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 Reddit 31.07 Bn 28.30 Bn 511.94 Mn
6 Pinterest 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
DateValue
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