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RDDTReddit

Communication · Data Processing · NYSE

Our mission is to empower communities and make their knowledge accessible to everyone. 10-K, Item 1

Employees
2,555
Headquarters
San Francisco, CA
CEO
Steve Ladd Huffman
Next results
around Feb 4, 2027
Compare with peers → Embed
RevenueFY2022–25 $2.2B+69.4% FY2024: $1.3B 10-K FY2025 · XBRL Net incomeFY2022–25 $529.7M FY2024: −$484.3M 10-K FY2025 · XBRL Free cash flowFY2022–25 $684.2M+217.0% FY2024: $215.8M 10-K FY2025 · XBRL Operating marginFY2022–25 20.1%+63.2 pts -25.8% in FY2022 10-K FY2025 · XBRL

What changed

10-K filed Feb 6, 2026 against Feb 13, 2025
AreaWhat changedSource
Risk factors15 new paragraphs, nothing like them in the previous 10-K10-K Item 1A
Critical audit matters changedNew this year: Sufficiency of audit evidence over ad delivery used in advertising revenue (“As discussed in Notes 2 and 3 to the consolidated financial statements, the Company generated $2.1 billion of advertising revenue for the year ended December 31, 2025. The Company generates the majority of its revenues through the sale of advertising on the Company’s website and mobile applications.”). No longer listed: Evaluation of the delivery quantity of ad impressions10-K · XBRL
Accounting checks9 other checks clear, 1 worth a look10-K · XBRL
InsidersNo open-market buys in the last 90 daysForm 4
Filings2 in the last 30 daysEDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 6, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-13. Quoted as filed.

  1. Google, Meta, OpenAI, and Anthropic; Redditors may choose to find information using AI tools, which in some cases may have been trained using Reddit content, instead of visiting Reddit directly. While we have made, and expect to continue to make, significant investments to integrate AI, including generative AI, into our platform, AI…
    10-K, Item 1A
All 15 new paragraphs →

Accounting checks

latest 10-K

9 of 10 clear 1 worth a look. Checks, not verdicts.

  • !
    Critical audit matters changedNew this year: Sufficiency of audit evidence over ad delivery used in advertising revenue (“As discussed in Notes 2 and 3 to the consolidated financial statements, the Company generated $2.1 billion of advertising revenue for the year ended December 31, 2025. The Company generates the majority of its revenues through the sale of advertising on the Company’s website and mobile applications.”). No longer listed: Evaluation of the delivery quantity of ad impressions
  • ✓
    Receivables +68.8% vs revenue +69.4% (-0.6 pts)
  • ✓
    Cash from operations $690.9M vs net income $529.7M (FY ending 2025-12-31)
  • ✓
    Same auditor in both 10-Ks: KPMG LLP
  • ✓
    No statement of substantial doubt about going concern
  • ✓
    No 8-K item 4.02 in the last 2 years
  • ✓
    No NT 10-K or NT 10-Q in the last 2 years
  • ✓
    No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • ✓
    No 8-K item 2.06 in the last 2 years
  • ✓
    No 8-K item 1.03 in the last 2 years
How each check works, with sources →

In the last 30 days

All filings →

Work on RDDT in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/RDDT/export.csv") into a cell.