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Reddit RDDT Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$23.99B+259%
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$10.82M-21.4%
Alphabet Inc. logo
Alphabet Inc.GOOGL

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$29.03B-27.1%
Enterprise value$27.56B-29.5%
P/E33.3×
P/S10.5×-13.4×

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.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?
Reddit (RDDT) reported operating lease ROU assets of $18.41M in Q2 2026.
How has Reddit's operating lease ROU assets changed year-over-year?
Reddit's operating lease ROU assets decreased by 16.8% year-over-year, from $22.12M to $18.41M.
What is the long-term trend for Reddit's operating lease ROU assets?
Over 2 years (2023 to 2025), Reddit's operating lease ROU assets has grown at a -6.9% compound annual growth rate (CAGR), from $24.01M to $20.79M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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