Reddit, Inc.

RDDTNYSECommunication Services● Active

$173.45

$-10.46(-5.69%)

Market Cap$33.4B

P/E Ratio—

52W High$282.95

52W Low$110.85

Avg Volume5.0M

Open$182.18

Beta1.91

Free Cash Flow Financials Revenue

Reddit, Inc. (RDDT) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

RDDT · free cash flow · updated Jun 8, 2026

Core FCF metrics

RDDT · FCF · TTM · margin & CAGR

Free cash flow was $684.2M for FY2025 (fiscal year ending 2025-12-31), up 217.0% year-over-year The FCF margin was 31.1%.

FY2025 Free Cash Flow$684.2M▲ +217.0% YoY

Trailing 12M (TTM)$868.7Mtrailing 4 quarters sum

FCF Margin31.1%$684.2M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

RDDT · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$690.9M(7M)$684.2M▲ +217.0%31.1%

FY2024$222.1M(6M)$215.8M▲ +354.4%16.6%

FY2023−$75.1M(10M)−$84.8M▲ +15.4%-10.6%

FY2022−$94.0M(6M)−$100.3M▲ +24.3%-15.0%

FY2021−$130.2M(2M)−$132.5M▼ 104.2%-27.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

RDDT · P/FCF · FCF yield · FCF per share

Reddit, Inc. (RDDT) trades at a FCF yield of 2.60% and a price-to-free-cash-flow ratio of 37.2x. FCF per share stands at $4.66, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.60%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.66

TTM FCF ÷ Shares Outstanding

Price / FCF

x37.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x36.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

RDDT · cash flow statement · operating / investing / financing

For FY2025, Reddit, Inc. generated $690.9M in operating cash flow and spent 7M in capital expenditures, yielding $684.2M in free cash flow.

Operating Activities

+$690.9M

Cash from core business operations

2025-12-31

Investing Activities

−$218.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$80.6M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($690.9M) − |CapEx| (7M) = FCF ($684.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

RDDT vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Reddit, Inc.YOU

RDDT

$684.2M+217.0%31.1%

About Free Cash Flow & Methodology

Reddit, Inc. (RDDT) reported free cash flow of $684.2M for FY2025 (fiscal year ending 2025-12-31), up 217.0% year-over-year. The FCF margin was 31.1%.

Based on available data, Reddit, Inc. has maintained positive free cash flow for at least 2 fiscal year(s). FCF peaked at $684.2M in FY2025.

Reddit, Inc.'s FCF yield is 2.60% and price-to-FCF ratio is 37.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

RDDT free cash flow · 8 questions

Reddit, Inc. free cash flow was $684.2M for FY2025, up 217.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $868.7M.

RDDT free cash flowRDDT FCFRDDT FCF 2025RDDT free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Reddit, Inc. · Reddit, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026