Reddit (RDDT) Operating Expenses (2023 - 2026)

Reddit has disclosed Operating Expenses across 4 years of filings, most recently posting $480.5 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 23.69% year-over-year to $480.5 million; the TTM figure through Mar 2026 stood at $1.9 billion (up 30.74% YoY), while the FY2025 annual figure was $1.8 billion, down 5.39% from the prior year.
• Operating Expenses fell to $480.5 million in Q1 2026, from $493.8 million in the prior quarter.
• Over the last five years, Operating Expenses for RDDT reached as high as $832.2 million in Q1 2024 and fell as low as $227.1 million in Q3 2023.
• The 4-year median for Operating Expenses is $374.8 million (2024), against an average of $388.2 million.
• Annual changes were most pronounced in 2024 — Operating Expenses surged 255.13% — and 2025, when it slumped 53.32%.
• A 4-year view of Operating Expenses shows it stood at $246.7 million in 2023, then jumped by 51.92% to $374.8 million in 2024, then surged by 31.73% to $493.8 million in 2025, then decreased by 2.69% to $480.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $480.5 million, $493.8 million, and $446.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.