Cost of Revenue

Total Cost of Revenue

Reddit Total Cost of Revenue decreased by 4.2% to $56.27M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 51.7%, from $37.09M to $56.27M. Over 3 years (FY 2022 to FY 2025), Total Cost of Revenue shows an upward trend with a 22.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$26.20M$26.20M$26.20M$26.20M$26.86M$28.84M$26.40M$28.92M$27.62M$29.50M$34.63M$31.85M$37.09M$45.90M$52.51M$58.72M$56.27M
QoQ Change+0.0%+0.0%+0.0%+2.5%+7.3%-8.5%+9.6%-4.5%+6.8%+17.4%-8.1%+16.5%+23.8%+14.4%+11.8%-4.2%
YoY Change+2.5%+10.1%+0.7%+10.4%+2.8%+2.3%+31.2%+10.1%+34.3%+55.6%+51.6%+84.4%+51.7%
Range$26.20M$58.72M
CAGR+21.1%
Avg YoY Growth+26.8%
Median YoY Growth+10.4%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reportable Segment$37.09M$45.90M$52.51M$58.72M$56.27M
Total$37.09M$45.90M$52.51M$58.72M$56.27M

Frequently Asked Questions

What is Reddit's total cost of revenue?
Reddit (RDDT) reported total cost of revenue of $56.27M in Q1 2026.
How has Reddit's total cost of revenue changed year-over-year?
Reddit's total cost of revenue increased by 51.7% year-over-year, from $37.09M to $56.27M.
What is the long-term trend for Reddit's total cost of revenue?
Over 3 years (2022 to 2025), Reddit's total cost of revenue has grown at a 22.8% compound annual growth rate (CAGR), from $104.80M to $194.22M.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.