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.
SLE
Super League Enterprise, Inc.
There isn't enough reported data to score SLE yet.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
SLE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Weak | |
| Unavailable | |
| Unavailable |
SLE's revenue is currently stable, but its profitability is weak. There isn't enough data to rate its cash flow and balance sheet.
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.
SLE PE Valuation
SLE 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 |
Analysts expect strong earnings and revenue growth for RDDT, with profitability improving. However, they disagree widely on these estimates.
SLE Forward outlook
There aren't enough analyst estimates for SLE to show an outlook.
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 the stronger earnings trend. Trailing diluted EPS is down 39% for RDDT versus SLE down 130%.
SLE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$161.95 | +$372.29 |
| Q1 2026 | -$213.49 | +$554.51 |
| Q4 2025 | -$331.72 | +$796.28 |
| Q3 2023 | -$8,164.80 | +$11,515.20 |
| Q2 2023 | -$21,216.00 | -$13,152.00 |
| Q1 2023 | -$21,888.00 | -$15,456.00 |
| Q4 2022 | -$22,080.00 | -$15,456.00 |
| Q3 2022 | -$19,680.00 | -$12,960.00 |
SLE lost $161.95 per share over the past year, a smaller loss than the year before.
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 SLE on sales, with more consistent year-over-year improvement.
| 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 has the edge over SLE on profitability, with a higher operating margin.
SLE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3M | +0.3% |
| Q1 2026 | $3M | +10% |
| Q4 2025 | $3.2M | -6.6% |
| Q3 2025 | $2.4M | -45% |
| Q2 2025 | $3M | -27% |
| Q1 2025 | $2.7M | -35% |
| Q4 2024 | $3.4M | -64% |
| Q3 2024 | $4.4M | -38% |
SLE's revenue has slid since its 2023 peak: $3M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -121% | -16 points |
| Q1 2026 | -138% | -4.9 points |
| Q4 2025 | -101% | +34 points |
| Q3 2025 | -126% | -48 points |
| Q2 2025 | -105% | -5.4 points |
| Q1 2025 | -134% | -24 points |
| Q4 2024 | -134% | +1.7 points |
| Q3 2024 | -78% | -15 points |
SLE's operating margin was −121% last quarter, down 16 points from the same quarter a year ago.
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 has the stronger cash trend. Its trailing FCF is up 679% versus its history, compared with SLE at up 35%.
SLE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.2M | -$409K |
| Q1 2026 | -$2.5M | -$320K |
| Q4 2025 | -$3.9M | -$565K |
| Q2 2025 | -$1.8M | +$517K |
| Q1 2025 | -$2.2M | +$1.5M |
| Q4 2024 | -$3.3M | -$1.9M |
| Q3 2024 | -$2.1M | +$1.2M |
| Q2 2024 | -$2.3M | +$5.5M |
SLE has burned cash in almost every quarter: −$10M over the past year, against −$10M the year before.
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 SLE 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 | — |
SLE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -24% | -592K shares |
| 1 year | +4693% | +1.8M shares |
| 3 years | +46695% | +1.8M shares |
| 5 years | +146463% | +1.8M shares |
| Available history | +206205% | +1.8M shares |
SLE has 2M diluted shares, up 4693% from a year ago.
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.
SLE Net Leverage
SLE's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
SLE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 40.7 | Neutral |
SLE's weekly RSI is 42 (neutral) and its Stochastic is 41 (neutral).
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.
SLE PE vs Communication Services Sector
SLE 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 |
SLE has stronger trend alignment. RDDT is above 0 of 4 weekly averages versus SLE above 0 of 5.
SLE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.80 | 17% below |
| 20 week MA | $3.99 | 0.5% below |
| 50 week MA | $4.68 | 15% below |
| 100 week MA | $60.6 | 93% below |
| 200 week MA | $1,011.6 | 100% below |
SLE is in a downtrend: it's below all five of its weekly moving averages, and 100% 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 finished every year since 2024 higher, and it's down 56% so far in 2026.
SLE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23,520.0 | $33,120.0 | +41% |
| 2021 | $33,120.0 | $24,288.0 | -27% |
| 2022 | $24,288.0 | $3,379.2 | -86% |
| 2023 | $3,379.2 | $729.6 | -78% |
| 2024 | $729.6 | $316.3 | -57% |
| 2025 | $316.3 | $7.26 | -98% |
| 2026 YTD | $7.26 | $3.97 | -45% |
SLE has the edge over RDDT on returns for 2026, with the stronger performance.