Reddit
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Reddit's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $804,029,000. The net income raised on -$90,824,000 and profit margin reached -11%. Total operating expenses were $833,179,000.
Profit Margin
| 2020 | 228.90M | -59.17M | -25.85% |
|---|---|---|---|
| 2021 | 484.91M | -127.89M | -26.37% |
| 2022 | 666.70M | -158.55M | -23.78% |
| 2023 | 804.02M | -90.82M | -11.3% |
RDDT Income Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 804.02M | 666.70M | 484.91M | 228.90M |
Cost of revenue | 111.01M | 104.79M | 72.56M | 55.02M |
Gross profit | 693.01M | 561.90M | 412.35M | 173.88M |
Operating exp. | ||||
Research and development | 438.34M | 365.16M | 257.27M | 117.52M |
Selling and marketing | 230.17M | 225.07M | 137.86M | 75.39M |
Total operating expenses | 833.17M | 719.83M | 539.90M | 232.95M |
Operating income | -140.16M | -172.16M | -127.21M | -62.55M |
Other income (expenses), net | 53.13M | 14.23M | -343K | 3.48M |
Income before tax | -87.02M | -157.92M | -127.55M | -59.07M |
Income tax expense | 3.80M | 622K | 340K | 102K |
Net income | -90.82M | -158.55M | -127.89M | -59.17M |
Earnings per share | ||||
Basic EPS | -1.54 | -2.77 | -2.47 | -1.23 |
Diluted EPS | -1.54 | -2.77 | -2.47 | -1.23 |