Reddit (RDDT) Gross Margin (2023 - 2026)

Reddit (RDDT) has reported Gross Margin for 4 consecutive years, with 91.27% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 45.0% year-over-year to 91.27% in Q2 2026; TTM through Jun 2026 was 91.44%, a 40.0% increase from a year earlier, with the FY2025 full-year figure at 91.18%, up 69.0% from the prior year.
• Gross Margin was 91.27% for Q2 2026 at Reddit, roughly flat from 91.52% in the prior quarter.
• Over five years, Gross Margin peaked at 92.55% in Q4 2024 and troughed at 83.59% in Q1 2023.
• A 4-year average of 89.38% and a median of 90.3% in 2025 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin soared 526 bps in 2024 and slumped 65 bps in 2025, its largest moves.
• Over 4 years, Gross Margin stood at 88.42% in 2023, then grew by 5 bps to 92.55% in 2024, then declined by 1 bps to 91.91% in 2025, then declined by 1 bps to 91.27% in 2026.
• The last three Gross Margin figures came in at 91.27% (Q2 2026), 91.52% (Q1 2026), and 91.91% (Q4 2025), per Business Quant data.