RDDT · XBRL financial data
Reddit financial statements, every fiscal year
The same tables from 2 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (RDDT's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Revenue from contracts with customers | 1,300 | 2,203 |
| Cost of goods and services sold | 124 | 194 |
| Research and development | 935 | 783 |
| General and administrative | 451 | 279 |
| Operating income (loss) | (561) | 442 |
| Income tax expense (benefit) | (1) | (1) |
| Net income (loss) | (484) | 530 |
| Earnings per share, basic USD per share | (3.33) | 2.84 |
| Earnings per share, diluted USD per share | (3.33) | 2.62 |
| Weighted average shares, basic millions of shares | 145 | 186 |
| Weighted average shares, diluted millions of shares | 145 | 202 |
Balance sheet
CSVFiscal years (RDDT's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 562 | 954 |
| Marketable securities | 1,279 | 1,523 |
| Accounts receivable | 350 | 590 |
| Prepaid and other current assets | 33 | 69 |
| Total current assets | 2,223 | 3,136 |
| Property and equipment, net | 13 | 13 |
| Right-of-use asset | 23 | 21 |
| Goodwill | 42 | 42 |
| Total assets | 2,337 | 3,239 |
| Accounts payable | 45 | 63 |
| Accrued liabilities | 124 | 201 |
| Total current liabilities | 176 | 271 |
| Lease liability, non-current | 21 | 16 |
| Total liabilities | 206 | 310 |
| Accumulated deficit | (1,201) | (671) |
| Total stockholders' equity | 2,131 | 2,929 |
| Total liabilities and equity | 2,337 | 3,239 |
Cash flows
CSVFiscal years (RDDT's year ends in late December)
| In millions of dollars | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|
| Net income (loss) | (484) | 530 |
| Stock-based compensation | 802 | 343 |
| Depreciation and amortization | 16 | 16 |
| Net cash from operating activities | 222 | 691 |
| Purchases of property and equipment | 6 | 7 |
| Net cash from investing activities | (441) | (219) |
| Net cash from financing activities | 380 | (81) |
| Net change in cash | 161 | 391 |
Compare with peers
SIC 7374 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7374 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| 1,358 | 895 | 364 | not reported | 10-QSep 30, 2026 | |
| Leidos Holdings | 630 | 4,617 | 523* | 122.0M | 10-QOct 2, 2026 |
| Zoom Communications | 932 | 1,277 | 495* | not reported | 10-QJul 31, 2026 |
| Toast | 1,203 | 1,981 | 198* | not reported | 10-QSep 30, 2026 |
| MongoDB | 1,002 | 772 | 142* | 80.6M | 10-QJul 31, 2026 |
| 654 | 1,174 | 316* | not reported | 10-QSep 30, 2026 | |
| Twilio | 1,062 | 1,560 | 389* | 154.7M | 10-QSep 30, 2026 |
| PTC | 351 | 600 | 261* | 108.5M | 10-QJun 30, 2026 |
| Zscaler | 928 | 898* | 279* | 163.1M | 10-KJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.