Reddit (RDDT) Cost of Revenue (2023 - 2026)
Reddit's (RDDT) quarterly Cost of Revenue came in at $70.3 million in Q2 2026, up 53.18% year-over-year from $45.9 million in Q2 2025, and up 24.95% quarter-over-quarter from $56.3 million in Q1 2026.
Analysis
Reddit (RDDT) Cost of Revenue (2023 - 2026) Analysis & Trends
Reddit (RDDT) has reported Cost of Revenue for 4 consecutive years, with $70.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 53.18% year-over-year to $70.3 million in Q2 2026; TTM through Jun 2026 was $237.8 million, a 59.1% increase from a year earlier, with the FY2025 full-year figure at $194.2 million, up 57.14% from the prior year.
- Cost of Revenue was $70.3 million for Q2 2026 at Reddit, up from $56.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $70.3 million in Q2 2026 and troughed at $26.4 million in Q3 2023.
- A 4-year average of $39.7 million and a median of $33.2 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue gained 2.31% in 2024 and soared 84.39% in 2025, its largest moves.
- Over 4 years, Cost of Revenue stood at $28.9 million in 2023, then increased by 10.13% to $31.8 million in 2024, then jumped by 84.39% to $58.7 million in 2025, then gained by 19.74% to $70.3 million in 2026.
- The last three Cost of Revenue figures came in at $70.3 million (Q2 2026), $56.3 million (Q1 2026), and $58.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 11.33 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 70.31 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 732.09 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 257.35 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 204.26 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 667.89 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | - |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 389.16 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 34.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.31 Mn |
| Mar 31, 2026 | 56.27 Mn |
| Dec 31, 2025 | 58.72 Mn |
| Sep 30, 2025 | 52.51 Mn |
| Jun 30, 2025 | 45.90 Mn |
| Mar 31, 2025 | 37.09 Mn |
| Dec 31, 2024 | 31.85 Mn |
| Sep 30, 2024 | 34.63 Mn |
| Jun 30, 2024 | 29.50 Mn |
| Mar 31, 2024 | 27.62 Mn |
| Dec 31, 2023 | 28.92 Mn |
| Sep 30, 2023 | 26.40 Mn |
| Jun 30, 2023 | 28.84 Mn |
| Mar 31, 2023 | 26.86 Mn |