Reddit, Inc. (RDDT) Spending and interest coverage
- R&D / revenue · 12 months: Value 30.00%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 12.16%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 30.00% | Research and development expense / revenue. Period ending 2026-06-30. $833.79M ÷ $2.78B × 100 ≈ 30.00% |
| Stock-based compensation / revenue · 12 months | 12.16% | Share-based compensation / revenue. Period ending 2026-06-30. $337.98M ÷ $2.78B × 100 ≈ 12.16% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 833.79M USD | Research and Development Expense |
| Revenue | 2.78B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 337.98M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 785.00M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $833.79M | $2.78B | $337.98M | $785.00M | (m) | 30.00% | 12.16% | (m) | (m) |
| 2026-03-31 | $799.12M | $2.47B | $326.10M | $620.99M | (m) | 32.31% | 13.18% | (m) | (m) |
| 2025-12-31 | $783.14M | $2.20B | $343.18M | $441.98M | (m) | 35.56% | 15.58% | (m) | (m) |
| 2025-09-30 | $772.90M | $1.90B | $343.12M | $263.03M | (m) | 40.58% | 18.02% | (m) | (m) |
| 2025-06-30 | $743.23M | $1.67B | $334.36M | $131.34M | (m) | 44.56% | 20.04% | (m) | (m) |
| 2025-03-31 | $689.39M | $1.45B | $309.55M | $32.59M | (m) | 47.56% | 21.35% | (m) | (m) |
| 2024-12-31 | $935.15M | $1.30B | $801.65M | $-560.57M | (m) | 71.92% | 61.66% | (m) | (m) |
| 2024-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2024-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-12-31 | $438.35M | $804.03M | $47.60M | $-140.16M | (m) | 54.52% | 5.92% | (m) | (m) |
| 2023-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2023-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2022-12-31 | $365.16M | $666.70M | $55.31M | $-172.16M | (m) | 54.77% | 8.30% | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.