Reddit (RDDT) FCF Margin (2023 - 2026)

Reddit (RDDT) reported FCF Margin of 46.9% for Q1 2026, up 1464.0% year-over-year from 3.0% in Q1 2025, and up 29.09% quarter-over-quarter from 36.33% in Q4 2025.

Reddit (RDDT) FCF Margin (2023 - 2026) Analysis & Trends

Reddit (RDDT) has 4 years of FCF Margin data on file, last reported at 46.9% in Q1 2026.

  • FCF Margin for Q1 2026 came in at 46.9%, up 1464.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.12% (up 1351.0% YoY), and the FY2025 annual result was 31.06%, up 1446.0% from the prior year.
  • FCF Margin improved to 46.9% in Q1 2026 per RDDT's latest filing, from 36.33% in the prior quarter.
  • Over five years, FCF Margin peaked at 46.9% in Q1 2026 and troughed at 29.99% in Q2 2023.
  • A 4-year average of 14.58% and a median of 20.17% in 2024 frame the typical range for FCF Margin.
  • On a YoY basis, FCF Margin climbed as much as 3965 bps in 2024 and fell as far as 975 bps in 2024.
  • A 4-year view of FCF Margin shows it stood at 8.82% in 2023, then soared by 336 bps to 20.84% in 2024, then surged by 74 bps to 36.33% in 2025, then advanced by 29 bps to 46.9% in 2026.
  • Business Quant data shows RDDT's FCF Margin at 46.9% in Q1 2026, 36.33% in Q4 2025, and 31.3% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 1,185.69%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 9.21%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 28.74%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 18.55%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 46.90%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 30.94%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 0.06%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 20.14%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn 18.71%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 23.45%

Historic Data

Download Data
DateValue
Mar 31, 2026 46.90%
Dec 31, 2025 36.33%
Sep 30, 2025 31.30%
Jun 30, 2025 22.18%
Mar 31, 2025 32.27%
Dec 31, 2024 20.84%
Sep 30, 2024 20.17%
Jun 30, 2024 9.67%
Mar 31, 2024 12.02%
Dec 31, 2023 -8.82%
Sep 30, 2023 -5.61%
Jun 30, 2023 -29.99%
Mar 31, 2023 2.27%