RDDT FY 2023 Earnings — Reddit, Inc. Revenue & Financial Results | Market Cap Arena

RDDTReddit, Inc.

$26B

FY 2023 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$804M+20.6% YoY

Gross Profit

$693M86.2% margin

Operating Income

-$140M-17.4% margin

Net Income

-$91M-11.3% margin

EPS (Diluted)

$-0.56

Cash Flow

Operating Cash Flow

-$75M

Free Cash Flow

-$85M

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$2.0B

Stockholders' Equity

-$413M

Cash & Equivalents

$401M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$804M	$667M	+20.6%
Gross Profit	$693M	$562M	+23.3%
Operating Income	-$140M	-$172M	+18.6%
Net Income	-$91M	-$159M	+42.7%