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Reddit RDDT Invested capital

Discontinued — last reported Q2 '26

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

Income statement

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Revenue$804.9M+61.1%
Gross profit$734.6M+61.9%
Operating income$231.7M+242%
Net income$252.8M+183%
EPS (diluted)$1.25+178%

Balance sheet

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Cash & equivalents$1.5B+103%
Total debt$20.9M-17.1%
Total equity$3.3B+37.7%
Total assets$3.6B+38.2%

Cash flow

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Operating cash flow$261.9M+135%
CapEx-$1.1M-325%
Free cash flow$260.7M+135%

Valuation

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Market cap$27.06B-28.3%
Enterprise value$25.6B-30.9%
P/E31.1×
P/S9.7×-12.9×

Profitability

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Gross margin91.4%+0.4pp
Operating margin28.2%+23.5pp
Net margin31.3%
FCF margin36.7%+12.9pp

Returns & leverage

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Return on equity30.7%
Debt / equity0.0×
Current ratio10.5×-1.5×

Where this comes from

Reported directly by Reddit in its filing.

The source filing: Reddit’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:09 PM EDT
Accession
0001713445-26-000098

FAQ

What is Reddit's invested capital?
Reddit (RDDT) reported invested capital of $1.82B in Q2 2026.
How has Reddit's invested capital changed year-over-year?
Reddit's invested capital increased by 8.4% year-over-year, from $1.68B to $1.82B.
What is the long-term trend for Reddit's invested capital?
Over 2 years (2023 to 2025), Reddit's invested capital has grown at a 59.2% compound annual growth rate (CAGR), from -$788.35M to $2B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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