Reddit Business Segments — Cost of revenue decreased by 4.2% to $56.27M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 51.7%, from $37.09M to $56.27M. Over 3 years (FY 2022 to FY 2025), Business Segments — Cost of revenue shows an upward trend with a 22.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A rising ratio of cost of revenue to total revenue suggests margin compression and potential inefficiencies in service delivery.
This metric represents the total direct costs incurred to generate revenue for the primary business segment, including a...
Standard GAAP Cost of Revenue metric used across all industries.
rddt_segment_reportable_segment_cost_of_revenue| 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 | $26.20M | $26.20M | $26.20M | $26.20M | $27.75M | $27.75M | $27.75M | $27.75M | $27.62M | $29.50M | $34.63M | $31.85M | $37.09M | $45.90M | $52.51M | $58.72M | $56.27M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.9% | +0.0% | +0.0% | +0.0% | -0.5% | +6.8% | +17.4% | -8.1% | +16.5% | +23.8% | +14.4% | +11.8% | -4.2% |
| YoY Change | — | — | — | — | +5.9% | +5.9% | +5.9% | +5.9% | -0.5% | +6.3% | +24.8% | +14.7% | +34.3% | +55.6% | +51.6% | +84.4% | +51.7% |