Reddit, Inc. licenses access to its platform data through its Data API, and Google (announced 2024-02-22) and OpenAI (announced 2024-05-16) are the two licensees that the parties have announced. Neither party states what Google or OpenAI pays. Reddit's Form S-1 of 2024-02-22 gives one aggregate figure, USD 203.0 million in contract value for arrangements entered in January 2024, with counterparties it does not name.
Reddit's 10-Q filed 2026-10-30 adds that substantially all of its licensing contract value comes from two partners whose agreements are approaching the end of their current terms, and no renewal is on the record as of 2026-11-09. This page separates the three records and the suits Reddit brought over unlicensed access, as one example in AI training data licensing.
Every date, amount and quotation below comes from a Reddit filing, a party announcement or a court record, and each is checked as stated in how we source, date and check every figure.
Reddit's licenses at a glance: counterparties, dates and access
Reddit's public record holds three licensing records and one related litigation row: the January 2024 arrangements in the S-1, Google, and OpenAI. The table compares them as of 2026-11-09, with the source of each row.
| Entered or announced | Counterparty | Access and data | Use as stated | Value as stated (stated by) | Source |
|---|---|---|---|---|---|
| 2024-01 (disclosed 2024-02-22) | not named in the S-1 | arrangements "allowing third parties to access, search, and analyze data on our platform" | not stated | USD 203.0 million aggregate contract value, terms two to three years; at least USD 66.4 million expected in 2024 (Reddit, Form S-1) | sec.gov |
| 2024-02-22 | Google LLC | Reddit Data API, real-time structured content | training stated: "display, train on, and otherwise use" (Google) | not disclosed by the parties | blog.google |
| 2024-05-16 | OpenAI | Reddit Data API, Reddit content in ChatGPT and new products | training not stated in Reddit's post | not disclosed | redditinc.com |
| Related, not licenses | Perplexity AI, SerpApi, Oxylabs, AWMProxy (S.D.N.Y. 1:25-cv-08736-PAE, filed 2025-10-22); Anthropic PBC (San Francisco Superior Court CGC-25-625892, filed 2025-06) | suits over unlicensed access to Reddit content | n/a | n/a; status as of 2026-11-06 (S.D.N.Y.) and September 2026 (state court) | courtlistener.com; sec.gov |
The S-1 row is dated by when the arrangements were entered, not by an announcement, and the S-1 does not say whether either announced licensee is among its counterparties. The same three licensing rows sit in the parent tracker.
Google and Reddit: Data API access to display, train on and otherwise use content
Google announced on 2024-02-22 that it has access to Reddit's Data API to "display, train on, and otherwise use" Reddit content, and neither party has stated a value. Google LLC, a subsidiary of Alphabet Inc., is the named party, and the post describes the access as real-time, structured content delivered through the Data API rather than collected from public pages. The wording of the grant is the only statement of use on the record for this deal, and it covers three verbs: display, train on and otherwise use.
The same post states that the arrangement "does not change Google's use of publicly available, crawlable content for indexing, training, or display in Google products". Two routes therefore exist side by side: licensed Data API access with named rights, and Google's existing use of public pages through its crawler, which the post leaves as it was.
The grant names display and training in one sentence, which is how a field of use appears in practice. How such a grant is drafted and limited is explained under field of use in AI data licensing agreements. Reddit's and Google's posts say nothing on exclusivity, deletion or retention, so this page states none.
OpenAI and Reddit: Data API access for ChatGPT and new products
Reddit announced on 2024-05-16 that OpenAI will access Reddit's Data API to bring Reddit content to ChatGPT and new products. Reddit's post gives no value and does not say that OpenAI trains models on Reddit data, so the use is recorded as not stated, which is different from a statement that training is excluded.
Reddit's shareholder letter for the second quarter of 2024, dated 2024-08-06, names new data licensing partnerships "including with OpenAI and Sprinklr". The letter gives neither terms nor amounts for either name. Reddit's post also does not say which OpenAI legal entity signed, so the page writes "OpenAI".
Because the post states neither training nor a value, the row in the table reads "not stated" for use and "not disclosed" for value, and the OpenAI record is the thinnest of the three. A reader comparing it with the Google row should note that the difference is in what each party chose to publish, not necessarily in what each agreement allows. The company's wider program terms and payouts are on the profile of OpenAI as a data buyer.
