Reddit (RDDT) Research & Development (2023 - 2026)
Reddit (RDDT) posted quarterly Research & Development of $231.3 million for Q2 2026, up 17.63% year-over-year from $196.6 million in Q2 2025, and up 11.59% on a QoQ basis from $207.2 million in Q1 2026.
Analysis
Reddit (RDDT) Research & Development (2023 - 2026) Analysis & Trends
Reddit has reported Research & Development for 4 years, with the latest figure at $231.3 million in Q2 2026.
- Research & Development for Q2 2026 came in at $231.3 million, up 17.63% year-over-year; the trailing twelve-month figure through Jun 2026 was $833.8 million (up 12.18% YoY), and the FY2025 annual result was $783.1 million, down 16.25% from the prior year.
- Research & Development grew to $231.3 million in Q2 2026, 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.
- The widest annual swing landed in 2024, when Research & Development surged 301.8%; it then slumped 56.23% in 2025.
- A 4-year view of Research & Development shows it stood at $111.6 million in 2023, then soared by 69.08% to $188.6 million in 2024, then gained by 5.43% to $198.9 million in 2025, then gained by 16.29% to $231.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $231.3 million in Q2 2026, $207.2 million in Q1 2026, and $198.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 468.43 Mn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 191.00 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 231.28 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | -148.13 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | -35.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 451.01 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 158.25 Mn |
| 10 | Snap | 9.26 Bn | 6.60 Bn | 931.11 Mn | 542.09 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 |