Reddit, Inc. (RDDT) Gross Margin (2023 - 2026)

Reddit has disclosed Gross Margin across 4 years of filings, most recently posting 77.17% for Q1 2026.

• In Q1 2026, Gross Margin fell 1338.0% year-over-year to 77.17%; the TTM figure through Mar 2026 stood at 71.93% (down 49.0% YoY), while the FY2025 annual figure was 77.12%, up 409.0% from the prior year.
• Gross Margin advanced to 77.17% in Q1 2026, from 49.23% in the prior quarter.
• Over the last five years, Gross Margin for RDDT reached as high as 90.81% in Q2 2025 and fell as low as 39.48% in Q4 2024.
• The 4-year median for Gross Margin is 78.61% (2024), against an average of 73.94%.
• Annual changes were most pronounced in 2024 — Gross Margin jumped 2187 bps — and 2026, when it plunged 1338 bps.
• A 4-year view of Gross Margin shows it stood at 40.71% in 2023, then retreated by 3 bps to 39.48% in 2024, then grew by 25 bps to 49.23% in 2025, then jumped by 57 bps to 77.17% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 77.17%, 49.23%, and 78.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.