RDDT Q1 2022 Earnings — Reddit, Inc. Revenue & Financial Results | Market Cap Arena

RDDTReddit, Inc.

$26B

Q1 2022 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$146M+85.0% YoY

Gross Profit

$124M84.7% margin

Operating Income

-$35M-24.1% margin

Net Income

-$35M-24.1% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-17.3%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$96M

Stockholders' Equity

$1.5B

Cash & Equivalents

$689M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$79M	+85.0%
Gross Profit	$124M	$65M	+89.3%
Operating Income	-$35M	-$57M	+38.0%
Net Income	-$35M	-$57M	+37.7%