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Reddit Inc
NYSE:RDDT

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Reddit Inc
NYSE:RDDT
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Price: 119.3 USD 2.8% Market Closed
Market Cap: 19.8B USD
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Income Statement

Earnings Waterfall
Reddit Inc

Revenue
981.4m USD
Cost of Revenue
-112.4m USD
Gross Profit
869m USD
Operating Expenses
-1.5B USD
Operating Income
-636.9m USD
Other Expenses
62.9m USD
Net Income
-574m USD

Income Statement
Reddit Inc

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Income Statement
Currency: USD
Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024
Revenue
Revenue
667
N/A
684
+3%
719
+5%
755
+5%
804
+7%
883
+10%
981
+11%
Gross Profit
Cost of Revenue
(105)
(109)
(112)
(111)
(111)
(112)
(112)
Gross Profit
562
N/A
575
+2%
606
+5%
644
+6%
693
+8%
771
+11%
869
+13%
Operating Income
Operating Expenses
(734)
(783)
(811)
(817)
(833)
(1 430)
(1 506)
Selling, General & Administrative
(369)
(384)
(388)
(380)
(389)
(658)
(700)
Research & Development
(365)
(395)
(416)
(427)
(430)
(758)
(791)
Depreciation & Amortization
0
(3)
(7)
(10)
(14)
(14)
(15)
Operating Income
(172)
N/A
(208)
-21%
(204)
+2%
(173)
+15%
(140)
+19%
(659)
-370%
(637)
+3%
Pre-Tax Income
Total Other Income
14
25
37
46
53
57
64
Pre-Tax Income
(158)
N/A
(183)
-16%
(167)
+9%
(127)
+24%
(87)
+32%
(602)
-592%
(572)
+5%
Net Income
Tax Provision
(1)
(1)
(2)
(4)
(4)
(3)
(2)
Income from Continuing Operations
(159)
(184)
(170)
(132)
(91)
(605)
(574)
Net Income (Common)
(159)
N/A
(184)
-16%
(170)
+8%
(132)
+22%
(91)
+31%
(605)
-566%
(574)
+5%
EPS (Diluted)
-1
N/A
-1.15
-15%
-1.06
+8%
-0.83
+22%
-0.57
+31%
-3.71
-551%
-3.49
+6%

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