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Reddit (RDDT) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Reddit Revenue Highlights

Latest Revenue (Y)

$1.30B

Latest Revenue (Q)

$348.35M

Main Segment (Y)

Advertising

Main Geography (Y)

UNITED STATES

Reddit Revenue by Period

Reddit Revenue by Year

DateRevenueChange
2024-12-31$1.30B61.71%
2023-12-31$804.03M20.60%
2022-12-31$666.70M37.49%
2021-12-31$484.92M111.84%
2020-12-31$228.91M-

Reddit generated $1.30B in revenue during NA 2024, up 61.71% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Reddit Revenue by Quarter

DateRevenueChange
2024-09-30$348.35M23.89%
2024-06-30$281.18M15.73%
2024-03-31$242.96M-2.72%
2023-12-31$249.75M20.36%
2023-09-30$207.51M13.37%
2023-06-30$183.03M11.78%
2023-03-31$163.74M-18.30%
2022-12-31$200.43M16.84%
2022-09-30$171.53M15.47%
2022-06-30$148.56M1.62%
2022-03-31$146.18M-17.26%
2021-12-31$176.67M45.78%
2021-09-30$121.19M12.15%
2021-06-30$108.05M36.77%
2021-03-31$79.00M-15.11%
2020-12-31$93.06M-

Reddit generated $348.35M in revenue during Q3 2024, up 23.89% compared to the previous quarter, and up 190.32% compared to the same period a year ago.

Reddit Revenue Breakdown

Reddit Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Advertising$1.19B
Other Revenue$114.75M

Reddit's latest annual revenue breakdown by segment (product or service), as of Dec 24: Advertising (91.17%), and Other Revenue (8.83%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24
Other Revenue$61.22M$33.25M$20.28M
Advertising$647.67M$315.10M$222.68M

Reddit's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Advertising (91.36%), and Other Revenue (8.64%).

Reddit Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
Non-US$236.65M
UNITED STATES$1.06B

Reddit's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (81.80%), and Non-US (18.20%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24
Non-US$133.07M$60.41M$43.16M
UNITED STATES$575.82M$287.94M$199.80M

Reddit's latest quarterly revenue breakdown by geography, as of Dec 24: UNITED STATES (81.23%), and Non-US (18.77%).

RDDT Revenue FAQ

What is Reddit’s yearly revenue?

Reddit's yearly revenue for 2024 was $1.3B, representing an increase of 61.71% compared to 2023. The company's yearly revenue for 2023 was $804.03M, representing an increase of 20.60% compared to 2022. RDDT's yearly revenue for 2022 was $666.7M, representing an increase of 37.49% compared to 2021.

What is Reddit’s quarterly revenue?

Reddit's quarterly revenue for Q3 2024 was $348.35M, a 23.89% increase from the previous quarter (Q2 2024), and a 67.87% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $281.18M, a 15.73% increase from the previous quarter (Q1 2024), and a 53.63% increase year-over-year (Q2 2023). RDDT's quarterly revenue for Q1 2024 was $242.96M, a -2.72% decrease from the previous quarter (Q4 2023), and a 48.38% increase year-over-year (Q1 2023).

What is Reddit’s revenue growth rate?

Reddit's revenue growth rate for the last 3 years (2022-2024) was 95.02%, and for the last 5 years (2020-2024) was 468.00%.

What are Reddit’s revenue streams?

Reddit's revenue streams in c 24 are Advertising, and Other Revenue. Advertising generated $1.19B in revenue, accounting 91.17% of the company's total revenue Other Revenue generated $114.75M in revenue, accounting 8.83% of the company's total revenue

What is Reddit’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Reddit was Advertising. This segment made a revenue of $1.19B, representing 91.17% of the company's total revenue.