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Reddit, Inc. income statement

In fiscal 2025, Reddit, Inc. reported revenue of $2.20bn, up 69.4% on the year before, operating income of $442m (a 20.1% margin) and net income of $530m, or $2.62 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue6678041,3002,2033,089
Cost of revenue105111124194261
Gross profit5626931,1772,0082,828
Research and development365438935783901
Selling and marketing225230351504721
General and administrative144165451279298
Operating income−172−140−561442908
Income before tax−158−87−4855291,006
Income tax14−1−115
Net income−159−91−484530992
Diluted EPS−$2.77−$1.54−$3.33$2.62$4.89
Diluted shares (average)57m59m145m202m203m
EBITDA−164−126−545458925

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Reddit, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Reddit, Inc.