Reddit, Inc. Class A (RDDT) Stock Price Quote, News &…

Summary

Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.

Website

www.redditinc.com

Location

San Francisco, CA, US

Phone(415) 494-8016

Employees2,555

CEOSteven Ladd Huffman

Sector

Industrials

Industry

Professional Services

IPO DateMar 21, 2024

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Company overview

Business model, segments, and competition.

Peer comparison

Metrics vs closest competitors.

Guidance & outlook

Forward guidance and assumptions.

Bull vs bear case

Upside drivers and key risks.

Valuation snapshot

Multiples vs history and peers.

Competitive moat

Defensibility and market position.

Management track record

Leadership and capital allocation history.

How it makes money

A short diagram of the business model.

Latest Documents

Mentions in Filings

… the subject of, and may in the future result in, litigation or other actions filed or instituted against us, alleging that our scraping, web crawling, and other techniques to collect data violate the law. For example, Reddit, Inc. has filed suit against us, captioned Reddit, Inc. v. Anthropic PBC, alleging we improperly accessed posts stored on Reddit, Inc.’s platform in violation of its legal rights. On July 3, 2025, we filed a notice of remova …
Anthropic, PBCReddit, Inc. Class A·FWP - Free writing prospectus·Q4 26·12 Nov
… LLC v. Anthropic PBC et al., and others. Similarly, a third party alleges we accessed and reproduced posts stored on the third party’s platform in violation of its legal rights and has filed suit against us, captioned Reddit, Inc. v. Anthropic PBC. The possibility of statutory damages under some intellectual property legal frameworks creates additional risk for us. We are vigorously defending ourselves in these pending lawsuits and believe we ha …
Anthropic, PBCReddit, Inc. Class A·FWP - Free writing prospectus·Q4 26·12 Nov
… LLC v. Anthropic PBC et al., and others. Similarly, a third party alleges we accessed and reproduced posts stored on the third party’s platform in violation of its legal rights and has filed suit against us, captioned Reddit, Inc. v. Anthropic PBC. The costs of defending against such litigation, regardless of merit, are considerable, and such litigation may divert management and key personnel’s attention and resources, which may adversely affect …
Anthropic, PBCReddit, Inc. Class A·FWP - Free writing prospectus·Q4 26·10 Nov
… y breached the websites’ terms of service and circumvented technological protection measures. The Company disputes the allegations of wrongdoing and intends to defend itself vigorously in these matters. • In June 2025, Reddit, Inc. filed suit against the Company in California state court alleging various claims, including breach of contract and trespass to chattels, stemming from allegations about the Company’s use of Reddit data in building and …
Anthropic, PBCReddit, Inc. Class A·FWP - Free writing prospectus·Q4 26·10 Nov
… ed directly into all new ACCESS PR Subscriptions. It provides real-time tracking of brand mentions, competitor activity, and industry trends across eight major social platforms — X (Twitter), Instagram, Facebook, Bluesky, Reddit, YouTube, Weibo, and Threads — all accessible from a single unified dashboard. Core capabilities include sentiment analysis, real-time alerts for activity spikes, and competitive benchmarking, enabling PR and communicatio …
ACCESS Newswire Inc.Reddit, Inc. Class A·10-Q - Quarterly report Q3·Q3 26·10 Nov
… he subject of, and may in the future result in, litigation or other actions filed or instituted against us, alleging that our scraping, web crawling, and other techniques to collect data violate the law. For example, Reddit, Inc. has filed suit against us, captioned Reddit, Inc. v. Anthropic PBC, alleging we improperly accessed posts stored on Reddit, Inc.’s platform in violation of its legal rights. On July 3, 2025, we filed a notice of remo …
Anthropic, PBCReddit, Inc. Class A·S-1/A - Registration statement (general form, amendment)·Q4 26·10 Nov

Key Stats

Trading

Px/Chg 1D$147.86 / -1.12%

Avg Volume4.92M

Beta1.86

Mkt Cap28.46B

FD Mkt Cap29.45B

Float

Shrs Out/Float192.51M / 170.06M

Short Float0.10%

Days to Cover4.26

Stock Repurchased$5.00M

Current Valuation

EV27.11B

EV/EBITDA38.69

EV/Sales10.96

P/B8.95

P/S11.51

FCF Yield1.09%

ROE6.42%

ROA5.85%

Current Ratio12.73

Estimates

P/E40.23

Est P/E0.00

Est EPS0.57

Est PEG0.00

Valuation

Metric	5Yr Avg	May '24	May '25	Apr '26	Oct '26
PRICE-BASED RATIOS
Price / Earnings	29.41	-88.85	-44.23	111.17	139.54
Price / Sales	26.99	10.04	16.47	38.55	42.91
Price / Book Value	2.25	-19.54	10.05	9.55	8.95
Price / Free Cash Flow	50.42	-95.11	99.25	106.09	91.48
ENTERPRISE VALUE METRICS
Enterprise Value	20,682.2	7,693.9	20,884.3	27,039.2	27,111.3
Enterprise Value / Sales	25.94	9.57	16.06	37.26	40.87
Enterprise Value / EBITDA	34.26	-60.84	-38.33	104.41	131.78
Enterprise Value / EBIT	36.44	-54.89	-37.26	106.11	131.78

Financials

Full Financials

Millions USD	5Yr CAGR (%)	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
INCOME STATEMENT
Revenue	46%	484.9	666.7	804.0	1,300.2	2,202.5
Gross Income	48.6%	412.4	561.9	693.0	1,176.6	2,008.3
EBITDA	—	-124.4	-164.2	-126.5	-544.9	544.6
EBIT	—	-127.2	-172.2	-140.2	-560.6	528.7
Net Income	—	-127.9	-158.6	-90.8	-484.3	529.7
EPS (Diluted)	—	-0.78	-0.97	-0.56	-2.69	2.62
BALANCE SHEET
Cash & ST Inv	15.1%	1,413.1	1,266.5	1,213.1	1,840.8	2,476.8
Total Assets	18.5%	1,645.1	1,599.7	1,596.5	2,336.6	3,239.2
Total Liabilities	41.4%	77.6	125.3	2,009.4	205.8	310.1
Total Shareholder Equity	16.9%	1,567.5	1,474.4	-412.9	2,130.7	2,929.0
CASH FLOW
Net Operating Cash Flow	—	-130.2	-94.0	-75.1	222.1	690.9
Cap Ex	30.7%	-2.3	-6.2	-9.7	-6.2	-6.7
Free Cash Flow	—	-132.5	-100.3	-84.8	215.8	684.2

Enterprise Value Bridge

Millions USD		13 Nov '26
Price (As of 13 Nov '26)		100.00
Basic Shares		192.51
Market Cap		19,250.9
Diluted Shares		201.86
Fully Diluted Shares Outstanding		201.86
Fully Diluted Market Cap		20,186.0
+Consolidated Debt		31.4
−In-the-Money Convertible Debt		—
+Capital Leases		31.4
+Operating Leases		—
−Cash & Equivalents		-1,357.6
−Short-term Investments		-1,675.8
+Total Preferred		-
−In-the-Money Convertible Preferred		—
−Investments in Unconsolidated Subs		—
+Non-Controlling Interest		-
+Pension Liabilities		—
Enterprise Value		17,924.7

Segment data

Revenue

by Products and services

Advertising94%
Other Revenue6%