What are Reddit's profit margins?

Reddit (RDDT) runs a 91.4% gross margin and a 25.1% operating margin, with a 28.6% net margin.

Where do Reddit's ratios come from?

Every ratio is computed from Reddit's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Reddit RDDT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	91.4%+0.2pp	91.2%0.0pp	91.2%+0.2pp	91%+0.2pp	90.8%+0.3pp
Operating margin	25.1%+5.0pp	20.1%+9.0pp	11%+6.3pp	4.7%+6.1pp	-1.4%+45.8pp
Net margin	28.6%+4.6pp	24.1%—	——	——	——
Returns
Return on equity	26.2%+5.3pp	20.9%—	——	——	——
Return on invested capital	36.2%+11.6pp	24.6%+11.5pp	13.1%+8.1pp	5%+6.6pp	-1.6%—
Efficiency
Asset turnover	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.7×+0.1×	0.7×0.0×
Liquidity
Current ratio	12.7×+1.2×	11.6×-0.6×	12.1×+0.1×	12×-0.5×	12.5×-0.2×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-2.1×-0.1×	-2×+1.9×	-3.9×+3.6×	-7.5×—	——
Per Share
Book value per share	$15.70+8.3%	$14.49+12.5%	$12.88+7.6%	$11.96+8.6%	$11.02-24.8%
Valuation
Market capitalization	$25.72B-40.9%	$43.56B+1.2%	$43.04B+65.7%	$25.98B+36.9%	$18.98B-33.9%
Price / earnings	36.4×-45.9×	82.2×—	——	——	——
Price / sales	10.4×-9.4×	19.8×-2.8×	22.6×+7.0×	15.6×+2.5×	13.1×-9.0×
Price / book	8.1×-6.8×	14.9×-1.6×	16.5×+5.6×	10.9×+2.3×	8.6×-4.9×
EV / EBITDA	38.2×-54.8×	93.1×-93.4×	186.4×-81.0×	267.4×—	——

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Questions, answered.

What are Reddit's profit margins?: Reddit (RDDT) runs a 91.4% gross margin and a 25.1% operating margin, with a 28.6% net margin.
Where do Reddit's ratios come from?: Every ratio is computed from Reddit's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.