Reddit, Inc. (RDDT) Operating Margin (2023 - 2026)

Reddit has disclosed Operating Margin across 4 years of filings, most recently posting 27.57% for Q1 2026.

• In Q1 2026, Operating Margin rose 2658.0% year-over-year to 27.57%; the TTM figure through Mar 2026 stood at 25.11% (up 2286.0% YoY), while the FY2025 annual figure was 20.07%, up 6318.0% from the prior year.
• Operating Margin retreated to 27.57% in Q1 2026, from 31.95% in the prior quarter.
• Over the last five years, Operating Margin for RDDT reached as high as 31.95% in Q4 2025 and fell as low as 242.53% in Q1 2024.
• The 4-year median for Operating Margin is 1.21% (2023), against an average of 17.06%.
• Annual changes were most pronounced in 2024 — Operating Margin sank 19941 bps — and 2025, when it soared 24352 bps.
• A 4-year view of Operating Margin shows it stood at 1.21% in 2023, then surged by 924 bps to 12.36% in 2024, then soared by 158 bps to 31.95% in 2025, then decreased by 14 bps to 27.57% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 27.57%, 31.95%, and 23.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.