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.
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Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Year ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $2,202,506 | $1,300,205 | $804,029 |
| Costs and expenses: | |||
| Cost of revenue | 194,216 | 123,595 | 111,011 |
| Research and development | 783,145 | 935,152 | 438,346 |
| Sales and marketing | 503,863 | 350,579 | 230,175 |
| General and administrative | 279,298 | 451,447 | 164,658 |
| Total costs and expenses | 1,760,522 | 1,860,773 | 944,190 |
| Income (loss) from operations | 441,984 | (560,568) | (140,161) |
| Other income (expense), net | 86,706 | 75,361 | 53,138 |
| Income (loss) before income taxes | 528,690 | (485,207) | (87,023) |
| Income tax expense (benefit) | (1,031) | (931) | 3,801 |
| Net income (loss) | $529,721 | $(484,276) | $(90,824) |
| Net income (loss) per share attributable to Class A and Class B common stock (Note 4) | |||
| Basic | $2.84 | $(3.33) | $(1.54) |
| Diluted | $2.62 | $(3.33) | $(1.54) |
| Weighted-average shares of Class A and Class B common stock used to compute net income (loss) per share attributable to common stockholders | |||
| Basic | 186,383,271 | 145,472,389 | 59,138,086 |
| Diluted | 202,107,978 | 145,472,389 | 59,138,086 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.