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RDDT FY 2024 Earnings — Reddit, Inc. Revenue & Financial Results | Market Cap Arena
RDDT
Reddit, Inc.
$26B
FY 2024 Earnings
Communication Services
Internet Content & Information
Income Statement
Revenue
$1.3B
+61.7% YoY
Gross Profit
$1.2B
90.5% margin
Operating Income
-$561M
-43.1% margin
Net Income
-$484M
-37.2% margin
EPS (Diluted)
$-2.69
Cash Flow
Operating Cash Flow
$222M
Free Cash Flow
$216M
Stock-Based Comp.
$802M
Balance Sheet
Total Assets
$2.3B
Total Liabilities
$206M
Stockholders' Equity
$2.1B
Cash & Equivalents
$562M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.3B
$804M
+61.7%
Gross Profit
$1.2B
$693M
+69.8%
Operating Income
-$561M
-$140M
-299.9%
Net Income
-$484M
-$91M
-433.2%
← Q4 2023
All Quarters
Q1 2024 →