— Know what they know.
/
Not Investment Advice

RDDT

NYSE · USD
Reddit, Inc.
Communication Services · Internet Content & Information
CEO Steven Ladd Huffman Employees 2,555 R&D / revenue 35.6%
Last price
$156.05−2.08%last session
Market cap
$30.0B
P/E (TTM)
34.1x
From 52w high
−40.8%
From 52w low
+30.8%
1-year return
−21.6%
RSI 14 · vs SMA200
51.9 · −5.3%
IS score
85.9/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

RDDT   SPY   XLC (sector ETF) · weekly closes
6080100120Jan 26Apr 26Jul 26Oct 26SPY 116XLC 97RDDT 78

Score DNA

Each bar is a 0-100 score within the scored universe
97
Profitability
79
Growth
33
Value
98
Momentum
100
Risk (safety)
93
Quality
92
Balance sheet
65
Earnings quality

Flags

Strengths
✓ Net cash✓ Congress buying
Warnings
▲ Share count rising
Observations
Moat model: Narrow, Intangible AssetsPiotroski 7 / 9Altman Z 62.5Beta 2.023 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
152 open-market sales, $89.7M
Form 144 notices (12m): 25, $248.9M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
2
Last disclosed purchase 2026-04-17
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+100
204 new holders, 99 closed
895 filers hold 66.2% · 355 added, 243 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+292
916 funds adding shares
624 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
62.5%
20-day avg 58.9%, 50-day avg 61.5%
Latest 3.6 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$2.2B
Revenue growth YoY+69.4%
Gross margin91.2%
Operating income$442.0M
Operating margin20.1%
Net income$529.7M
Net margin24.1%
EPS (diluted)$2.62
Cash flow
Operating cash flow$690.9M
Capital expenditure$6.7M
Free cash flow$684.2M
FCF conversion (FCF / OCF)99.0%
Stock-based compensation$343.2M
FCF less SBC$341.0M
Buybacks$0
Dividends$0
Balance sheet & returns
Cash & short-term investments$2.5B
Total debt$0
Net cash$2.5B
Shareholders' equity$2.9B
Goodwill & intangibles$57.7M
Debt / equity0.01
ROE (TTM)29.0%
ROIC (TTM)23.6%
Operating margin by fiscal year
-43.1%FY202420.1%FY2025
Revenue $484.9M (FY2021) to $2.2B (FY2025), a 46.0% CAGR.

Valuation

P/E (TTM)34.1x
EV / EBITDA31.9x
Price / sales10.80x
Price / FCF29.5x
FCF yield3.39%
Buyback yield0.00%
SBC / revenue12.2%
Price / book9.14x
Forward P/E FY202628.9x
Forward P/E FY202721.8x
Forward P/E FY202817.2x
Forward multiples divide today's price by Street EPS estimates. Street mean target $198.63 across 16 analysts last quarter is theirs, not ours.

RDDT vs industry median

171 companies in Internet Content & Information
Gross margin 91.4% 46.9% Operating margin 28.2% -2.7% Net margin 31.3% -3.6% ROIC 23.6% 5.5%
RDDT (TTM)Industry median Asset turnover 0.76 vs industry 0.61 · financial leverage 1.11

Earnings delivery

Next report 2026-10-29 · consensus EPS $1.33
90%
beat rate, 9 of 10 quarters
+79.7%
median EPS surprise
6
longest beat streak
+103+82+329+43+647+137-23+32+78+32
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2024-05-07 to 2026-07-30. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
RDDT Reddit, Inc. $30.0B34.1x29.0%31.3%+69.4% −21.6%
PINS Pinterest, Inc. $12.4B62.6x6.5%-4.0%+16.6% −32.8%
DASH DoorDash, Inc. $82.0B97.5x8.9%4.5%+33.6% −29.1%
SNAP Snap Inc. $10.3Bn/m-15.6%-10.3%+12.6% −21.1%
MTCH Match Group, Inc. $9.9B14.4x-302.5%20.0%+1.7% +35.8%
Z Zillow Group, Inc. Class C $7.0B136.4x1.2%-0.5%+17.7% —
JOYY JOYY, Inc. Sponsored ADR Cla $4.0B19.3x-2.4%8.8%−0.5% —
IAC IAC Inc. $3.4B8.3x8.2%—−32.1% —
12-month window: SPY +15.9%, sector ETF XLC −3.4%. Past returns describe history only.

