RDDT
Reddit, Inc. (RDDT)
Last Price$124.98.0%
Market Cap$24.9B
LTM Gross margin
90.2%
5Y avg
85.3%
Internet Content & Information industry median
54.3%
Stock quality & Intrinsic value
7/10
(0.7%) overvalued

Reddit, Inc. Gross margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
RDDT
Communication Services
Crunching data... Almost there!
Dec'20Dec'21Dec'22Dec'23Dec'24
Gross margin
76.0%
85.0%
84.3%
86.2%
90.5%
RDDT
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Reddit, Inc. (RDDT) Gross margin comparison analysis

RDDT key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'20Dec'21Dec'22Dec'23Dec'24
% growth
228.9
0.0%
484.9
111.8%
666.7
37.5%
804.0
20.6%
1,300.2
61.7%
Cost of Goods Sold (COGS)55.072.6104.8111.0123.6
% margin
173.9
76.0%
412.4
85.0%
561.9
84.3%
693.0
86.2%
1,176.6
90.5%
Operating Expenses233.0539.9719.8833.21,737.2
Research & Development Expenses (R&D)117.5257.3365.2438.3935.2
Selling, General & Administrative Expenses (SG&A)118.9282.6368.9394.8802.0
(62.6)
(27.3%)
(127.2)
(26.2%)
(172.2)
(25.8%)
(140.2)
(17.4%)
(560.6)
(43.1%)
Interest Income0.00.00.00.00.0
Interest Expense0.00.00.00.00.0
Pre-tax Income(59.1)(127.6)(157.9)(87.0)(485.2)
% effective tax rate
0.1
(0.2%)
0.3
(0.3%)
0.6
(0.4%)
3.8
(4.4%)
(0.9)
0.2%
% margin
(59.2)
(25.9%)
(127.9)
(26.4%)
(158.6)
(23.8%)
(90.8)
(11.3%)
(484.3)
(37.2%)
EPS(0.61)(1.24)(1.38)(0.77)(3.33)
Diluted EPS(0.61)(1.24)(1.38)(0.77)(3.33)
% margin
(60.6)
(26.5%)
(124.4)
(25.7%)
(164.2)
(24.6%)
(126.5)
(15.7%)
(560.6)
(43.1%)

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FAQ

1) What is Reddit, Inc.'s Gross margin?

As of today, Microsoft Corp's last 12-month Gross margin is 90.2%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Gross margin for Reddit, Inc. have been 85.5% over the past three years, and 72.5% over the past five years.

2) Is Reddit, Inc.'s Gross margin Good?

As of today, Reddit, Inc.'s Gross margin is 90.2%, which is higher than industry median of 54.3%. It indicates that Reddit, Inc.'s Gross margin is Good.

3) How does Reddit, Inc.'s Gross margin compare to its peers?

As of today, Reddit, Inc.'s Gross margin is 90.2%, which is higher than peer median of 52.2%. The list of peers includes META, PINS, Z, GOOG, SNAP, TWLO, BIDU, DASH, TME, SPOT.