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.

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.

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 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.

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.

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

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.

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

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.

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 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.

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.

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.

This statistic shows the share of adults in the United States who were using Reddit as of February 2021, sorted by income. During that period of time, ten percent of respondents earning 30,000 U.S. dollars or less used the social networking site.

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 ...

In 2024, Reddit Inc's earnings before taxes, depreciation and amortization amounted to 298.01 million U.S. dollars. This represents an increase from the negative 69.28 million U.S. dollars reported in the company EBITDA in 2024. In 2024, Reddit generated revenues for about 1.3 billion U.S. dollars, reporting a net loss of 484.3 million U.S. dollars in the same year.

In the first quarter of 2025, Reddit Inc's earnings before taxes, depreciation and amortization (EBITDA) amounted to 115.27 million U.S. dollars. This represents a significant increase from the 10.02 million U.S. dollars in EBITDA reported during the first quarter of 2024. In 2024, Reddit generated revenues of about 1.3 billion U.S. dollars, reporting a net loss of 484.3 million U.S. dollars in the same year.

By the end of 2024, Reddit reported having 2,233 full-time employees, compared to the 2,013 reported during the previous year. In 2023, the platform reported the number of volunteer moderators active on the platforms daily was of approximately 60,000. Moderators are not employees of Reddit. After almost 20 years from its launch, Reddit filed its S-1 income registration statement on February 22, 2024. The online forum and news aggregator is preparing to go public with a recommended valuation of approximately five billion U.S. dollars, after generating around 1.3 billion U.S. dollars in revenues in 2024.

According to a survey of adults in the United States in 2024, 46 percent of respondents who used Reddit were aged between 19 and 29 years. Reddit usage tends to be affected by users’ age, with older users reporting lower levels of engagement. Reddit engagement in numbers Reddit is one of the most popular websites in the forum category, allowing users to interact in multiple close-knitted communities organized in sub-threads and divided by topics. In March 2024, Reddit.com registered an average of 2.2 billion monthly visits from desktop and mobile combined. Reddit users are mostly based in North America, with the United States accounting for the biggest share of traffic worldwide by far. The future of Reddit Reddit was created in 2005, was redesigned for the very first time in 2018 to make it more appealing to new users and increase engagement from non-participating guests (jokingly called “lurkers”) who nonetheless enjoy the content. In February 2024, the company announced it was entering the public market by releasing its S-1 registration statement. In 2024, the company generated around 1.3 billion U.S. dollars worldwide in revenues. This translated into an average revenue per user (ARPU) of around 4.21 dollars in the last quarter of 2024.

As of February 2026, ******* was the most popular community on the platform, with approximately ** million subscribers. Subreddit *********** ranked second, with approximately ** million registered Reddit users subscribing to the community. Subreddits are thematic communities in which registered users can publish posts and comment on other users' posted content. Users receive awards and likes (called 'upvotes') for notable or popular comments and posts. Reddit IPO: how does Reddit make money? Launched in 2005, Reddit is the self-proclaimed “front page of the internet” and one of the largest social forums available to global users. In 2023, the platform generated over ** percent of its revenues via online advertising. In April 2023, the company announced it was monetizing third-party access to its API, thus creating a new revenue stream. After the announcement, Reddit did not have to wait too long to attract AI-based companies in need of training their artificial intelligence models. At the beginning of 2024, it was reported that Reddit had struck a 60-million-dollar deal with Google to license its large human interaction repository. Despite experiencing almost ** million U.S. dollars in net losses in 2023, Reddit decided to enter the public market on March **, 2024, at approximately ** U.S. dollars per share. Social media IPOs The largest social media IPO recorded in the last 15 years was Facebook, valued at over *** billion U.S. dollars upon its entrance into the public U.S. market in 2012. Despite the growth recorded by digital businesses in the first years of the COVID-19 pandemic, the social media market appeared to hit a standstill between 2020 and 2023, with large social media companies achieving lower valuations than expected. During this time, the digital environment witnessed smaller social media companies seeking IPOs: in September 2022, social video and streaming platform Rumble went public via a SPAC merger, with a valuation of only *** billion U.S. dollars. In September 2023, social video app Triller filed its S-1, indicating a possible direct listing.Reddit’s 2024 IPO might shake up the market and reignite the IPO trend for social media companies. On March 26, 2024, the micro-blogging social media app Truth Social went public via SPAC merger. The app, which saw less than *** thousand downloads in February 2024, was funded by former U.S. president Donald Trump.