Growth Metrics

Reddit (RDDT) Operating Expenses (2023 - 2025)

Reddit (RDDT) has disclosed Operating Expenses for 3 consecutive years, with $493.8 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 31.73% to $493.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.8 billion, a 5.39% decrease, with the full-year FY2025 number at $1.8 billion, down 5.39% from a year prior.
  • Operating Expenses was $493.8 million for Q4 2025 at Reddit, up from $446.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $832.2 million in Q1 2024 to a low of $227.1 million in Q3 2023.
  • A 3-year average of $380.5 million and a median of $358.2 million in 2024 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 255.13% in 2024, then plummeted 53.32% in 2025.
  • Reddit's Operating Expenses stood at $246.7 million in 2023, then surged by 51.92% to $374.8 million in 2024, then soared by 31.73% to $493.8 million in 2025.
  • Per Business Quant, the three most recent readings for RDDT's Operating Expenses are $493.8 million (Q4 2025), $446.4 million (Q3 2025), and $431.9 million (Q2 2025).