Reddit (RDDT) Operating Leases (2023 - 2026)
Reddit (RDDT) posted quarterly Operating Leases of $13.1 million for Q2 2026, down 29.7% year-over-year from $18.6 million in Q2 2025, and down 7.32% on a QoQ basis from $14.1 million in Q1 2026.
Analysis
Reddit (RDDT) Operating Leases (2023 - 2026) Analysis & Trends
Reddit has reported Operating Leases for 4 years, with the latest figure at $13.1 million in Q2 2026.
- Operating Leases for Q2 2026 came in at $13.1 million, down 29.7% year-over-year; the trailing twelve-month figure through Jun 2026 was $13.1 million (down 29.7% YoY), and the FY2025 annual result was $16.2 million, down 21.27% from the prior year.
- Operating Leases slipped to $13.1 million in Q2 2026, from $14.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $22.8 million in Q2 2024 and troughed at $13.1 million in Q2 2026.
- A 4-year average of $18.9 million and a median of $20.2 million in 2025 frame the typical range for Operating Leases.
- The widest annual swing landed in 2025, when Operating Leases slipped 3.17%; it then plunged 30.02% in 2026.
- A 4-year view of Operating Leases shows it stood at $22.0 million in 2023, then dropped by 6.69% to $20.6 million in 2024, then retreated by 21.27% to $16.2 million in 2025, then declined by 19.19% to $13.1 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $13.1 million in Q2 2026, $14.1 million in Q1 2026, and $16.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.08 Mn |
| Mar 31, 2026 | 14.12 Mn |
| Dec 31, 2025 | 16.19 Mn |
| Sep 30, 2025 | 18.16 Mn |
| Jun 30, 2025 | 18.61 Mn |
| Mar 31, 2025 | 20.17 Mn |
| Dec 31, 2024 | 20.57 Mn |
| Sep 30, 2024 | 21.57 Mn |
| Jun 30, 2024 | 22.76 Mn |
| Mar 31, 2024 | 20.84 Mn |
| Dec 31, 2023 | 22.04 Mn |