RDDT
Reddit, Inc.
RDDT's fundamentals are strong: revenue grew 62% and its operating margin rose 16 points to 29%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
SEAT
Vivid Seats Inc.
There isn't enough reported data to score SEAT yet.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
SEAT Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Weak | |
| Strong |
SEAT's profitability and balance sheet are currently healthy, but its cash flow is weak. There isn't enough data to rate its revenue.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
SEAT PE Valuation
SEAT has no meaningful PE right now: it lost money over the past year.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over SEAT on the outlook, with more favorable revenue expectations.
SEAT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect SEAT's losses to shrink, with revenue holding steady. However, they disagree widely on these estimates.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
SEAT Earnings Per Share
SEAT and RDDT do not have enough comparable growth data to identify a winner.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over SEAT in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT's operating margin was 29% last quarter, up 5.5 points from the same quarter a year ago, near the top of its range since 2020.
SEAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2023 | $136.6M | +4.4% |
SEAT's revenue has slid since its 2022 peak: $98M last quarter, down 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | 16% | N/A |
| Q3 2022 | 14% | N/A |
| Q2 2022 | 12% | N/A |
| Q1 2022 | 10% | N/A |
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT generated $1.2B in free cash flow over the past year, up 135% from the year before.
SEAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2023 | $64.9M | +184% |
SEAT has the edge over RDDT in the latest year-over-year cash flow comparison.
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over SEAT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
SEAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +217K shares |
| 1 year | +196% | +7.6M shares |
SEAT has 11M diluted shares, up 196% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $3,000 |
SEAT has spent almost nothing on buybacks in the past year.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has more cash than debt.
SEAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | -2.8x | Net Cash |
SEAT has more cash than debt.
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
SEAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 22.3 | Oversold |
| Stochastic | 2.1 | Oversold |
SEAT's weekly RSI is 22 (oversold) and its Stochastic is 2 (oversold).
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT is trading at 20x earnings, a 23% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
SEAT PE vs Communication Services Sector
SEAT has no meaningful PE right now: it lost money over the past year.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
SEAT has stronger trend alignment. RDDT is above 0 of 4 weekly averages versus SEAT above 0 of 5.
SEAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.71 | 54% below |
| 20 week MA | $5.00 | 75% below |
| 50 week MA | $6.28 | 80% below |
| 100 week MA | $24.6 | 95% below |
| 200 week MA | $74.1 | 98% below |
SEAT is in a downtrend: it's below all five of its weekly moving averages, and 98% below its 200-week average.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has the edge over SEAT on returns for 2026, with the stronger performance.
SEAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $196.6 | $203.6 | +3.6% |
| 2021 | $203.6 | $216.2 | +6.2% |
| 2022 | $216.2 | $134.4 | -38% |
| 2023 | $134.4 | $126.4 | -6% |
| 2024 | $126.4 | $75.8 | -40% |
| 2025 | $75.8 | $6.63 | -91% |
| 2026 YTD | $6.63 | $1.25 | -81% |
SEAT has finished four years in a row lower, and it's down 81% so far in 2026.