Reddit (RDDT) Research & Development (2023 - 2026)

Reddit (RDDT) reported Research & Development of $207.2 million for Q1 2026, up 8.35% year-over-year from $191.3 million in Q1 2025, and up 4.2% quarter-over-quarter from $198.9 million in Q4 2025.

Reddit (RDDT) Research & Development (2023 - 2026) Analysis & Trends

Reddit (RDDT) has 4 years of Research & Development data on file, last reported at $207.2 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $207.2 million, up 8.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $799.1 million (up 15.92% YoY), and the FY2025 annual result was $783.1 million, down 16.25% from the prior year.
  • Research & Development advanced to $207.2 million in Q1 2026 per RDDT's latest filing, from $198.9 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 $181.8 million and a median of $188.6 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development jumped 301.8% in 2024, then slumped 56.23% in 2025.
  • A 4-year view of Research & Development shows it stood at $111.6 million in 2023, then surged by 69.08% to $188.6 million in 2024, then rose by 5.43% to $198.9 million in 2025, then rose by 4.2% to $207.2 million in 2026.
  • Business Quant data shows RDDT's Research & Development at $207.2 million in Q1 2026, $198.9 million in Q4 2025, and $196.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nebius 1,942,920.03 Bn 1,942,920.03 Bn 295.20 Mn 67.40 Mn
2 Alphabet 4,333.14 Bn 4,117.52 Bn 102.29 Bn 17.03 Bn
3 Meta Platforms 1,436.75 Bn 1,355.57 Bn 46.09 Bn 17.70 Bn
4 Spotify Technology 115.76 Bn 105.52 Bn 1.75 Bn 387.52 Mn
5 Reddit 31.07 Bn 28.30 Bn 511.94 Mn 207.25 Mn
6 Pinterest 12.92 Bn 11.62 Bn 768.96 Mn 380.79 Mn
7 Kanzhun 12.73 Bn 10.63 Bn 255.62 Bn -61.44 Bn
8 Snap 8.83 Bn 6.00 Bn 1.29 Bn 478.30 Mn
9 Match 8.15 Bn 7.13 Bn 653.28 Mn 116.81 Mn
10 Zillow 7.57 Bn 6.79 Bn 519.00 Mn 150.00 Mn

Historic Data

Download Data
DateValue
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