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Reddit RDDT Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin364.8%+5.7pp364.3%+8.6pp363.6%+12.2pp361.6%+14.5pp359.1%+16.5pp
Operating margin60.9%+229pp34.4%+276pp-32.8%+180pp-98.5%+85.2pp-168.4%-19.0pp
Returns
Return on invested capital78.8%41.1%
Efficiency
Asset turnover3.1×2.9×2.8×
Liquidity
Current ratio48.4×-1.1×48.2×-1.1×49.2×+1.5×49.1×49.5×
Leverage
Debt-to-equity0.0×0.0×0.1×
Net debt / EBITDA-15.6×
Per Share
Book value per share$55.03+15.9%$50.35-19.6%$50.50+23.2%$47.91+109%$47.47+1,212%
Valuation
Market capitalization$138.31B+99.5%$131.56B+144%$116.7B$84.8B$69.33B
Price / sales68.4×+12.6×71×+24.4×73.3×60.7×55.8×
Price / book50.3×+17.1×50.8×+24.3×49.4×38.5×33.2×
EV / EBITDA585.2×

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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.