In the third quarter of 2024, community-based social media Reddit generated 348.4 million U.S. dollars in revenues. This represents an increase of almost 24 percent compared to the previous quarter, when Reddit Inc. saw revenues of 281.2 million U.S. dollars. Reddit, which launched way back in 2005, confidentially filed to enter the public market in 2021 after experiencing an acceleration in user adoption during the first years of the global COVID-19 pandemic.
Revenue generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024
(in million U.S. dollars)
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Reddit. (October 29, 2024). Revenue generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1466220/quarterly-revenue-reddit/
Reddit. "Revenue generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars)." Chart. October 29, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1466220/quarterly-revenue-reddit/
Reddit. (2024). Revenue generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1466220/quarterly-revenue-reddit/
Reddit. "Revenue Generated by Reddit Inc. in 1st Quarter 2023 and 3rd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/statistics/1466220/quarterly-revenue-reddit/
Reddit, Revenue generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1466220/quarterly-revenue-reddit/ (last visited November 22, 2024)
Revenue generated by Reddit Inc. in 1st quarter 2023 and 3rd quarter 2024 (in million U.S. dollars) [Graph], Reddit, October 29, 2024. [Online]. Available: https://www.statista.com/statistics/1466220/quarterly-revenue-reddit/
