RDDT FY 2024 Earnings — Reddit, Inc. Revenue & Financial Results | Market Cap Arena

RDDTReddit, Inc.

$26B

FY 2024 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$1.3B+61.7% YoY

Gross Profit

$1.2B90.5% 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%