SequelSEC

Reddit, Inc. RDDT

Services-Computer Processing & Data Preparation · CIK 0001713445 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$3.09B
Fiscal year ended 2026-09-30
Operating income
$908.04M
Fiscal year ended 2026-09-30
Free cash flow
$1.20B
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$21.20BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float / net income40.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue9.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity7.2×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Services-Computer Processing & Data Preparation filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio11.56x95th
Operating margin20.1%93th
FCF margin31.1%92th
Net margin24.1%90th
Gross margin91.2%86th
Effective tax rate-0.2%18th
CapEx / revenue0.3%18th
R&D / revenue35.6%81th
Revenue YoY growth69.4%78th
SBC / revenue15.6%69th

Reddit, Inc. (RDDT) reported revenue of $3.09B and net income of $991.70M for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Reddit, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Computer Processing & Data Preparation.

Income

Reddit, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Revenue$3.09B
Cost of revenue$261.08M
Gross profit$2.83B
Operating income$908.04M
Net income$991.70M
Research & development$900.94M
Weighted-average diluted sharesUnavailable
Pretax income$1.01B
Income tax expense$14.73M
Diluted EPSUnavailable
Selling, general & administrative$1.02B
General & administrative$298.21M
Selling & marketing$720.61M

Balance

Reddit, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Cash & equivalents$1.36B
Total assets$3.96B
Current assets$3.86B
Total liabilities$380.32M
Current liabilities$357.21M
Total equity incl. NCI$3.58B
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivable$730.08M
Goodwill$42.17M
Long-term debtUnavailable
Accounts payable$110.25M

Cash flow

Reddit, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Operating cash flow$1.20B
Capital expenditures$6.62M
Investing cash flow-$370.12M
Financing cash flow-$388.68M
Net change in cash$445.93M
Stock-based compensation$385.77M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$16.88M

Derived

Reddit, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-30
Free cash flow$1.20B
Gross margin91.5%
Operating margin29.4%
FCF margin38.8%
SBC / revenue12.5%
Current ratio10.80x
Revenue YoY growth62.2%
Net margin32.1%
R&D / revenue29.2%
CapEx / revenue0.2%
Long-term debt / equityUnavailable
Effective tax rate1.5%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open RDDT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-30View SEC filing
10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-06View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-08-01View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.