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 | 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 | 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| Date | Value |
|---|---|
| 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 |