# Reddit, Inc.

> Reddit is a network of more than 100,000 active communities - subreddits - where people gather to ask questions, share niche obsessions, argue, and help each other, organized by upvotes rather than an algorithmic feed alone. Founded in 2005 and public since 2024, it makes most of its money from advertising against those conversations, and a growing slice from licensing its two decades of human discussion to AI companies training and grounding their models.

- **Founded:** 2005
- **Headquarters:** San Francisco, United States
- **Founders:** Steve Huffman (Co-founder & CEO), Alexis Ohanian (Co-founder), Aaron Swartz (Early co-owner (via merger with Infogami))
- **Team size:** ~2,600 employees
- **Products:** Reddit (core platform), Reddit Ads, Reddit Answers, Reddit Pro, Reddit Premium
- **Notable:** Grew from a two-person Y Combinator project into one of the most-visited sites in the world., IPO'd on the NYSE in March 2024, the first major social-media IPO since Pinterest in 2019, with shares jumping ~48% on debut., Reserved a large IPO share allocation for power users and moderators - a rare acknowledgment of the community's role.

## Products & services

- **Reddit (core platform)** — A network of 100,000+ active communities (subreddits) where members post links, text, images, and video, then rank content through upvotes and downvotes.
- **Reddit Ads** — Self-serve and managed advertising platform offering targeted placements against community and interest signals; the company's primary revenue source.
- **Reddit Answers** — AI-powered search and summarization feature that answers questions using only Reddit posts and comments, drawing on OpenAI and Google Cloud models.
- **Reddit Pro** — Free suite of analytics and engagement tools for businesses and creators - post analytics, audience and trend insights, brand-mention tracking, and scheduling.
- **Reddit Premium** — Paid subscription that removes ads and provides members-only perks and features.
- **Data / AI Licensing** — Licensed access to Reddit's corpus of human conversation for training and grounding AI models, via deals with Google and OpenAI.
- **Moderation & Community Tools** — Tools for volunteer moderators including automod, Rules Hub, mod queues, and analytics that keep communities self-governing.

## Achievements

- Grew from a two-person Y Combinator project into one of the most-visited sites in the world.
- IPO'd on the NYSE in March 2024, the first major social-media IPO since Pinterest in 2019, with shares jumping ~48% on debut.
- Reserved a large IPO share allocation for power users and moderators - a rare acknowledgment of the community's role.
- Reached record profitability, posting net income of ~$89M in Q2 2025.
- Turned its content archive into a new revenue category through AI data-licensing deals with Google and OpenAI.
- Scaled Reddit Answers from ~1M to ~15M weekly active users within roughly a year.

## Latest updates

- **2025-07** — Reported Q2 2025 revenue of ~$500M, up ~78% year over year, with net income of ~$89M - its most profitable quarter to date.
- **2025-04** — Officially launched Reddit Answers, an AI-enhanced search experience, more broadly across the platform.
- **2025-02** — Disclosed that AI data-licensing deals with Google and OpenAI made up roughly 10% of revenue.
- **2024-03** — Completed its IPO on the NYSE under ticker RDDT at $34 per share, valuing the company at about $6.5B.

## Links

- Website: https://redditinc.com
- LinkedIn: http://www.linkedin.com/company/reddit-com
- Twitter/X: https://www.twitter.com/reddit
- GitHub: https://github.com/reddit
- YouTube: https://www.youtube.com/user/reddit
- Instagram: https://www.instagram.com/reddit
- Facebook: https://www.facebook.com/reddit
- TikTok: https://www.tiktok.com/@reddit

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Profile page: https://yespress.io/reddit-inc
Published by YesPress — https://yespress.io
Last updated: 2026-08-13