Growth Metrics

Reddit (RDDT) Cost of Revenue (2023 - 2026)

On a quarterly basis, Cost of Revenue rose 308.4% to $151.5 million in Q1 2026 year-over-year; TTM through Mar 2026 was $694.4 million, a 73.64% increase, with the full-year FY2025 number at $503.9 million, up 43.72% from a year prior.

Reddit (RDDT) has 4 years of Cost of Revenue data on record, last reported at $151.5 million in Q1 2026.

  • Cost of Revenue reached $151.5 million in Q1 2026 per RDDT's latest filing, down from $368.4 million in the prior quarter.
  • Over the last five years, Cost of Revenue for RDDT hit a ceiling of $368.4 million in Q4 2025 and a floor of $26.4 million in Q3 2023.
  • A 4-year average of $106.4 million and a median of $59.2 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: crashed 50.19% in 2024, then skyrocketed 308.4% in 2026.
  • Tracing RDDT's Cost of Revenue over 4 years: stood at $148.1 million in 2023, then soared by 74.79% to $258.8 million in 2024, then soared by 42.32% to $368.4 million in 2025, then plummeted by 58.88% to $151.5 million in 2026.
  • Business Quant data shows Cost of Revenue for RDDT at $151.5 million in Q1 2026, $368.4 million in Q4 2025, and $128.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Meta Platforms 1,539.18 Bn 1,458.00 Bn 46.09 Bn 10.22 Bn
2 Spotify Technology 118.05 Bn 107.81 Bn 1.75 Bn 3.56 Bn
3 Reddit 28.76 Bn 25.99 Bn 511.94 Mn 151.47 Mn
4 Nebius 22.38 Bn 22.38 Bn 295.20 Mn 103.80 Mn
5 Pinterest 12.01 Bn 10.71 Bn 768.96 Mn 238.55 Mn
6 Strive 9.69 Bn 9.62 Bn - -
7 Snap 9.60 Bn 6.78 Bn 1.29 Bn 239.01 Mn
8 Match 8.34 Bn 7.31 Bn 653.28 Mn 210.66 Mn
9 Baidu 5.09 Bn -5.87 Bn 1.88 Mn 2.84 Bn
10 Iac 3.16 Bn 2.06 Bn 289.86 Mn 133.03 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 151.47 Mn
Mar 31, 2026 151.47 Mn
Dec 31, 2025 368.37 Mn
Dec 31, 2025 368.37 Mn
Sep 30, 2025 128.71 Mn
Sep 30, 2025 128.71 Mn
Jun 30, 2025 45.90 Mn
Jun 30, 2025 45.90 Mn
Mar 31, 2025 37.09 Mn
Mar 31, 2025 37.09 Mn
Dec 31, 2024 258.83 Mn
Dec 31, 2024 258.83 Mn
Sep 30, 2024 74.51 Mn
Sep 30, 2024 74.51 Mn
Jun 30, 2024 29.50 Mn
Jun 30, 2024 29.50 Mn
Mar 31, 2024 27.62 Mn
Mar 31, 2024 27.62 Mn
Dec 31, 2023 148.08 Mn
Dec 31, 2023 148.08 Mn
Sep 30, 2023 26.40 Mn
Sep 30, 2023 26.40 Mn
Jun 30, 2023 59.23 Mn
Jun 30, 2023 59.23 Mn
Mar 31, 2023 26.86 Mn
Mar 31, 2023 26.86 Mn