Reddit (Reddit) Tax Rate % : -0.06% (As of Mar. 2024)

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What is Reddit Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Reddit's Tax Expense for the three months ended in Mar. 2024 was $0.4 Mil. Reddit's Pre-Tax Income for the three months ended in Mar. 2024 was $-574.7 Mil. Therefore, Reddit's Tax Rate % for the quarter that ended in Mar. 2024 was -0.06%.

Reddit Tax Rate % Historical Data

The historical data trend for Reddit's Tax Rate % 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 Tax Rate % Chart

Reddit Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-0.17

-0.27

-0.39

-4.37

Reddit Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial									-7.91	-1.65	-	4.84	-0.06

Reddit Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Reddit's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	3.801	/	-87.023
	=	-4.37 %

Reddit's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.365	/	-574.701
	=	-0.06 %

Reddit Tax Rate % Related Terms

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Reddit (Reddit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Reddit Inc (NYSE:RDDT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107

Website

https://www.redditinc.com

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