Reddit RDDT Business Segments — Income tax expense (benefit)

Similar metrics at other companies

CSTLReportable Segment — Income tax expense (benefit)

$109K+126%

NEOReportable Segment — Income tax expense (benefit)

-$472K-277%

GRALReportable Segment — Income Tax Expense (Benefit)

-$34.34M+14.6%

FGReportable Segment — Income tax expense (benefit)

$74M+1,580%

LUNRReportable Segment — Income tax expense (benefit)

$2K—

RXRXReportable Segment — Income Tax Expense (Benefit)

-$4.6M-2,814%

Questions, answered.

What is Reddit's business segments — income tax expense (benefit)?

Reddit (RDDT) reported business segments — income tax expense (benefit) of $1.75M in Q1 2026.

How has Reddit's business segments — income tax expense (benefit) changed year-over-year?

Reddit's business segments — income tax expense (benefit) increased by 201.5% year-over-year, from -$1.72M to $1.75M.

What is the long-term trend for Reddit's business segments — income tax expense (benefit)?

Over 2 years (2022 to 2024), Reddit's business segments — income tax expense (benefit) has grown at a 22.3% compound annual growth rate (CAGR), from $622K to -$931K.

What does business segments — income tax expense (benefit) mean?

This represents the provision for income taxes or the benefit derived from tax credits applicable to the primary business segment's earnings. It reflects the tax burden or relief based on the segment's jurisdictional profitability and applicable tax laws. Understanding this is crucial for calculating the segment's effective tax rate and net contribution to the parent company.