---
title: "Reddit: Competitors & Industry Structure"
description: "Reddit compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/reddit/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Reddit: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Reddit under SIC code 7374 (Services-Computer Processing & Data Preparation). Among Swoopr's S&P 500 Equal Weight companies, 29 others share that classification; by latest reported revenue, Reddit ranks 5 of 30. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Reddit Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Automatic Data Processing (ADP)](https://www.getswoopr.com/stocks/companies/automatic-data-processing/) | $20.6 billion FY2025 | 7.1% | n/a | 19.8% |
| [Workday (WDAY)](https://www.getswoopr.com/stocks/companies/workday/) | $9.6 billion FY2026 | 13.1% | 7.5% | 7.3% |
| [Toast Inc. (TOST)](https://www.getswoopr.com/stocks/companies/toast-inc/) | $6.2 billion FY2025 | 24.1% | 4.7% | 5.6% |
| [Verisk Analytics (VRSK)](https://www.getswoopr.com/stocks/companies/verisk-analytics/) | $3.1 billion FY2025 | 6.6% | 43.7% | 29.6% |
| **Reddit (RDDT)** | $2.2 billion FY2025 | 69.4% | 20.1% | 24.1% |
| [Pegasystems Inc. (PEGA)](https://www.getswoopr.com/stocks/companies/pegasystems-inc/) | $1.7 billion FY2025 | 16.6% | 15.1% | 22.5% |
| [TaskUs Inc. (TASK)](https://www.getswoopr.com/stocks/companies/taskus-inc/) | $1.2 billion FY2025 | 19.0% | 11.9% | 8.6% |
| [Shutterstock Inc. (SSTK)](https://www.getswoopr.com/stocks/companies/shutterstock-inc/) | $990 million FY2025 | 5.8% | 7.6% | 4.6% |
| [NerdWallet Inc. (NRDS)](https://www.getswoopr.com/stocks/companies/nerdwallet-inc/) | $837 million FY2025 | 21.7% | 7.8% | 5.8% |
| [GoodRx Holdings Inc. (GDRX)](https://www.getswoopr.com/stocks/companies/goodrx-holdings-inc/) | $797 million FY2025 | 0.6% | 11.0% | 3.8% |
| [8x8 Inc (EGHT)](https://www.getswoopr.com/stocks/companies/8x8-inc/) | $736 million FY2026 | 2.9% | 2.6% | 0.2% |
| [Cars.com Inc. (CARS)](https://www.getswoopr.com/stocks/companies/cars-com-inc/) | $723 million FY2025 | 0.6% | 8.3% | 2.8% |
| [Applied Digital Corporation (APLD)](https://www.getswoopr.com/stocks/companies/applied-digital-corporation/) | $611 million FY2026 | 167.5% | -38.7% | -40.9% |
| [Hinge Health Inc. (HNGE)](https://www.getswoopr.com/stocks/companies/hinge-health-inc/) | $588 million FY2025 | 50.6% | -92.9% | -89.9% |
| [Yext Inc. (YEXT)](https://www.getswoopr.com/stocks/companies/yext-inc/) | $447 million FY2026 | 6.1% | 10.0% | 8.5% |
| [Ooma Inc. (OOMA)](https://www.getswoopr.com/stocks/companies/ooma-inc/) | $274 million FY2026 | 6.5% | 1.6% | 2.4% |
| [Innodata Inc. (INOD)](https://www.getswoopr.com/stocks/companies/innodata-inc/) | $252 million FY2025 | 47.6% | 15.8% | 12.8% |
| [Smartbird Inc. (BIRD)](https://www.getswoopr.com/stocks/companies/smartbird-inc/) | $152 million FY2025 | -19.7% | -52.4% | -50.7% |
| [Firy Inc. (FIRY)](https://www.getswoopr.com/stocks/companies/firy-inc/) | $104 million FY2025 | 12.5% | -61.2% | -67.4% |
| [Gloo Holdings Inc. (GLOO)](https://www.getswoopr.com/stocks/companies/gloo-holdings-inc/) | $95 million FY2026 | 307.7% | -114.3% | -166.0% |
| [Veritone Inc. (VERI)](https://www.getswoopr.com/stocks/companies/veritone-inc/) | $92 million FY2025 | -0.5% | -88.1% | -121.2% |
| [D-Wave Quantum Inc. (QBTS)](https://www.getswoopr.com/stocks/companies/d-wave-quantum-inc/) | $25 million FY2025 | 178.5% | -408.2% | -1444.1% |
| [ReposiTrak Inc. (TRAK)](https://www.getswoopr.com/stocks/companies/repositrak-inc/) | $23 million FY2025 | 10.5% | 27.5% | 29.3% |
| [Onfolio Holdings Inc. (ONFO)](https://www.getswoopr.com/stocks/companies/onfolio-holdings-inc/) | $11 million FY2025 | 36.5% | -25.7% | -24.1% |
| [Datacentrex Inc. (DTCX)](https://www.getswoopr.com/stocks/companies/datacentrex-inc/) | $7 million FY2025 | 939640.5% | -113.7% | -122.1% |
| [SharonAI Holdings Inc. (SHAZ)](https://www.getswoopr.com/stocks/companies/sharonai-holdings-inc/) | $2 million FY2025 | 257.4% | -880.0% | -2529.2% |
| [Data Storage Corporation (DTST)](https://www.getswoopr.com/stocks/companies/data-storage-corporation/) | $1 million FY2025 | 13.4% | -258.4% | 1389.4% |
| [FreeCast Inc. (CAST)](https://www.getswoopr.com/stocks/companies/freecast-inc/) | $628,149 FY2025 | 23.7% | -2189.8% | -2239.3% |
| [Corvex Inc. (MOVE)](https://www.getswoopr.com/stocks/companies/corvex-inc/) | $433,000 FY2025 | -57.3% | -3580.4% | -4222.9% |
| [Auddia Inc. (AUUD)](https://www.getswoopr.com/stocks/companies/auddia-inc/) | $0 FY2025 | n/a | n/a | n/a |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Reddit and 7 peers: Workday (WDAY) 7.5%, Toast Inc. (TOST) 4.7%, Verisk Analytics (VRSK) 43.7%, Reddit (RDDT) 20.1%, Pegasystems Inc. (PEGA) 15.1%, TaskUs Inc. (TASK) 11.9%, Shutterstock Inc. (SSTK) 7.6%, NerdWallet Inc. (NRDS) 7.8%.](https://www.getswoopr.com/images/charts/reddit-competitors-peer-margins.webp)
*Operating margin of Reddit against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Reddit Rank Among All SEC Filers in Its Industry Code?

29 companies with annual reports in Swoopr's SEC dataset share SIC code 7374 (Services-Computer Processing & Data Preparation), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Reddit | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $2.2 billion | $447 million | 5 of 29 |
| Revenue growth | 69.4% | 13.4% | 6 of 29 |
| Operating margin | 20.1% | 2.1% | 3 of 28 |
| Net margin | 24.1% | 2.8% | 4 of 29 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Reddit reported in its own SEC filings, read from the SEC's XBRL data (accession 0001713445-26-000022 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Reddit's competitors?

Companies sharing Reddit's SEC classification (SIC code 7374 (Services-Computer Processing & Data Preparation)) include Automatic Data Processing (ADP), Workday (WDAY), Toast Inc. (TOST), Verisk Analytics (VRSK), Pegasystems Inc. (PEGA). Its 10-K names the competitors it considers most relevant.

### How does Reddit compare with its peers on margins?

Reddit's fiscal 2025 operating margin was 20.1%, against a peer median of 1.6%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Reddit rank among all companies in its SEC industry?

Among 29 SEC filers under SIC code 7374, Reddit ranks 5 by latest revenue, and 3 of 28 by operating margin (20.1% against a median of 2.1%).

## References

- [SEC EDGAR: Reddit, Inc. Form 10-K filed February 6, 2026](https://www.sec.gov/Archives/edgar/data/1713445/000171344526000022/rddt-20251231.htm)
- [SEC EDGAR: Reddit, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1713445&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Reddit company dossier](https://www.getswoopr.com/stocks/companies/reddit/)
- [Reddit financial metrics](https://www.getswoopr.com/stocks/companies/reddit/metrics/)
- [Reddit financial risk indicators](https://www.getswoopr.com/stocks/companies/reddit/risks/)
- [Reddit peer comparison](https://www.getswoopr.com/stocks/companies/reddit/competitors/)
- [Reddit business model and revenue mix](https://www.getswoopr.com/stocks/companies/reddit/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
