Reddit, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Steven Ladd Huffman
- Full Time Employees
- 2,555
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- South Tower San Francisco CA United States 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
Magnite vs. Reddit: Which Media Stock Is a Better Buy Going Into 2027?
Reddit: It's A Steal, I'm Upgrading To Strong Buy
RDDT ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Reddit Inc. Investors to Recover Losses
Reddit Stock Plunges 30% Post Q3 Earnings: Buy, Sell, or Hold?
Reddit tests ads in search results as traffic declines and growth concerns mount
Australia's social media ban challenged by Reddit and rights group in court
Why Is Reddit Stock Crashing, and is it a Buying Opportunity?
Can Reddit Shrink to Grow?
Reddit: Transition Away From Logged-Out Users Is A Major Blow
REDDIT, INC. INVESTIGATION: RDDT Securities Investors Encouraged to Contact Kirby McInerney LLP About Their Rights
These 2 Tech Stocks Both Fell 29% on Friday. Are They Buying Opportunities Now?
Trump Media Rises 6% Ahead of Midterms With No Clear Catalyst; Rumble Slides 3%, Reddit Gains 3%
RDDT vs. SPOT: Which Stock Is the Better Value Option?
Reddit Stock Crashes Again. Is the Stock a Buy on the Dip or a Value Trap?
Buy, Sell, or Hold? Today’s Top Upgrades and Downgrades: Amazon.com, Coinbase Global, CrowdStrike, FormFactor, GameStop, L3Harris Technologies, Oracle, Reddit, Rivian Automotive, and More
Reddit vs. The Trade Desk: One's Revenue Growth Overtook the Other's Lead
Reddit: Google Is Taking Its Traffic, But The Selloff Has Gone Too Far
Reddit Q3 Earnings Call Highlights
RDDT Investors Have Opportunity to Join Reddit, Inc. Fraud Investigation with SBS Law
Reddit Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Reddit (RDDT)