Reddit (RDDT) Cost of Revenue (2023 - 2026)
Reddit (RDDT) posted quarterly Cost of Revenue of $70.3 million for Q2 2026, up 53.18% year-over-year from $45.9 million in Q2 2025, and up 24.95% on a QoQ basis from $56.3 million in Q1 2026.
Reddit (RDDT) Cost of Revenue (2023 - 2026) Analysis & Trends
Reddit has reported Cost of Revenue for 4 years, with the latest figure at $70.3 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $70.3 million, up 53.18% year-over-year; the trailing twelve-month figure through Jun 2026 was $237.8 million (up 59.1% YoY), and the FY2025 annual result was $194.2 million, up 57.14% from the prior year.
- Cost of Revenue improved to $70.3 million in Q2 2026, 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.
- The widest annual swing landed in 2024, when Cost of Revenue rose 2.31%; it then surged 84.39% in 2025.
- A 4-year view of Cost of Revenue shows it stood at $28.9 million in 2023, then gained by 10.13% to $31.8 million in 2024, then soared by 84.39% to $58.7 million in 2025, then climbed by 19.74% to $70.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $70.3 million in Q2 2026, $56.3 million in Q1 2026, and $58.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,258.20 Bn | 3,829.16 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,548.74 Bn | 1,458.48 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Taboola.com | 1,143.24 Bn | 1,143.10 Bn | 139.48 Mn | 337.35 Mn |
| 4 | Baidu | 288.32 Bn | 283.82 Bn | 1.88 Mn | 2.84 Bn |
| 5 | Spotify Technology | 105.26 Bn | 95.02 Bn | 1.75 Bn | 3.56 Bn |
| 6 | Joyy | 78.34 Bn | 77.45 Bn | 205.64 Mn | 376.28 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 131,586.00 |
| 8 | Nebius | 49.85 Bn | 40.22 Bn | 295.20 Mn | 103.80 Mn |
| 9 | 30.93 Bn | 28.14 Bn | 734.60 Mn | 70.31 Mn | |
| 10 | Tencent Music Entertainment | 27.51 Bn | 24.81 Bn | 514.00 Mn | 630.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.31 Mn |
| Jun 30, 2026 | 70.31 Mn |
| Mar 31, 2026 | 56.27 Mn |
| Mar 31, 2026 | 56.27 Mn |
| Dec 31, 2025 | 58.72 Mn |
| Dec 31, 2025 | 58.72 Mn |
| Sep 30, 2025 | 52.51 Mn |
| Sep 30, 2025 | 52.51 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 | 31.85 Mn |
| Dec 31, 2024 | 31.85 Mn |
| Sep 30, 2024 | 34.63 Mn |
| Sep 30, 2024 | 34.63 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 |