Reddit Q4 revenue $427.7M (+71% YoY), net income $71M, diluted EPS $0.36

Reddit, Inc.

2024-FY EPS reported -$3.33 revenue$1,300,205,000

DAUq reached 101.7M (+39% YoY); ad revenue $394.5M (+60% YoY); gross margin 92.6%.
Adjusted EBITDA $154.3M (36.1% margin) vs $23.2M a year ago; operating cash flow $90M.
FY 2024 revenue $1.3B (+62% YoY); net loss $484.3M due to IPO-related expenses.
Q1 2025 guidance: revenue $360M-$370M; adjusted EBITDA $80M-$90M.
Machine translation launched in 8 languages; signed content licensing pact with Intercontinental Exchange.

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