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Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.
2011
2.2K+
LTM Revenue $1.6B
LTM EBITDA $466M
$27.1B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Reddit has a last 12-month revenue (LTM) of $1.6B and a last 12-month EBITDA of $466M.
In the most recent fiscal year, Reddit achieved revenue of $1.3B and an EBITDA of -$545M.
Reddit expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Reddit valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $1.6B | XXX | $1.3B | XXX | XXX | XXX |
| Gross Profit | $1.4B | XXX | $1.2B | XXX | XXX | XXX |
| Gross Margin | 91% | XXX | 90% | XXX | XXX | XXX |
| EBITDA | $466M | XXX | -$545M | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | -42% | XXX | XXX | XXX |
| EBIT | -$182M | XXX | -$561M | XXX | XXX | XXX |
| EBIT Margin | -12% | XXX | -43% | XXX | XXX | XXX |
| Net Profit | -$112M | XXX | -$484M | XXX | XXX | XXX |
| Net Margin | -7% | XXX | -37% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of July 4, 2025, Reddit's stock price is $157.
Reddit has current market cap of $29.0B, and EV of $27.1B.
See Reddit trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $27.1B | $29.0B | XXX | XXX | XXX | XXX | $-1.01 |
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Start Free TrialAs of July 4, 2025, Reddit has market cap of $29.0B and EV of $27.1B.
Reddit's trades at 20.8x EV/Revenue multiple, and -49.6x EV/EBITDA.
Equity research analysts estimate Reddit's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Reddit has a P/E ratio of -259.6x.
See valuation multiples for Reddit and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $29.0B | XXX | $29.0B | XXX | XXX | XXX |
| EV (current) | $27.1B | XXX | $27.1B | XXX | XXX | XXX |
| EV/Revenue | 17.1x | XXX | 20.8x | XXX | XXX | XXX |
| EV/EBITDA | 58.1x | XXX | -49.6x | XXX | XXX | XXX |
| EV/EBIT | -148.8x | XXX | -48.3x | XXX | XXX | XXX |
| EV/Gross Profit | 18.9x | XXX | n/a | XXX | XXX | XXX |
| P/E | -259.6x | XXX | -59.8x | XXX | XXX | XXX |
| EV/FCF | 68.8x | XXX | 125.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialReddit's last 12 month revenue growth is 34%
Reddit's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.8M for the same period.
Reddit's rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Reddit's rule of X is 114% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Reddit and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 34% | XXX | 35% | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | -42% | XXX | XXX | XXX |
| EBITDA Growth | 66% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | 18% | XXX | -8% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 114% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.8M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 27% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 72% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 134% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Matrimony.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Traders Club | XXX | XXX | XXX | XXX | XXX | XXX |
| Tencent | XXX | XXX | XXX | XXX | XXX | XXX |
| Kuaishou | XXX | XXX | XXX | XXX | XXX | XXX |
| Zhihu | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Reddit acquired XXX companies to date.
Last acquisition by Reddit was XXXXXXXX, XXXXX XXXXX XXXXXX . Reddit acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Reddit founded? | Reddit was founded in 2011. |
| Where is Reddit headquartered? | Reddit is headquartered in United States of America. |
| How many employees does Reddit have? | As of today, Reddit has 2.2K+ employees. |
| Who is the CEO of Reddit? | Reddit's CEO is Mr. Steven Huffman. |
| Is Reddit publicy listed? | Yes, Reddit is a public company listed on NYS. |
| What is the stock symbol of Reddit? | Reddit trades under RDDT ticker. |
| When did Reddit go public? | Reddit went public in 2024. |
| Who are competitors of Reddit? | Similar companies to Reddit include e.g. Matrimony.com, Traders Club, Tencent, Kuaishou. |
| What is the current market cap of Reddit? | Reddit's current market cap is $29.0B |
| What is the current revenue of Reddit? | Reddit's last 12 months revenue is $1.6B. |
| What is the current revenue growth of Reddit? | Reddit revenue growth (NTM/LTM) is 34%. |
| What is the current EV/Revenue multiple of Reddit? | Current revenue multiple of Reddit is 17.1x. |
| Is Reddit profitable? | Yes, Reddit is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Reddit? | Reddit's last 12 months EBITDA is $466M. |
| What is Reddit's EBITDA margin? | Reddit's last 12 months EBITDA margin is 29%. |
| What is the current EV/EBITDA multiple of Reddit? | Current EBITDA multiple of Reddit is 58.1x. |
| What is the current FCF of Reddit? | Reddit's last 12 months FCF is $393M. |
| What is Reddit's FCF margin? | Reddit's last 12 months FCF margin is 25%. |
| What is the current EV/FCF multiple of Reddit? | Current FCF multiple of Reddit is 68.8x. |
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