What Reddit's SEC filings state about the value of its licenses
Reddit's Form S-1 of 2024-02-22 states USD 203.0 million in aggregate contract value for data licensing arrangements entered in January 2024, with terms of two to three years and counterparties it does not name. The S-1 adds that Reddit expected at least USD 66.4 million of that value as revenue in 2024. The table lists each filed figure with what it is not, as of 2026-11-09.
| Figure | Amount as stated | Filing and date | What it is not |
|---|---|---|---|
| Aggregate contract value, January 2024 arrangements | USD 203.0 million; terms two to three years | Form S-1, 2024-02-22 | not a per-buyer amount; counterparties not named |
| Minimum revenue expected in 2024 from those arrangements | USD 66.4 million | Form S-1, 2024-02-22 | not actual 2024 licensing revenue |
| Remaining performance obligations in contracts over one year, primarily long-term content licensing | USD 62.4 million: USD 31.9 million in the rest of 2026, USD 30.5 million in 2027 | 10-Q, period ended 2026-09-30 | not a renewal value |
| Concentration | "substantially all" licensing contract value from two partners | 10-Q, filed 2026-10-30 | partners not named in that sentence |
| Revenue recognition | generally ratably over the license period (right to access) | 10-K FY2025 | not a payment schedule |
Other revenue in Reddit's filings combines content licensing with products sold directly to users and is not a licensing figure: Reddit's 10-K reports USD 140.026 million of Other revenue for fiscal 2025, and that amount cannot be read as licensing income.
The dates sit side by side and support no conclusion: the S-1 arrangements date from January 2024, the Google announcement from 2024-02-22 and the OpenAI announcement from 2024-05-16. The filings do not say which counterparties the USD 203.0 million covers, so it is a contract value for unnamed counterparties, not a payment, and not a sum for Google or OpenAI.
Reddit's 10-K for fiscal 2025 states that licensing revenue is generally recognized ratably over the license period, so a multi-year contract value reaches the income statement in installments across the term. How such figures compare across companies is covered under AI data licensing revenue in company filings.
Why no per-buyer price appears for Google or OpenAI
Neither Google, OpenAI nor Reddit has stated what any single buyer pays, so this page shows no per-buyer amount. The announcements of 2024-02-22 and 2024-05-16 give no value, and no Reddit filing splits the aggregate S-1 contract value by counterparty.
Amounts per buyer that circulate elsewhere do not come from a party or a filing, which is why DataPacts leaves them out, including as secondhand claims, and it applies the same rule to every deal in the tracker. The only per-year number in the filings is the USD 66.4 million minimum for 2024, and it covers all January 2024 arrangements together. A reader who needs a benchmark should use the dated filing figures in the table above and keep their limits in mind: an aggregate for unnamed counterparties cannot be divided into prices.
Renewal and scrutiny disclosed by Reddit
Reddit's own filings record three developments around the deals: agreements nearing the end of their terms, tests of logged-in-only access, and an FTC inquiry. Each is stated by Reddit and dated below, and none is a prediction of what happens next.
Two agreements approaching the end of their current terms
Reddit's 10-Q for the third quarter of 2026, filed 2026-10-30, states that substantially all of its licensing contract value comes from two partners whose agreements are approaching the end of their respective current terms. The S-1 had described terms of two to three years for the January 2024 arrangements.
The sentence names no partner, and no renewal, extension or end of either agreement is on the record as of 2026-11-09. Reddit's filings are the only source used here for the status, and this page makes no forecast.
Logged-in-only tests and access to Reddit's data corpus
Reddit states that it is testing logged-in-only experiences in select markets outside the U.S. in the fourth quarter of 2026, partly to protect access to its data corpus. The statement appears in Reddit's shareholder materials filed 2026-10-29 and gives no connection to a specific licensee. Reddit's wording places the tests in markets outside the U.S. and in the fourth quarter of 2026 only, and the filing does not describe a change for existing licensees.
The FTC inquiry into licensing user content for AI training
Reddit's amended S-1 discloses that it received a letter from the FTC on 2024-03-14 about a non-public inquiry into its licensing of user content to train AI. No outcome is on the record as of 2026-11-09, so the inquiry is neither closed nor resolved in this page's sources. The letter predates both the OpenAI announcement of 2024-05-16 and the third-quarter 10-Q, and the filings do not tie it to either licensee.
