Reddit: quarterly revenue 2023-2024
In the first quarter of 2024, community-based social media Reddit generated 243 million U.S. dollars in revenues. This represents an increase of 48 percent compared to the corresponding quarter in 2023, when Reddit Inc. saw revenues of 163.7 million U.S. dollars. Reddit, which launched way back into 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.