Recent 8-K filings

2026-08-12Officer/Director Change; Exhibits
2026-07-30Earnings Release; Exhibits
2026-06-10Shareholder Vote; Exhibits
2026-04-30Earnings Release; Exhibits
2026-02-05Results of Operations and Financial Condition; Other Events; Financial Statements and Exhibits
2025-10-30Results of Operations and Financial Condition; Financial Statements and Exhibits

Context

Shares outstanding192,396,512
Free float88.3%
Institutional ownership66.2%
Beta2.02
Dividend yield0.00%
Last dividendNone on file
50 / 200-day average$154.29 / $165.20
Large-cap Communication Services median P/E16.1x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where RDDT sits among 32 scored companies in Internet Content & Information (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureRDDTIndustry medianIndustry percentileSector median
P/E (TTM) 34.5x 14.6x
79th		 16.6x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 10.8x 2.2x
87th		 1.6x
Price / book 9.1x 1.9x
93rd		 2.1x
Price / tangible book 10.8x 3.7x
88th		 3.7x
Price / free cash flow 29.5x 13.2x
73rd		 10.4x
Price / operating cash flow 29.3x 11.6x
85th		 8.9x
Enterprise value $27.3B $1.7B
87th		 $3.9B
EV / sales 9.8x 2.2x
87th		 2.2x
EV / EBITDA 30.5x 11.2x
85th		 10.0x
EV / EBIT 31.0x 13.3x
74th		 15.8x
EV / free cash flow 26.8x 12.1x
69th		 17.3x
Earnings yield 2.9% 2.5%
52nd		 2.4%
FCF yield 3.4% 5.0%
39th		 6.6%
Operating cash flow yield 3.4% 7.4%
26th		 10.7%
Graham number (per share) $39.72 $18.65
78th		 $31.22

Profitability (TTM)

MeasureRDDTIndustry medianIndustry percentileSector median
Gross margin 91.4% 72.9%
94th		 51.5%
EBITDA margin 32.2% 11.9%
86th		 18.1%
Operating margin 28.2% 5.2%
87th		 9.7%
EBIT margin 31.6% 6.8%
90th		 9.3%
Net margin 31.3% 5.8%
90th		 5.3%
NOPAT margin 28.0% 4.5%
97th		 7.1%
FCF margin 36.7% 12.3%
100th		 10.5%
Operating cash flow margin 36.9% 18.5%
86th		 17.4%
R&D / revenue 30.0% 15.8%
77th		 0.0%
SG&A / revenue 33.2% 36.3%
41st		 26.0%
Stock comp / revenue 12.2% 6.3%
67th		 1.7%
Effective tax rate 0.8% 21.0%
3rd		 21.0%

Returns on capital

MeasureRDDTIndustry medianIndustry percentileSector median
ROE (on average equity) 30.7% 7.3%
83rd		 7.6%
ROA 27.8% 4.0%
87th		 3.1%
ROIC 149.7% 7.6%
97th		 7.6%
ROCE 26.6% 6.9%
81st		 7.2%
Return on tangible assets 28.0% 4.7%
87th		 5.5%
Cash ROIC (OCF / invested capital) 197.2% 32.0%
94th		 15.6%
Gross profitability (GP / assets) 69.9% 40.0%
81st		 26.4%
ROIC, 3-yr average —
ROIC, 5-yr average —
ROE, 5-yr average —
Incremental ROIC 63.1% -0.1%
90th		 1.0%

Growth

MeasureRDDTIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 66.6% 13.0%
100th		 7.2%
Revenue growth (QoQ) 21.3% 6.4%
84th		 4.0%
Revenue CAGR, 3 yr —
Revenue CAGR, 5 yr —
Gross profit CAGR, 3 yr —
Operating income CAGR, 3 yr —
Net income growth (TTM YoY) 302.6% 38.0%
100th		 12.6%
Net income CAGR, 3 yr —
EPS growth (TTM YoY) 272.8% 55.7%
94th		 15.5%
EPS CAGR, 3 yr —
EPS CAGR, 5 yr —
FCF growth (TTM YoY) 156.7% 18.1%
96th		 20.6%
FCF CAGR, 3 yr —
Operating cash flow CAGR, 3 yr —
Book value CAGR, 3 yr —
Dividend CAGR, 3 yr —
Sustainable growth rate 30.7% 15.5%
76th		 7.7%

