The Filings Report

Reddit, Inc.

RDDTNYSECIK 1713445Communication Services / Interactive Mediafiscal year ends December15 quarters since 2023

Revenue, Q3 FY2026
$895M
+53.0% on Q3 FY2025
Net income
$283M
+74.1% on Q3 FY2025
Free cash flow
$363M
+98.0% on Q3 FY2025
Diluted EPS
$1.40
+75.0% on Q3 FY2025
Revenue, TTM
$3.1B
trailing four quarters
Net margin, TTM
32.1%
net income $992M
Free cash flow, TTM
$1.2B
$1.2B less $7M capex
Cash and equivalents
$1.4B
long-term debt —, Sep 30, 2026
Shares, 12-month change
—
— shares, Sep 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
—
at the close, buybacks

Latest quarter Q3 FY2026, filed October 30, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, Reddit, Inc. reported revenue of $895M, +53.0% on Q3 FY2025, and net income of $283M (+74.1%). Operating margin was 29.2%. Free cash flow, operating cash flow less capital expenditures, was $363M ($364M less $1M). Diluted earnings per share were $1.40.

The last 15 quarters

Q1 FY2023 to Q3 FY2026, through the filing of October 30, 2026.

Revenue and net incomeRevenueNet income
−$1.0B−$500M$0$500M$1.0BQ1'23, Revenue: $164MQ1'23, Net income: −$61MQ1'23Q2'23, Revenue: $183MQ2'23, Net income: −$41MQ2'23Q3'23, Revenue: $208MQ3'23, Net income: −$7MQ3'23Q4'23, Revenue: $250MQ4'23, Net income: $19MQ4'23Q1'24, Revenue: $243MQ1'24, Net income: −$575MQ1'24Q2'24, Revenue: $281MQ2'24, Net income: −$10MQ2'24Q3'24, Revenue: $348MQ3'24, Net income: $30MQ3'24Q4'24, Revenue: $428MQ4'24, Net income: $71MQ4'24Q1'25, Revenue: $392MQ1'25, Net income: $26MQ1'25Q2'25, Revenue: $500MQ2'25, Net income: $89MQ2'25Q3'25, Revenue: $585MQ3'25, Net income: $163MQ3'25Q4'25, Revenue: $726MQ4'25, Net income: $252MQ4'25Q1'26, Revenue: $663MQ1'26, Net income: $204MQ1'26Q2'26, Revenue: $805MQ2'26, Net income: $253MQ2'26Q3'26, Revenue: $895MQ3'26, Net income: $283MQ3'26−$1.0B−$500M$0$500M$1.0BQ1'23, Revenue: $164MQ1'23, Net income: −$61MQ1'23Q2'23, Revenue: $183MQ2'23, Net income: −$41MQ3'23, Revenue: $208MQ3'23, Net income: −$7MQ3'23Q4'23, Revenue: $250MQ4'23, Net income: $19MQ1'24, Revenue: $243MQ1'24, Net income: −$575MQ1'24Q2'24, Revenue: $281MQ2'24, Net income: −$10MQ3'24, Revenue: $348MQ3'24, Net income: $30MQ3'24Q4'24, Revenue: $428MQ4'24, Net income: $71MQ1'25, Revenue: $392MQ1'25, Net income: $26MQ1'25Q2'25, Revenue: $500MQ2'25, Net income: $89MQ3'25, Revenue: $585MQ3'25, Net income: $163MQ3'25Q4'25, Revenue: $726MQ4'25, Net income: $252MQ1'26, Revenue: $663MQ1'26, Net income: $204MQ1'26Q2'26, Revenue: $805MQ2'26, Net income: $253MQ3'26, Revenue: $895MQ3'26, Net income: $283MQ3'26

Net income losses drawn in red.

