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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alphabet 4,239.00 Bn 3,809.96 Bn 73.85 Bn -4.89%
2 Meta Platforms 1,535.20 Bn 1,444.94 Bn 49.47 Bn 2.87%
3 Taboola.com 1,139.07 Bn 1,138.93 Bn 139.48 Mn -
4 Baidu 289.02 Bn 284.53 Bn 1.88 Mn 26.66%
5 Spotify Technology 102.92 Bn 92.68 Bn 1.75 Bn 18.55%
6 Joyy 77.84 Bn 76.96 Bn 205.64 Mn -
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 54.09%
8 Nebius 49.06 Bn 39.43 Bn 295.20 Mn 1,185.69%
9 Reddit 30.48 Bn 27.70 Bn 734.60 Mn 32.39%
10 Tencent Music Entertainment 27.04 Bn 24.34 Bn 514.00 Mn -

Historic Data

Download Data
DateValue
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%