Reddit, Inc. (RDDT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q1'21 | Q4'20 |
|---|
| Cash from Operations | 312.25M | 266.81M | 185.16M | 111.33M | 127.58M | 90M | 71.62M | 28.39M | 32.06M | -17.43M | -7.7M | 4.08M | -35.74M | -33.12M | -30.06M | 4.9M | -32.73M | -5.13M | -33.12M | 1.79M |
| Operating CF Margin % | 47.07% | 36.77% | 31.66% | 22.28% | 32.52% | 21.04% | 20.56% | 10.09% | 13.2% | -6.98% | -3.71% | 2.49% | -17.83% | -19.31% | -20.24% | 3.35% | -18.52% | -4.23% | -41.92% | 1.92% |
| Operating CF Growth % | 144.75% | 196.46% | 158.52% | 292.22% | 297.89% | 616.25% | 1029.79% | - | 686.85% | 51.22% | 76.74% | -16.85% | -9.2% | -545.55% | - | - | - | - | - | - |
| Net Income | 203.98M | 251.6M | 162.66M | 89.3M | 26.16M | 71.04M | 29.85M | -10.1M | -575.07M | 18.53M | -7.38M | -60.87M | -22.23M | -45.3M | -55.73M | -35.29M | 6.64M | -7.39M | -56.62M | 13.56M |
| Depreciation & Amortization | -87K | -1.71M | -2.88M | 3.93M | 3.96M | -7.36M | -8.42M | 3.77M | 3.74M | 3.75M | 3.29M | 3.34M | 3.37M | 2.77M | 795K | 859K | 841K | 697K | 631K | 748K |
| Stock-Based Compensation | 68.34M | 85.18M | 83.52M | 89.07M | 85.41M | 85.11M | 74.76M | 64.27M | 577.51M | 15.62M | 9.39M | 12.48M | 15.23M | 15.71M | 14.84M | 9.98M | 17.89M | 6.98M | 6.32M | 5.71M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.82M | -32.8M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 40.02M | 1.86M | 2.25M | -5.08M | -7.55M | -79K | -3.21M | -9.89M | -6.39M | -2.74M | -1.98M | 4.86M | 439K | 1.6M | 24.87M | 36.74M | 2.77M | 2.96M | 2.62M | 5.42M |
| Working Capital Changes | 0 | -70.12M | -60.39M | -65.89M | 19.6M | -58.72M | -21.35M | -19.67M | 32.27M | -52.6M | -11.02M | 44.26M | -32.55M | -7.91M | 2.98M | 25.41M | -60.88M | -8.38M | 13.93M | -23.63M |
| Change in Receivables | 67.96M | -102.6M | -81M | -81.12M | 23.36M | -65.37M | -44.11M | -24.79M | 29.99M | -52.6M | -25.63M | 33.75M | -35.77M | -20.26M | 2.98M | 22.82M | -60.04M | -9.84M | 15.6M | -32.7M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.57M | 0 | 0 | 0 | 0 | -1.99M | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -10.98M | -8.77M | 8M | 19.99M | -1.05M | -17.05M | 442K | 18.22M | -2.18M | 10.08M | 0 | 0 | -2.92M | 11.68M | 2.83M | -684K | 7.66M | 5.99M | -2.67M | 0 |
| Cash from Investing | 124.82M | -205.82M | 16.51M | -2.08M | -27.5M | -43.1M | 7.94M | -519.64M | 114.1M | -18.41M | 2.58M | 89.02M | -12.88M | -69.38M | -66.91M | -655.01M | 9.67M | 115.64M | 30.49M | 16.22M |
| Capital Expenditures | -1.09M | -3.16M | -2.06M | -505K | -979K | -842K | -1.35M | -1.2M | -2.85M | -4.6M | -3.94M | -356K | -1.33M | -2.47M | -1.16M | -1.28M | -659K | -802K | -367K | -432K |
| CapEx % of Revenue | 0.16% | 0.44% | 0.35% | 0.1% | 0.25% | 0.2% | 0.39% | 0.43% | 1.17% | 1.84% | 1.9% | 0.22% | 0.66% | 1.44% | 0.78% | 0.87% | 0.37% | 0.66% | 0.46% | 0.46% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -17.14M | 0 | 0 | 13.87M | 0 | 0 | -565K | -16.99M | -24.64M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.62M | 554K | -788K | 2.35M | 889K | -1.51M | 7.36M | -12K | -15K | -13.81M | -3K | 70K | -63K | 13K | -14K | 0 | -2.17M | -2.83M | 0 | 0 |
| Cash from Financing | -16.3M | -19.07M | -24.08M | -10.92M | -26.49M | -703K | -31.62M | -9.31M | 421.17M | 2.71M | -223K | -3.63M | 236K | -1.54M | -3.79M | 1.31M | 5.6M | 733.07M | 428.73M | 5.67M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 4.58M | 6.01M | 4.3M | 10.18M | 25.76M | 35.84M | -1.74M | 600.02M | 5.3M | 0 | -4.23M | 340K | -685K | -3.79M | 1.37M | 6.96M | 725.17M | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.23M | 0 | 0 | 0 | 0 | 0 | 0 | -39.18M | 0 |
| Other Financing | -16.3M | -23.64M | -30.09M | -15.22M | -36.67M | -26.47M | -67.46M | -7.57M | -178.85M | -2.59M | -223K | 599K | -104K | -859K | 0 | -59K | -1.36M | 7.9M | 5.34M | 5.67M |
| Net Change in Cash | 420.78M | 41.92M | 177.59M | 98.33M | 73.58M | 46.2M | 47.94M | -500.56M | 567.34M | -33.14M | -5.35M | 89.47M | -48.38M | -104.05M | -100.76M | -648.8M | -17.46M | 843.58M | 426.1M | 23.68M |
| Free Cash Flow | 311.16M | 263.64M | 183.1M | 110.83M | 126.6M | 89.16M | 70.27M | 27.18M | 29.21M | -22.04M | -11.64M | 3.72M | -37.06M | -35.59M | -31.22M | 3.62M | -33.38M | -5.93M | -33.49M | 1.36M |
| FCF Margin % | 46.9% | 36.33% | 31.3% | 22.18% | 32.27% | 20.84% | 20.17% | 9.67% | 12.02% | -8.82% | -5.61% | 2.27% | -18.49% | -20.75% | -21.02% | 2.48% | -18.9% | -4.9% | -42.39% | 1.46% |
| FCF Growth % | 145.79% | 195.71% | 160.57% | 307.7% | 333.37% | 504.61% | 703.74% | - | 685.51% | 40.55% | 67.3% | 2.68% | -11.02% | -499.9% | - | - | - | - | - | - |
| FCF per Share | 1.54 | 1.30 | 0.90 | 0.59 | 0.69 | 0.49 | 0.40 | 0.16 | 0.18 | -0.13 | -0.07 | 0.02 | -0.23 | -0.22 | -0.19 | 0.02 | -0.20 | -0.04 | -0.21 | 0.01 |
| FCF Conversion (FCF/Net Income) | 1.53x | 1.06x | 1.14x | 1.25x | 4.88x | 1.27x | 2.40x | -2.81x | -0.06x | -0.94x | 1.04x | -0.07x | 1.61x | 0.73x | 0.54x | -0.14x | -4.92x | 0.69x | 0.58x | 0.13x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | -4.15M | 1.43M | 2.56M | 164K | 0 | 667K | 287K | 169K | 169K | 321K | 86K | 82K | 33K | 0 | 0 |