Reddit (RDDT) FCF Margin (2023 - 2026)
Reddit (RDDT) posted quarterly FCF Margin of 32.39% for Q2 2026, up 1021.0% year-over-year from 2.89% in Q2 2025, and down 30.93% on a QoQ basis from 46.9% in Q1 2026.
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Reddit (RDDT) FCF Margin (2023 - 2026) Analysis & Trends
Reddit has reported FCF Margin for 4 years, with the latest figure at 32.39% in Q2 2026.
- FCF Margin for Q2 2026 came in at 32.39%, up 1021.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 36.66% (up 1287.0% YoY), and the FY2025 annual result was 31.06%, up 1446.0% from the prior year.
- FCF Margin retreated to 32.39% in Q2 2026, from 46.9% 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 15.85% and a median of 20.51% in 2024 frame the typical range for FCF Margin.
- The largest YoY upside for FCF Margin was 3965 bps in 2024 against a maximum downside of 975 bps in 2024.
- A 4-year view of FCF Margin shows it stood at 8.82% in 2023, then jumped by 336 bps to 20.84% in 2024, then soared by 74 bps to 36.33% in 2025, then fell by 11 bps to 32.39% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 32.39% in Q2 2026, 46.9% in Q1 2026, and 36.33% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 2.87% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 17.50% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 1,357.29% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 32.39% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | - |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 22.88% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 41.32% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 7.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.39% |
| 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% |