Licensed access versus unlicensed access: the suits Reddit brought
Alongside its licenses, Reddit has sued companies it says accessed its content without a license: Perplexity, SerpApi, Oxylabs and AWMProxy in one S.D.N.Y. case, and Anthropic in California state court. In the S.D.N.Y. case (1:25-cv-08736-PAE, filed 2025-10-22) the motions of SerpApi and Perplexity were predominantly denied on 2026-07-31, and the Oxylabs motion was undecided as of 2026-11-06.
The Anthropic case (San Francisco Superior Court CGC-25-625892) was remanded to state court on 2026-03-30 and was narrowed in September 2026, according to Anthropic's S-1/A, to breach of contract, interference with contract and unfair competition. These are Reddit's claims in pending cases, not findings. Both are listed in the case tracker of AI training data lawsuits, and the pages on Reddit v. Perplexity, SerpApi and others and Reddit v. Anthropic follow each docket.
What Reddit's deals show a platform weighing a data license
Reddit's record shows what one large platform disclosed, not what another holder will be offered. Four lists follow, each drawn from Reddit's filings and announcements.
Benefits
- A multi-year contract value is stated in a filing: USD 203.0 million over two to three years for the January 2024 arrangements, as of the S-1 of 2024-02-22.
- Licensing revenue is recognized over the license period, so the income spreads across the term.
Risks
- Concentration: substantially all licensing contract value sits with two partners, so the renewal of two agreements matters (10-Q, filed 2026-10-30).
- Regulatory attention: the FTC wrote to Reddit on 2024-03-14 about a non-public inquiry into licensing user content for AI training.
- Enforcement cost: the two suits over unlicensed access remain pending as of the dates above.
The size of any single license depends on the data, the rights and the use, and Reddit's aggregate figure is a poor benchmark for another holder; methods and public price points are collected under what company data is worth to AI companies.
Downsides
- A grant that names display and training together, as in Google's post, gives the licensee both uses.
- No per-buyer price is public, so a platform has no single price to benchmark against.
Alternatives
- Not licensing at all, and keeping the data off the market.
- Display-only or answers-only licensing, as in the Le Monde and Perplexity row of the parent tracker.
- API access priced per use.
- Blocking or charging crawlers.
Each list reflects what Reddit's filings show for one platform, and none of them tells a platform to license or to refrain. The weighing of benefits, risks and alternatives for a company's own data is set out under should you sell or license your data to AI companies, where not selling is treated as a valid outcome.
Where to read the tracker, buyers and platform sellers around the Reddit deals
This page covers Reddit's own deals; the pages below cover every recorded deal, the buyers, the law on scraping and other platforms that license user content.
- AI data licensing deals with parties, dates and sources
- How frontier AI labs acquire data
- Who sells data to AI companies
- Is web scraping for AI training legal
- AI crawlers that collect training data
- AI training data market
Related pages cover Google as a data buyer, platforms licensing user content to AI, Stack Overflow AI licensing deals and Automattic data licensing.
Frequently asked questions
How much does Google pay Reddit for its data?
No party states what Google pays Reddit. Google's post of 2024-02-22 gives no value, and Reddit's S-1 of the same date gives only USD 203.0 million as the aggregate contract value of January 2024 arrangements for counterparties it does not name.
Does OpenAI train on Reddit data under its deal?
Reddit's post of 2024-05-16 does not state that OpenAI trains on Reddit data. It says OpenAI will access the Data API to bring Reddit content to ChatGPT and new products. "Not stated" does not mean training is excluded.
Is Reddit's deal with Google ending?
Reddit's 10-Q filed 2026-10-30 says that two partners' agreements are approaching the end of their current terms, without naming them. No renewal or end is on the record as of 2026-11-09. Updates are collected in the deal tracker updates by email, which carries Reddit deal updates by email.
Does the Reddit deal change how Google crawls Reddit?
Google states that the deal does not change its use of publicly available, crawlable content. Its post of 2024-02-22 says the partnership does not change that use for indexing, training or display in Google products, and the Data API access is a separate route.