of $529.72 million for fiscal year 2025 (24.1% of revenue); operating income was $441.98 million.
How much cash and debt does Reddit have?
At the end of fiscal year 2025: cash and short-term investments of $2.48 billion and total debt of $23.21 million.
What is Reddit's free cash flow?
$684.17 million in fiscal year 2025 (operating cash flow of $690.88 million minus capital spending of $6.71 million).