Margin history & stability

MeasureRDDTIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 90.5% 72.7%
93rd		 52.4%
Operating margin, 3-yr average -27.4% 2.0%
14th		 7.5%
Net margin, 3-yr average -22.4% 3.9%
14th		 4.7%
FCF margin, 3-yr average 23.7% 11.8%
87th		 9.7%
Revenue stability (0-1) 1.00 0.93
100th		 0.83
Earnings stability (0-1) 1.00 0.50
100th		 0.30
Margin stability (0-1) 0.99 0.96
93rd		 0.88

Liquidity (latest quarter)

MeasureRDDTIndustry medianIndustry percentileSector median
Cash & short-term investments $2.8B $424.6M
87th		 $479.5M
Net cash (− = net debt) $2.8B $130.6M
94th		 −$532.8M
Working capital $3.2B $219.9M
90th		 $125.0M
Current ratio 10.49 2.00
97th		 1.28
Quick ratio 10.49 2.00
97th		 1.28
Cash ratio (cash + ST investments / current liabilities) 8.25 1.03
97th		 0.70
Defensive interval (days) 714 days 380 days
71st		 395 days

Leverage & solvency (latest quarter)

MeasureRDDTIndustry medianIndustry percentileSector median
Total debt $20.9M $379.7M
23rd		 $1.2B
Debt / equity 0.01 0.18
7th		 0.67
Net debt / equity −0.84 −0.16
7th		 0.37
Debt / assets 0.6% 12.2%
16th		 30.9%
Debt / capital 0.6% 15.0%
7th		 40.7%
Debt / EBITDA 0.02 0.84
5th		 3.03
Net debt / EBITDA −3.09 −0.35
10th		 1.41
Interest coverage (EBIT / interest) —
Cash interest coverage —
Debt payback (years of OCF) 0.0 yrs 1.0 yrs
4th		 2.8 yrs
Liabilities / assets 9.6% 38.4%
0th		 56.1%
IS credit model rating AA+ — —
Implied credit spread (bps) 65 125
13th		 400

Efficiency

MeasureRDDTIndustry medianIndustry percentileSector median
Asset turnover 0.89 0.62
74th		 0.52
Fixed asset turnover 91.43 10.70
100th		 3.99
Inventory turnover —
Receivables turnover 5.3 8.3
16th		 8.1
Days sales outstanding 69 days 41 days
90th		 44 days
Days inventory outstanding —
Days payables outstanding 117 days 49 days
81st		 57 days
Cash conversion cycle (days) −48 days 3 days
19th		 1 days
Capex / revenue 0.3% 2.0%
16th		 3.5%
Capex / depreciation 0.45 0.55
43rd		 0.60
Operating expense ratio 62.5% 68.3%
41st		 45.3%

Cash flow & earnings quality

MeasureRDDTIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.18 1.91
32nd		 2.40
FCF / net income 1.17 1.71
37th		 1.69
FCF / operating cash flow 99.3% 90.1%
85th		 72.9%
Capex / operating cash flow 0.7% 9.9%
15th		 27.1%
Accruals ratio -4.9% -9.6%
71st		 -8.0%
Sloan accruals ratio 27.7% -5.6%
100th		 -5.6%
Earnings quality score (0-1) 1.00 0.75
89th		 0.75

Dividends & buybacks

MeasureRDDTIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.0%
0th		 0.0%
Dividend per share (TTM) $0.00 $0.00
0th		 $0.00
Payout ratio (dividends / net income) 0.0% 0.0%
0th		 5.7%
Dividends / FCF 0.0% 0.0%
0th		 0.0%
Dividend growth (YoY) —
Buyback yield 0.8% 2.3%
35th		 1.7%
Shareholder yield (dividends + buybacks) 0.8% 4.1%
32nd		 3.5%
Share count change (YoY) 8.0% -0.2%
73rd		 -0.8%
Buybacks, last 5 years $244.6M $248.8M
48th		 $152.3M

Scores & forensic checks

MeasureRDDTIndustry medianIndustry percentileSector median
IS score 86 57
100th		 44
IS profitability 97 33
94th		 36
IS growth 79 65
93rd		 56
IS value 33 49
19th		 44
IS momentum 98 73
100th		 66
IS risk (safety) 100 65
61st		 30
IS quality 93 69
100th		 58
IS balance sheet 92 79
84th		 48
IS earnings quality 65 52
77th		 58
IS cash flow 96 67
94th		 56
Piotroski F-score (0-9) 7 6
74th		 5
Altman Z-score 62.5 2.8
100th		 1.7
Beneish M-score −2.24 −2.67
60th		 −2.74
Ohlson O-score −17.18 −8.88
0th		 −7.27
IS credit score 93 75
77th		 49

