Reddit (RDDT) Net Margin (2023 - 2026)

Reddit (RDDT) reported Net Margin of 30.75% for Q1 2026, up 2408.0% year-over-year from 1.23% in Q1 2025, and down 11.33% quarter-over-quarter from 34.67% in Q4 2025.

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

Reddit (RDDT) has 4 years of Net Margin data on file, last reported at 30.75% in Q1 2026.

  • Net Margin for Q1 2026 came in at 30.75%, up 2408.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.6% (up 2054.0% YoY), and the FY2025 annual result was 24.05%, up 6130.0% from the prior year.
  • Net Margin slipped to 30.75% in Q1 2026 per RDDT's latest filing, from 34.67% in the prior quarter.
  • Over five years, Net Margin peaked at 34.67% in Q4 2025 and troughed at 236.69% in Q1 2024.
  • A 4-year average of 11.78% and a median of 7.42% in 2023 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2024 and 2025: Net Margin plunged 19952 bps in 2024, then jumped 24336 bps in 2025.
  • A 4-year view of Net Margin shows it stood at 7.42% in 2023, then soared by 124 bps to 16.61% in 2024, then soared by 109 bps to 34.67% in 2025, then slipped by 11 bps to 30.75% in 2026.
  • Business Quant data shows RDDT's Net Margin at 30.75% in Q1 2026, 34.67% in Q4 2025, and 27.81% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn 155.44%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 56.94%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 47.54%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn 15.91%
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 30.75%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -7.30%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 55.91%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 19.31%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -5.82%
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn 6.50%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.75%
Dec 31, 2025 34.67%
Sep 30, 2025 27.81%
Jun 30, 2025 17.87%
Mar 31, 2025 6.67%
Dec 31, 2024 16.61%
Sep 30, 2024 8.57%
Jun 30, 2024 -3.59%
Mar 31, 2024 -236.69%
Dec 31, 2023 7.42%
Sep 30, 2023 -3.56%
Jun 30, 2023 -22.46%
Mar 31, 2023 -37.17%