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

Reddit has disclosed Cost of Revenue across 4 years of filings, most recently posting $151.5 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 308.4% year-over-year to $151.5 million; the TTM figure through Mar 2026 stood at $694.4 million (up 73.64% YoY), while the FY2025 annual figure was $503.9 million, up 43.72% from the prior year.
• Cost of Revenue retreated to $151.5 million in Q1 2026, from $368.4 million in the prior quarter.
• Over the last five years, Cost of Revenue for RDDT reached as high as $368.4 million in Q4 2025 and fell as low as $26.4 million in Q3 2023.
• The 4-year median for Cost of Revenue is $59.2 million (2023), against an average of $106.4 million.
• Annual changes were most pronounced in 2024 — Cost of Revenue slumped 50.19% — and 2026, when it surged 308.4%.
• A 4-year view of Cost of Revenue shows it 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 plunged by 58.88% to $151.5 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $151.5 million, $368.4 million, and $128.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.