Tax
Income Tax
Reddit Income Tax increased by 183.7% to $1.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 201.5%, from -$1.72M to $1.75M. Over 2 years (FY 2022 to FY 2024), Income Tax shows a downward trend with a 22.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
Metric ID:
income_tax_expenseHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $155.50K | $155.50K | $155.50K | $155.50K | $988.00K | $1.43M | $445.00K | $942.00K | $365.00K | -$216.00K | -$31.00K | -$1.05M | -$1.72M | -$439.00K | -$2.09M | $1.75M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +535.4% | +44.3% | -68.8% | +111.7% | -61.3% | -159.2% | +85.6% | <-999% | -64.1% | +74.5% | -375.2% | +183.7% |
| YoY Change | — | — | — | — | +535.4% | +817.0% | +186.2% | +505.8% | -63.1% | -115.1% | -107.0% | -211.4% | -571.5% | -103.2% | <-999% | +201.5% |
Range-$2.09M – $1.75M
CAGR+90.6%
Avg YoY Growth-462.9%
Median YoY Growth-83.1%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|
| Reportable Segment | -$1.72M | -$439.00K | -$2.09M | $1.75M |
| Total | -$1.72M | -$439.00K | -$2.09M | $1.75M |
Income Tax at Other Companies
Frequently Asked Questions
- What is Reddit's income tax?
- Reddit (RDDT) reported income tax of $1.75M in Q1 2026.
- How has Reddit's income tax changed year-over-year?
- Reddit's income tax increased by 201.5% year-over-year, from -$1.72M to $1.75M.
- What is the long-term trend for Reddit's income tax?
- Over 2 years (2022 to 2024), Reddit's income tax has grown at a 22.3% compound annual growth rate (CAGR), from $622.00K to -$931.00K.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.