Reddit, Inc. financials

Key figures from Reddit, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJun 2026Jun 2025Change
Revenue$805M$500M+61.1%
Net income$253M$89M+183.2%
Free cash flow$261M$111M+135.3%
Gross margin91.3%90.8%+0.5 pts
Operating margin28.8%13.6%+15.2 pts
Net margin31.4%17.9%+13.5 pts

Quarterly trend

Revenue by quarter
$208MSep 2023$250MDec 2023*$243MMar 2024$281MJun 2024$348MSep 2024$428MDec 2024*$392MMar 2025$500MJun 2025$585MSep 2025$726MDec 2025*$663MMar 2026$805MJun 2026
Net income by quarter
-$7MSep 2023$19MDec 2023*-$575MMar 2024-$10MJun 2024$30MSep 2024$71MDec 2024*$26MMar 2025$89MJun 2025$163MSep 2025$252MDec 2025*$204MMar 2026$253MJun 2026
Free cash flow by quarter
-$12MSep 2023-$22MDec 2023*$29MMar 2024$27MJun 2024$70MSep 2024$89MDec 2024*$127MMar 2025$111MJun 2025$183MSep 2025$264MDec 2025*$311MMar 2026$261MJun 2026
Margins by quarter
-293%-75%143%Sep 2023Dec 2023*Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 202687.3%88.4%88.6%89.5%90.1%92.6%90.5%90.8%91.0%91.9%91.5%91.3%-9.4%1.2%-242.5%-11.0%2.0%12.4%1.0%13.6%23.7%31.9%27.6%28.8%-3.6%7.4%-236.7%-3.6%8.6%16.7%6.7%17.9%27.8%34.7%30.7%31.4%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$2.2B$530M24.1%$684M$2.62
FY Dec 2024$1.3B-$484M-37.2%$216M-$3.33
FY Dec 2023$804M-$91M-11.3%-$85M-$1.54
FY Dec 2022$667M-$159M-23.8%-$100M-$2.77

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.