Business Segments — Adjusted cost of revenue
Reddit Business Segments — Adjusted cost of revenue decreased by 4.0% to $56.12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 52.2%, from $36.87M to $56.12M. Over 3 years (FY 2022 to FY 2025), Business Segments — Adjusted cost of revenue shows an upward trend with a 23.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may indicate rising infrastructure or service delivery costs, while a decrease suggests improved operational efficiency.
Detailed definition
This metric represents the direct costs associated with generating revenue for the company's primary reportable segment,...
Peer comparison
Similar to Cost of Goods Sold (COGS) in other technology or internet service companies.
rddt_segment_reportable_segment_adjusted_cost_of_revenueHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $25.99M | $25.99M | $25.99M | $25.99M | $27.69M | $27.69M | $27.69M | $27.69M | $27.36M | $29.44M | $34.56M | $31.61M | $36.87M | $45.70M | $52.30M | $58.48M | $56.12M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +6.5% | +0.0% | +0.0% | +0.0% | -1.2% | +7.6% | +17.4% | -8.5% | +16.6% | +23.9% | +14.4% | +11.8% | -4.0% |
| YoY Change | — | — | — | — | +6.5% | +6.5% | +6.5% | +6.5% | -1.2% | +6.3% | +24.8% | +14.2% | +34.8% | +55.2% | +51.3% | +85.0% | +52.2% |
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Frequently Asked Questions
- What is Reddit's business segments — adjusted cost of revenue?
- Reddit (RDDT) reported business segments — adjusted cost of revenue of $56.12M in Q1 2026.
- How has Reddit's business segments — adjusted cost of revenue changed year-over-year?
- Reddit's business segments — adjusted cost of revenue increased by 52.2% year-over-year, from $36.87M to $56.12M.
- What is the long-term trend for Reddit's business segments — adjusted cost of revenue?
- Over 3 years (2022 to 2025), Reddit's business segments — adjusted cost of revenue has grown at a 23.0% compound annual growth rate (CAGR), from $103.95M to $193.34M.
- What does business segments — adjusted cost of revenue mean?
- The core direct costs incurred to generate revenue for the primary business segment, excluding non-recurring or non-cash items.