reddit market cap
Let me look up the ticker for Reddit and load its market cap data.Reddit trades as RDDT on the NYSE. Let me load the market cap data.Let me load the price data which can give us the market cap context, and also load the shares outstanding to compute it.Now let me compute the market cap by multiplying the latest adjusted close by the most recent diluted shares outstanding.The print statement leaked into column names but the data is there. Let me extract the key numbers cleanly.
As of July 21, 2026, Reddit's market cap stands at approximately $37.6 billion, based on a share price of $185.84 and ~202.5 million diluted shares outstanding.
Reddit IPO'd in March 2024 at $34/share (market cap ~$6.4B on day one) and has grown nearly 6× since then, with the bulk of the gains coming in late 2024 through 2025.
At $100 - what is the market cap? And PE based on TTM earnings
Let me get the TTM earnings data and compute both the market cap at $100 and the P/E ratio.Here's the breakdown:
Reddit (RDDT) at $100/share
| Metric | Value |
|---|---|
| Share price | $100.00 |
| Diluted shares outstanding | 202.5M |
| Market cap at $100 | ~$20.3 billion |
| TTM net income (last 4 quarters) | ~$708M |
| P/E at $100 | ~28.6× |
The TTM earnings are built from the four quarters ending Mar 31, 2026:
| Quarter | Net Income |
|---|---|
| Q2 2025 | $89.3M |
| Q3 2025 | $162.7M |
| Q4 2025 | $251.6M |
| Q1 2026 | $204.0M |
At $100, Reddit would trade at roughly 29× trailing earnings — a meaningful discount from the current ~$186 price, where it trades at roughly 53× TTM earnings.