Reddit RDDT

Reddit trades at 7.1x EV/NTM revenue on a $26.65B enterprise value. Revenue grew 61.1% year over year to $804.9M in the quarter ending June 2026, an annual run rate of $3.22B. Reddit reports a 91.3% gross margin and 3.6-month CAC payback.

ARR ($M)
Net Dollar Retention
--
ARR Growth
--
EV / NTM Revenue
7.1x
Payback Period
3.6
EV / Run Rate
8.3x
Price & Key Metrics
Price Performance
Company Details
Share Price: 153.0
Last Filing Date: 2026-06-30
Last Filing: Form
Founding Year: 2005
IPO Year: --
% of 52 wk High: 57%
Description
Reddit operates in the application-software seg of the technology industry, providing software that allows users to share media content. The company generates revenue through advertising and an ad-free premium membership plan.
Reporting Notes
Categories
Consumer Internet Social Media Service Consumer Social PLG Consumer Subscription
Valuation
Market Cap: 29,436.666
Enterprise Value: 26,650.309
EV / Revenue Run Rate: 8.3x
EV / NTM Revenue: 7.1x
EV / 2026 Revenue Estimates: 8.2x
EV / 2027 Revenue Estimates: 6.2x
EV / 2028 Revenue Estimates: 5.7x
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: --
ARR Growth %: --
ARR/Customer ($K): --
ARR/Employee ($K): --
Revenue
Revenue Run Rate: 3,219
ARR: --
2026 Revenue Estimates: 3,251
2027 Revenue Estimates: 4,308
2028 Revenue Estimates: 4,709
LTM Revenue: 2,778
Last Year Run Rate: 1,998
Growth
Revenue Growth: 61%
ARR Growth: --
Growth Persistence: 79%
2026 Revenue Growth Estimates: 52%
2027 Revenue Growth Estimates: 33%
2028 Revenue Growth Estimates: 9%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Reddit growing?

Reddit grew revenue 61.1% year over year, reaching $804.9M in the quarter ending June 2026.

What multiple does Reddit trade at?

Reddit trades at 7.1x EV/NTM revenue and 8.3x EV/run-rate, on an enterprise value of $26.65B.

Is Reddit profitable?

For Reddit, operating income was $231.7M last quarter and LTM free cash flow margin is 36.6%.

How long does it take Reddit to pay back CAC?

Reddit recovers customer acquisition cost in about 3.6 months.

What sector is Reddit in?

Public Comps classifies Reddit under Consumer Internet, Social Media Service, Consumer Social, PLG, and Consumer Subscription.

Where does Public Comps get Reddit's data?

Figures come from Reddit's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.