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RDDT Q2 2023 Earnings — Reddit, Inc. Revenue & Financial Results | Market Cap Arena
RDDT
Reddit, Inc.
$26B
Q2 2023 Earnings
Communication Services
Internet Content & Information
Income Statement
Revenue
$183M
+23.2% YoY
Gross Profit
$154M
84.2% margin
Operating Income
-$53M
-29.0% margin
Net Income
-$41M
-22.5% margin
EPS (Diluted)
$-0.25
QoQ Revenue Growth
+11.8%
Cash Flow
Operating Cash Flow
-$54M
Free Cash Flow
-$55M
Stock-Based Comp.
$10M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$183M
$149M
+23.2%
Gross Profit
$154M
$123M
+25.7%
Operating Income
-$53M
-$56M
+5.9%
Net Income
-$41M
-$56M
+26.2%
← FY 2023
All Quarters
Q3 2023 →