Operating Expenses

R&D

Reddit R&D increased by 4.2% to $207.25M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.4%, from $191.27M to $207.25M. Over 3 years (FY 2022 to FY 2025), R&D shows an upward trend with a 29.0% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$91.29M$91.29M$91.29M$91.29M$108.77M$109.73M$108.29M$111.57M$437.03M$142.78M$166.70M$188.64M$191.27M$196.61M$196.38M$198.89M$207.25M
QoQ Change+0.0%+0.0%+0.0%+19.1%+0.9%-1.3%+3.0%+291.7%-67.3%+16.8%+13.2%+1.4%+2.8%-0.1%+1.3%+4.2%
YoY Change+19.1%+20.2%+18.6%+22.2%+301.8%+30.1%+53.9%+69.1%-56.2%+37.7%+17.8%+5.4%+8.4%
Range$91.29M$437.03M
CAGR+22.7%
Avg YoY Growth+42.2%
Median YoY Growth+20.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Reddit's r&d?
Reddit (RDDT) reported r&d of $207.25M in Q1 2026.
How has Reddit's r&d changed year-over-year?
Reddit's r&d increased by 8.4% year-over-year, from $191.27M to $207.25M.
What is the long-term trend for Reddit's r&d?
Over 3 years (2022 to 2025), Reddit's r&d has grown at a 29.0% compound annual growth rate (CAGR), from $365.16M to $783.15M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.