Reddit Past Earnings Performance
Past criteria checks 0/6
Reddit's earnings have been declining at an average annual rate of -57.8%, while the Interactive Media and Services industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 27.8% per year.
Key information
-57.8%
Earnings growth rate
-38.9%
EPS growth rate
| Interactive Media and Services Industry Growth | 6.2% |
| Revenue growth rate | 27.8% |
| Return on equity | -27.1% |
| Net Margin | -47.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
3 Key Catalysts That Should Drive Reddit's Stock Much, Much Higher
Nov 12Reddit: Buying The Underdog For Its Pace Of Growth
Oct 29Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads
Oct 20Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors
Oct 05
Reddit: Has Upside As It Grows Its Users And Leverages Its Data
Sep 25Reddit: Primed To Move Higher
Sep 19Reddit: Continued Growth Justifies Additional Upside
Aug 30Reddit: Buy The Dip With Confidence (Rating Upgrade)
Aug 19Reddit: Waiting For A Better Price
Jul 24Top Pick: Reddit Is A Conviction Buy
Jul 17Reddit: OpenAI Partnership Will Spearhead Revenue Growth
Jun 16Reddit: OpenAI Deal Is Big
May 22Reddit: Is It A Buy Following Strong Earnings?
May 10Reddit: Too Much Love
Apr 29Buy Reddit As It Retreats From IPO Hype
Apr 23Reddit: A Robust Growth Prospect With Fuel Behind It
Mar 22Revenue & Expenses Breakdown
How Reddit makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,122 | -537 | 754 | 858 |
| 30 Jun 24 | 981 | -574 | 706 | 800 |
| 31 Mar 24 | 883 | -605 | 664 | 767 |
| 31 Dec 23 | 804 | -91 | 395 | 438 |
| 30 Sep 23 | 755 | -132 | 384 | 433 |
| 30 Jun 23 | 719 | -170 | 394 | 420 |
| 31 Mar 23 | 684 | -184 | 386 | 397 |
| 31 Dec 22 | 667 | -159 | 369 | 365 |
| 30 Sep 22 | 643 | -130 | 352 | 327 |
| 30 Jun 22 | 593 | -92 | 303 | 287 |
| 31 Mar 22 | 552 | -107 | 287 | 290 |
| 31 Dec 21 | 485 | -128 | 283 | 257 |
| 30 Sep 21 | 401 | -121 | 237 | 221 |
| 31 Dec 20 | 229 | -59 | 119 | 118 |
Quality Earnings: RDDT is currently unprofitable.
Growing Profit Margin: RDDT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RDDT is unprofitable, and losses have increased over the past 5 years at a rate of 57.8% per year.
Accelerating Growth: Unable to compare RDDT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RDDT is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (21.8%).
Return on Equity
High ROE: RDDT has a negative Return on Equity (-27.14%), as it is currently unprofitable.