REDDIT, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 2,929 | 100.0 |
| Total capitalization | 2,929 | 100.0 |
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Preferred stock ($ millions) | 0 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 7374, Services-Computer Processing & Data Preparation. Large accelerated filer. Principal executive office: 303 2Nd Street, South Tower, 5Th Floor, San Francisco, CA 94104. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 2,203 | 1,300 | 804 |
| Cost of revenues | 194 | 124 | 111 |
| Research and development | 783 | 935 | 438 |
| Depreciation and amortization | 16 | 16 | 14 |
| Operating income | 442 | (561) | (140) |
| Income before income taxes | 529 | (485) | (87) |
| Income taxes | (1) | (1) | 4 |
| Net income | 530 | (484) | (91) |
| Earned per share, diluted ($) | 2.62 | (3.33) | (1.54) |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 954 | 562 |
| Receivables, net | 590 | 350 |
| Total current assets | 3,136 | 2,223 |
| Property, plant and equipment, net | 13 | 13 |
| Goodwill | 42 | 42 |
| Total assets | 3,239 | 2,337 |
| Total current liabilities | 271 | 176 |
| Total liabilities | 310 | 206 |
| Stockholders' equity | 2,929 | 2,131 |
| Total liabilities and equity | 3,239 | 2,337 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 2,203 | 442 | 530 | 24.1 | 2.62 | – | 691 | 7 | 684 | 3,239 | 310 | – | 2,929 | 18.1 | – |
| 12/31/24 | 1,300 | (561) | (484) | -37.2 | (3.33) | – | 222 | 6 | 216 | 2,337 | 206 | – | 2,131 | -22.7 | – |
| 12/31/23 | 804 | (140) | (91) | -11.3 | (1.54) | – | (75) | 10 | (85) | 1,596 | 156 | – | (413) | 22.0 | – |
| 12/31/22 | 667 | (172) | (159) | -23.8 | (2.77) | – | (94) | 6 | (100) | – | – | – | (379) | 41.8 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Reddit, Inc.
CIK 1713445 · EIN 45-2546501
PRINCIPAL OFFICE:
303 2Nd Street, South Tower, 5Th Floor, San Francisco, CA 94104
Tel.: (415) 494-8016
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
7374 · Services-Computer Processing & Data Preparation
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 6 February 2026
FORMER NAMES:
Reddit, Inc.
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/6/26) · 10-K FY2024 (filed 2/13/25). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.