Non-Current Liabilities

Operating Lease Liabilities

Reddit Operating Lease Liabilities decreased by 12.8% to $14.12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.0%, from $20.17M to $14.12M. Over 2 years (FY 2023 to FY 2025), Operating Lease Liabilities shows a downward trend with a -14.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$22.04M$20.84M$22.76M$21.57M$20.57M$20.17M$18.61M$18.16M$16.19M$14.12M
QoQ Change-5.5%+9.2%-5.2%-4.6%-1.9%-7.7%-2.4%-10.9%-12.8%
YoY Change-6.7%-3.2%-18.2%-15.8%-21.3%-30.0%
Range$14.12M$22.76M
CAGR-18.0%
Avg YoY Growth-15.9%
Median YoY Growth-17.0%
Current Streak7 quarters decline

Frequently Asked Questions

What is Reddit's operating lease liabilities?
Reddit (RDDT) reported operating lease liabilities of $14.12M in Q1 2026.
How has Reddit's operating lease liabilities changed year-over-year?
Reddit's operating lease liabilities decreased by 30.0% year-over-year, from $20.17M to $14.12M.
What is the long-term trend for Reddit's operating lease liabilities?
Over 2 years (2023 to 2025), Reddit's operating lease liabilities has grown at a -14.3% compound annual growth rate (CAGR), from $22.04M to $16.19M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.