StockCV
Reddit, Inc. logo

Reddit, Inc.

Services-Computer Processing & Data Preparation

$159.91
+2.20%
Market cap $30.8B

Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests.

It is a $30.8B technology company. Revenue grew 66.6% over the last year, it keeps 31¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 35.3× earnings — in the cheapest third of its own history.

Website
reddit.com
Location
San Francisco, CA
Employees
2 555
Sector
Technology
Founded
2011

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation47Growth45Profitability100Health75Quality60Moat30

Strong profitability and health; Valuation, Growth and Moat lag behind.

Valuation47
  • P/E vs own history14th pct · 25/25
  • FCF yield3.3% · 12/25
  • P/S11.1x · 5/25
  • EV/EBITDA36.5x · 5/25
Growth45
  • Revenue CAGR46.0% · 25/25
  • Net income CAGRn/a · 0/25
  • EPS CAGR ~5Yn/a · 0/25
  • Fwd implied growth18.8% · 20/25
Profitability100
  • ROIC111.4% · 25/25
  • ROE29.0% · 25/25
  • Net margin31.3% · 25/25
  • Operating margin28.3% · 25/25
Health75
  • Altman Zn/a · 0/25
  • Current ratio10.49 · 25/25
  • Interest coverageno interest expense · 25/25
  • Net cash / debtNet cash · 25/25
Quality60
  • Piotroski F6/9 · 15/25
  • Beneish M-2.31 · 20/25
  • FCF conversion117% · 25/25
  • Margin stabilityσ 58.9% · 0/25
Moat30
  • ROIC >12% years1/5 yrs · 0/25
  • Median gross margin86.2% · 25/25
  • FCF-positive years2/5 yrs · 5/25
  • Worst-year net marginworst -37.2% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2025Financial
    Turned profitable
    $530M net income after a loss year
  2. FY2025Financial
    Best year on record
    $530M net income
  3. FY2024Financial
    Revenue crossed $1B
    $1.30B for the year
  4. 2024IPO
    The company became a public company via an initial public offering, raising $600 million
  5. 2018Product
    Reddit launched its redesigned website in 2018, with its first major visual update in a decade
  6. 2017Product
    Reddit's in-house video uploading service for desktop and mobile launched in 2017
  7. 2013Product
    Reddit rolled out its multireddit feature, the site's biggest change to its front page in years, in 2013
  8. 2011Founded
    Ohanian claimed that rather than Swartz being a co-founder, the correct description would be that Swartz's…
  9. 2011Milestone
    Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications
  10. 2008Milestone
    And later…
  11. 2006Acquisition
    Condé Nast Publications acquired the site in October 2006
  12. 2005Acquisition
    Between November 2005 and January 2006, Reddit merged with Aaron Swartz's company Infogami
  13. 2005Product
    Supported by the funding from Y Combinator, Huffman coded the site in Common Lisp and together with Ohanian launched…

Achievements

Verifiable track record, straight from the reported numbers.

$2.2B revenue in FY2025
Revenue up 66.6% year over year
2 555 employees
ROIC of 111.4%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • High gross margin (91.4%)
  • Strongly profitable — 31.3% net margin
  • Revenue growing 66.6% year over year
  • Strong cash conversion — FCF is 36.7% of revenue
  • Net cash position after subtracting debt from cash

Watch-outs

  • Loss-making in 4 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

7 of 10 checks passed
  • Revenue growing+66.6% YoY
  • Profitable$871M TTM
  • Profit growing+209.4% YoY
  • Generates cash$1.02B TTM
  • Debt under controlmore cash than debt
  • Established company$30.8B market cap
  • Not printing shares+258.5% shares over ~5y
  • Proven track record1/5 profitable years
  • Financially stablehealth score 50/100
  • Pays a dividendno data
  • Valuation not extremeP/E 35.3
Peer comparisonReddit, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
RDDT this company$30.8B35.3+66.6%31.3%Mixed
NVDA Nvidia Corp$5.5T28.6+83.4%63.7%Mixed
AAPL Apple Inc.$4.9T38.1+14.2%27.6%Strong
GOOGL Alphabet Inc.$4.3T17.6+20.1%54.8%Mixed
MSFT Microsoft Corp$4.0T29.7+17.8%40.3%Strong
SPCX Space Exploration Technologies Corp.$2.1T—+33.2%-34.0%Strained
META Meta Platforms, Inc.$1.8T26.9+27.7%29.8%Mixed

Head-to-head: RDDT vs NVDA · RDDT vs AAPL · RDDT vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 9Buy 17Hold 11Sell 1

Appendix · Financial records

The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of RDDT on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $159.91 · market cap $30.8B.