From losses to profit: Discover the most interesting statistics behind Reddit's incredible growth and path to profitability.
Reddit has evolved from a niche discussion forum into one of the internet's most influential platforms. With 116 million daily active users and 444 million weekly active users (as of Q3 2025), the platform's growth is undeniable.
This complete collection of statistics covers everything from user growth (U.S. and internationally) and financial trends to how Reddit has become one of AI’s biggest citation sources. This guide provides the data needed to understand Reddit's current state and future potential.
Reddit's user growth has accelerated dramatically, reaching 116 million daily active users and 444 million weekly active users by Q3 2025. This represents year-over-year growth of approximately 19% and 22% respectively. The following statistics break down growth across global users, regional performance (U.S. vs international), and daily, weekly, and monthly growth trends.
*Reddit began consistently reporting regional breakdowns (U.S. vs. International) starting in Q3 2024. Prior quarters reported only global totals.
*Weekly active users are estimated based on reported daily active users. Reddit started providing regional breakdowns for BOTH DAU and WAU in Q3 2024. They continued this for Q4 2024 (we have both DAU and WAU regional splits). But then in 2025, they only continue to provide regional breakdowns for DAU, not WAU.
*Monthly active users are estimated based on reported daily active users. Reddit doesn’t officially report monthly active users. There are NO official quarterly MAU breakdowns for 2024 or 2025. Reddit only officially reports Daily Active Users (DAU) and Weekly Active Users (WAU) on a quarterly basis.
Logged-in users are registered Reddit accounts who are actively signed in. They can comment, post, vote, and moderate communities. Reddit can identify them with unique identifiers and track their behavior across sessions.
Logged-out users are visitors who browse Reddit without creating or signing into an account. They can read content but cannot comment, post, or vote. They often arrive via search engines or social media.
Reddit's growth strategy relies heavily on converting logged-out users into logged-in users. The company tracks this split to measure how effectively they're converting casual visitors into engaged community members who generate significantly more revenue.
Being logged-in allows for better behavioral tracking and a higher ad targeting value. Logged-out users don't need to provide personal data like email addresses, which is information that could help Reddit better track users and deliver more targetted ads.
There is a significant monetization gap between the two user types. Logged-out users monetize at only about one-third the rate of logged-in users. This disparity is expected to grow substantially, as by 2025, Reddit's logged-in users could represent an ARPU of $17.60 compared to $5.90 for logged-out users, based on Deutsche Bank estimates.
Bottom line: A logged-in user is worth 3-5x more in revenue than someone just browsing without an account, so converting visitors to registered users is critical to Reddit's business model and profitability.
Reddit achieved a major financial milestone in 2025, swinging to profitability for the first time in Q1. The platform's revenue also reached $585 million in Q3 2025, representing strong year-over-year growth (primarily driven by advertising). The following statistics detail Reddit's profitability and revenue performance, including total revenue, advertising revenue, net income, and gross margin.
Reddit earned $1.3 billion total revenue for full year 2024, good for 62% YoY growth (TradingView News)
Reddit experienced its first profitable quarter in Q1 2025. CNBC, with 90%+ gross margins throughout the year. Reddit Q1-Q3 2025 Earnings Reports
Reddit has secured major AI licensing partnerships that represent a significant new revenue stream for the platform. In 2024, the company announced deals with Google and OpenAI worth an estimated $130 million annually, allowing these AI companies to access Reddit's vast dataset of user-generated content for training their models.
Following its March 2024 IPO, Reddit's ownership is now heavily concentrated among institutional investors (who hold ~62% of shares). This institutional ownership rate significantly exceeds the industry average of 30% for Internet Content & Information stocks. The following statistics detail the current ownership structure and major shareholders as of 2025.
*Reddit's 62.41% institutional ownership significantly exceeds the 29.82% average for Internet Content & Information stocks (Tickergate)
Reddit has emerged as the most cited source across AI platforms. Reddit's user-generated content is invaluable as training data and reference material for AI platforms, with Perplexity citing Reddit in nearly half of its top results and ChatGPT ranking Reddit second only to Wikipedia.
Interestingly, the majority of cited content comes from relatively obscure posts with fewer than 20 upvotes, highlighting how AI systems surface niche community knowledge. The following statistics break down citation rates by platform and the characteristics of cited content.