Saturday 31 October 2026 Export RDDT’s income statement to Excel — free account

Reddit Inc.

RDDT Communication Services Internet Content & Information

Reddit Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 69.4% from fiscal 2024. In the quarter to June 2026, revenue grew 61.1%, EPS grew 172.9% and free cash flow grew 135.3%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

92.04 37.56 −28.98%

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Market cap: $24.9B
P/E: 20.1×
Fwd P/E: 16.6×
Dividend yield: —
F-score: 7/9
Altman Z: 84.79
Beneish M: −2.21
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Reddit Inc. (RDDT) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Reportable Segment	2,203	100.00%
Gross margin		91.18%
Operating margin		20.07%
Pre-tax margin		24.00%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023
Advertising revenue	2,062 93.64%	1,185 91.17%	789 98.10%
Other revenue	140 6.36%	115 8.83%	15 1.90%
Revenue	2,203	1,300	804

Revenue by segment $m

Line	FY2025	FY2024	FY2023
Reportable Segment	2,203 100.00%	1,300 100.00%	804 100.00%
Revenue	2,203	1,300	804

Gross profit by segment $m, and margin

	FY2025	FY2024	FY2023
Reportable Segment	‡	‡	‡
Gross profit	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡
	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023
United States	1,786 81.07%	1,064 81.80%	651 81.01%
Rest of world	417 18.93%	237 18.20%	153 18.99%
Revenue	2,203	1,300	804

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
ARPU: Global	Q3 FY2026	$6.87	$5.04	+36.31%
ARPU: International	Q3 FY2026	$2.43	$1.84	+32.07%
ARPU: U.S.	Q3 FY2026	$13.82	$9.04	+52.88%
DAUq: Global	Q3 FY2026	130.3M	116.0M	+12.33%
DAUq: International	Q3 FY2026	79.6M	64.4M	+23.60%
DAUq: U.S.	Q3 FY2026	50.7M	51.6M	−1.74%
Logged-in DAUq: Global	Q3 FY2026	53.5M	50.2M	+6.57%
Logged-in DAUq: International	Q3 FY2026	30.1M	27.1M	+11.07%
Logged-in DAUq: U.S.	Q3 FY2026	23.4M	23.1M	+1.30%
Logged-out DAUq: Global	Q3 FY2026	76.8M	65.8M	+16.72%
Logged-out DAUq: International	Q3 FY2026	49.5M	37.3M	+32.71%
Logged-out DAUq: U.S.	Q3 FY2026	27.3M	28.5M	−4.21%
Remaining performance obligations	Q3 FY2026	$62.4M	$173.1M	−63.95%
WAUq: Global	Q3 FY2026	515.2M	443.8M	+16.09%
WAUq: International	Q3 FY2026	326.7M	256.0M	+27.62%
WAUq: U.S.	Q3 FY2026	188.5M	187.8M	+0.37%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024
ARPU: Global	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
ARPU: International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
ARPU: U.S.	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
DAUq: Global	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
DAUq: International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
DAUq: U.S.	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logged-in DAUq: Global	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logged-in DAUq: International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logged-in DAUq: U.S.	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logged-out DAUq: Global	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logged-out DAUq: International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Logged-out DAUq: U.S.	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
WAUq: Global	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
WAUq: International	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
WAUq: U.S.	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.