Tax

Income Tax

Reddit Income Tax increased by 183.7% to $1.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 201.5%, from -$1.72M to $1.75M. Over 2 years (FY 2022 to FY 2024), Income Tax shows a downward trend with a 22.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.

Detailed definition

The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...

Peer comparison

Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.

Metric ID: income_tax_expense

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$155.50K$155.50K$155.50K$155.50K$988.00K$1.43M$445.00K$942.00K$365.00K-$216.00K-$31.00K-$1.05M-$1.72M-$439.00K-$2.09M$1.75M
QoQ Change+0.0%+0.0%+0.0%+535.4%+44.3%-68.8%+111.7%-61.3%-159.2%+85.6%<-999%-64.1%+74.5%-375.2%+183.7%
YoY Change+535.4%+817.0%+186.2%+505.8%-63.1%-115.1%-107.0%-211.4%-571.5%-103.2%<-999%+201.5%
Range-$2.09M$1.75M
CAGR+90.6%
Avg YoY Growth-462.9%
Median YoY Growth-83.1%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q1 '26
Reportable Segment-$1.72M-$439.00K-$2.09M$1.75M
Total-$1.72M-$439.00K-$2.09M$1.75M

Frequently Asked Questions

What is Reddit's income tax?
Reddit (RDDT) reported income tax of $1.75M in Q1 2026.
How has Reddit's income tax changed year-over-year?
Reddit's income tax increased by 201.5% year-over-year, from -$1.72M to $1.75M.
What is the long-term trend for Reddit's income tax?
Over 2 years (2022 to 2024), Reddit's income tax has grown at a 22.3% compound annual growth rate (CAGR), from $622.00K to -$931.00K.
What does income tax mean?
The amount of money a company sets aside to pay its corporate income taxes.