Reddit, Inc. (RDDT) - Net Assets
Based on the latest financial reports, Reddit, Inc. (RDDT) has net assets worth $2.93 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.24 Billion) and total liabilities ($310.13 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Reddit, Inc. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.93 Billion |
| % of Total Assets | 90.43% |
| Annual Growth Rate | 44.87% |
| 5-Year Change | 86.86% |
| 10-Year Change | N/A |
| Growth Volatility | 133.09 |
Reddit, Inc. - Net Assets Trend (2020–2025)
This chart illustrates how Reddit, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore RDDT total assets for the complete picture of this company's asset base.
Annual Net Assets for Reddit, Inc. (2020–2025)
The table below shows the annual net assets of Reddit, Inc. from 2020 to 2025. For live valuation and market cap data, see market cap of Reddit, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.93 Billion | +37.47% |
| 2024-12-31 | $2.13 Billion | +616.02% |
| 2023-12-31 | $-412.92 Million | -128.01% |
| 2022-12-31 | $1.47 Billion | -5.94% |
| 2021-12-31 | $1.57 Billion | +241.40% |
| 2020-12-31 | $459.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reddit, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 42410300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.00K | 0.00% |
| Other Comprehensive Income | $4.36 Million | 0.15% |
| Other Components | $3.60 Billion | 122.76% |
| Total Equity | $2.93 Billion | 100.00% |
Reddit, Inc. Competitors by Market Cap
The table below lists competitors of Reddit, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Circle Internet Group, Inc.
NYSE:CRCL
|
$23.29 Billion |
|
CMS Energy Corporation
NYSE:CMS
|
$23.30 Billion |
|
ABN Amro Group NV
AS:ABN
|
$23.40 Billion |
|
Banco Do Brasil SA
F:BZLA
|
$23.49 Billion |
|
BioNTech SE
F:22UA
|
$23.24 Billion |
|
PulteGroup Inc
NYSE:PHM
|
$23.24 Billion |
|
Epiroc AB (publ)
ST:EPI-A
|
$23.24 Billion |
|
SAIC Motor Corp Ltd
SHG:600104
|
$23.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reddit, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,130,749,000 to 2,929,038,000, a change of 798,289,000 (37.5%).
- Net income of 529,721,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,340,000.
- Other factors increased equity by 264,228,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $529.72 Million | +18.09% |
| Other Comprehensive Income | $4.34 Million | +0.15% |
| Other Changes | $264.23 Million | +9.02% |
| Total Change | $- | 37.47% |
Book Value vs Market Value Analysis
This analysis compares Reddit, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 59.23x to 11.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $2.81 | $166.48 | x |
| 2021-12-31 | $9.60 | $166.48 | x |
| 2022-12-31 | $9.03 | $166.48 | x |
| 2023-12-31 | $-2.53 | $166.48 | x |
| 2024-12-31 | $11.82 | $166.48 | x |
| 2025-12-31 | $14.49 | $166.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reddit, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.05%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.11x
- Recent ROE (18.09%) is above the historical average (-6.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -12.89% | -25.85% | 0.44x | 1.14x | $-105.09 Million |
| 2021 | -8.16% | -26.37% | 0.29x | 1.05x | $-284.64 Million |
| 2022 | -10.75% | -23.78% | 0.42x | 1.08x | $-305.99 Million |
| 2023 | 0.00% | -11.30% | 0.50x | 0.00x | $-49.53 Million |
| 2024 | -22.73% | -37.25% | 0.56x | 1.10x | $-697.35 Million |
| 2025 | 18.09% | 24.05% | 0.68x | 1.11x | $236.82 Million |
Industry Comparison
This section compares Reddit, Inc.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $4,720,440,688
- Average return on equity (ROE) among peers: -6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reddit, Inc. (RDDT) | $2.93 Billion | -12.89% | 0.11x | $23.25 Billion |
| Calibre (ALWIN) | $9.89 Million | -68.49% | 2.74x | $11.23 Million |
| ANGI Homeservices Inc (ANGI) | $-22.17 Million | 0.00% | 0.00x | $306.40 Million |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $123.41 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.20 Billion |
| Baidu Inc (BIDU) | $8.41 Billion | 41.94% | 0.31x | $35.02 Billion |
| Bilibili Inc (BILI) | $15.24 Billion | -49.26% | 1.74x | $7.20 Billion |
| Bumble Inc (BMBL) | $1.35 Billion | -41.29% | 0.87x | $540.03 Million |
| The Beachbody Company, Inc. (BODI) | $87.40 Million | 36.95% | 2.33x | $62.80 Million |
| Kanzhun Ltd ADR (BZ) | $14.96 Billion | 10.59% | 0.29x | $5.37 Billion |
| BuzzFeed Inc (BZFD) | $106.94 Million | -9.44% | 1.07x | $28.12 Million |
About Reddit, Inc.
Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also organizes communities based on specific interests that enable users to engage in conversations by sh… Read more