Per share

MeasureRDDTIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $4.31 $0.51
87th		 $0.86
Book value per share $16.26 $6.25
74th		 $14.63
Tangible book per share $16.81 $3.38
84th		 $1.25
Revenue per share $13.75 $11.89
68th		 $17.81
FCF per share $5.04 $1.81
90th		 $1.98
Operating cash flow per share $5.08 $1.87
81st		 $2.77
Cash per share $13.79 $2.24
84th		 $3.75

Size (TTM)

MeasureRDDTIndustry medianIndustry percentileSector median
Market cap $30.0B $1.9B
87th		 $2.7B
Revenue $2.8B $1.3B
71st		 $1.8B
EBITDA $894.5M $137.4M
84th		 $326.9M
Net income $871.1M $60.0M
90th		 $65.3M
Free cash flow $1.0B $211.2M
81st		 $211.5M
Total assets $3.6B $2.1B
61st		 $3.6B
Shareholders' equity $3.3B $1.1B
74th		 $1.1B
Employees 2,555 1,900
61st		 3,872

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 26,105$148.86$3.9M1,046,121
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 6,399$150.08$960,3621,039,722
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 11,200$150.87$1.7M1,028,522
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 5,495$152.14$836,0091,023,027
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 5,701$152.82$871,2271,017,326
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 2,100$154.03$323,4631,015,226
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 1,639$154.88$253,8481,013,587
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Open-market sale 1,361$155.91$212,1941,012,226
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Option exercise 45,437$20.76$943,2721,057,663
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Option exercise 14,563$25.29$368,2981,072,226
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Option exercise 45,437$20.76$943,2720
2026-10-14Wong Jennifer L.
Chief Operating Officer
 Option exercise 14,563$25.29$368,2981,428,511

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1913,711—
ConversionDisposed25,909—
ConversionAcquired25,909—
Open-market saleDisposed152532,360$89.7M
Option exerciseAcquired599,954$2.2M
Option exerciseDisposed599,954$2.3M
Tax withholdingDisposed10187,839$28.8M
—Disposed10—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 25 notices · 1,435,516 shares · $248.9M
FiledFilerShares proposedEst. proceeds
2026-09-15The Xyz Revocable Trust121,156$19.7M
2026-08-31The Xyz Revocable Trust18,000$2.8M
2026-08-25Robert A Sauerberg Jr 2002 Rev Tr5,128$820,070
2026-08-14Jennifer Wong195,000$30.8M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 3 trades (2 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-08-07Michael McCaulHouseSale$15,001 - $50,0002026-10-16
2026-04-17Michael McCaulHousePurchase$1,001 - $15,0002026-05-11
2026-04-17Michael T. McCaulHousePurchase$1,001 - $15,0002026-05-11
2025-04-08Rob BresnahanHouseSale (Full)$1,001 - $15,0002025-05-08
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.8,004,079$1.4B4.16%
BAILLIE GIFFORD & CO7,191,302$1.2B3.74%
VANGUARD PORTFOLIO MANAGEMENT LLC6,937,449$1.2B3.61%
VANGUARD CAPITAL MANAGEMENT LLC6,038,213$1.0B3.14%
Capital World Investors4,432,810$769.4M2.30%
GOLDMAN SACHS GROUP INC3,240,014$562.4M1.68%
STATE STREET CORP2,979,587$517.2M1.55%
FMR LLC2,830,225$491.3M1.47%
T. Rowe Price Investment Management, Inc.2,586,387$448.9M1.34%
TIGER GLOBAL MANAGEMENT LLC2,528,819$439.0M1.31%
GEODE CAPITAL MANAGEMENT, LLC2,491,075$431.7M1.29%
D1 Capital Partners L.P.2,464,411$427.8M1.28%
Quantinno Capital Management LP2,125,956$369.0M1.10%
CITIGROUP INC2,068,997$359.1M1.08%
UBS Group AG1,727,138$299.8M0.90%

Institutional ownership by quarter

2023-122026-0666.2%
% of shares held by 13F filers
2023-122026-06895
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3089566.2%20435524399
2026-03-3179562.4%141331243212
2025-12-3188166.0%19836622092
2025-09-3078861.7%25627418991
2025-06-3063357.0%183227163120
2025-03-3157553.0%199193132108
2024-12-3149449.7%2601069639
2024-09-3028436.4%140901729
2024-06-3017816.3%85392035
2024-03-3112811.1%128000
2023-12-3110.0%1000

