Reddit (RDDT) Operating Leases (2023 - 2026)
Reddit (RDDT) reported Operating Leases of $14.1 million for Q1 2026, down 30.02% year-over-year from $20.2 million in Q1 2025, and down 12.8% quarter-over-quarter from $16.2 million in Q4 2025.
Reddit (RDDT) Operating Leases (2023 - 2026) Analysis & Trends
Reddit (RDDT) has 4 years of Operating Leases data on file, last reported at $14.1 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $14.1 million, down 30.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.1 million (down 30.02% YoY), and the FY2025 annual result was $16.2 million, down 21.27% from the prior year.
- Operating Leases retreated to $14.1 million in Q1 2026 per RDDT's latest filing, from $16.2 million in the prior quarter.
- Over five years, Operating Leases peaked at $22.8 million in Q2 2024 and troughed at $14.1 million in Q1 2026.
- A 4-year average of $19.5 million and a median of $20.4 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2025 and 2026: Operating Leases declined 3.17% in 2025, then plunged 30.02% in 2026.
- A 4-year view of Operating Leases shows it stood at $22.0 million in 2023, then slipped by 6.69% to $20.6 million in 2024, then fell by 21.27% to $16.2 million in 2025, then retreated by 12.8% to $14.1 million in 2026.
- Business Quant data shows RDDT's Operating Leases at $14.1 million in Q1 2026, $16.2 million in Q4 2025, and $18.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 1,942,920.03 Bn | 1,942,920.03 Bn | 295.20 Mn |
| 2 | Alphabet | 4,333.14 Bn | 4,117.52 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,436.75 Bn | 1,355.57 Bn | 46.09 Bn |
| 4 | Spotify Technology | 115.76 Bn | 105.52 Bn | 1.75 Bn |
| 5 | 31.07 Bn | 28.30 Bn | 511.94 Mn | |
| 6 | 12.92 Bn | 11.62 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.73 Bn | 10.63 Bn | 255.62 Bn |
| 8 | Snap | 8.83 Bn | 6.00 Bn | 1.29 Bn |
| 9 | Match | 8.15 Bn | 7.13 Bn | 653.28 Mn |
| 10 | Zillow | 7.57 Bn | 6.79 Bn | 519.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |