Reddit (RDDT) Research & Development (2023 - 2026)
Reddit's (RDDT) quarterly Research & Development came in at $231.3 million in Q2 2026, up 17.63% year-over-year from $196.6 million in Q2 2025, and up 11.59% quarter-over-quarter from $207.2 million in Q1 2026.
Analysis
Reddit (RDDT) Research & Development (2023 - 2026) Analysis & Trends
Reddit (RDDT) has reported Research & Development for 4 consecutive years, with $231.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 17.63% year-over-year to $231.3 million in Q2 2026; TTM through Jun 2026 was $833.8 million, a 12.18% increase from a year earlier, with the FY2025 full-year figure at $783.1 million, down 16.25% from the prior year.
- Research & Development was $231.3 million for Q2 2026 at Reddit, up from $207.2 million in the prior quarter.
- Over five years, Research & Development peaked at $437.0 million in Q1 2024 and troughed at $108.3 million in Q3 2023.
- A 4-year average of $185.4 million and a median of $190.0 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 301.8% in 2024 and tumbled 56.23% in 2025, its largest moves.
- Over 4 years, Research & Development stood at $111.6 million in 2023, then jumped by 69.08% to $188.6 million in 2024, then increased by 5.43% to $198.9 million in 2025, then increased by 16.29% to $231.3 million in 2026.
- The last three Research & Development figures came in at $231.3 million (Q2 2026), $207.2 million (Q1 2026), and $198.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 21.66 Bn |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | 231.28 Mn | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | -148.13 Mn |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | 451.01 Mn | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 158.25 Mn |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 542.09 Mn |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 10.38 Mn |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | -53.02 Mn |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 20.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 231.28 Mn |
| Mar 31, 2026 | 207.25 Mn |
| Dec 31, 2025 | 198.89 Mn |
| Sep 30, 2025 | 196.38 Mn |
| Jun 30, 2025 | 196.61 Mn |
| Mar 31, 2025 | 191.27 Mn |
| Dec 31, 2024 | 188.64 Mn |
| Sep 30, 2024 | 166.70 Mn |
| Jun 30, 2024 | 142.78 Mn |
| Mar 31, 2024 | 437.03 Mn |
| Dec 31, 2023 | 111.57 Mn |
| Sep 30, 2023 | 108.29 Mn |
| Jun 30, 2023 | 109.73 Mn |
| Mar 31, 2023 | 108.77 Mn |