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-05-07SCHEDULE 13GBAILLIE GIFFORD & CO5.2%7,309,109
2026-05-06SCHEDULE 13D/ASteve Ladd Huffman24.8%48,143,643
2026-04-07SCHEDULE 13G/AAbigail P. Johnson2.3%4,422,186
2026-02-05SCHEDULE 13G/AAbigail P. Johnson8.9%12,506,740
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
XLC2.87%$687.3M
VITSX0.03%$627.8M
VTI0.03%$627.8M
VTSAX0.03%$627.8M
VSMPX0.03%$627.8M
VFINX0.03%$547.0M

Share structure

Shares outstanding192,396,512
Float169,959,807
Free float88.3%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$484.9M$666.7M$804.0M$1.3B$2.2B
Cost of revenue$72.6M$104.8M$111.0M$123.6M$194.2M
Gross profit$412.4M$561.9M$693.0M$1.2B$2.0B
R&D$257.0M$365.2M$438.3M$935.2M$783.1M
SG&A$282.6M$368.9M$394.8M$802.0M$783.2M
Operating income−$127.2M−$172.2M−$140.2M−$560.6M$442.0M
EBITDA−$124.4M−$164.2M−$126.5M−$544.9M$457.9M
Pretax income−$127.6M−$157.9M−$87.0M−$485.2M$528.7M
Income tax$340,000$622,000$3.8M−$931,000−$1.0M
Net income−$127.9M−$158.6M−$90.8M−$484.3M$529.7M
EPS, diluted$-0.78$-0.97$-0.56$-2.69$2.62
Diluted shares163.3M163.3M163.3M180.3M202.1M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$1.4B$1.3B$1.2B$1.8B$2.5B
Receivables$162.4M$199.1M$253.0M$365.7M$590.2M
Inventory$0$0$0$0$0
Total current assets$1.6B$1.5B$1.5B$2.2B$3.1B
PP&E, net$22.8M$30.5M$39.0M$35.9M$33.5M
Goodwill & intangibles$12.1M$67.5M$56.6M$67.6M$57.7M
Total assets$1.6B$1.6B$1.6B$2.3B$3.2B
Accounts payable$22.9M$32.9M$46.5M$45.4M$62.9M
Total current liabilities$70.5M$106.5M$133.6M$176.0M$271.3M
Long-term debt$0$0$0$0$0
Total liabilities$77.6M$125.3M$155.9M$205.8M$310.1M
Shareholders' equity$1.6B$1.5B$1.4B$2.1B$2.9B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$127.9M−$158.6M−$90.8M−$484.3M$529.7M
Depreciation & amortization$2.8M$8.0M$13.7M$15.6M−$12.3M
Stock-based compensation$149.9M$55.3M$47.6M$801.6M$343.2M
Change in working capital−$63.7M−$10.1M−$30.0M−$67.5M−$176.8M
Operating cash flow−$130.2M−$94.0M−$75.1M$222.1M$690.9M
Capital expenditure−$2.3M−$6.2M−$9.7M−$6.2M−$6.7M
Free cash flow−$132.5M−$100.3M−$84.8M$215.8M$684.2M
Investing cash flow$170.7M−$804.2M$41.3M−$440.7M−$218.9M
Net debt issued / repaid$0$0$0$0$0
Buybacks−$95.2M$0$0$0$0
Dividends paid$0$0$0$0$0

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2024FY2025
Gross margin90.5%91.2%
Operating margin-43.1%20.1%
Net margin-37.2%24.1%
FCF margin16.6%31.1%
ROE-22.7%20.9%
ROIC-139.9%93.1%
ROA-20.7%19.0%
Debt / equity0.010.01
Interest coverage——
Current ratio12.6311.56
Revenue growth—+69.4%
EPS growth—+197.2%
P/E at year endn/m88.1x
EV / EBITDA at year endn/m87.9x
FCF yield at year end0.73%1.47%
Dividend payout—0.0%

