Reddit, Inc. — RDDT
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $231.71 | $43.36B | 103.0 | 345.8 | 30.3% | 46.6% | - | 18.2 |
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $228.9M | $-59.2M | $-0.40 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $484.9M | $-127.9M | $-0.87 | 111.8% | 116.1% | 116.1% |
| 2 | 2022-12-31 | $666.7M | $-158.6M | $-1.07 | 37.5% | 24.0% | 24.0% |
| 3 | 2023-12-31 | $804.0M | $-90.8M | $-0.62 | 20.6% | -42.7% | -42.2% |
| 4 | 2024-12-31 | $1.3B | $-484.3M | $-3.33 | 61.7% | 433.2% | 437.1% |
| 5 | TTM 2025-03-31 | $1.4B | $116.9M | $4.99 | 11.5% | -124.1% | -249.8% |
| 6 | Average | 48.6% | 81.3% | 57.0% |
EPS
Forecasts
Y/Y % Change
RDDT Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 111.8% | 37.5% | 20.6% | 61.7% | 56.9% | 33.3% | 53.6% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 10 | 10 | |
| EPS Growth (%) | 116.1% | 24.0% | -42.7% | 433.2% | -170.0% | 68.0% | 71.4% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 12 | 12 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | R&D ($) | Sales & Marketing ($) | G&A ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|---|---|
| 2021 | $484.9M | $69.8M | $257.0M | $137.9M | $144.7M | $282.6M | $2.8M |
| 2022 | $666.7M | $96.8M | $365.2M | $225.1M | $143.8M | $368.9M | $8.0M |
| 2023 | $804.0M | $97.3M | $438.3M | $230.2M | $164.7M | $394.8M | $13.7M |
| 2024 | $1.3B | $108.0M | $935.2M | $350.6M | $451.4M | $802.0M | $15.6M |
| TTM | $1.7B | $133.4M | $743.2M | $366.3M | $277.7M | $644.0M | $16.0M |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | R&D Change (%) | Sales & Marketing Change (%) | G&A Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|---|---|
| 2022 | 37.49 | 38.78 | 42.10 | 63.26 | -0.62 | 30.54 | 184.39 |
| 2023 | 20.60 | 0.53 | 20.04 | 2.26 | 14.49 | 7.03 | 71.28 |
| 2024 | 61.71 | 10.94 | 113.34 | 52.31 | 174.17 | 103.13 | 14.17 |
| TTM | 28.29 | 23.61 | -20.52 | 4.49 | -38.49 | -19.70 | 2.45 |
No unmapped expenses.
Segment Performance
SEGMENTS v2025-09-09 · 2025-09-05 15:06 UTC — Values are shown in a single scale for this table: $B. TTM values are bold. “% of Total (TTM)” shows revenue mix.
| Segment | 2022 Rev ($B) | 2022 OI ($B) | 2023 Rev ($B) | 2023 OI ($B) | 2024 Rev ($B) | 2024 OI ($B) | TTM Rev ($B) | TTM OI ($B) | % of Total (TTM) |
|---|---|---|---|---|---|---|---|---|---|
| Advertising | 0.65B | 0.00B | 0.79B | 0.00B | 1.19B | 0.00B | 1.74B | 0.00B | 92.5% |
| Other Revenue | 0.01B | 0.00B | 0.02B | 0.00B | 0.11B | 0.00B | 0.14B | 0.00B | 7.5% |
No segment data available for RDDT (axis 2).
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $2,437M |
| 1 | Cash | $636M |
| 2 | Total Liabilities | $220M |
| 3 | Total Debt | $27M |
| 4 | Total Equity | $2,217M |
| 5 | Debt to Equity Ratio | 0.01 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $139.15 | 4.4% | Nicks Growth: 10% Nick's Expected Margin: 10% FINVIZ Growth: 30% |
Nicks: 17 Finviz: 99 |
Nick's: 1.728 | 17.7 | 27.8 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $4.99 EPS | TTM | $86.25 | -38.0% | $496.33 | 256.7% |
| $1.21 EPS | 2025 | $20.91 | -85.0% | $120.35 | -13.5% |
| $2.17 EPS | 2026 | $37.51 | -73.0% | $215.84 | 55.1% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 22.43% | 43.22% | 16.68% | 41.67% | 7.01% | 2.73% | 30.07% | 46.72% | 82.8% | 94.8% |
| 3 Years | 22.43% | 43.22% | 16.68% | 41.67% | 7.01% | 2.73% | 30.07% | 46.72% | 82.8% | 94.8% |
| 5 Years | 22.43% | 43.22% | 16.68% | 41.67% | 7.01% | 2.73% | 30.07% | 46.72% | 82.8% | 94.8% |
| 10 Years | 22.43% | 43.22% | 16.68% | 41.67% | 7.01% | 2.73% | 30.07% | 46.72% | 82.8% | 94.8% |