What is Reddit's gross profit?

Reddit (RDDT) reported gross profit of $607.14M in Q1 2026.

How has Reddit's gross profit changed year-over-year?

Reddit's gross profit increased by 70.9% year-over-year, from $355.27M to $607.14M.

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

Over 3 years (2022 to 2025), Reddit's gross profit has grown at a 52.9% compound annual growth rate (CAGR), from $561.9M to $2.01B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Reddit RDDT Gross Profit

Gross Profit at other companies

Meta Platforms, Inc.META

$46.09B+32.7%

BuzzFeed, Inc.BZFD

$9.21M-26.5%

Pinterest, Inc.PINS

——

SnapSNAP

——

Alphabet Inc.GOOGL

——

Omnicom GroupOMC

——

Other financials

Income statement

See full

Revenue$663.4M+69.1%

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

See full

Operating cash flow$312.3M+145%

CapEx$1.1M+11.3%

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

Calculated from Reddit’s reported figures.

$663.4Mtotal revenue−$56.3Mtotal cost of revenue=$607.14M

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 gross profit?: Reddit (RDDT) reported gross profit of $607.14M in Q1 2026.
How has Reddit's gross profit changed year-over-year?: Reddit's gross profit increased by 70.9% year-over-year, from $355.27M to $607.14M.
What is the long-term trend for Reddit's gross profit?: Over 3 years (2022 to 2025), Reddit's gross profit has grown at a 52.9% compound annual growth rate (CAGR), from $561.9M to $2.01B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.