Reddit, Inc.

RDDT 10-Q · Q1 2026
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RDDT Q1 2026 request

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Income Statement

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Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 663,411 392,361 +69.1%
Show Product Lines breakouts
Advertising 624,670 358,630 +74.2%
Other revenue 38,741 33,731 +14.9%
Show Geography breakouts
Non Us 137,850 78,509 +75.6%
US 525,561 313,852 +67.5%
Cost of Revenue 56,267 37,089 +51.7%
Show Business Segments breakouts
Reportable Segment 56,267 37,089 +51.7%
Research & Development 207,246 191,271 +8.4%
Sales & Marketing 151,472 90,685 +67.0%
General & Administrative 65,514 69,413 -5.6%
Total Costs & Expenses 480,499 388,458 +23.7%
Operating Income 182,912 3,903 +4586.4%
Non-Operating Income (Expense) 22,816 20,534 +11.1%
Income Before Taxes 205,728 24,437 +741.9%
Income Tax Expense (Benefit) 1,747 -1,721 +201.5%
Show Business Segments breakouts
Reportable Segment 1,747 -1,721 +201.5%
Net Income 203,981 26,158 +679.8%
Show Business Segments breakouts
Reportable Segment 203,981 26,158 +679.8%
Show Equity Components breakouts
Retained Earnings 203,981 26,158 +679.8%
EPS (Basic) 1.07 0.14 +664.3%
Show Statement Class Of Stock breakouts
Common Class A 1.07 0.14 +664.3%
Common Class B 1.07 0.14 +664.3%
EPS (Diluted) 1.01 0.13 +676.9%
Show Statement Class Of Stock breakouts
Common Class A 1.01 0.13 +676.9%
Common Class B 1.01 0.13 +676.9%
Wtd Avg Shares (Basic) 191,518,973 182,024,207 +5.2%
Show Statement Class Of Stock breakouts
Common Class A 140,276,709 126,746,933 +10.7%
Common Class B 51,242,264 55,277,274 -7.3%
Wtd Avg Shares (Diluted) 202,524,173 201,275,223 +0.6%
Show Statement Class Of Stock breakouts
Common Class A 151,281,909 145,997,949 +3.6%
Common Class B 51,242,264 55,277,274 -7.3%
Operating Expenses (Q) — — —
Show Business Segments breakouts
Reportable Segment 424,232 351,369 +20.7%
Comprehensive Income 198,638 27,448 +623.7%
Other Comprehensive Income -5,343 1,290 -514.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -5,343 1,290 -514.2%
Net Income Loss Available To Common Stockholders Basic (Q) — — —
Show Statement Class Of Stock breakouts
Common Class A 149,404 18,214 +720.3%
Common Class B 54,577 7,944 +587.0%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 1,374,348 — —
Available For Sale Securities Debt Securities Current 1,396,284 1,315,415 +6.1%
Accounts Receivable 522,905 326,131 +60.3%
Prepaid Expenses & Other Current Assets 92,397 — —
Total Current Assets 3,385,934 2,328,670 +45.4%
Non-Current Assets
Property, Plant & Equipment 11,866 — —
Operating Lease Right-of-Use Assets 19,001 23,408 -18.8%
Goodwill 42,174 — —
Other Non-Current Assets 12,265 8,222 +49.2%
Total Assets 3,484,283 2,437,024 +43.0%
Intangible Assets 13,018 22,931 -43.2%
Show Finite Lived Intangible Assets By Major Class breakouts
Developed Technology Rights 13,018 22,931 -43.2%
Other Assets
Intangible Assets Net Excluding Goodwill 13,043 22,943 -43.2%
Current Liabilities
Accounts Payable 51,743 43,870 +17.9%
Operating Lease Liability Current 7,170 6,376 +12.5%
Accrued Liabilities 206,970 136,575 +51.5%
Total Current Liabilities 265,883 186,821 +42.3%
Deferred Revenue (Current) 28,296 20,718 +36.6%
Non-Current Liabilities
Operating Lease Liabilities 14,118 20,174 -30.0%
Other Non-Current Liabilities 24,566 12,908 +90.3%
Total Liabilities 304,567 219,903 +38.5%
Stockholders' Equity
Common Stock (Q) — — —
Show Statement Class Of Stock breakouts
Common Class A 14 13 +7.7%
Common Class B 5 5 0.0%
Additional Paid-In Capital 3,647,812 3,390,469 +7.6%
Accumulated Other Comprehensive Income -979 1,314 -174.5%
Retained Earnings -467,136 -1,174,680 +60.2%
Total Stockholders' Equity 3,179,716 2,217,121 +43.4%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -979 1,314 -174.5%
Additional Paid In Capital 3,647,812 3,390,469 +7.6%
Common Stock · Common Class A 14 13 +7.7%
Common Stock · Common Class B 5 5 0.0%
Retained Earnings -467,136 -1,174,680 +60.2%
Total Liabilities & Equity 3,484,283 2,437,024 +43.0%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 4,210 3,963 +6.2%
Show Business Segments breakouts
Reportable Segment 4,210 3,963 +6.2%
Reportable Segment · Operating Expense 4,210 3,963 +6.2%
Operating Lease Right Of Use Asset Amortization Expense 1,676 1,468 +14.2%
Accretion Amortization Of Discounts And Premiums Investments -4,297 -8,884 +51.6%
Stock-Based Compensation 68,336 85,414 -20.0%
Other Non-Cash Items -691 -138 -400.7%
Change in Accounts Receivable 67,957 23,359 +190.9%
Change in Prepaid & Other Assets -23,752 -17,006 -39.7%
Increase Decrease In Operating Lease Asset And Liability -1,815 -1,780 -2.0%
Change in Accounts Payable -10,983 -1,046 -950.0%
Increase Decrease In Accrued Liabilities 7,631 16,070 -52.5%
Net Cash from Operations 312,253 127,578 +144.8%
Investing Activities
Capital Expenditures -1,090 -979 -11.3%
Purchases of Investments -364,929 -504,846 +27.7%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 474,468 465,062 +2.0%
Proceeds From Sale Of Available For Sale Securities Debt 17,989 12,372 +45.4%
Other Investing Activities -1,616 889 -281.8%
Net Cash from Investing 124,822 -27,502 +553.9%
Financing Activities
Proceeds From Stock Options Exercised 4,899 10,184 -51.9%
Tax Withholding for Share Compensation -16,196 -36,675 +55.8%
Share Repurchases -4,999 — —
Net Cash from Financing -16,296 -26,491 +38.5%
Other Cash Flow
Net Change in Cash 420,779 73,585 +471.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,374,348 635,727 +116.2%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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