--- title: "Reddit: Metrics Guide" description: "Reddit revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/reddit/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Reddit: Financial & Operating Metrics Guide ## Direct Answer Reddit reported revenue of $2.2 billion for the fiscal year ended December 31, 2025, with an operating margin of 20.1% and net income of $530 million, according to its SEC filings. Revenue grew 69.4% from the prior year. ## What Are Reddit's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $2.2 billion | $1.3 billion | $804 million | $667 million | | Operating income | $442 million | -$561 million | -$140 million | -$172 million | | Operating margin | 20.1% | -43.1% | -17.4% | -25.8% | | Net income | $530 million | -$484 million | -$91 million | -$159 million | | Net margin | 24.1% | -37.2% | -11.3% | -23.8% | | Operating cash flow | $691 million | $222 million | -$75 million | -$94 million | | Capital expenditures | $7 million | $6 million | $10 million | $6 million | | Free cash flow | $684 million | $216 million | -$85 million | -$100 million | Operating margin widened by 63.2 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $684 million against net income of $530 million; cash generation covered reported earnings. ![Bar chart of Reddit revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $2.2 billion, operating income $442 million and net income $530 million.](https://www.getswoopr.com/images/charts/reddit-metrics-revenue-profit.webp) *Reddit revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Reddit operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 20.1% and net margin was 24.1%.](https://www.getswoopr.com/images/charts/reddit-metrics-margins.webp) *Reddit operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Reddit operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $691 million, capital expenditures was $7 million, free cash flow was $684 million.](https://www.getswoopr.com/images/charts/reddit-metrics-cash-flow.webp) *Reddit operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Reddit's Balance Sheet Show? | Cash and cash equivalents | $954 million | | --- | --- | | Long-term debt | Not reported | | Total assets | $3.2 billion | | Total liabilities | $310 million | | Shareholders' equity | $2.9 billion | | Current ratio | 11.6x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## 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 ### What was Reddit's revenue in fiscal 2025? Reddit reported revenue of $2.2 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Reddit's operating margin? Reddit's operating margin was 20.1% in fiscal 2025: operating income of $442 million on revenue of $2.2 billion. ### How much free cash flow did Reddit generate? Operating cash flow of $691 million less capital expenditures of $7 million gives free cash flow of $684 million for fiscal 2025. ## 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. 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