Revenue by segment

FY2024FY2025
Advertising$1.2B$2.1B
Other Revenue$114.7M$140.0M

Revenue by region · FY2025

UNITED STATES$1.8B · 81%
Non-US$417.0M · 19%

Street estimates by fiscal year

Next report 2026-10-29 · consensus EPS $1.33 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$3.4B$3.2B – $3.5B$5.40$4.97 – $5.872328.9x
2027$4.5B$4.3B – $4.8B$7.14$4.48 – $8.842321.8x
2028$5.6B$4.8B – $6.2B$9.07$6.48 – $11.312117.2x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-30$0.95$1.25+31.7%$731.0M$804.9M+10.1%
2026-04-30$0.57$1.01+77.5%$607.7M$663.0M+9.1%
2026-02-05$0.94$1.24+32.3%$665.9M$725.6M+9.0%
2025-10-30$1.04$0.80−23.1%$546.7M$584.9M+7.0%
2025-07-31$0.19$0.45+136.6%$425.7M$499.6M+17.4%
2025-05-01$0.02$0.13+647.1%$369.5M$392.4M+6.2%
2025-02-12$0.25$0.36+43.0%$405.8M$427.7M+5.4%
2024-10-29$-0.07$0.16+328.6%$313.6M$348.4M+11.1%
2024-08-06$-0.33$-0.06+81.8%$309.4M$281.2M−9.1%
2024-05-07$-8.75$0.29+103.3%$214.0M$243.0M+13.5%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.706-151.006-220.906-291.107-060.907-131.107-202.007-271.008-031.308-101.608-170.608-240.808-31
Week ofNotionalSharesTrades
2026-08-31$751.4M4,926,438105,761
2026-08-24$558.5M3,575,74683,189
2026-08-17$1.6B10,201,580171,294
2026-08-10$1.3B7,390,955138,685
2026-08-03$997.4M6,414,739128,163
2026-07-27$2.0B12,487,711193,653

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1562.5%
DateShort shareShort volumeTotal volume
2026-10-1562.5%1,038,8471,663,028
2026-10-1461.8%944,8671,528,038
2026-10-1352.8%918,6291,741,336
2026-10-1271.4%1,398,7071,957,805
2026-10-0956.4%1,096,7351,945,325
2026-10-0854.1%919,8131,700,362
2026-10-0759.0%694,5611,177,895
2026-10-0647.3%897,0191,896,438
2026-10-0550.9%1,291,3772,535,259
2026-10-0261.3%848,9301,383,941
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
MonthAvg returnUp yearsYears
None on file.
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1451.9
MFI71.1
ADX9.2
Stochastic %K / %D57.7 / 58.2
Williams %R-37.5
CCI98
TSI / signal1.3 / -2.9
Chaikin money flow-0.06
ATR$8.21
Bollinger width13.8%
Volume vs 20-day avg0.90x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$152.24 (+2.5%)
SMA 50$154.40 (+1.1%)
SMA 200$164.82 (−5.3%)
EMA 21$153.76 (+1.5%)
EMA 50$156.12 (−0.0%)
EMA 200$164.62 (−5.2%)
Bollinger upper$162.75 (−4.1%)
Bollinger lower$141.74 (+10.1%)
Parabolic SAR$145.51 (+7.2%)
Open the live chart, 110+ indicators

About Reddit, Inc.

Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.

https://www.redditinc.com

Key executives

NameTitlePayBorn
Steven Ladd HuffmanCo-Founder, Chief Executive Officer, President & Director$3.1M1984
Jennifer L. WongChief Operating Officer$1.7M1976
Andrew VolleroChief Financial Officer$1.3M1967
Amit PuntambekarChief Technology Officer$1.2M—
Benjamin LeeExecutive Officer$885,2771968
Paul T. CappuccioChief Legal Officer & Corporate Secretary$885,2771962
Jim SquiresChief Marketing Officer——
Maria Angelidou-SmithChief Product Officer—1979

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Benjamin Lee Chief Legal Officer and Corporate Secretary2025$445,400$3.0M$439,877$3.9M
Christopher Slowe, Ph.D. Chief Technology Officer2025$517,500$2.8M$511,083$3.8M
Steven L. Huffman Chief Executive Officer and President2025$569,250$0$1.4M$3.1M
Jennifer Wong Chief Operating Officer2025$672,750$0$830,510$1.7M
Andrew Vollero Chief Financial Officer2025$670,400$0$662,087$1.3M

Employees

2k20243k2025

Dividends

Ex-dateAmountPaid
None on file.

Moat model

Narrow · Intangible Assets · 2026-06-30
Cost advantage78
Intangibles80
Switching costs79
Network effect50
Efficient scale45
Our component scores (0-100) and overall 69.6; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms