Reddit share price today
Reddit, Inc. · RDDT · Communication Services · Internet Content & Information · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Reddit share price: $101.89 at the close on 4 November 2026, −47.6% in a year.
Reddit, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
The price has been falling for 12 weeks. Over the last four quarters, results have been improving, with profit +183.2% on a year earlier. What will decide it: the next one or two quarters of results.
What is the Reddit share price today?
Reddit, Inc.'s share price was $101.89 at the close on 4 November 2026. It has been falling for 12 weeks. That is 35.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $92 and $245, and at that close it sat 7% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Reddit, Inc. is in stage 4. The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running.
1Y
Nov 2026: $101.89, 35.3% below its 200-day average. The price has been falling for 12 weeks.
- Price $101.89
- 50-day avg $146.78
- 200-day avg $157.39
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $208.95 | $223.58 | $165.84 |
| 7 Nov 2025 | $194.58 | $221.07 | $166.15 |
| 14 Nov 2025 | $193.31 | $218.22 | $166.35 |
| 21 Nov 2025 | $183.48 | $211.86 | $165.70 |
| 28 Nov 2025 | $216.47 | $207.26 | $165.49 |
| 5 Dec 2025 | $234.11 | $205.18 | $166.34 |
| 12 Dec 2025 | $224.78 | $206.26 | $168.09 |
| 19 Dec 2025 | $233.19 | $208.33 | $169.75 |
| 26 Dec 2025 | $225.77 | $210.56 | $171.83 |
| 2 Jan 2026 | $241.89 | $213.31 | $174.10 |
| 9 Jan 2026 | $244.56 | $217.46 | $177.43 |
| 16 Jan 2026 | $231.01 | $221.63 | $180.74 |
| 23 Jan 2026 | $218.88 | $223.43 | $183.16 |
| 30 Jan 2026 | $180.27 | $223.27 | $185.52 |
| 6 Feb 2026 | $139.83 | $220.32 | $187.03 |
| 13 Feb 2026 | $139.65 | $212.58 | $187.63 |
| 20 Feb 2026 | $150.17 | $205.95 | $188.22 |
| 27 Feb 2026 | $145.81 | $197.55 | $189.16 |
| 6 Mar 2026 | $139.39 | $189.05 | $189.92 |
| 13 Mar 2026 | $132.36 | $179.63 | $190.77 |
| 20 Mar 2026 | $139.85 | $169.23 | $191.54 |
| 27 Mar 2026 | $121.84 | $157.47 | $191.94 |
| 2 Apr 2026 | $136.00 | $150.19 | $192.22 |
| 10 Apr 2026 | $139.73 | $143.51 | $192.28 |
| 17 Apr 2026 | $163.80 | $141.97 | $192.57 |
| 24 Apr 2026 | $154.89 | $143.44 | $192.74 |
| 1 May 2026 | $166.48 | $144.76 | $192.97 |
| 8 May 2026 | $155.80 | $146.59 | $193.46 |
| 15 May 2026 | $158.17 | $147.59 | $193.64 |
| 22 May 2026 | $141.67 | $149.00 | $192.59 |
| 29 May 2026 | $176.00 | $150.66 | $191.44 |
| 5 Jun 2026 | $173.45 | $154.25 | $189.84 |
| 12 Jun 2026 | $162.10 | $158.50 | $188.65 |
| 18 Jun 2026 | $174.96 | $161.26 | $187.74 |
| 26 Jun 2026 | $166.94 | $162.88 | $186.02 |
| 2 Jul 2026 | $194.67 | $164.70 | $184.53 |
| 10 Jul 2026 | $195.34 | $168.92 | $182.86 |
| 17 Jul 2026 | $181.18 | $172.25 | $181.76 |
| 24 Jul 2026 | $168.73 | $173.80 | $180.92 |
| 31 Jul 2026 | $140.67 | $175.23 | $180.08 |
| 7 Aug 2026 | $161.70 | $176.14 | $179.02 |
| 14 Aug 2026 | $178.09 | $175.02 | $177.86 |
| 21 Aug 2026 | $153.29 | $173.01 | $176.59 |
| 28 Aug 2026 | $153.00 | $171.39 | $175.65 |
| 4 Sep 2026 | $154.46 | $170.01 | $174.54 |
| 11 Sep 2026 | $157.77 | $167.94 | $173.90 |
| 18 Sep 2026 | $150.85 | $163.79 | $172.51 |
| 25 Sep 2026 | $149.84 | $159.51 | $170.66 |
| 2 Oct 2026 | $147.86 | $156.32 | $168.55 |
| 9 Oct 2026 | $159.91 | $154.04 | $166.65 |
| 16 Oct 2026 | $156.14 | $154.40 | $164.82 |
| 23 Oct 2026 | $144.25 | $153.81 | $162.48 |
| 30 Oct 2026 | $91.73 | $150.37 | $159.37 |
| 4 Nov 2026 | $101.89 | $146.78 | $157.39 |
3Y
Nov 2026: $101.89, 35.3% below its 200-day average. The price has been falling for 12 weeks.
- Price $101.89
- 50-day avg $146.78
- 200-day avg $157.39
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 22 Mar 2024 | $46.00 | – | – |
| 28 Mar 2024 | $49.32 | – | – |
| 5 Apr 2024 | $47.56 | – | – |
| 12 Apr 2024 | $42.27 | – | – |
| 19 Apr 2024 | $40.88 | – | – |
| 26 Apr 2024 | $45.43 | – | – |
| 3 May 2024 | $46.64 | – | – |
| 10 May 2024 | $53.53 | – | – |
| 17 May 2024 | $62.04 | – | – |
| 24 May 2024 | $54.72 | – | – |
| 31 May 2024 | $54.24 | – | – |
| 7 Jun 2024 | $59.80 | $50.27 | – |
| 14 Jun 2024 | $60.94 | $51.74 | – |
| 21 Jun 2024 | $57.30 | $52.83 | – |
| 28 Jun 2024 | $63.89 | $54.87 | – |
| 5 Jul 2024 | $72.97 | $57.25 | – |
| 12 Jul 2024 | $73.85 | $59.96 | – |
| 19 Jul 2024 | $64.70 | $61.98 | – |
| 26 Jul 2024 | $62.36 | $62.94 | – |
| 2 Aug 2024 | $57.58 | $62.89 | – |
| 9 Aug 2024 | $52.91 | $62.65 | – |
| 16 Aug 2024 | $54.92 | $62.48 | – |
| 23 Aug 2024 | $59.21 | $61.91 | – |
| 30 Aug 2024 | $60.03 | $61.70 | – |
| 6 Sep 2024 | $56.85 | $61.53 | – |
| 13 Sep 2024 | $59.09 | $60.56 | – |
| 20 Sep 2024 | $66.17 | $59.75 | – |
| 27 Sep 2024 | $67.08 | $59.45 | – |
| 4 Oct 2024 | $72.38 | $59.72 | – |
| 11 Oct 2024 | $73.25 | $60.81 | – |
| 18 Oct 2024 | $80.90 | $63.01 | – |
| 25 Oct 2024 | $81.36 | $65.47 | – |
| 1 Nov 2024 | $112.98 | $70.12 | – |
| 8 Nov 2024 | $134.80 | $76.67 | – |
| 15 Nov 2024 | $124.78 | $83.78 | – |
| 22 Nov 2024 | $146.67 | $92.07 | – |
| 29 Nov 2024 | $140.69 | $98.25 | – |
| 6 Dec 2024 | $162.76 | $106.83 | – |
| 13 Dec 2024 | $172.65 | $116.65 | – |
| 20 Dec 2024 | $170.71 | $126.40 | – |
| 27 Dec 2024 | $173.54 | $134.32 | – |
| 3 Jan 2025 | $177.74 | $141.51 | – |
| 10 Jan 2025 | $167.08 | $148.98 | $81.92 |
| 17 Jan 2025 | $175.33 | $155.21 | $84.83 |
| 24 Jan 2025 | $182.40 | $159.74 | $87.58 |
| 31 Jan 2025 | $199.55 | $166.34 | $91.39 |
| 7 Feb 2025 | $225.23 | $173.80 | $95.77 |
| 14 Feb 2025 | $196.38 | $180.94 | $99.95 |
| 21 Feb 2025 | $166.40 | $182.91 | $102.62 |
| 28 Feb 2025 | $161.78 | $182.71 | $105.44 |
| 7 Mar 2025 | $133.98 | $181.37 | $107.82 |
| 14 Mar 2025 | $128.21 | $176.34 | $109.44 |
| 21 Mar 2025 | $115.70 | $170.56 | $110.88 |
| 28 Mar 2025 | $107.71 | $165.55 | $112.33 |
| 4 Apr 2025 | $86.91 | $157.63 | $113.31 |
| 11 Apr 2025 | $101.15 | $148.37 | $114.32 |
| 17 Apr 2025 | $96.16 | $139.33 | $114.97 |
| 25 Apr 2025 | $118.10 | $128.05 | $115.82 |
| 2 May 2025 | $113.83 | $120.83 | $116.99 |
| 9 May 2025 | $108.46 | $115.40 | $118.08 |
| 16 May 2025 | $113.23 | $110.87 | $119.43 |
| 23 May 2025 | $100.76 | $108.72 | $120.53 |
| 30 May 2025 | $112.35 | $107.87 | $121.63 |
| 6 Jun 2025 | $121.29 | $107.47 | $123.13 |
| 13 Jun 2025 | $118.18 | $108.30 | $124.62 |
| 20 Jun 2025 | $139.15 | $111.79 | $126.15 |
| 27 Jun 2025 | $143.01 | $115.69 | $128.23 |
| 3 Jul 2025 | $157.03 | $120.32 | $130.15 |
| 11 Jul 2025 | $145.59 | $123.38 | $132.24 |
| 18 Jul 2025 | $148.24 | $126.39 | $134.21 |
| 25 Jul 2025 | $149.66 | $130.20 | $136.19 |
| 1 Aug 2025 | $188.64 | $134.78 | $138.39 |
| 8 Aug 2025 | $215.44 | $145.50 | $141.67 |
| 15 Aug 2025 | $246.50 | $157.64 | $145.55 |
| 22 Aug 2025 | $217.31 | $168.46 | $148.62 |
| 29 Aug 2025 | $225.08 | $177.77 | $151.03 |
| 5 Sep 2025 | $240.00 | $184.96 | $153.00 |
| 12 Sep 2025 | $254.29 | $194.86 | $155.80 |
| 19 Sep 2025 | $264.48 | $206.59 | $158.93 |
| 26 Sep 2025 | $240.11 | $216.19 | $161.14 |
| 3 Oct 2025 | $207.20 | $223.16 | $162.43 |
| 10 Oct 2025 | $198.55 | $228.48 | $163.33 |
| 17 Oct 2025 | $194.95 | $228.09 | $163.99 |
| 24 Oct 2025 | $214.20 | $225.73 | $164.80 |
| 31 Oct 2025 | $208.95 | $223.58 | $165.84 |
| 7 Nov 2025 | $194.58 | $221.07 | $166.15 |
| 14 Nov 2025 | $193.31 | $218.22 | $166.35 |
| 21 Nov 2025 | $183.48 | $211.86 | $165.70 |
| 28 Nov 2025 | $216.47 | $207.26 | $165.49 |
| 5 Dec 2025 | $234.11 | $205.18 | $166.34 |
| 12 Dec 2025 | $224.78 | $206.26 | $168.09 |
| 19 Dec 2025 | $233.19 | $208.33 | $169.75 |
| 26 Dec 2025 | $225.77 | $210.56 | $171.83 |
| 2 Jan 2026 | $241.89 | $213.31 | $174.10 |
| 9 Jan 2026 | $244.56 | $217.46 | $177.43 |
| 16 Jan 2026 | $231.01 | $221.63 | $180.74 |
| 23 Jan 2026 | $218.88 | $223.43 | $183.16 |
| 30 Jan 2026 | $180.27 | $223.27 | $185.52 |
| 6 Feb 2026 | $139.83 | $220.32 | $187.03 |
| 13 Feb 2026 | $139.65 | $212.58 | $187.63 |
| 20 Feb 2026 | $150.17 | $205.95 | $188.22 |
| 27 Feb 2026 | $145.81 | $197.55 | $189.16 |
| 6 Mar 2026 | $139.39 | $189.05 | $189.92 |
| 13 Mar 2026 | $132.36 | $179.63 | $190.77 |
| 20 Mar 2026 | $139.85 | $169.23 | $191.54 |
| 27 Mar 2026 | $121.84 | $157.47 | $191.94 |
| 2 Apr 2026 | $136.00 | $150.19 | $192.22 |
| 10 Apr 2026 | $139.73 | $143.51 | $192.28 |
| 17 Apr 2026 | $163.80 | $141.97 | $192.57 |
| 24 Apr 2026 | $154.89 | $143.44 | $192.74 |
| 1 May 2026 | $166.48 | $144.76 | $192.97 |
| 8 May 2026 | $155.80 | $146.59 | $193.46 |
| 15 May 2026 | $158.17 | $147.59 | $193.64 |
| 22 May 2026 | $141.67 | $149.00 | $192.59 |
| 29 May 2026 | $176.00 | $150.66 | $191.44 |
| 5 Jun 2026 | $173.45 | $154.25 | $189.84 |
| 12 Jun 2026 | $162.10 | $158.50 | $188.65 |
| 18 Jun 2026 | $174.96 | $161.26 | $187.74 |
| 26 Jun 2026 | $166.94 | $162.88 | $186.02 |
| 2 Jul 2026 | $194.67 | $164.70 | $184.53 |
| 10 Jul 2026 | $195.34 | $168.92 | $182.86 |
| 17 Jul 2026 | $181.18 | $172.25 | $181.76 |
| 24 Jul 2026 | $168.73 | $173.80 | $180.92 |
| 31 Jul 2026 | $140.67 | $175.23 | $180.08 |
| 7 Aug 2026 | $161.70 | $176.14 | $179.02 |
| 14 Aug 2026 | $178.09 | $175.02 | $177.86 |
| 21 Aug 2026 | $153.29 | $173.01 | $176.59 |
| 28 Aug 2026 | $153.00 | $171.39 | $175.65 |
| 4 Sep 2026 | $154.46 | $170.01 | $174.54 |
| 11 Sep 2026 | $157.77 | $167.94 | $173.90 |
| 18 Sep 2026 | $150.85 | $163.79 | $172.51 |
| 25 Sep 2026 | $149.84 | $159.51 | $170.66 |
| 2 Oct 2026 | $147.86 | $156.32 | $168.55 |
| 9 Oct 2026 | $159.91 | $154.04 | $166.65 |
| 16 Oct 2026 | $156.14 | $154.40 | $164.82 |
| 23 Oct 2026 | $144.25 | $153.81 | $162.48 |
| 30 Oct 2026 | $91.73 | $150.37 | $159.37 |
| 4 Nov 2026 | $101.89 | $146.78 | $157.39 |
Price stage: Rising from Oct 2025 to Jan 2026; Sideways from Jan 2026 to Aug 2026; Falling from Aug 2026 to Nov 2026.
Price stage: Rising from Aug 2025 to Jan 2026; Sideways from Jan 2026 to Aug 2026; Falling from Aug 2026 to Nov 2026.
Week by week since 2024: did it beat the S&P 500 over the past 13 weeks?
Ahead in 67 of 125 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 22 Mar 2024 | no S&P 500 reading |
| 28 Mar 2024 | no S&P 500 reading |
| 5 Apr 2024 | no S&P 500 reading |
| 12 Apr 2024 | no S&P 500 reading |
| 19 Apr 2024 | no S&P 500 reading |
| 26 Apr 2024 | no S&P 500 reading |
| 3 May 2024 | no S&P 500 reading |
| 10 May 2024 | no S&P 500 reading |
| 17 May 2024 | no S&P 500 reading |
| 24 May 2024 | no S&P 500 reading |
| 31 May 2024 | no S&P 500 reading |
| 7 Jun 2024 | no S&P 500 reading |
| 14 Jun 2024 | no S&P 500 reading |
| 21 Jun 2024 | +20.1% |
| 28 Jun 2024 | +25.5% |
| 5 Jul 2024 | +46.4% |
| 12 Jul 2024 | +65.1% |
| 19 Jul 2024 | +47.4% |
| 26 Jul 2024 | +30.1% |
| 2 Aug 2024 | +19.2% |
| 9 Aug 2024 | −3.5% |
| 16 Aug 2024 | −16.2% |
| 23 Aug 2024 | +2.0% |
| 30 Aug 2024 | +3.8% |
| 6 Sep 2024 | −6.1% |
| 13 Sep 2024 | −6.6% |
| 20 Sep 2024 | +11.1% |
| 27 Sep 2024 | +0.0% |
| 4 Oct 2024 | −4.1% |
| 11 Oct 2024 | −4.3% |
| 18 Oct 2024 | +18.6% |
| 25 Oct 2024 | +24.1% |
| 1 Nov 2024 | +89.1% |
| 8 Nov 2024 | +142.5% |
| 15 Nov 2024 | +121.5% |
| 22 Nov 2024 | +141.8% |
| 29 Nov 2024 | +127.5% |
| 6 Dec 2024 | +173.8% |
| 13 Dec 2024 | +184.7% |
| 20 Dec 2024 | +154.0% |
| 27 Dec 2024 | +154.6% |
| 3 Jan 2025 | +142.3% |
| 10 Jan 2025 | +127.9% |
| 17 Jan 2025 | +114.5% |
| 24 Jan 2025 | +119.2% |
| 31 Jan 2025 | +71.2% |
| 7 Feb 2025 | +66.7% |
| 14 Feb 2025 | +53.3% |
| 21 Feb 2025 | +12.7% |
| 28 Feb 2025 | +16.4% |
| 7 Mar 2025 | −12.4% |
| 14 Mar 2025 | −18.9% |
| 21 Mar 2025 | −27.6% |
| 28 Mar 2025 | −31.3% |
| 4 Apr 2025 | −36.5% |
| 11 Apr 2025 | −31.4% |
| 17 Apr 2025 | −33.2% |
| 25 Apr 2025 | −25.8% |
| 2 May 2025 | −37.1% |
| 9 May 2025 | −45.8% |
| 16 May 2025 | −39.8% |
| 23 May 2025 | −36.0% |
| 30 May 2025 | −29.7% |
| 6 Jun 2025 | −13.5% |
| 13 Jun 2025 | −13.9% |
| 20 Jun 2025 | +14.9% |
| 27 Jun 2025 | +22.1% |
| 3 Jul 2025 | +56.9% |
| 11 Jul 2025 | +27.1% |
| 18 Jul 2025 | +34.9% |
| 25 Jul 2025 | +11.0% |
| 1 Aug 2025 | +56.0% |
| 8 Aug 2025 | +85.7% |
| 15 Aug 2025 | +109.4% |
| 22 Aug 2025 | +104.2% |
| 29 Aug 2025 | +90.9% |
| 5 Sep 2025 | +89.8% |
| 12 Sep 2025 | +105.1% |
| 19 Sep 2025 | +78.4% |
| 26 Sep 2025 | +60.3% |
| 3 Oct 2025 | +24.9% |
| 10 Oct 2025 | +31.7% |
| 17 Oct 2025 | +25.6% |
| 24 Oct 2025 | +36.8% |
| 31 Oct 2025 | +1.1% |
| 7 Nov 2025 | −15.0% |
| 14 Nov 2025 | −26.0% |
| 21 Nov 2025 | −17.7% |
| 28 Nov 2025 | −9.8% |
| 5 Dec 2025 | −8.4% |
| 12 Dec 2025 | −15.3% |
| 19 Dec 2025 | −14.4% |
| 26 Dec 2025 | −10.3% |
| 2 Jan 2026 | +14.7% |
| 9 Jan 2026 | +16.9% |
| 16 Jan 2026 | +14.4% |
| 23 Jan 2026 | +0.4% |
| 30 Jan 2026 | −15.2% |
| 6 Feb 2026 | −31.1% |
| 13 Feb 2026 | −29.2% |
| 20 Feb 2026 | −22.8% |
| 27 Feb 2026 | −33.0% |
| 6 Mar 2026 | −38.5% |
| 13 Mar 2026 | −38.3% |
| 20 Mar 2026 | −35.3% |
| 27 Mar 2026 | −37.9% |
| 2 Apr 2026 | −39.8% |
| 10 Apr 2026 | −40.8% |
| 17 Apr 2026 | −31.8% |
| 24 Apr 2026 | −32.8% |
| 1 May 2026 | −11.8% |
| 8 May 2026 | +4.6% |
| 15 May 2026 | +4.8% |
| 22 May 2026 | −13.8% |
| 29 May 2026 | +10.4% |
| 5 Jun 2026 | +14.7% |
| 12 Jun 2026 | +10.5% |
| 18 Jun 2026 | +10.0% |
| 26 Jun 2026 | +22.0% |
| 2 Jul 2026 | +29.6% |
| 10 Jul 2026 | +28.7% |
| 17 Jul 2026 | +5.9% |
| 24 Jul 2026 | +5.4% |
| 31 Jul 2026 | −19.2% |
| 7 Aug 2026 | −1.0% |
| 14 Aug 2026 | +7.6% |
| 21 Aug 2026 | +5.5% |
| 28 Aug 2026 | −14.8% |
| 4 Sep 2026 | −15.4% |
| 11 Sep 2026 | −5.7% |
| 18 Sep 2026 | −15.8% |
| 25 Sep 2026 | −16.1% |
| 2 Oct 2026 | −27.4% |
| 9 Oct 2026 | −21.3% |
| 16 Oct 2026 | −16.5% |
| 23 Oct 2026 | −17.4% |
| 30 Oct 2026 | −36.0% |
| 4 Nov 2026 | −36.2% |
Over the last 2.6 years the share price moved +121% while the S&P 500 moved +47%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Reddit pay?
Reddit, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Reddit on?
Reddit is on one of our US lists: S&P 500 companies.
Is Reddit profitable?
Reddit, Inc. earned $253 M of net profit in the Jun 2026 quarter, +183.2% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY25 profit was $530 M. That is 31.4% of the quarter's revenue. The same quarter a year earlier earned $89.3 M.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
3 of the last 12 reported quarters were loss-making.
FY25 profit $530 M
- Net profit $530 M
| Quarter | Net profit |
|---|---|
| FY21 | −$128 M |
| FY22 | −$159 M |
| FY23 | −$90.8 M |
| FY24 | −$484 M |
| FY25 | $530 M |
Jun 2026: $253 M (+183.2% on a year earlier), the 4th quarter in a row of growth
- Net profit (quarterly) $253 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | −$7.4 M |
| Dec 2023 | $18.5 M |
| Mar 2024 | −$575 M |
| Jun 2024 | −$10.1 M |
| Sep 2024 | $29.9 M |
| Dec 2024 | $71.0 M |
| Mar 2025 | $26.2 M |
| Jun 2025 | $89.3 M |
| Sep 2025 | $163 M |
| Dec 2025 | $252 M |
| Mar 2026 | $204 M |
| Jun 2026 | $253 M |
Growth on a year earlier
- Growth on a year earlier 183.2%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | 283.3% |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | 444.9% |
| Dec 2025 | 254.2% |
| Mar 2026 | 679.8% |
| Jun 2026 | 183.2% |
Why profit moved: revenue changed +61.1% on a year earlier and the margin moved +15.2 percentage points. Most of the change came from keeping more of each sale.
On average over the last four quarters, profit changed +390.5% and revenue +67.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.
How much revenue does Reddit make, and is it growing?
Reddit, Inc. reported $805 M of revenue in the Jun 2026 quarter, +61.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 46.0% a year on average. The last full year, FY25, came in at $2.2 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $2.8 B.
FY25 revenue was $2.2 B, +69.4% on the year before.
FY25 revenue $2.2 B (+69.4% on the year before), 46.0% a year over 4 years
- Revenue $2.2 B
| Quarter | Revenue |
|---|---|
| FY21 | $485 M |
| FY22 | $667 M |
| FY23 | $804 M |
| FY24 | $1.3 B |
| FY25 | $2.2 B |
Growth on a year earlier
- Growth on a year earlier 69.4%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 37.5% |
| FY23 | 20.6% |
| FY24 | 61.7% |
| FY25 | 69.4% |
Jun 2026: $805 M (+61.1% on a year earlier), the 12th quarter in a row of growth
- Revenue (quarterly) $805 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $208 M |
| Dec 2023 | $250 M |
| Mar 2024 | $243 M |
| Jun 2024 | $281 M |
| Sep 2024 | $348 M |
| Dec 2024 | $428 M |
| Mar 2025 | $392 M |
| Jun 2025 | $500 M |
| Sep 2025 | $585 M |
| Dec 2025 | $726 M |
| Mar 2026 | $663 M |
| Jun 2026 | $805 M |
Growth on a year earlier
- Growth on a year earlier 61.1%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 21% |
| Dec 2023 | 24.6% |
| Mar 2024 | 48.4% |
| Jun 2024 | 53.6% |
| Sep 2024 | 67.9% |
| Dec 2024 | 71.3% |
| Mar 2025 | 61.5% |
| Jun 2025 | 77.7% |
| Sep 2025 | 67.9% |
| Dec 2025 | 69.7% |
| Mar 2026 | 69.1% |
| Jun 2026 | 61.1% |
Recent pace: the last four quarters grew +67.0% on average, against 46.0% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +66.6%, against +68.3% a year over the last 8 quarters (stabilising).
How much of every $100 of sales does Reddit keep?
Reddit, Inc.'s operating margin was 28.8% in the Jun 2026 quarter, 15.2 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −43.1% and 20.1%. The latest quarter is above every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Across 5 years it has been between −43.1% and 20.1%, and FY25's 20.1% is the highest of them.
Why the margin moved: operating margin changed +15.2 percentage points on the year while gross margin changed +0.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.
When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.
FY25: 20.1%, the highest in a range of −43.1% to 20.1% over 5 years
- Operating margin 20.1%
| Quarter | Operating margin |
|---|---|
| FY21 | −26.2% |
| FY22 | −25.8% |
| FY23 | −17.4% |
| FY24 | −43.1% |
| FY25 | 20.1% |
Change on the year before (points)
- Change on the year before (points) +63.2 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +0.4 pts |
| FY23 | +8.4 pts |
| FY24 | −25.7 pts |
| FY25 | +63.2 pts |
Jun 2026: operating margin 28.8% (+15.2 points on a year earlier)
- Operating margin 28.8%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | −9.4% |
| Dec 2023 | 1.2% |
| Mar 2024 | −242.5% |
| Jun 2024 | −11% |
| Sep 2024 | 2% |
| Dec 2024 | 12.4% |
| Mar 2025 | 1% |
| Jun 2025 | 13.6% |
| Sep 2025 | 23.7% |
| Dec 2025 | 31.9% |
| Mar 2026 | 27.6% |
| Jun 2026 | 28.8% |
Change on a year earlier (points)
- Change on a year earlier (points) +15.2 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | +20.3 pts |
| Dec 2023 | +16.0 pts |
| Mar 2024 | −199.4 pts |
| Jun 2024 | +18.0 pts |
| Sep 2024 | +11.4 pts |
| Dec 2024 | +11.2 pts |
| Mar 2025 | +243.5 pts |
| Jun 2025 | +24.6 pts |
| Sep 2025 | +21.7 pts |
| Dec 2025 | +19.5 pts |
| Mar 2026 | +26.6 pts |
| Jun 2026 | +15.2 pts |
Is Reddit's profit turning into cash?
Reddit, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $691 M of operating cash against $530 M of profit. After $6.7 M of spending on assets, $684 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $691 M against profit $530 M
- Operating cash $691 M
- Net profit $530 M
- Free cash $684 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | −$130 M | −$128 M | −$132 M |
| FY22 | −$94.0 M | −$159 M | −$100 M |
| FY23 | −$75.1 M | −$90.8 M | −$84.8 M |
| FY24 | $222 M | −$484 M | $216 M |
| FY25 | $691 M | $530 M | $684 M |
Jun 2026: operating cash $262 M = 104% of the quarter's profit
- Operating cash (quarterly) $262 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | −$7.7 M |
| Dec 2023 | −$17.4 M |
| Mar 2024 | $32.1 M |
| Jun 2024 | $28.4 M |
| Sep 2024 | $71.6 M |
| Dec 2024 | $90.0 M |
| Mar 2025 | $128 M |
| Jun 2025 | $111 M |
| Sep 2025 | $185 M |
| Dec 2025 | $267 M |
| Mar 2026 | $312 M |
| Jun 2026 | $262 M |
Operating cash as % of profit
- Operating cash as % of profit 104%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | – |
| Dec 2023 | −94% |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | 240% |
| Dec 2024 | 127% |
| Mar 2025 | 488% |
| Jun 2025 | 125% |
| Sep 2025 | 114% |
| Dec 2025 | 106% |
| Mar 2026 | 153% |
| Jun 2026 | 104% |
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Reddit's cash go?
Reddit, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $22.7 M on assets over the last 3 years. Averaged over those years that is 0.3% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $22.7 M over the last 3 years.
FY25: capex $6.7 M, steady spending
- Capex $6.7 M
| Quarter | Capex |
|---|---|
| FY21 | $2.3 M |
| FY22 | $6.2 M |
| FY23 | $9.7 M |
| FY24 | $6.2 M |
| FY25 | $6.7 M |
Jun 2026: capex $1.1 M in the quarter
- Capex (quarterly) $1.1 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $3.9 M |
| Dec 2023 | $4.6 M |
| Mar 2024 | $2.9 M |
| Jun 2024 | $1.2 M |
| Sep 2024 | $1.4 M |
| Dec 2024 | $0.8 M |
| Mar 2025 | $1.0 M |
| Jun 2025 | $0.5 M |
| Sep 2025 | $2.1 M |
| Dec 2025 | $3.2 M |
| Mar 2026 | $1.1 M |
| Jun 2026 | $1.1 M |
Free cash
- Free cash $261 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | −$11.6 M |
| Dec 2023 | −$22.0 M |
| Mar 2024 | $29.2 M |
| Jun 2024 | $27.2 M |
| Sep 2024 | $70.3 M |
| Dec 2024 | $89.2 M |
| Mar 2025 | $127 M |
| Jun 2025 | $111 M |
| Sep 2025 | $183 M |
| Dec 2025 | $264 M |
| Mar 2026 | $311 M |
| Jun 2026 | $261 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Reddit's P/E ratio, and how does it compare with its own history?
Reddit, Inc.'s P/E is 20.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 20.8× against a usual —: with too little history to compare
- P/E 23.7×
| Week | P/E |
|---|---|
| 4 Apr 2025 | 149.6× |
| 11 Apr 2025 | 174.1× |
| 17 Apr 2025 | 165.5× |
| 25 Apr 2025 | 203.3× |
| 2 May 2025 | 195.9× |
| 9 May 2025 | 186.7× |
| 16 May 2025 | 194.9× |
| 23 May 2025 | 173.4× |
| 30 May 2025 | 193.4× |
| 6 Jun 2025 | 208.8× |
| 13 Jun 2025 | 203.4× |
| 20 Jun 2025 | 239.5× |
| 27 Jun 2025 | 242.2× |
| 3 Jul 2025 | 143.8× |
| 11 Jul 2025 | 133.3× |
| 18 Jul 2025 | 135.8× |
| 25 Jul 2025 | 137.1× |
| 1 Aug 2025 | 172.8× |
| 8 Aug 2025 | 197.3× |
| 15 Aug 2025 | 225.7× |
| 22 Aug 2025 | 199.0× |
| 29 Aug 2025 | 206.1× |
| 5 Sep 2025 | 219.8× |
| 12 Sep 2025 | 232.9× |
| 19 Sep 2025 | 242.2× |
| 26 Sep 2025 | 219.9× |
| 3 Oct 2025 | 119.2× |
| 10 Oct 2025 | 114.2× |
| 17 Oct 2025 | 112.1× |
| 24 Oct 2025 | 123.2× |
| 31 Oct 2025 | 120.2× |
| 7 Nov 2025 | 111.9× |
| 14 Nov 2025 | 111.2× |
| 21 Nov 2025 | 105.5× |
| 28 Nov 2025 | 124.5× |
| 5 Dec 2025 | 134.6× |
| 12 Dec 2025 | 129.3× |
| 19 Dec 2025 | 134.1× |
| 26 Dec 2025 | 129.8× |
| 2 Jan 2026 | 92.3× |
| 9 Jan 2026 | 93.3× |
| 16 Jan 2026 | 88.1× |
| 23 Jan 2026 | 83.5× |
| 30 Jan 2026 | 68.8× |
| 6 Feb 2026 | 53.3× |
| 13 Feb 2026 | 53.3× |
| 20 Feb 2026 | 57.3× |
| 27 Feb 2026 | 55.6× |
| 6 Mar 2026 | 53.2× |
| 13 Mar 2026 | 50.5× |
| 20 Mar 2026 | 53.3× |
| 27 Mar 2026 | 46.5× |
| 2 Apr 2026 | 38.9× |
| 10 Apr 2026 | 39.9× |
| 17 Apr 2026 | 46.8× |
| 24 Apr 2026 | 44.3× |
| 1 May 2026 | 47.6× |
| 8 May 2026 | 44.5× |
| 15 May 2026 | 45.2× |
| 22 May 2026 | 40.5× |
| 29 May 2026 | 50.3× |
| 5 Jun 2026 | 49.6× |
| 12 Jun 2026 | 46.3× |
| 18 Jun 2026 | 50.0× |
| 26 Jun 2026 | 47.7× |
| 2 Jul 2026 | 45.3× |
| 10 Jul 2026 | 45.4× |
| 17 Jul 2026 | 42.1× |
| 24 Jul 2026 | 39.3× |
| 31 Jul 2026 | 32.7× |
| 7 Aug 2026 | 37.6× |
| 14 Aug 2026 | 41.4× |
| 21 Aug 2026 | 35.7× |
| 28 Aug 2026 | 35.6× |
| 4 Sep 2026 | 35.9× |
| 11 Sep 2026 | 36.7× |
| 18 Sep 2026 | 35.1× |
| 25 Sep 2026 | 34.9× |
| 2 Oct 2026 | 34.4× |
| 9 Oct 2026 | 37.2× |
| 16 Oct 2026 | 36.3× |
| 23 Oct 2026 | 33.5× |
| 30 Oct 2026 | 21.3× |
| 4 Nov 2026 | 23.7× |
Earnings per share, 12 months
- Earnings per share, 12 months $4.30
| Week | Earnings per share, 12 months |
|---|---|
| 4 Apr 2025 | – |
| 11 Apr 2025 | – |
| 17 Apr 2025 | – |
| 25 Apr 2025 | – |
| 2 May 2025 | – |
| 9 May 2025 | – |
| 16 May 2025 | – |
| 23 May 2025 | – |
| 30 May 2025 | – |
| 6 Jun 2025 | – |
| 13 Jun 2025 | – |
| 20 Jun 2025 | – |
| 27 Jun 2025 | $0.58 |
| 3 Jul 2025 | $0.58 |
| 11 Jul 2025 | $0.58 |
| 18 Jul 2025 | $0.58 |
| 25 Jul 2025 | $0.58 |
| 1 Aug 2025 | $0.58 |
| 8 Aug 2025 | $0.58 |
| 15 Aug 2025 | $0.58 |
| 22 Aug 2025 | $0.58 |
| 29 Aug 2025 | $0.58 |
| 5 Sep 2025 | $0.58 |
| 12 Sep 2025 | $0.58 |
| 19 Sep 2025 | $0.58 |
| 26 Sep 2025 | $1.09 |
| 3 Oct 2025 | $1.09 |
| 10 Oct 2025 | $1.09 |
| 17 Oct 2025 | $1.09 |
| 24 Oct 2025 | $1.09 |
| 31 Oct 2025 | $1.09 |
| 7 Nov 2025 | $1.09 |
| 14 Nov 2025 | $1.09 |
| 21 Nov 2025 | $1.09 |
| 28 Nov 2025 | $1.09 |
| 5 Dec 2025 | $1.09 |
| 12 Dec 2025 | $1.09 |
| 19 Dec 2025 | $1.09 |
| 26 Dec 2025 | $1.74 |
| 2 Jan 2026 | $1.74 |
| 9 Jan 2026 | $1.74 |
| 16 Jan 2026 | $1.74 |
| 23 Jan 2026 | $1.74 |
| 30 Jan 2026 | $1.74 |
| 6 Feb 2026 | $1.74 |
| 13 Feb 2026 | $1.74 |
| 20 Feb 2026 | $1.74 |
| 27 Feb 2026 | $1.74 |
| 6 Mar 2026 | $1.74 |
| 13 Mar 2026 | $1.74 |
| 20 Mar 2026 | $1.74 |
| 27 Mar 2026 | $2.62 |
| 2 Apr 2026 | $2.62 |
| 10 Apr 2026 | $2.62 |
| 17 Apr 2026 | $2.62 |
| 24 Apr 2026 | $2.62 |
| 1 May 2026 | $2.62 |
| 8 May 2026 | $2.62 |
| 15 May 2026 | $2.62 |
| 22 May 2026 | $2.62 |
| 29 May 2026 | $2.62 |
| 5 Jun 2026 | $2.62 |
| 12 Jun 2026 | $2.62 |
| 18 Jun 2026 | $2.62 |
| 26 Jun 2026 | $3.50 |
| 2 Jul 2026 | $3.50 |
| 10 Jul 2026 | $3.50 |
| 17 Jul 2026 | $3.50 |
| 24 Jul 2026 | $3.50 |
| 31 Jul 2026 | $3.50 |
| 7 Aug 2026 | $3.50 |
| 14 Aug 2026 | $3.50 |
| 21 Aug 2026 | $3.50 |
| 28 Aug 2026 | $3.50 |
| 4 Sep 2026 | $3.50 |
| 11 Sep 2026 | $3.50 |
| 18 Sep 2026 | $3.50 |
| 25 Sep 2026 | $4.30 |
| 2 Oct 2026 | $4.30 |
| 9 Oct 2026 | $4.30 |
| 16 Oct 2026 | $4.30 |
| 23 Oct 2026 | $4.30 |
| 30 Oct 2026 | $4.30 |
| 4 Nov 2026 | $4.30 |
PEG 0.75 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
- PEG 0.75×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2025 | 2.67× | 1.00× |
| Dec 2025 | 1.62× | 1.00× |
| Mar 2026 | 0.88× | 1.00× |
| Jun 2026 | 0.75× | 1.00× |
In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.
Is the Reddit business getting better or worse?
Reddit, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +69.4% in FY25
- Revenue growth 69.4%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 37.5% |
| FY23 | 20.6% |
| FY24 | 61.7% |
| FY25 | 69.4% |
Three growth lines over twelve quarters: revenue stabilising
- Revenue 66.6%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 17.4% |
| Dec 2023 | 20.6% |
| Mar 2024 | 29.1% |
| Jun 2024 | 36.5% |
| Sep 2024 | 48.7% |
| Dec 2024 | 61.7% |
| Mar 2025 | 64.1% |
| Jun 2025 | 70% |
| Sep 2025 | 69.7% |
| Dec 2025 | 69.4% |
| Mar 2026 | 70.6% |
| Jun 2026 | 66.6% |
Profit, EPS
- Profit 183.2%
- EPS 293.7%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | – | – |
| Dec 2023 | – | – |
| Mar 2024 | – | – |
| Jun 2024 | – | – |
| Sep 2024 | – | – |
| Dec 2024 | 283.3% | – |
| Mar 2025 | – | – |
| Jun 2025 | – | – |
| Sep 2025 | 300% | – |
| Dec 2025 | 254.2% | – |
| Mar 2026 | 300% | 300% |
| Jun 2026 | 183.2% | 293.7% |
ROCE: the return line, worked out each quarter
- ROCE 27.4%
| Quarter | ROCE |
|---|---|
| Sep 2023 | −11.8% |
| Dec 2023 | −9.5% |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | 1.6% |
| Jun 2025 | 6.1% |
| Sep 2025 | 11.3% |
| Dec 2025 | 17.2% |
| Mar 2026 | 22.7% |
| Jun 2026 | 27.4% |
Why it matters: with too little history, we say so rather than guess a direction.
One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +69.4% | +48.9% | — | — |
| Stock price | −47.6% | — | — | — |
How much does Reddit earn on its capital?
Reddit, Inc. earned a ROE of 18% in FY25. That is up from a low of −23% in FY24. Its return on capital used (ROIC) is 147.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 24.1% net margin and 0.68× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a 24.1% net margin × 0.68× asset turnover × 1.11× leverage (assets divided by equity) ≈ 18.2% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 162.7% − 15.5% = +147.2 percentage points. The 15.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.
FY25: ROE 18%, the climb back from FY24's −23%
- ROE 18.1%
- Cost of capital 15.5%
| Quarter | ROE | Cost of capital |
|---|---|---|
| FY21 | −8.2% | 15.5% |
| FY22 | −10.8% | 15.5% |
| FY23 | −6.3% | 15.5% |
| FY24 | −22.7% | 15.5% |
| FY25 | 18.1% | 15.5% |
Jun 2026: ROIC 40.0% (last 12 months) against a 15.5% cost of capital
- ROIC (12 months) 40.0%
- ROE (12 months) 26.7%
- Cost of capital 15.5%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Mar 2023 | −13.9% | −6% | 15.5% |
| Jun 2023 | −31.1% | −16.5% | 15.5% |
| Mar 2024 | 1.3% | 5.2% | 15.5% |
| Jun 2024 | −264% | −140.3% | 15.5% |
| Sep 2024 | −14.9% | −2.2% | 15.5% |
| Dec 2024 | 2.8% | 6.2% | 15.5% |
| Mar 2025 | 18.4% | 13.8% | 15.5% |
| Jun 2025 | 1.3% | 4.8% | 15.5% |
| Sep 2025 | 21% | 15.5% | 15.5% |
| Dec 2025 | 36.4% | 26% | 15.5% |
| Mar 2026 | 51.7% | 36.3% | 15.5% |
| Jun 2026 | 40% | 26.7% | 15.5% |
Does Reddit have too much debt?
Reddit, Inc. has total debt of $20.9 M against shareholder equity of $3.3 B as of Jun 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.01 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $23.2 M, 0.01× equity
- Total debt $23.2 M
| Quarter | Total debt |
|---|---|
| FY21 | $13.5 M |
| FY22 | $19.5 M |
| FY23 | $25.7 M |
| FY24 | $26.7 M |
| FY25 | $23.2 M |
Debt-to-equity
- Debt-to-equity 0.01×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.01× |
| FY22 | 0.01× |
| FY23 | 0.02× |
| FY24 | 0.01× |
| FY25 | 0.01× |
Jun 2026: debt $20.9 M, debt-to-equity 0.01
- Total debt (quarterly) $20.9 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $26.3 M |
| Dec 2023 | $25.7 M |
| Mar 2024 | $25.2 M |
| Jun 2024 | $28.1 M |
| Sep 2024 | $27.0 M |
| Dec 2024 | $26.7 M |
| Mar 2025 | $26.6 M |
| Jun 2025 | $25.2 M |
| Sep 2025 | $25.0 M |
| Dec 2025 | $23.2 M |
| Mar 2026 | $21.3 M |
| Jun 2026 | $20.9 M |
Debt-to-equity
- Debt-to-equity 0.01×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.02× |
| Dec 2023 | 0.02× |
| Mar 2024 | 0.01× |
| Jun 2024 | 0.01× |
| Sep 2024 | 0.01× |
| Dec 2024 | 0.01× |
| Mar 2025 | 0.01× |
| Jun 2025 | 0.01× |
| Sep 2025 | 0.01× |
| Dec 2025 | 0.01× |
| Mar 2026 | 0.01× |
| Jun 2026 | 0.01× |
What is the Reddit shareholding pattern?
15.3% of Reddit, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Reddit from balance-sheet trouble?
For Reddit, Inc., the Z-score is 55.79. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 55.79 is well clear of the danger zone, so the balance sheet is not the risk here.
How does Reddit rank in its industry?
56.6 out of 100, rank 9 of 25 in Internet Content & Information, with 71% of the evidence available.
Reddit, Inc. scores 56.6 out of 100 against the 25 companies it is compared with in Internet Content & Information, ranking 9. Earnings are strong; relative strength in its sector is -40.7% and the one-year return is -47.6%.
The four parts add up to the total exactly: 28.9 + 17.8 + 8.8 + 1.1 = 56.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Reddit compared with?
Reddit ranks 9 of 25 Internet Content & Information companies on the 4-Factor Sector Score, with 56.6 out of 100.
- 1EverQuote, Inc.EVER · turning · Most evidence points up · 71% evidence70.8out of 100
How the score adds up
Growth & earnings 23.6/35 · Revenue 22.6% · Profit 100% · Operating margin change 2.7 points · 83% evidenceCapital efficiency 17.4/25 · ROCE 32.2% · Operating margin 12% · 76% evidenceValuation 10.5/20 · P/E 7.4× · PEG — · 15% evidenceRelative strength 19.3/20 · Lead over its industry 38.2% · Lead over S&P 500 32.7% · 1 year 20.3% · 100% evidence · 6 of 12 weeks aheadExact sum: 23.6 + 17.4 + 10.5 + 19.3 = 70.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 2Spotify Technology S.A.SPOT · breaking out · Most evidence points up · 75% evidence68.3out of 100
How the score adds up
Growth & earnings 22.8/35 · Revenue 11.3% · Profit 100% · Operating margin change -0.1 points · 95% evidenceCapital efficiency 17.8/25 · ROCE 29.8% · Operating margin 13.5% · 76% evidenceValuation 9.0/20 · P/E 29.8× · PEG — · 15% evidenceRelative strength 18.7/20 · Lead over its industry 17.8% · Lead over S&P 500 13.7% · 1 year 1.7% · 100% evidence · 9 of 12 weeks aheadExact sum: 22.8 + 17.8 + 9 + 18.7 = 68.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 3NerdWallet, Inc.NRDS · turning · Most evidence points up · 81% evidence67.9out of 100
How the score adds up
Growth & earnings 20.4/35 · Revenue 11.4% · Profit 36.2% · Operating margin change -2.2 points · 83% evidenceCapital efficiency 15.6/25 · ROCE 26.1% · Operating margin 3.5% · 76% evidenceValuation 15.4/20 · P/E 9.4× · PEG 0.21 · 65% evidenceRelative strength 16.5/20 · Lead over its industry 8.1% · Lead over S&P 500 3.2% · 1 year -13.4% · 100% evidence · 9 of 12 weeks aheadExact sum: 20.4 + 15.6 + 15.4 + 16.5 = 67.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 4Match Group, Inc.MTCH · leader · Most evidence points up · 81% evidence67.5out of 100
How the score adds up
Growth & earnings 18.5/35 · Revenue 1.7% · Profit 32% · Operating margin change 6.3 points · 83% evidenceCapital efficiency 20.4/25 · ROCE 30.5% · Operating margin 28.8% · 76% evidenceValuation 13.7/20 · P/E 12.5× · PEG 0.3 · 65% evidenceRelative strength 14.9/20 · Lead over its industry 8.3% · Lead over S&P 500 5.5% · 1 year 22.3% · 100% evidence · 8 of 12 weeks aheadExact sum: 18.5 + 20.4 + 13.7 + 14.9 = 67.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5Bumble Inc.BMBL · turning · Evidence leans up · 64% evidence63.1out of 100
How the score adds up
Growth & earnings 14.8/35 · Revenue -13.4% · Profit — · Operating margin change -4.7 points · 62% evidenceCapital efficiency 17.3/25 · ROCE 23.6% · Operating margin 28.1% · 76% evidenceValuation 11.0/20 · P/E -0.7× · PEG — · 15% evidenceRelative strength 20.0/20 · Lead over its industry 69.7% · Lead over S&P 500 64.1% · 1 year 40.8% · 100% evidence · 5 of 12 weeks aheadExact sum: 14.8 + 17.3 + 11 + 20 = 63.1 · What this means: Relative strength against the index is 64.1%, and revenue and profit growth are weak. - 6MediaAlpha, Inc.MAX · turning · Evidence leans up · 74% evidence61.1out of 100
How the score adds up
Growth & earnings 13.8/35 · Revenue 13.8% · Profit — · Operating margin change 0.4 points · 62% evidenceCapital efficiency 16.7/25 · ROCE 37.4% · Operating margin 6.4% · 76% evidenceValuation 12.7/20 · P/E 7× · PEG 0.51 · 65% evidenceRelative strength 17.9/20 · Lead over its industry 32.7% · Lead over S&P 500 27.9% · 1 year 17.9% · 100% evidence · 6 of 12 weeks aheadExact sum: 13.8 + 16.7 + 12.7 + 17.9 = 61.1 · What this means: Relative strength against the index is 27.9%, and revenue and profit growth are weak. - 7Opera LimitedOPRA · quiet · Evidence leans up · 81% evidence56.8out of 100
How the score adds up
Growth & earnings 24.5/35 · Revenue 23.2% · Profit 59.3% · Operating margin change 3.3 points · 83% evidenceCapital efficiency 13.7/25 · ROCE 10.8% · Operating margin 16.4% · 76% evidenceValuation 14.1/20 · P/E 13.9× · PEG 0.24 · 65% evidenceRelative strength 4.5/20 · Lead over its industry -9% · Lead over S&P 500 -11.2% · 1 year 11.1% · 100% evidence · 1 of 12 weeks aheadExact sum: 24.5 + 13.7 + 14.1 + 4.5 = 56.8 · What this means: Earnings are strong; relative strength in its sector is -9% and the one-year return is 11.1%. - 8Meta Platforms, Inc.META · breaking out · Evidence leans up · 85% evidence56.7out of 100
How the score adds up
Growth & earnings 16.6/35 · Revenue 27.5% · Profit 28.6% · Operating margin change -4.7 points · 95% evidenceCapital efficiency 19.8/25 · ROCE 22% · Operating margin 35.4% · 76% evidenceValuation 10.4/20 · P/E 24.6× · PEG 0.83 · 65% evidenceRelative strength 9.9/20 · Lead over its industry -3.3% · Lead over S&P 500 -6.5% · 1 year 1.3% · 100% evidence · 8 of 12 weeks aheadExact sum: 16.6 + 19.8 + 10.4 + 9.9 = 56.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Reddit, Inc. this pageRDDT · quiet · Evidence leans up · 71% evidence56.6out of 100
How the score adds up
Growth & earnings 28.9/35 · Revenue 66.6% · Profit 100% · Operating margin change 15.2 points · 83% evidenceCapital efficiency 17.8/25 · ROCE 23.8% · Operating margin 28.8% · 76% evidenceValuation 8.8/20 · P/E 38.4× · PEG — · 15% evidenceRelative strength 1.1/20 · Lead over its industry -40.7% · Lead over S&P 500 -43.4% · 1 year -47.6% · 100% evidence · 1 of 12 weeks aheadExact sum: 28.9 + 17.8 + 8.8 + 1.1 = 56.6 · What this means: Earnings are strong; relative strength in its sector is -40.7% and the one-year return is -47.6%. - 10Alphabet Inc.GOOGL · quiet · Evidence leans up · 85% evidence53.6out of 100
How the score adds up
Growth & earnings 20.9/35 · Revenue 22.2% · Profit 89.7% · Operating margin change 1.3 points · 95% evidenceCapital efficiency 17.6/25 · ROCE 18.1% · Operating margin 31.8% · 76% evidenceValuation 11.8/20 · P/E 17.8× · PEG 0.47 · 65% evidenceRelative strength 3.3/20 · Lead over its industry -16.1% · Lead over S&P 500 -18.5% · 1 year 3.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.9 + 17.6 + 11.8 + 3.3 = 53.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 11Upwork Inc.UPWK · turning · Evidence leans up · 71% evidence52.1out of 100
- 12Snap Inc.SNAP · breaking out · Evidence leans up · 64% evidence51.1out of 100
- 13Genius Sports LimitedGENI · quiet · Evidence leans up · 64% evidence50.5out of 100
- 14JOYY Inc.JOYY · leader · Evidence leans down · 81% evidence49.7out of 100
- 15Nextdoor Holdings, Inc.NXDR · quiet · Evidence leans down · 61% evidence48.4out of 100
- 16Zillow Group, Inc.ZG · turning · Evidence leans down · 64% evidence45.2out of 100
- 17Nebius Group N.V.NBIS · quiet · Evidence leans down · 71% evidence41.4out of 100
- 18Yelp Inc.YELP · basing · Evidence leans down · 81% evidence40.3out of 100
- 19RUM Group Inc.RUM · quiet · Evidence leans down · 61% evidence39.5out of 100
- 20People IncorporatedPPLI · turning · Evidence leans down · 64% evidence38.8out of 100
- 21Weibo CorporationWB · basing · Evidence leans down · 81% evidence38.3out of 100
- 22Pinterest, Inc.PINS · quiet · Evidence leans down · 71% evidence38.3out of 100
- 23WEBTOON Entertainment Inc.WBTN · turning · Most evidence points down · 64% evidence34.8out of 100
- 24StubHub Holdings, Inc.STUB · basing · Too little evidence to rank firmly · 58% evidence30.2out of 100
- 25Trump Media & Technology Group Corp.DJT · quiet · Too little evidence to rank firmly · 60% evidence27.6out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Internet Content & Information, all 25 compared on one page.
Which companies are close to Reddit in size?
Reddit is the 6th largest of 40 Internet Content & Information companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Spotify Technology S.A., Nebius Group N.V. and Baidu, Inc. Just below it: Tencent Music Entertainment Group, Pinterest, Inc. and Snap Inc.
Internet Content & Information companies close in size
- Spotify Technology S.A. $129 billion
- Nebius Group N.V. $38.8 billion
- Baidu, Inc. $26.6 billion
- Reddit, Inc. $19.7 billion
- Tencent Music Entertainment Group $15.6 billion
- Pinterest, Inc. $12.2 billion
- Snap Inc. $10 billion
All 40 Internet Content & Information companies, largest first
Companies close in size in other industries
- GFL Environmental Inc. $19.8 billion · Waste Management
- BCE Inc. $19.7 billion · Telecom Services
- Reddit, Inc. $19.7 billion
- Charter Communications, Inc. $19.7 billion · Telecom Services
- Super Micro Computer, Inc. $19.4 billion · Computer Hardware
What else do people ask about Reddit?
What were Reddit's latest quarterly results?
Reddit, Inc. reported revenue of $805 M and net profit of $253 M for the Jun 2026 quarter. Revenue rose 61.1% and profit rose 183.2% compared with a year earlier. Earnings per share were $1.25.
The operating margin was 28.8%, 15.2 percentage points higher than a year earlier (as of 4 November 2026).
What is Reddit's market cap?
Reddit, Inc.'s market capitalisation is $19.7 B at a stock price of $101.89. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Reddit performing?
Reddit, Inc.'s share price has been falling for 12 weeks. In its latest quarter, revenue rose 61.1% and profit rose 183.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running (as of 4 November 2026).
Will Reddit's stock price go up?
This page does not forecast Reddit, Inc.'s stock price. What it shows instead: the stock price is $101.89, and it has been falling for 12 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Where is Reddit in its business cycle?
Reddit, Inc.'s FY25 operating margin was 20.1%, against a 5-year range of −43.1% to 20.1%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 28.8%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Reddit story?
Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Reddit a stock worth studying right now?
What the numbers show: Reddit, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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