Reddit, Inc. (RDDT)

From the record

Reddit, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Reddit, Inc.'s 4 filed years say what it did: revenue went from $667 million in fiscal 2022 to $2.2 billion in fiscal 2025, up 48.9% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 1 of 4 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Reddit, Inc.'s diluted share count grew about 52.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 463 sales (459 under scheduled 10b5-1 plans) and 4 purchases of their own stock on the open market in the year to 2026-11-10, buying about $9 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Reddit, Inc. earned about 18 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 62 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 10 cents per dollar of assets, and net share issuance: its share count grew 38.9% over the year (the filed statements).

From the record

Reddit, Inc.'s standing among 68 graded names in its industry family: revenue of $2.2 billion in fiscal 2025 ranks in the top 16% by size; a net margin of 24.1% ranks in the top 15%; revenue growth of 48.9% a year over the last 3 filed years ranks in the top 11% (its annual reports).

From the record

Reddit, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $954 million against no long-term debt tagged leaves 29.4% of its assets as net cash, top 34% of its family; cash from operations less capital spending is 31.1% of revenue (top 7%); a gross margin of 91.2% (top 8%); research spending of 35.6% of revenue (top 22%) (its annual report).

From the record

Reddit, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 48.9% a year over the last three filed years against 48.9% over all 4, speeding up (top 31% of its family); the newest year grew 69.5% (top 13%); research spending grew 29% a year (top 8%); capital spending grew 2.5% a year (top 41%) (its annual reports). Reddit, Inc. reported 2 product lines in fiscal 2025: Advertising at $2.1 billion (94%), Other Revenue at $140 million (6%); 2 of 2 grew against the year before (its annual report).

From the record

Reddit, Inc.'s newest year against its own record: revenue of $2.2 billion in fiscal 2025 came in 21.3% above the $1.8 billion its prior three years' pace pointed to (top 21% of its family); net income of $530 million against a prior three-year average of $245 million (top 19%); a net margin of 24.1% against -24.1% before (top 21%) (its annual reports).