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Reddit (Reddit) Revenue : $492.7 Mil (TTM As of Mar. 2024)


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What is Reddit Revenue?

Reddit's revenue for the three months ended in Mar. 2024 was $243.0 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $492.7 Mil. Reddit's Revenue per Share for the three months ended in Mar. 2024 was $3.46. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $5.03.

During the past 12 months, the average Revenue per Share Growth Rate of Reddit was 36.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 52.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, Reddit's highest 3-Year average Revenue per Share Growth Rate was 52.00% per year. The lowest was 52.00% per year. And the median was 52.00% per year.


Reddit Revenue Historical Data

The historical data trend for Reddit's Revenue 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.

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Reddit Revenue Chart

Reddit Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Revenue
228.91 484.92 666.70 804.03

Reddit Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 200.43 163.74 - 249.75 242.96

Competitive Comparison of Reddit's Revenue

For the Internet Content & Information subindustry, Reddit's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reddit's Revenue Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Reddit's Revenue distribution charts can be found below:

* The bar in red indicates where Reddit's Revenue falls into.



Reddit Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 $492.7 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Reddit Revenue Related Terms

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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

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