In 2024, online news aggregator and community-based social media Reddit generated 1.3 billion U.S. dollars in annual revenues. This represents an increase of 61.7 percent increase compared to 2023, when Reddit Inc. saw annual revenues of approximately 804.03 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.

In the first quarter of 2025, community-based social media Reddit generated 392.36 million U.S. dollars in revenues. This represents an increase of almost 61 percent compared to the corresponding quarter in 2024, when Reddit Inc. saw revenues of 242.96 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.

Reddit's annual revenue was $1.30 B in fiscal year 2024. The annual revenue increased $496.18 M from $804.03 M (in 2023) to $1.30 B (in 2024), representing a 61.71% year-over-year growth.

Reddit Inc. is a social media company and news aggregator launched in 2005. In 2024, the United States generated 1.06 billion U.S. dollars in revenues for the company, while the rest of the world generated 236.7 million U.S. dollars. In February 2025, after almost 20 years from its launch, Reddit announced it was entering the public market, reporting revenues of around 1.3 billion U.S. dollars for 2024.

In 2024, Reddit is forecasted to surpass one billion U.S. dollars in revenues from its online advertising business. This represents an increase of almost 30 percent year-over-year, as in 2023 Reddit reported it generated over 788 million U.S. dollars in advertising revenue. Funded in 2005, news aggregator and discussion website Reddit is a traffic powerhouse, as well as one of the most popular social media platforms for global users. In recent years, Reddit has sought to help advertisers capitalize more on the platform's high engagement by creating an in-house advertising agency called KarmaLab, as well as by entering into a partnership with global PR and marketing leader WPP. Reddit advertising revenues are estimated to reach one billion U.S. dollars in 2026, proven that the platform can grow its audience among mainstream social media users and solidify its presence among advertisers and media conglomerates.

In fiscal year 2024, Reddit's revenue by segment (products & services) are as follows: Advertising: $1.19 B, Other Revenue: $114.75 M.

Reddit generates the majority of its revenues from its online advertising business, while premium subscriptions to the platform were estimated to generate less than 10 million U.S dollars in 2023. The decrease in premium revenues was estimated to be driven by the depreciation and deletion of Reddit Coins. The platform currency used to buy awards to reward other Redditors' comments and posts was discontinued on September 12, 2023. In April 2023, Reddit announced it was monetizing its API access, with small client apps and AI giants being prompted to pay for accessing Reddit's API, thus adding a new revenue stream to its business model.

In 2023, it was estimated that social forum and news aggregator Reddit saw over 26.5 million U.S. dollars in revenues from global paying users with an annual subscription. A premium Reddit subscription comes with an ad-free environment, as well as the possibility to join premium subreddits such as r/lounge. In 2022, Reddit counted approximately 530 thousand paying users. By 2026, Reddit annual subscription revenues are estimated to bring in 36.5 million U.S. dollars in revenues.

In the first quarter of 2025, Reddit reported having generated roughly *** million U.S. dollars in ad revenue. A year earlier, the revenue stood at *** million dollars, which signifies an annual growth rate over approximately ** percent.

MB "Reddit LT" financial data: profit, annual turnover, paid taxes, sales revenue, equity, assets (long-term and short-term), profitability indicators.

According to data estimated in September 2021, Reddit annual online advertising revenues for the entire year amounted to approximately *** million U.S. dollars. This would represent an increase of approximately ** percent compared to the previous year when advertising revenues were estimated to amount to ***** million U.S. dollars. Reddit advertising revenues are forecasted to exceed *** million U.S. dollars by 2023.

Get detailed Reddit Financial Statements 2020-2024. Find the income statements, balance sheet, cashflow, profitability, and other key ratios.

Reddit Inc. is a social media company focused on news sharing and community. In the first quarter of 2025, Reddit Inc. registered a net income of roughly 26 million U.S. dollars. This represents a significant increase in net income compared to the corresponding quarter in 2024, when the company recorded a net loss of 575.07 million U.S. dollars.

Reddit Inc. is a social media company focused on news sharing and community. For the financial year 2024, Reddit Inc. registered a net loss of roughly 484 million U.S. dollars. This represents a decrease of over 390 million U.S. dollars compared to the 90.82 million U.S. dollars in net loss that the company saw in 2023.

In 2024, the advertising revenues generated by Reddit Inc. amounted to approximately 1.19 billion U.S. dollars. In 2024, Reddit advertising revenues made up approximately 91 percent of the company's revenues. In February 2024, industry sources reported that Reddit was entering a deal to license its content to a major AI company for 60 million U.S. dollars - allowing the platform to capitalize its user-generated content and possibly add a new revenue segment in the next years.

