Reddit Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Reddit

Access the complete profile.

Reddit Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	51911 News Syndicates
Address	548 Market St #16093 San Francisco, CA 94104

Note: Revenues for privately held companies are statistical evaluations.


Reddit's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Reddit's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Reddit is classified as operating in the News Syndicates industry, NAICS Code 51911.

Reddit Annual Revenue and Growth Rate

Reddit	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Reddit's revenues are gauged from an analysis of company filings.

Reddit's Income Statement (based on Industry Averages)

Reddit P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Reddit has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
August 26, 2021	35	59%	$700 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Reddit is developing and marketing. Reddit's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
REDDIT RECOMMENDS Organization of events, exhibitions, fairs, presentations and shows for commercial, promotional and advertising purposes; Advertising, marketing and promotion services and related consulting; Advertising and marketing services provided by means of blogging; Consulting services in the field of development of advertising concepts and campaigns; Consultancy relating to the organisation of promotional campaigns for businesses; Providing panel discussions in the field of advertising and marketing on social media; Search engine optimization	11/20/2023
KARMALAB Advertising, marketing and promotional services, and related consulting; Consulting services in the field of development of advertising concepts; Advertising services, namely, promoting the brands, goods and services of others; Advertising agency services; Advertising agencies specializing in marketing strategies to promote businesses; Advertising agencies providing the strategic planning and execution of programs to promote businesses; Advertising research; Marketing research; Development, creation, production, and post-production of advertising content; Creative marketing plan development services; Creative and strategic consultation regarding development and production of marketing campaigns for others	05/17/2021
REDDIT TALK Downloadable computer application software for mobile phones and portable devices, namely, downloadable software for hosting live audio conversations; Downloadable computer application software for mobile phones and portable devices, namely, downloadable software enabling user voice communications and audio streams; Downloadable computer application software for mobile phones and portable devices, namely, downloadable software that facilitates auditory communication through virtual rooms; Downloadable software in the nature of a mobile application for hosting live audio conversations; Downloadable software in the nature of a mobile application enabling user voice communications and audio streams; Downloadable software in the nature of a mobile application that facilitates auditory communication through virtual rooms	04/19/2021

See all trademarks and details in the Full Report.

Market Share of Reddit's Largest Competitors

A competitive analysis shows these companies are in the same general field as Reddit, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
MCA TH ACP JV	Atlanta, GA	100
DIGITAL TALENT AGENTS LLC D.B.A. INFLUENCE	Columbia, MO	84
IMPACT SALES SOLUTIONS	Holland, OH	65
ACCRETIVE CAPITAL	Detroit, MI	50
ALLVEST INFORMATION SERVICES	Salt Lake City, UT	47
COAST STAR	Manasquan, NJ	38
JOINS AMERICA	Los Angeles, CA	36
FREE PRESS	Washington, DC	36
72POINT	Brooklyn, NY	36

Nearby Competitors

These companies are similar in business line and location to Reddit. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
YELP	San Francisco, CA	100
AIRBNB	San Francisco, CA	100
CLOUDFLARE	San Francisco, CA	61
REDDIT	San Francisco, CA	47
GLASSDOOR	San Francisco, CA	22
ZYNGA	San Francisco, CA	21

Future Competition: Reddit's Fastest Growing Competitors

These companies are in the same general field as Reddit and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)