Reddit, Inc.
For the period ended Mar 31, 2025. Filed May 2, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 2, 2025
RDDT$100.79+6.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Three months ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenue | $392,361 | $242,963 |
| Costs and expenses: | ||
| Cost of revenue | 37,089 | 27,616 |
| Research and development | 191,271 | 437,030 |
| Sales and marketing | 90,685 | 124,095 |
| General and administrative | 69,413 | 243,477 |
| Total costs and expenses | 388,458 | 832,218 |
| Income (loss) from operations | 3,903 | (589,255) |
| Other income (expense), net | 20,534 | 14,554 |
| Income (loss) before income taxes | 24,437 | (574,701) |
| Income tax expense (benefit) | (1,721) | 365 |
| Net income (loss) | $26,158 | $(575,066) |
| Net income (loss) per share attributable to Class A and Class B common stock (Note 4) | ||
| Basic | $0.14 | $(8.19) |
| Diluted | $0.13 | $(8.19) |
| Weighted-average shares of Class A and Class B common stock used to compute net income (loss) per share attributable to common stockholders | ||
| Basic | 182,024,207 | 70,240,492 |
| Diluted | 201,275,223 | 70,240,492 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.