What is Reddit's capex?

Reddit (RDDT) reported capex of $1.09M in Q1 2026.

How has Reddit's capex changed year-over-year?

Reddit's capex increased by 11.3% year-over-year, from $979K to $1.09M.

What is the long-term trend for Reddit's capex?

Over 3 years (2022 to 2025), Reddit's capex has grown at a 2.5% compound annual growth rate (CAGR), from $6.23M to $6.71M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Reddit RDDT CapEx

CapEx at other companies

Meta Platforms, Inc.META

$19B+46.8%

Pinterest, Inc.PINS

$16.34M+124%

SnapSNAP

$40.77M+9.6%

Omnicom GroupOMC

$61.2M+107%

BuzzFeed, Inc.BZFD

$244K-37.1%

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$663.4M+69.1%

Gross profit$607.1M+70.9%

Operating income$182.9M+4,586%

Net income$204.0M+680%

EPS (diluted)$1.01+677%

Balance sheet

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Cash & equivalents$1.4B+116%

Total debt$21.3M-19.8%

Total equity$3.2B+43.4%

Total assets$3.5B+43.0%

Cash flow

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Operating cash flow$312.3M+145%

Free cash flow$311.2M+146%

Valuation

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Market cap$33.42B+41.1%

Enterprise value$32.06B+39.7%

P/E47.2×—

P/S13.5×-0.7×

Profitability

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Gross margin91.4%+0.6pp

Operating margin25.1%+23.8pp

Net margin28.6%—

FCF margin35.1%+13.5pp

Returns & leverage

See full

Return on equity26.2%—

Debt / equity0×0.0×

Current ratio12.7×+0.3×

Where this comes from

Reported directly by Reddit in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Reddit’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Reddit's capex?: Reddit (RDDT) reported capex of $1.09M in Q1 2026.
How has Reddit's capex changed year-over-year?: Reddit's capex increased by 11.3% year-over-year, from $979K to $1.09M.
What is the long-term trend for Reddit's capex?: Over 3 years (2022 to 2025), Reddit's capex has grown at a 2.5% compound annual growth rate (CAGR), from $6.23M to $6.71M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.