In 2023, it was estimated that Reddit saw an average revenue per user (ARPU) of approximately 0.80 U.S. dollars, over double compared to 2020. Funded in 2005, Reddit is a social media platform and news aggregator organized in thematic communities called subreddits. In December 2021, Reddit submitted a confidential registration statement draft, hinting at the possibility that it might go public in 2022.

During the first quarter of 2025, Reddit generated approximately 3.63 U.S. dollars in average revenue per user (ARPU). This represented a decrease compared to the ARPU recorded during the previous quarter of the last examined year. Reddit global ARPU experienced an almost constant increase between the beginning of 2021 and the end of 2024, with the last quarter of each examined year seeing a sensible increase in revenue per user compared to the previous quarters.

According to Cognitive Market Research, The Global Disc Golf market size is USD 0.215 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 18.60% from 2023 to 2030.

The demand for disc golf is rising due to the increase in the number and scale of disc golf tournaments and events among players.
Demand for putters remains higher in the disc golf market.
The amateur category held the highest disc golf market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific disc golf market will experience the strongest growth until 2030.

Various Strategies Adopted by Key Players to Provide Viable Market Output

A significant market driver for Disc Golf has been the adoption of strategies by key players. Product innovation and development have been pivotal, with companies introducing advanced disc designs, materials, and technologies to enhance performance. Additionally, strategic partnerships and collaborations with renowned athletes and organizations have helped in brand endorsement and expanding market reach.

For instance, as of August 31, 2023, Disc Store is acquiring Vii Apparel. Vii Apparel has launched onto the disc golf scene over the past few years as one of the premier apparel brands in the disc golf space.

(Source:www.reddit.com/r/discgolf/comments/166jtc8/acquisition_of_vii_apparel/?rdt=39568#:~:text=We've%20got%20big%20news,in%20the%20disc%20golf%20space)

Furthermore, geographical expansion and distribution network enhancement have enabled players to tap into new markets and cater to a wider customer base. Lastly, a focus on sustainability and eco-friendly practices has resonated with environmentally-conscious consumers, boosting the brand's reputation and attracting a socially responsible customer segment.

Increasing Tournaments to Propel Market Growth

The market for Disc Golf has undergone a revolution because of increasing tournaments. Tournaments serve as a driving force by creating a competitive platform for players of all skill levels, attracting enthusiasts, and fostering community engagement. These events not only promote the sport but also provide opportunities for sponsors and advertisers to reach a broader audience.

For instance, in September 2023, the Disc Golf Network is excited to return as an official live broadcast provider for the 2023 United States Disc Golf Championship (USDGC) and Throw Pink Women's Disc Golf Championship (TPWDGC), beginning on Thursday, October 5, at the Winthrop Arena Course In Rock Hill, SC.

(Source:www.dgpt.com/announcements/2023-usdgc-media-plan/)

Additionally, the rise of professional disc golf tournaments with substantial cash prizes has attracted top talent and garnered media attention, further boosting the sport's popularity. As more tournaments are organized worldwide, there is a growing demand for high-quality disc golf equipment, courses, and related merchandise, thereby fueling the expansion of the global disc golf market.

Market Dynamics of Disc Golf

Limited Accessibility and Infrastructure to Hinder Market Growth

The constraints of limited accessibility and infrastructure constrain the Disc Golf market. Unlike traditional sports, disc golf relies heavily on well-designed courses with appropriate baskets and tee pads, making it dependent on local governments, private organizations, or enthusiasts to establish and maintain these facilities. Additionally, the need for more awareness and mainstream recognition compared to more based sports poses challenges in attracting sponsors and investments, hindering the market's expansion. Overcoming these accessibility and visibility barriers will be essential for the disc golf market to reach its full potential.

Impact of COVID–19 on the Disc Golf Market

Disc golf courses faced closures, and major events were postponed or canceled due to lockdowns, social distancing measures, and limited outdoor activities. However, the sport demonstrated resilience as players sought socially distant recreational options. As restrictions eased, interest in disc golf surged, with many newcomers joining the community. The pandemic accelerated the sport's digital presence, fostering online communities and virtual tournaments. While challenges were faced, the disc golf market ultimately showed adaptability and growth potential in a changing landscape. Introduction ...

Over the period presented, Reddit generated over 16 thousand U.S. dollars in revenues in Poland. The app reached its highest revenue in April 2023, accounting for 6,762 U.S. dollars.

In 2024, Reddit spent over 350 million U.S. dollars on sales and marketing operations, up from 230 million in the previous year. Overall, the annual revenue generated by Reddit in 2024 amounted to 1.3 billion U.S. dollars. In February 2024, Reddit Inc. presented its registration statement in preparation of its entrance in the public market.