Reddit RDDT
NYSE RDDT
$150.84 -2.00 (-1.31%)
At close: Sep 18, 2026 · 4:00 PM EDT

Reddit (RDDT) Operating Expenses (2023 - 2026)

Reddit's (RDDT) quarterly Operating Expenses came in at $573.2 million in Q2 2026, up 32.71% year-over-year from $431.9 million in Q2 2025, and up 19.29% quarter-over-quarter from $480.5 million in Q1 2026.

Analysis

Reddit (RDDT) Operating Expenses (2023 - 2026) Analysis & Trends

Reddit (RDDT) has reported Operating Expenses for 4 consecutive years, with $573.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 32.71% year-over-year to $573.2 million in Q2 2026; TTM through Jun 2026 was $2.0 billion, a 29.75% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, down 5.39% from the prior year.
  • Operating Expenses was $573.2 million for Q2 2026 at Reddit, up from $480.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $832.2 million in Q1 2024 and troughed at $227.1 million in Q3 2023.
  • A 4-year average of $401.4 million and a median of $381.6 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 255.13% in 2024 and sank 53.32% in 2025, its largest moves.
  • Over 4 years, Operating Expenses stood at $246.7 million in 2023, then soared by 51.92% to $374.8 million in 2024, then jumped by 31.73% to $493.8 million in 2025, then rose by 16.08% to $573.2 million in 2026.
  • The last three Operating Expenses figures came in at $573.2 million (Q2 2026), $480.5 million (Q1 2026), and $493.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Meta Platforms 1,696.33 Bn 1,606.07 Bn 49.47 Bn 42.03 Bn
2 Reddit 29.01 Bn 26.23 Bn 734.60 Mn 573.19 Mn
3 Bilibili 12.48 Bn 10.34 Bn 433.97 Mn -379.21 Mn
4 Pinterest 10.51 Bn 9.24 Bn 922.30 Mn 1.23 Bn
5 Match 9.93 Bn 9.35 Bn 648.84 Mn 607.66 Mn
6 Snap 9.56 Bn 6.90 Bn 931.11 Mn 1.77 Bn
7 Rum 5.38 Bn 5.26 Bn - 111.15 Mn
8 Sound 4.72 Bn 4.61 Bn - -
9 Joyy 4.14 Bn 3.82 Bn 201.60 Mn -188.24 Mn
10 Grindr 2.68 Bn 2.67 Bn 103.57 Mn 105.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 573.19 Mn
Mar 31, 2026 480.50 Mn
Dec 31, 2025 493.78 Mn
Sep 30, 2025 446.37 Mn
Jun 30, 2025 431.92 Mn
Mar 31, 2025 388.46 Mn
Dec 31, 2024 374.84 Mn
Sep 30, 2024 341.50 Mn
Jun 30, 2024 312.22 Mn
Mar 31, 2024 832.22 Mn
Dec 31, 2023 246.74 Mn
Sep 30, 2023 227.09 Mn
Jun 30, 2023 236.02 Mn
Mar 31, 2023 234.34 Mn