SuperworthReddit RDDT
- Market cap
- $27.8B
- PE
- 33.5×
- 1y median 102×
- Forward PE
- 23.5×
- 3y median 51.0×
- Price to sales
- 10.0×
- EV/EBIT
- 31.8×
- Revenue, 12 months
- $2.8B
- +67% on a year ago
- Net margin
- 31.3%
- Free cash flow yield
- 3.7%
Reddit trades at 33.5× trailing earnings, cheaper than 99% of the last ten years. Revenue was $2.8B over the last twelve months, up 67% on a year earlier with a 31% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $207.5M | $249.8M | $243M+48% | $281.2M+54% | $348.4M+68% | $427.7M+71% | $392.4M+62% | $499.6M+78% | $584.9M+68% | $725.6M+70% | $663.4M+69% | $804.9M+61% | |
| Cost of revenue | $26.4M | $28.9M | $27.6M+3% | $29.5M+2% | $34.6M+31% | $31.8M+10% | $37.1M+34% | $45.9M+56% | $52.5M+52% | $58.7M+84% | $56.3M+52% | $70.3M+53% |
| Gross profit | $181.1M | $220.8M | $215.3M+57% | $251.7M+63% | $313.7M+73% | $395.9M+79% | $355.3M+65% | $453.7M+80% | $532.4M+70% | $666.9M+69% | $607.1M+71% | $734.6M+62% |
| R&D | $108.3M | $111.6M | $437M+302% | $142.8M+30% | $166.7M+54% | $188.6M+69% | $191.3M−56% | $196.6M+38% | $196.4M+18% | $198.9M+5% | $207.2M+8% | $231.3M+18% |
| SG&A | $92.4M | $106.3M | $367.6M+272% | $139.9M+44% | $140.2M+52% | $154.3M+45% | $160.1M−56% | $189.4M+35% | $197.5M+41% | $236.2M+53% | $217M+36% | $271.6M+43% |
| −$19.6M | $3M | −$589.3M+735% | −$31M−41% | $6.9M | $52.9M+1654% | $3.9M | $67.7M | $138.5M+1921% | $231.8M+339% | $182.9M+4586% | $231.7M+242% | |
| Pre-tax income | −$6.9M | $19.5M | −$574.7M+860% | −$10.3M−74% | $29.8M | $70M+259% | $24.4M | $88.9M | $160.6M+439% | $254.8M+264% | $205.7M+742% | $256.8M+189% |
| $445K | $942K | $365K−63% | −$216K | −$31K | −$1M | −$1.7M | −$439K+103% | −$2.1M+6629% | $3.2M | $1.7M | $4M | |
| Net income | −$7.4M | $18.5M | −$575.1M+845% | −$10.1M−75% | $29.9M | $71M+283% | $26.2M | $89.3M | $162.7M+445% | $251.6M+254% | $204M+680% | $252.8M+183% |
| −$0.13 | $0.30 | −$8.19+680% | −$0.06−91% | $0.16 | $0.40+33% | $0.13 | $0.45 | $0.80+400% | $1.24+210% | $1.01+677% | $1.25+178% | |
| 58.9M | 61M | 70.2M+21% | 164.4M+181% | 192.3M+227% | 177.5M+191% | 201.3M+187% | 199.5M+21% | 202.7M+5% | 203.4M+15% | 202.5M+1% | 202M+1% |
Gross profit: 14 periods, Q1 FY23 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 3 periods, Q4 FY23 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 3 periods, Q4 FY23 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $874.8M | $853.7M to $937.6M | $1.33 | $1.23 to $1.50 | 17 |
| Q4 FY26 | $1B | $986.3M to $1.1B | $1.84 | $1.52 to $2.13 | 16 |
| Q1 FY27 | $900.5M | $833.7M to $970.8M | $1.35 | $1.22 to $1.49 | 8 |
| Q2 FY27 | $1.1B | $984.8M to $1.1B | $1.62 | $1.46 to $1.78 | 7 |
| Q3 FY27 | $1.2B | $1.1B to $1.2B | $1.86 | $1.68 to $2.04 | 7 |
| Q4 FY27 | $1.4B | $1.3B to $1.5B | $2.41 | $2.18 to $2.66 | 12 |
| Q1 FY28 | $1.2B | $1.1B to $1.3B | $2.06 | $1.86 to $2.27 | 9 |
| Q2 FY28 | $1.4B | $1.3B to $1.5B | $2.53 | $2.28 to $2.78 | 8 |
Peers
Companies in Communication Services nearest Reddit's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| RDDTReddit | $27.8B | 33.5× | 102× | 23.5× | 10.0× | +67% | 31.3% |
| FOXAFox | $27.9B | 17.3× | 13.7× | 11.2× | 1.6× | +5% | 9.8% |
| ROKURoku | $23.5B | 67.8× | 101× | 48.7× | 4.5× | +19% | 6.8% |
| TKOTKO | $32.8B | 60.7× | 81.4× | n/m | 6.2× | +5% | 4.3% |
| OMCOmnicom | $22.7B | 71.9× | 13.2× | 7.7× | 1.0× | +41% | 1.7% |
| FWONKLiberty Media | $22.4B | n/m | 20.6× | 42.0× | 5.2× | +12% | 9.4% |
| LYVLive Nation Entertainment | $40.9B | n/m | 92.2× | 149× | 1.6× | +11% | 0.5% |
| NWSANews | $16.6B | 29.8× | 33.2× | n/m | 1.8× | +7% | 6.3% |
| WMGWarner Music | $16.1B | 17.2× | 22.8× | n/m | 2.2× | +13% | 9.2% |
| CHTRCharter Communications | $13B | 2.8× | 17.6× | n/m | 0.2× | −1% | 9.1% |
| NYTNew York Times | $11.2B | 29.1× | 39.2× | n/m | 3.8× | +11% | 13.2% |
| Peer median | $22.5B | 29.5× | 28.0× | 42.0× | 2.0× | +11% | 7.9% |
Investors who own it
Investors we follow who held Reddit at the end of Jun 30, 2026, from their 13F filings.
- Chase ColemanTiger Global Management1.8% of portfolioadded
- Dan SundheimD1 Capital Partners1.2% of portfolioadded
- Baillie GiffordBaillie Gifford1.1% of portfoliotrimmed
- Philippe LaffontCoatue Management1.0% of portfolio
- Andreas HalvorsenViking Global Investors0.8% of portfoliotrimmed
- Stanley DruckenmillerDuquesne Family Office0.2% of portfolionew
- Ron BaronBaron Capital0.0% of portfolioadded
More on Reddit
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #1of 42Communication services stocks with the fastest earnings growth
- #4of 102Communication services stocks with the highest profit margins
- #5of 108Communication services stocks with the fastest revenue growth
- #2of 16Communication services stocks with the fastest expected revenue growth
- #10of 15Communication services stocks with the lowest forward PE
Its groups
About
- Industry
- Internet Content & Information
- Sector
- Communication Services
Valuation data, not investment advice. Prices as of .