Reddit, Inc. (RDDT) vs Spotify Technology S.A. (SPOT)
A side-by-side comparison of Reddit, Inc. and Spotify Technology S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
RDDT
Reddit, Inc.
$157.77Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
SPOT
Spotify Technology S.A.
$525.75Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — RDDT vs SPOT
growth of $100 · dividends reinvested · last 2yRDDT +190.3% (+70.4%/yr)SPOT +106.9% (+43.8%/yr)RDDT compounded faster over this window
RDDT SPOT
RDDT vs SPOT: by the numbers
- •SPOT is the larger company ($108.09B vs $30.37B market cap).
- •SPOT trades at the lower trailing earnings multiple (32.80 vs 36.69 P/E), one valuation lens rather than an overall verdict.
- •RDDT converts more revenue to profit (31.35% vs 18.49% net margin).
- •RDDT grew revenue faster over the past five years (57.28% vs 15.47% CAGR).
Metrics side by side
Valuation
| Metric | RDDT | SPOT |
|---|---|---|
| P/E ratio | 36.69 | 32.80 |
| Forward P/E | 29.35 | N/A |
| P/S ratio | 10.93 | 5.14 |
| P/B ratio | 9.24 | 11.28 |
| EV / EBITDA | 36.06 | 31.80 |
| FCF yield | 3.35% | 3.53% |
Profitability
| Metric | RDDT | SPOT |
|---|---|---|
| Gross margin | 91.44% | 32.79% |
| Operating margin | 20.07% | 14.65% |
| Net margin | 31.35% | 18.49% |
| ROE | 26.51% | 40.58% |
| ROIC | 23.61% | 29.12% |
Growth (annualized)
| Metric | RDDT | SPOT |
|---|---|---|
| Revenue CAGR (5Y) | 57.28% | 15.47% |
| FCF CAGR (5Y) | N/A | 66.34% |
| Total return CAGR (5Y) | N/A | 16.28% |
Frequently asked
- Which has the lower trailing P/E, RDDT or SPOT?
- SPOT has the lower trailing P/E: RDDT trades at 36.69 and SPOT at 32.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, RDDT or SPOT?
- Over the past five years, RDDT grew revenue faster — RDDT at a 57.28% CAGR versus SPOT at 15.47%.
- Is RDDT or SPOT more profitable?
- RDDT runs the higher net margin — RDDT at 31.35% versus SPOT at 18.49%.
Go deeper
Dig into the metrics
Reddit P/E ratioSpotify Technology P/E ratioReddit ROESpotify Technology ROEReddit operating marginSpotify Technology operating marginReddit revenue growthSpotify Technology revenue growthReddit free cash flowSpotify Technology free cash flow
Reddit & Spotify Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.