Free cash flow
−$200M$0$200M$400MQ1'23, Free cash flow: $4MQ1'23Q2'23, Free cash flow: −$55MQ2'23Q3'23, Free cash flow: −$12MQ3'23Q4'23, Free cash flow: −$22MQ4'23Q1'24, Free cash flow: $29MQ1'24Q2'24, Free cash flow: $27MQ2'24Q3'24, Free cash flow: $70MQ3'24Q4'24, Free cash flow: $89MQ4'24Q1'25, Free cash flow: $127MQ1'25Q2'25, Free cash flow: $111MQ2'25Q3'25, Free cash flow: $183MQ3'25Q4'25, Free cash flow: $264MQ4'25Q1'26, Free cash flow: $311MQ1'26Q2'26, Free cash flow: $261MQ2'26Q3'26, Free cash flow: $363MQ3'26−$200M$0$200M$400MQ1'23, Free cash flow: $4MQ1'23Q2'23, Free cash flow: −$55MQ3'23, Free cash flow: −$12MQ3'23Q4'23, Free cash flow: −$22MQ1'24, Free cash flow: $29MQ1'24Q2'24, Free cash flow: $27MQ3'24, Free cash flow: $70MQ3'24Q4'24, Free cash flow: $89MQ1'25, Free cash flow: $127MQ1'25Q2'25, Free cash flow: $111MQ3'25, Free cash flow: $183MQ3'25Q4'25, Free cash flow: $264MQ1'26, Free cash flow: $311MQ1'26Q2'26, Free cash flow: $261MQ3'26, Free cash flow: $363MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5BQ1'23, Cash and equivalents: $525MQ1'23Q2'23, Cash and equivalents: $440MQ2'23Q3'23, Cash and equivalents: $434MQ3'23Q4'23, Cash and equivalents: $401MQ4'23Q1'24, Cash and equivalents: $969MQ1'24Q2'24, Cash and equivalents: $468MQ2'24Q3'24, Cash and equivalents: $516MQ3'24Q4'24, Cash and equivalents: $562MQ4'24Q1'25, Cash and equivalents: $636MQ1'25Q2'25, Cash and equivalents: $734MQ2'25Q3'25, Cash and equivalents: $912MQ3'25Q4'25, Cash and equivalents: $954MQ4'25Q1'26, Cash and equivalents: $1.4BQ1'26Q2'26, Cash and equivalents: $1.5BQ2'26Q3'26, Cash and equivalents: $1.4BQ3'26$0$500M$1.0B$1.5BQ1'23, Cash and equivalents: $525MQ1'23Q2'23, Cash and equivalents: $440MQ3'23, Cash and equivalents: $434MQ3'23Q4'23, Cash and equivalents: $401MQ1'24, Cash and equivalents: $969MQ1'24Q2'24, Cash and equivalents: $468MQ3'24, Cash and equivalents: $516MQ3'24Q4'24, Cash and equivalents: $562MQ1'25, Cash and equivalents: $636MQ1'25Q2'25, Cash and equivalents: $734MQ3'25, Cash and equivalents: $912MQ3'25Q4'25, Cash and equivalents: $954MQ1'26, Cash and equivalents: $1.4BQ1'26Q2'26, Cash and equivalents: $1.5BQ3'26, Cash and equivalents: $1.4BQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 30, 2026.

Reddit, Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 30, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 6, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue895805663726585500392428+53.0%
Cost of revenue7670565953463732+44.3%
Gross profit—————————
Research and development264231207199196197191189+34.2%
Selling, general and administrative8576667269696974+23.1%
Operating income26223218323213968453+88.8%
Other income (expense)2725232322212117+24.6%
Pretax income289257206255161892470+80.0%
Income tax6423(2)0—(1)+377.3%
Net income283253204252163892671+74.1%
Diluted EPS ($)1.401.251.01—0.800.450.13—+75.0%
Diluted shares (millions)202202203—203200201——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 30, 2026.

Reddit, Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 30, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 6, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents1,3581,4871,374954912734636562+48.9%
Short-term investments1,6761,3001,3961,5231,3141,3261,3151,279+27.5%
Total current assets3,8573,5423,3863,1362,7702,5302,3292,223+39.2%
Total assets3,9623,6373,4843,2392,8762,6322,4372,337+37.7%
Total current liabilities357338266271228211187176+56.4%
Long-term debt—————————
Total liabilities380351305310266245220206+43.1%
Stockholders’ equity3,5823,2863,1802,9292,6112,3872,2172,131+37.2%
Shares outstanding (millions)—————————

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 30, 2026.

