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Reddit, Inc. (RDDT)

SEC filings, insider trading & institutional ownership from EDGAR.

NYSEIPO • Mar 2024FinancialsFinancial Services

Reddit, Inc. is a global digital platform organized into over 100,000 active user-created communities, or subreddits, where members share content, discuss interests, and build trusted, interest-based connections. Founded in 2011 as a Delaware corporation and headquartered in San Francisco, Reddit completed its IPO in March 2024 and trades on the NYSE under "RDDT." As of December 31, 2025, the platform averaged 121.4 million daily active uniques and 471.6 million weekly active uniques, with approximately 57% of users located outside the United States and international DAUq growing 28% year-over-year to 68.9 million. The company's content library includes over two billion posts and 22 billion comments, making it a major source of human-generated conversational data frequently cited in AI training and large language models.

Reddit's business model centers on community-driven content curation via upvoting/downvoting, volunteer moderation, and customizable subreddit tools, fostering authentic, high-trust engagement that differentiates it from algorithm- or celebrity-driven social platforms. Revenue is primarily generated through advertising, leveraging contextual and interest-based targeting, first-party data, and AI-powered tools such as Reddit Insights, Conversation Summary Add-ons, and Max campaigns to help advertisers reach high-intent audiences with measurable ROI; the company also pursues content licensing partnerships with technology and financial services firms. Growth strategies include expanding awareness and engagement, positioning Reddit as a search destination (over 80 million weekly searchers as of Q4 2025), growing the international user base through machine translation (live in 35 languages) and localized content, and broadening advertiser diversity across new verticals and geographies.

The company faces competition from major platforms including Google, Meta, YouTube, TikTok, Pinterest, X, and LLM providers like ChatGPT and Gemini, both for user time and advertising spend. Reddit holds approximately 400 trademarks and over 120 copyright registrations, with several pending patent applications, and operates in a heavily regulated environment spanning privacy, data protection, content moderation, and consumer protection laws globally. As of December 31, 2025, the company employed 2,555 people, including 1,981 in the United States, and emphasizes a mission-driven culture centered on community empowerment and employee belonging.

AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.

RevenueFY2025
$2.2B
▲ 69.4%YoY
Net incomeFY2025
$529.72M
▲ 209.4%YoY
Diluted EPSFY2025
$2.62
▲ 178.7%YoY
Gross margin
91.2%
▲ 69 bpsYoY
Insider net6 mo
−167.4K
shares19 sells0 buys
Institutions
48
$17.13B held

Financials

As reported to the SEC via XBRL, no adjustments

All financials →
Revenue & net income
-$1B$1B$2B$3B
FY2024FY2025
RevenueNet income
FY2025 highlightsfrom 10-K
Gross profit$2.01B
Operating income$441.98M
Diluted EPS$2.62
Gross margin91.2%
Net margin24.1%

Revenue by region

FY2025 geographic segments • from the 10-K

$1.8BTOTAL FY2025
Americas$1.79B100.0%▲ 67.9%
0.0% of FY2025 disclosed regional revenue earned outside Americas • YoY vs FY2024

Latest filings

10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR

All filings →
FormFiled
4Huffman Steve LaddOct 15, 2026
4Newhouse Steven OOct 8, 2026
4Habiger David COct 8, 2026
4FILIKRUSHEL PATRICIAOct 8, 2026
4Gale Mary PorterOct 8, 2026
4Seibel MichaelOct 8, 2026

Insider trading

From Form 4 filings

All →
InsiderDateType
Huffman Steve LaddOct 13, 2026Sell
Huffman Steve LaddOct 13, 2026Option exercise
FARRELL SARAH EOct 5, 2026Grant / award
Gale Mary PorterOct 5, 2026Grant / award
FILIKRUSHEL PATRICIAOct 5, 2026Grant / award

Top holders

13F & 13D/G • latest quarter

All →
HolderStakeFiledValue
SUSQUEHANNA INTERNATIONAL GROUP, LLP4.7%Aug 14, 2026$1.56B
BlackRock, Inc.4.2%Aug 7, 2026$1.39B
BAILLIE GIFFORD & CO3.7%Aug 6, 2026$1.25B
Vanguard Portfolio Management3.6%Aug 13, 2026$1.2B
CITADEL ADVISORS LLC3.3%Sep 1, 2026$1.09B

The IPO at a glance

From the final prospectus (424B4), filed Mar 21, 2024 • listed on New York Stock Exchange as “RDDT”

Full offering read →
IPO price
$34.00
per Class A share
Sold by the company
15.3M
15,276,527 shares as printed
Sold by existing holders
6.7M
6,723,473 shares as printed
Net proceeds to the company
$472.6M
“$472.6 million”
Who controls the vote
the holders of our outstanding Class B common stock, approximately 97.1% of the voting power after the offering
Share classes
Class A common stock • one voteClass B common stock • 10 votesClass C common stock • no votes
Lock-up
180 days
Led by
Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC
Emerging growth company

Figures are quoted from the prospectus as printed.

The full offering read is free with an account

What the money is for, the risk themes in the prospectus’s own terms, dilution to new investors, and the red-flag scan of the offering, verified against the filing.

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Executive pay and the vote

From the FY2025 proxy statement (DEF 14A), filed Apr 23, 2026, and the annual meeting’s vote on Jun 8, 2026

Full governance view →
CEO total pay
$3.1M
Steven L. Huffman • FY2025
Actually paid
$307.4M
SEC “compensation actually paid”
Say-on-pay
98.1%
of votes cast • 8-K filed Jun 10, 2026
TSR on $100
$455.73
peers $130.94 • since FY2024
What the company says drives pay
RevenueDAUqAdjusted EBITDA

Figures come from the company’s proxy statement, and the vote count from its 8-K.

The full pay and vote breakdown is free with an account

The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.

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AI summary

Latest 10-Q takeaways

filed Jul 30, 2026

The MD&A is strongly positive and largely factual, reporting 61% revenue growth, a 183% rise in net income, and sharply higher margins and cash flow. It is mostly backward-looking and metric-driven, with limited risk discussion (search engine algorithm dependence, flat U.S. DAUq, valuation allowance uncertainty) and assertive liquidity statements. Automated screens found no red flags in this filing.

Written by Scrutar's AI from RDDT's SEC filings. Check anything you rely on against the filing. Not investment advice.

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Peers identified from RDDT's own SEC filings.

Data as of Oct 16, 2026Source: SEC EDGAR.