RDDT Q4 2023 Earnings — Reddit, Inc. Revenue & Financial Results | Market Cap Arena

RDDTReddit, Inc.

$26B

Q4 2023 Earnings

Communication Services Internet Content & Information

Income Statement

Revenue

$250M+24.6% YoY

Gross Profit

$221M88.4% margin

Operating Income

$3M1.2% margin

Net Income

$19M7.4% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+20.4%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$22M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$156M

Stockholders' Equity

$1.4B

Cash & Equivalents

$401M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$250M	$200M	+24.6%
Gross Profit	$221M	$172M	+28.4%
Operating Income	$3M	-$30M	+110.2%
Net Income	$19M	-$22M	+183.4%