Reddit, Inc. financial data

Industry
Services-Computer Processing & Data Preparation
Location
303 2 Nd Street, South Tower, 5 Th Floor, San Francisco, California
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Shares

Label TTM Value / Value Unit Change %
Weighted Average Number of Shares Outstanding, Basic 70.2 M shares +20.9%
Weighted Average Number of Shares Outstanding, Diluted 70.2 M shares +20.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 243 M USD +48.4%
Research and Development Expense 437 M USD +302%
Selling and Marketing Expense 124 M USD +114%
General and Administrative Expense 243 M USD +497%
Costs and Expenses 832 M USD +255%
Operating Income (Loss) -589 M USD -735%
Nonoperating Income (Expense) 14.6 M USD +35.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -575 M USD -860%
Income Tax Expense (Benefit) 365 K USD -63.1%
Net Income (Loss) Attributable to Parent -575 M USD -845%
Earnings Per Share, Basic -8.19 USD/shares -680%
Earnings Per Share, Diluted -8.19 USD/shares -680%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 969 M USD +84.4%
Accounts Receivable, after Allowance for Credit Loss, Current 215 M USD
Other Assets, Current 1.76 M USD
Assets, Current 1.92 B USD
Property, Plant and Equipment, Net 14.4 M USD
Operating Lease, Right-of-Use Asset 22.8 M USD
Intangible Assets, Net (Excluding Goodwill) 29.9 M USD
Goodwill 26.3 M USD
Other Assets, Noncurrent 2.51 M USD
Assets 2.02 B USD
Accounts Payable, Current 45.4 M USD
Employee-related Liabilities, Current 55.2 M USD
Accrued Liabilities, Current 107 M USD
Contract with Customer, Liability, Current 8.47 M USD
Liabilities, Current 156 M USD
Operating Lease, Liability, Noncurrent 20.8 M USD
Other Liabilities, Noncurrent 276 K USD
Liabilities 178 M USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -472 K USD
Retained Earnings (Accumulated Deficit) -1.29 B USD
Stockholders' Equity Attributable to Parent 1.84 B USD
Liabilities and Equity 2.02 B USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.1 M USD +687%
Net Cash Provided by (Used in) Financing Activities 421 M USD
Net Cash Provided by (Used in) Investing Activities 114 M USD +28.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 567 M USD +534%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 969 M USD +84.4%
Depreciation 1.5 M USD +50%
Payments to Acquire Property, Plant, and Equipment 2.85 M USD +701%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -576 M USD -887%
Property, Plant and Equipment, Gross 22.7 M USD
Operating Lease, Liability, Current 4.38 M USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 100 M shares
Additional Paid in Capital 3.13 B USD
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.2 M USD -4.35%
Depreciation, Depletion and Amortization 3.74 M USD +12.1%
Share-based Payment Arrangement, Expense 578 M USD +4527%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares