GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Reddit Inc (NYSE:RDDT) » Definitions » Research & Development

Reddit (Reddit) Research & Development : $548.6 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Reddit Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Reddit's Research & Development for the three months ended in Mar. 2024 was $437.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $548.6 Mil.


Reddit Research & Development Historical Data

The historical data trend for Reddit's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reddit Research & Development Chart

Reddit Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Research & Development
117.53 256.98 365.16 438.35

Reddit Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.23 108.77 - 111.57 437.03

Reddit Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $548.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reddit  (NYSE:RDDT) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Reddit Research & Development Related Terms

Thank you for viewing the detailed overview of Reddit's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.


Reddit (Reddit) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

Reddit (Reddit) Headlines

From GuruFocus

Reddit Announces Pricing of Initial Public Offering

By Business Wire 03-20-2024