Reddit, Inc.
NYSE-RDDT
Basic
Market Cap
$10.14B
EV
$8,498.98M
Shares Out
163.51M
Revenue
$883.25M
Employees
—
Margins
Gross
87.35%
EBITDA
-72.99%
Operating
-74.59%
Pre-Tax
-68.14%
Net
-68.5%
FCF
-6.72%
Returns (5Yr Avg)
ROA
-12.32%
ROTA
-13.62%
ROE
-13.2%
ROCE
-14.92%
ROIC
-108.25%
Valuation (TTM)
P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—
Valuation (NTM)
Price Target
$59.8
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
Financial Health
Cash
$1,670.35M
Net Debt
-$1,645.13M
Debt/Equity
0.01
EBIT/Interest
—
Growth (CAGR)
Rev 3Yr
52.01%
Rev 5Yr
—
Rev 10Yr
—
Dil EPS 3Yr
7.79%
Dil EPS 5Yr
—
Dil EPS 10Yr
—
Rev Fwd 2Yr
—
EBITDA Fwd 2Yr
—
EPS Fwd 2Yr
—
EPS LT Growth Est
-49.98%
Dividends
Yield
—
Payout
—
DPS
—
DPS Growth 3Yr
—
DPS Growth 5Yr
—
DPS Growth 10Yr
—
DPS Growth Fwd 2Yr
—
Select a metric from the list below to chart it
Dec '20
Dec '21
Dec '22
Dec '23
LTM
Dec '24 (E)
Dec '25 (E)
Dec '26 (E)
Metric | Dec '20 | Dec '21 | Dec '22 | Dec '23 | LTM |
|---|---|---|---|---|---|
Total Revenues | 228.9 | 484.9 | 666.7 | 804 | 883.3 |
Total Revenues % Chg. | — | 111.8% | 37.5% | 20.6% | 32.5% |
Cost of Goods Sold, Total | 55 | 72.6 | 104.8 | 111 | 111.8 |
Gross Profit | 173.9 | 412.4 | 561.9 | 693 | 771.5 |
Selling General & Admin Expenses, Total | 118.9 | 282.6 | 368.9 | 394.8 | 663.7 |
R&D Expenses | 117.5 | 257 | 365.2 | 438.3 | 766.6 |
Other Operating Expenses, Total | 236.4 | 539.6 | 734.1 | 833.2 | 1,430.3 |
Operating Income | -62.6 | -127.2 | -172.2 | -140.2 | -658.8 |
Interest And Investment Income | — | — | — | — | 4.8 |
Net Interest Expenses | — | — | — | — | 4.8 |
Other Non Operating Income (Expenses) | 3.5 | -0.3 | 14.2 | 53.1 | 53.1 |
EBT, Excl. Unusual Items | -59.1 | -127.6 | -157.9 | -87 | -600.8 |
Other Unusual Items | — | — | — | — | -1 |
EBT, Incl. Unusual Items | -59.1 | -127.6 | -157.9 | -87 | -601.8 |
Income Tax Expense | 0.1 | 0.3 | 0.6 | 3.8 | 3.2 |
Earnings From Continuing Operations | -59.2 | -127.9 | -158.6 | -90.8 | -605 |
Net Income | -59.2 | -127.9 | -158.6 | -90.8 | -605 |
Net Income to Common Incl Extra Items | -59.2 | -127.9 | -158.6 | -90.8 | -605 |
Net Income to Common Excl. Extra Items | -59.2 | -127.9 | -158.6 | -90.8 | -605 |
Total Shares Outstanding | 49.1 | 56.4 | 57.8 | 61 | 163.3 |
Weighted Avg. Shares Outstanding | 48.3 | 51.7 | 57.3 | 59.1 | 62.2 |
Weighted Avg. Shares Outstanding Dil | 48.3 | 51.7 | 57.3 | 59.1 | 62.2 |
EPS | -1.2 | -2.5 | -2.8 | -1.5 | -9.7 |
EPS Diluted | -1.2 | -2.5 | -2.8 | -1.5 | -9.7 |
EBITDA | -60.6 | -124.4 | -164.2 | -126.5 | -644.7 |
Effective Tax Rate | -0.2% | -0.3% | -0.4% | -4.4% | -0.5% |