For the quarter ending 2026-03-31, RDDT had $420,779K increase in cash & cash equivalents over the period. $311,163K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 203,981 | 251,603 | 162,663 | 89,297 |
| Depreciation and amortization | 4,210 | 4,151 | 3,900 | 3,934 |
| Non-cash operating lease cost | 1,676 | 1,678 | 1,537 | 1,514 |
| Amortization of premium (accretion of discount) on marketable securities, net | 4,297 | 5,860 | 6,779 | 6,691 |
| Stock-based compensation expense | 68,336 | 85,178 | 83,518 | 89,070 |
| Other adjustments | 691 | -180 | -709 | -97 |
| Accounts receivable | -67,957 | 102,602 | 80,997 | 81,116 |
| Prepaid expenses and other assets | 23,752 | 13,658 | -2,934 | 9,352 |
| Operating lease right-of-use assets and liabilities | -1,815 | -1,817 | -2,038 | -1,589 |
| Accounts payable | -10,983 | -8,774 | 7,995 | 19,991 |
| Accrued expenses and other liabilities | 7,631 | 56,728 | 11,717 | 6,176 |
| Net cash provided by (used in) operating activities | 312,253 | 266,807 | 185,159 | 111,331 |
| Purchases of property and equipment | 1,090 | 3,164 | 2,058 | 505 |
| Purchases of marketable securities | 364,929 | 692,993 | 544,101 | 556,457 |
| Maturities of marketable securities | 474,468 | 484,917 | 563,460 | 552,532 |
| Proceeds from sale of marketable securities | 17,989 | 4,862 | 0 | 0 |
| Cash paid for acquisitions, net of cash acquired | - | 0 | 0 | - |
| Other investing activities | 1,616 | -554 | 788 | -2,354 |
| Net cash provided by (used in) investing activities | 124,822 | -205,824 | 16,513 | -2,076 |
| Proceeds from issuance of class a common stock in initial public offering, net of underwriting discounts and commissions | - | 0 | 0 | 0 |
| Proceeds from exercise of employee stock options | 4,899 | 4,575 | 6,013 | 4,303 |
| Taxes paid related to net share settlement of restricted stock units | 16,196 | 23,533 | 28,595 | 15,225 |
| Payments of initial public offering costs | - | 0 | 0 | 0 |
| Other financing activities | - | -109 | -1,497 | 0 |
| Repurchases of class a common stock | 4,999 | - | - | - |
| Net cash provided by (used in) financing activities | -16,296 | -19,067 | -24,079 | -10,922 |
| Net increase (decrease) in cash and cash equivalents | 420,779 | 41,916 | 177,593 | 98,333 |
| Cash and cash equivalents at the beginning of the period | 953,569 | 911,653 | 734,060 | 635,727 |
| Cash and cash equivalents at the end of the period | 1,374,348 | 953,569 | 911,653 | 734,060 |
Reddit, Inc. (RDDT)
Reddit, Inc. (RDDT)