Reddit (RDDT) EBITDA Margin (2023 - 2026)
Reddit (RDDT) posted EBITDA Margin of 29.32% for Q2 2026, up 14.98 percentage points from 14.34% a year earlier and up 1.11 percentage points from the prior quarter.
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Analysis
Reddit (RDDT) EBITDA Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Reddit was 28.84%, up 20.01 percentage points year-over-year; for FY2025, it came in at 20.79%, up 62.70 percentage points from FY2024.
- Annual EBITDA Margin shows a three-year change of +45.41 percentage points (FY2022 to FY2025).
- In prior years, Reddit's EBITDA Margin was -41.91% in FY2024 (-26.18 pp), -15.73% in FY2023 (+8.89 pp) and -24.62% in FY2022.
- Quarterly EBITDA Margin has run from a low of -240.99% in Q1 2024 to a high of 32.52% in Q4 2025 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last nine quarters, with an average year-over-year change of +46.28 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q1 2025, with a gain of 242.99 percentage points; the weakest was Q1 2024, with a drop of 199.91 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 28.21% (Q1 2026), 32.52% (Q4 2025) and 24.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,924.29 Bn | 3,681.81 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,641.81 Bn | 1,344.33 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 275.91 Bn | 237.21 Bn | 6.80 Bn | 68.36% |
| 4 | Alibaba Group Holding | 235.81 Bn | 49.59 Bn | 15.11 Bn | - |
| 5 | Shopify | 218.39 Bn | 195.58 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 140.20 Bn | 112.00 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 123.99 Bn | 57.04 Bn | - | 35.76% |
| 8 | Spotify Technology | 119.36 Bn | 76.86 Bn | 1.86 Bn | 14.32% |
| 9 | PDD Holdings | 110.55 Bn | -133.22 Bn | 9.45 Bn | - |
| 10 | 28.76 Bn | 18.50 Bn | 734.60 Mn | 29.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.32% |
| Mar 31, 2026 | 28.21% |
| Dec 31, 2025 | 32.52% |
| Sep 30, 2025 | 24.35% |
| Jun 30, 2025 | 14.34% |
| Mar 31, 2025 | 2.00% |
| Dec 31, 2024 | 13.33% |
| Sep 30, 2024 | 3.11% |
| Jun 30, 2024 | -9.70% |
| Mar 31, 2024 | -240.99% |
| Dec 31, 2023 | 2.71% |
| Sep 30, 2023 | -7.85% |
| Jun 30, 2023 | -27.14% |
| Mar 31, 2023 | -41.08% |
API Access
Reddit EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RDDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "RDDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RDDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();