For the year ending 2025-12-31, RDDT had $391,427K increase in cash & cash equivalents over the period. $684,169K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | 529,721 | -484,276 |
| Depreciation and amortization | 15,948 | 15,643 |
| Non-cash operating lease cost | 6,197 | 4,110 |
| Amortization of premium (accretion of discount) on marketable securities, net | 28,214 | 43,400 |
| Stock-based compensation expense | 343,180 | 801,646 |
| Other adjustments | -848 | 4,187 |
| Accounts receivable | 241,356 | 104,280 |
| Prepaid expenses and other assets | 37,082 | 19,485 |
| Operating lease right-of-use assets and liabilities | -7,224 | -2,397 |
| Accounts payable | 18,166 | -570 |
| Accrued expenses and other liabilities | 90,691 | 59,264 |
| Net cash provided by (used in) operating activities | 690,875 | 222,068 |
| Purchases of property and equipment | 6,706 | 6,248 |
| Proceeds from sale of cryptocurrency | - | 6,869 |
| Purchases of marketable securities | 2,298,397 | 1,996,725 |
| Maturities of marketable securities | 2,065,971 | 1,573,602 |
| Proceeds from sale of marketable securities | 17,234 | 0 |
| Cash paid for acquisitions, net of cash acquired | 0 | 17,137 |
| Other investing activities | -3,009 | 1,048 |
| Net cash provided by (used in) investing activities | -218,889 | -440,687 |
| Proceeds from issuance of class a common stock in initial public offering, net of underwriting discounts and commissions | 0 | 600,022 |
| Proceeds from exercise of employee stock options | 25,075 | 88,972 |
| Taxes paid related to net share settlement of restricted stock units | 104,028 | 294,573 |
| Payments of initial public offering costs | 0 | 8,775 |
| Payments of deferred consideration and holdbacks for acquisitions | - | 6,111 |
| Other financing activities | -1,606 | 0 |
| Net cash provided by (used in) financing activities | -80,559 | 379,535 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 391,427 | 160,916 |
| Cash and cash equivalents at beginning of period | 562,142 | 401,226 |
| Cash and cash equivalents at end of period | 953,569 | 562,142 |
Reddit, Inc. (RDDT)
Reddit, Inc. (RDDT)