Reddit, Inc. (RDDT)
NYSE: RDDT · Services-Computer Processing & Data Preparation · San Francisco, CA · filing with the SEC since 2017
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Report filed | Feb 6, 2026 | Feb 13, 2025 | · | · |
| Revenue | 2,202,506 | 1,300,205 | 804,029 | 666,701 |
| Cost of revenue | 194,216 | 123,595 | 111,011 | 104,799 |
| Research and development | 783,145 | 935,152 | 438,346 | 365,164 |
| Sales and marketing | 503,863 | 350,579 | 230,175 | 225,078 |
| General and administrative | 279,298 | 451,447 | 164,658 | 143,822 |
| Total costs and expenses | 1,760,522 | 1,860,773 | 944,190 | 838,863 |
| Operating income | 441,984 | -560,568 | -140,161 | -172,162 |
| Total non-operating income (expense) | 86,706 | 75,361 | 53,138 | 14,234 |
| Income before income taxes | 528,690 | -485,207 | -87,023 | -157,928 |
| Income tax expense | -1,031 | -931 | 3,801 | 622 |
| Net income | 529,721 | -484,276 | -90,824 | -158,550 |
| Earnings per share, basic | 2.84 | -3.33 | -1.54 | -2.77 |
| Earnings per share, diluted | 2.62 | -3.33 | -1.54 | -2.77 |
| Weighted average shares, basic | 186,383,271 | 145,472,389 | 59,138,086 | 57,251,112 |
| Weighted average shares, diluted | 202,107,978 | 145,472,389 | 59,138,086 | 57,251,112 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding