Reddit, Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Steven Ladd Huffman
- Full Time Employees
- 2,555
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- South Tower San Francisco CA United States of America 94107
- IPO Date
- Mar 21, 2024
- CIK
- 0001713445
- Website
- redditinc.com
- Similar Companies
- Business
- Reddit, Inc. (RDDT) operates a social news aggregation, discussion, and community platform that enables users worldwide to post content, engage in conversations, vote on submissions via upvotes and downvotes, and organize into specialized subreddits based on interests such as news, hobbies, gaming, sports, health, and entertainment; core offerings include text-based discussions, link sharing, image and video uploads, live audio via Reddit Talk, premium memberships with ad-free access and exclusive features like snoovatars and r/lounge, Reddit Answers for AI-powered conversation summaries, advertising solutions encompassing display ads, video ads, promoted posts, and AI-driven tools for trend insights and campaign testing, data licensing to AI firms, and moderator tools for community management. The company generates revenue primarily from advertising sales and premium subscriptions while serving millions of daily and weekly active users across desktop, mobile apps, and web interfaces. Founded in 2005 by Steve Huffman and Alexis Ohanian and headquartered at 548 Market Street in San Francisco, California, Reddit conducts operations internationally with a focus on user growth through machine translation, localized content, and expansions in markets like Brazil; it employs over 2,200 people and maintains more than 100,000 active communities with billions of posts and comments. Recent developments include Reddit's initial public offering on the New York Stock Exchange in March 2024, which transitioned the company from private ownership under Advance Publications to a fully public entity with a market capitalization exceeding $10 billion; strategic data licensing partnerships with OpenAI and Google, initiated in early 2024 and valued at over $200 million in multi-year contracts to train AI models on Reddit content while providing moderators with AI enhancements. In December 2024, Reddit launched Reddit Answers, an AI search tool for summarizing discussions, alongside expansions in search functionality, video ad inventory, and B2B audience targeting via a December 2025 partnership with Bombora for company-level ad precision; the company also reports robust growth with revenue up 68% year-over-year to $585 million, daily active users surpassing 116 million, and active advertisers increasing 75% through international localization and premium creator tools like private subreddit subscriptions and e-commerce integrations.
Company News
Reddit vs. The Trade Desk: Here's the Better Media Stock to Buy in 2026
Reddit CEO Dumps Over 17,000 Shares for $2.8 Million After the Stock's 39% One-Year Decline
Reddit Inc. (RDDT) Stock Slides as Market Rises: Facts to Know Before You Trade
RDDT Expands Global Footprint: Can It Stay Ahead of PINS & SNAP?
Reddit Inc. (RDDT) Is a Trending Stock: Facts to Know Before Betting on It
AppLovin vs. Reddit: Which Technology Stock Is a Better Buy in 2026?
Meta Rises 3% as Its Month-Long Run Extends on Muse Buzz; Reddit Nudges Higher
Reddit is ramping up its war on marketing slop
Pinterest Sinks 5% as Month-Long Slide Deepens; Reddit Slips, Snap Stays Put
Reddit's Valuation Is A Compelling Opportunity: Upgrading To Strong Buy
Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?
Reddit Scores a Key Win in Anthropic Case. Why It's Good for the Stock.
Corient Private Wealth LP Has $5.19 Million Stock Holdings in Reddit Inc. $RDDT
Reddit Inc. (RDDT) Stock Slides as Market Rises: Facts to Know Before You Trade
Jennifer Wong Sells 60,000 Shares of Reddit (NYSE:RDDT) Stock
Reddit's COO Sells 60,000 Shares Worth $9.7 Million Amid a 36% Stock Price Decline Over the Past Year
Stocks Rally as Oil Prices, Treasury Yields Cool
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'
RDDT vs. GOOGL: Which Digital Advertising Stock Has an Edge Right Now?
Reddit Drops 4% Despite User Growth; Meta Platforms Holds Steady, Snap Rises 1%