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Reddit RDDT Q4 2024 Annual earnings

Reported February 12, 2025 · After market close

Revenue estimate$405.8M
EPS estimate$0.25

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$729.2M
EPS estimate$0.99

Financials

Q4 2024

Income statement

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Revenue$427.7M+71.3%
Gross profit$395.9M+79.3%
Operating income-

Balance sheet

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Cash & equivalents$562.1M+40.1%
Total debt$26.7M+3.7%
Total equity$2.1B+616%
Total assets$2.3B+46.4%

Cash flow

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Operating cash flow$90.0M+616%
CapEx$842.0K-81.7%
Free cash flow$89.2M+505%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$28.7B
Enterprise value$28.16B
P/S22.1×

Profitability

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Gross margin90.5%+4.3pp
Operating margin-47.2%-120pp
FCF margin16.6%+12.0pp

Returns & leverage

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Debt / equity
Current ratio12.6×+1.6×

Segments

By product

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Advertising revenue$394.5M+59.8%
Other revenue$33.2M+1,043%

By geography

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United States$347.7M+70.1%

Versus estimates

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Questions, answered.

When did Reddit report Q4 2024 earnings?
Reddit (RDDT) reported Q4 2024 earnings on February 12, 2025 after market close.
What were Reddit's Q4 2024 revenue and EPS?
Reddit reported revenue of $427.7M and diluted EPS of $0.36 for Q4 2024.
Did Reddit beat estimates in Q4 2024?
Revenue beat the consensus estimate of $405.8M by $21.9M. EPS beat the consensus estimate of $0.25 by $0.11.
Where can I find Reddit's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001713445-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.