Reddit (RDDT) Net Margin (2023 - 2026)
Reddit (RDDT) posted quarterly Net Margin of 31.41% for Q2 2026, up 1354.0% year-over-year from 2.16% in Q2 2025, and up 2.17% on a QoQ basis from 30.75% in Q1 2026.
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Reddit (RDDT) Net Margin (2023 - 2026) Analysis & Trends
Reddit has reported Net Margin for 4 years, with the latest figure at 31.41% in Q2 2026.
- Net Margin for Q2 2026 came in at 31.41%, up 1354.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 31.35% (up 1838.0% YoY), and the FY2025 annual result was 24.05%, up 6130.0% from the prior year.
- Net Margin rose to 31.41% in Q2 2026, from 30.75% 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 8.69% and a median of 8.0% in 2023 frame the typical range for Net Margin.
- The widest annual swing landed in 2024, when Net Margin plunged 19952 bps; it then surged 24336 bps in 2025.
- A 4-year view of Net Margin shows it stood at 7.42% in 2023, then jumped by 124 bps to 16.61% in 2024, then jumped by 109 bps to 34.67% in 2025, then dropped by 9 bps to 31.41% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 31.41% in Q2 2026, 30.75% in Q1 2026, and 34.67% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 93.58% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 26.07% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 11.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -2.47% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 31.41% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 4.33% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | -3.96% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 19.99% |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | -10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.41% |
| 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% |