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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	364.8%+0.6pp	364.3%+0.7pp	363.6%+2.0pp	361.6%+2.5pp	359.1%+3.5pp
Operating margin	60.9%+26.5pp	34.4%+67.2pp	-32.8%+65.7pp	-98.5%+69.9pp	-168.4%+73.5pp
EBITDA margin	64.1%+26.1pp	38%+66.8pp	-28.7%+65.2pp	-93.9%+69.4pp	-163.3%+73.0pp
Free cash flow margin	116.7%+13.5pp	103.2%+14.5pp	88.8%+17.4pp	71.3%+21.5pp	49.8%+28.3pp
Returns
Return on invested capital	78.8%+37.8pp	41.1%—	——	——	——
Efficiency
Asset turnover	3.1×+0.2×	2.9×+0.1×	2.8×—	——	——
Liquidity
Current ratio	48.4×+0.3×	48.2×-1.1×	49.2×+0.2×	49.1×-0.4×	49.5×+0.2×
Quick ratio	48.4×+0.3×	48.2×-1.1×	49.2×+0.2×	49.1×-0.4×	49.5×+0.2×
Cash ratio	16.2×+1.8×	14.4×+0.3×	14.1×+1.0×	13.1×+0.5×	12.5×-2.8×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0.1×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-15.6×—	——	——	——	——
Per Share
Book value per share	$55.03+9.3%	$50.35-0.3%	$50.50+5.4%	$47.91+0.9%	$47.47-24.2%
Valuation
Market capitalization	$138.31B+5.1%	$131.56B+12.7%	$116.7B+37.6%	$84.8B+22.3%	$69.33B+28.8%
Enterprise value	$134.43B+4.7%	$128.42B+12.7%	$113.96B+38.2%	$82.46B+22.6%	$67.25B+30.8%
Price / sales	68.4×-2.7×	71×-2.3×	73.3×+12.7×	60.7×+4.9×	55.8×+9.2×
Price / book	50.3×-0.5×	50.8×+1.4×	49.4×+10.8×	38.5×+5.3×	33.2×+6.7×
EV / EBITDA	585.2×—	——	——	——	——
EV / sales	66.5×-2.8×	69.3×-2.3×	71.6×+12.6×	59×+4.9×	54.1×+9.8×
Free cash flow yield	7.7%+1.7pp	5.9%+0.8pp	5.1%+0.2pp	4.9%+1.3pp	3.6%+3.4pp

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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.