Reddit, Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 30, 2026Q2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 6, 2026Q3 FY2025ended Sep 30, 2025filed Oct 31, 2025Q2 FY2025ended Jun 30, 2025filed Aug 1, 2025Q1 FY2025ended Mar 31, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 13, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow36426231226718511112890+96.5%
Capital expenditures11132111−40.3%
Free cash flow (CFO − capex)36326131126418311112789+98.0%
Depreciation and amortization44444444+9.2%
Share repurchases1002355—000——
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 6, 2026.

Income statement

Reddit, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 6, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed May 8, 2024FY2022ended Dec 31, 2022filed May 8, 2024
Revenue2,2031,300804667
Cost of revenue194124111105
Gross profit————
Research and development783935438365
Selling, general and administrative279451165144
Operating income442(561)(140)(172)
Other income (expense)87755314
Pretax income529(485)(87)(158)
Income tax(1)(1)41
Net income530(484)(91)(159)
Diluted EPS ($)2.62(3.33)(1.54)(2.77)
Diluted shares (millions)2021455957

Balance sheet

Reddit, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 6, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed May 8, 2024FY2022ended Dec 31, 2022filed May 8, 2024
Cash and equivalents954562401436
Short-term investments1,5231,279812—
Total current assets3,1362,2231,480—
Total assets3,2392,3371,596—
Total current liabilities271176134—
Long-term debt————
Total liabilities310206156—
Stockholders’ equity2,9292,131(413)(379)
Shares outstanding (millions)————

Cash flow statement

Reddit, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 6, 2026FY2024ended Dec 31, 2024filed Feb 13, 2025FY2023ended Dec 31, 2023filed May 8, 2024FY2022ended Dec 31, 2022filed May 8, 2024
Operating cash flow691222(75)(94)
Capital expenditures76106
Free cash flow (CFO − capex)684216(85)(100)
Depreciation and amortization1616148
Share repurchases————
Dividends paid————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$50M
71 sales by 3 insiders; officers and directors $50M
Bought, twelve months
$9M
4 purchases by 1 insider; officers and directors $9M
Sold, twelve months
$247M
473 sales by 7 insiders; officers and directors $247M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 14, 2026Wong Jennifer L.Chief Operating Officeroption exercise45,437$20.76$943K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeroption exercise14,563$25.29$368K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-126,105$148.86$4M1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-16,399$150.08$960K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-111,200$150.87$2M1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-15,495$152.14$836K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-15,701$152.82$871K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-12,100$154.03$323K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-11,639$154.88$254K1MOct 16, 2026
Oct 14, 2026Wong Jennifer L.Chief Operating Officeropen-market sale10b5-11,361$155.91$212K1MOct 16, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneroption exerciseindirect17,308$25.29$438K353,740Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect3,408$155.33$529K350,332Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect1,300$156.47$203K349,032Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect4,200$157.61$662K344,832Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect2,500$158.84$397K342,332Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect1,200$159.76$192K341,132Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect1,800$160.95$290K339,332Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect1,700$161.98$275K337,632Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect700$162.80$114K336,932Oct 15, 2026
Oct 13, 2026Huffman Steve LaddCEO & President, Director, 10% owneropen-market sale10b5-1indirect500$163.72$82K336,432Oct 15, 2026
Oct 5, 2026Newhouse Steven ODirectoraward115$0.00—13,302Oct 7, 2026
Oct 5, 2026Habiger David CDirectoraward284$0.00—37,548Oct 7, 2026
Oct 5, 2026Filikrushel PatriciaDirectoraward122$0.00—31,877Oct 7, 2026
Oct 5, 2026Gale Mary PorterDirectoraward107$0.00—9,866Oct 7, 2026
Oct 5, 2026Seibel MichaelDirectoraward103$0.00—5,539Oct 7, 2026

Full insider history for Reddit, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

2 of the tracked managers held RDDT in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded RDDT by quarter.

FundManagerQuarterValueSharesWeightMove
Duquesne Family OfficeStanley DruckenmillerQ2 2026$10M56,5500.19%new
Baron Capital GroupRon BaronQ2 2026$527K3,0360.00%added +10.0%

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Reddit, Inc., CIK 1713445 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2025
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: not filed
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: AvailableForSaleSecuritiesDebtSecuritiesCurrent
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: not filed
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): not filed

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/RDDT.json