Reddit reported revenue of $804.90M and net income of $252.85M for the quarter ended Jun 2026, up 61.1% year over year. This income statement covers 14 quarters of results from Mar 2023 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||
| Revenue | 163.74M | 183.03M | 207.51M | 249.75M | 242.96M | 281.18M | 348.35M | 427.71M | 392.36M | 499.63M | 584.91M | 725.61M | 663.41M | 804.90M |
| Cost of RevenueCost of Rev | 26.86M | 28.84M | 26.39M | 28.92M | 27.62M | 29.50M | 34.63M | 31.84M | 37.09M | 45.90M | 52.51M | 58.72M | 56.27M | 70.31M |
| Gross Profit | 136.88M | 154.19M | 181.11M | 220.83M | 215.35M | 251.68M | 313.72M | 395.86M | 355.27M | 453.73M | 532.40M | 666.89M | 607.14M | 734.60M |
| Operating items | ||||||||||||||
| Research & DevelopmentR&D | 108.77M | 109.73M | 108.28M | 111.57M | 437.03M | 142.78M | 166.70M | 188.64M | 191.27M | 196.61M | 196.38M | 198.88M | 207.25M | 231.28M |
| Selling, General & AdministrativeSG&A | 40.80M | 38.23M | 37.30M | 48.33M | 243.48M | 68.49M | 65.65M | 73.83M | 69.41M | 68.79M | 68.77M | 72.32M | 65.51M | 75.71M |
| Other Operating ExpensesOther Opex | 84.77M | 88.06M | 81.51M | 86.84M | 151.71M | 100.96M | 109.14M | 112.36M | 127.77M | 166.52M | 181.22M | 222.57M | 207.74M | 266.20M |
| Operating ExpensesOpex | 234.34M | 236.02M | 227.09M | 246.74M | 832.22M | 312.22M | 341.50M | 374.83M | 388.46M | 431.92M | 446.37M | 493.78M | 480.50M | 573.19M |
| Operating IncomeOp. Inc | -70.60M | -52.99M | -19.59M | 3.02M | -589.25M | -31.04M | 6.85M | 52.87M | 3.90M | 67.71M | 138.54M | 231.83M | 182.91M | 231.72M |
| EBIT | -70.60M | -52.99M | -19.59M | 3.02M | -589.25M | -31.04M | 6.85M | 52.87M | 3.90M | 67.71M | 138.54M | 231.83M | 182.91M | 231.72M |
| Non-operating items | ||||||||||||||
| Non Operating IncomeNon Op. Inc. | 10.72M | 13.31M | 12.65M | 16.46M | 14.55M | 20.72M | 22.97M | 17.11M | 20.53M | 21.15M | 22.04M | 22.99M | 22.82M | 25.12M |
| Net income details | ||||||||||||||
| EBT | -59.88M | -39.68M | -6.94M | 19.48M | -574.70M | -10.31M | 29.82M | 69.99M | 24.44M | 88.86M | 160.58M | 254.82M | 205.73M | 256.83M |
| Tax ProvisionsTaxes | 0.99M | 1.43M | 0.45M | 0.94M | 0.36M | -0.22M | -0.03M | -1.05M | -1.72M | -0.44M | -2.09M | 3.21M | 1.75M | 3.99M |
| Profit After TaxPAT | -60.87M | -41.11M | -7.38M | 18.53M | -575.07M | -10.10M | 29.85M | 71.04M | 26.16M | 89.30M | 162.66M | 251.60M | 203.98M | 252.85M |
| Income from Continuing OperationsIncome (Continuing) | -60.87M | -41.11M | -7.38M | 18.53M | -575.07M | -10.10M | 29.85M | 71.04M | 26.16M | 89.30M | 162.66M | 251.60M | 203.98M | 252.85M |
| Consolidated Net IncomeConsol Net Inc. | -60.87M | -41.11M | -7.38M | 18.53M | -575.07M | -10.10M | 29.85M | 71.04M | 26.16M | 89.30M | 162.66M | 251.60M | 203.98M | 252.85M |
| Income towards Parent CompanyParent Net Inc | -60.87M | -41.11M | -7.38M | 18.53M | -575.07M | -10.10M | 29.85M | 71.04M | 26.16M | 89.30M | 162.66M | 251.60M | 203.98M | 252.85M |
| Net Income towards Common StockholdersNet Income | -60.87M | -41.11M | -7.38M | 18.53M | -575.07M | -10.10M | 29.85M | 71.04M | 26.16M | 89.30M | 162.66M | 251.60M | 203.98M | 252.85M |
| Additional items | ||||||||||||||
| EPS (Basic) | -1.05 | -0.70 | -0.13 | 0.31 | -8.19 | -0.06 | 0.18 | 0.49 | 0.14 | 0.48 | 0.87 | 1.35 | 1.07 | 1.31 |
| EPS (Diluted) | -1.05 | -0.70 | -0.13 | 0.31 | -8.19 | -0.06 | 0.16 | 0.49 | 0.13 | 0.45 | 0.80 | 1.24 | 1.01 | 1.25 |
| Shares Outstanding | 58.11M | 58.51M | 58.86M | 59.14M | 70.24M | 164.38M | 169.17M | 145.47M | 182.02M | 185.44M | 188.04M | 186.38M | 191.52M | 192.35M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 58.11M | 58.51M | 58.86M | 59.14M | 70.24M | 164.38M | 192.32M | 145.47M | 201.28M | 199.52M | 202.73M | 202.11M | 202.52M | 202.03M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 51.43M | 51.49M | 51.52M | 53.90M | 163.35M | 164.38M | 169.17M | 180.32M | 182.02M | 185.44M | 188.04M | 186.38M | 191.52M | 192.35M |
| EBITDA | -70.60M | -52.99M | -19.59M | 3.02M | -589.25M | -31.04M | 6.85M | 52.87M | 3.90M | 67.71M | 138.54M | 231.83M | 182.91M | 231.72M |
| Tax Rate | -1.65% | -3.59% | -6.41% | 4.84% | -0.06% | 2.09% | -0.10% | -1.50% | -7.04% | -0.49% | -1.30% | 1.26% | 0.85% | 1.55% |