Reddit, Inc.
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 6, 2026
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 Balance Sheets
(in thousands, except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $953,569 | $562,092 |
| Marketable securities | 1,523,242 | 1,278,717 |
| Accounts receivable, net | 590,162 | 349,534 |
| Prepaid expenses and other current assets | 69,012 | 33,058 |
| Total current assets | 3,135,985 | 2,223,401 |
| Property and equipment, net | 12,710 | 12,652 |
| Operating lease right-of-use assets, net | 20,788 | 23,249 |
| Intangible assets, net | 15,521 | 25,424 |
| Goodwill | 42,174 | 42,174 |
| Other noncurrent assets | 11,995 | 9,695 |
| Total assets | $3,239,173 | $2,336,595 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| Current liabilities: | ||
| Accounts payable | $62,929 | $45,423 |
| Operating lease liabilities | 7,023 | 6,137 |
| Accrued expenses and other current liabilities | 201,331 | 124,464 |
| Total current liabilities | 271,283 | 176,024 |
| Operating lease liabilities, noncurrent | 16,191 | 20,565 |
| Other noncurrent liabilities | 22,661 | 9,257 |
| Total liabilities | 310,135 | 205,846 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity (deficit): | ||
| Preferred stock, par value $0.0001 per share; 100,000,000 authorized as of December 31, 2025 and 2024; no shares issued and outstanding as of December 31, 2025 and 2024 | — | — |
| Class A common stock, par value $0.0001 per share; 2,000,000,000 shares authorized as of December 31, 2025 and 2024; 139,218,373 and 125,001,880 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 14 | 12 |
| Class B common stock, par value $0.0001 per share; 140,000,000 shares authorized as of December 31, 2025 and 2024; 51,673,735 and 55,314,099 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 5 | 5 |
| Class C common stock, par value $0.0001 per share; 100,000,000 shares authorized as of December 31, 2025 and 2024; no shares issued and outstanding as of December 31, 2025 and 2024 | — | — |
| Additional paid-in capital | 3,595,772 | 3,331,546 |
| Accumulated other comprehensive income (loss) | 4,364 | 24 |
| Accumulated deficit | (671,117) | (1,200,838) |
| Total stockholders’ equity (deficit) | 2,929,038 | 2,130,749 |
| Total liabilities and stockholders’ equity (deficit) | $3,239,173 | $2,336,595 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.