Business Segments · Income tax expense (benefit)
Business Segments — Income tax expense (benefit)
Reddit Business Segments — Income tax expense (benefit) increased by 183.7% to $1.75M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 201.5%, from -$1.72M to $1.75M. Over 2 years (FY 2022 to FY 2024), Business Segments — Income tax expense (benefit) shows a downward trend with a 22.3% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toIncome Tax
How to read this metric
Fluctuations can be driven by changes in profitability, tax legislation, or the utilization of deferred tax assets.
Detailed definition
This represents the provision for income taxes or the benefit derived from tax credits applicable to the primary busines...
Peer comparison
Standard tax accounting line item.
Metric ID:
rddt_segment_reportable_segment_income_tax_expense_benefitHistorical Data
16 periods
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $155.50K | $155.50K | $155.50K | $155.50K | $950.25K | $950.25K | $950.25K | $950.25K | $365.00K | -$216.00K | -$31.00K | -$1.05M | -$1.72M | -$439.00K | -$2.09M | $1.75M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +511.1% | +0.0% | +0.0% | +0.0% | -61.6% | -159.2% | +85.6% | <-999% | -64.1% | +74.5% | -375.2% | +183.7% |
| YoY Change | — | — | — | — | +511.1% | +511.1% | +511.1% | +511.1% | -61.6% | -122.7% | -103.3% | -210.4% | -571.5% | -103.2% | <-999% | +201.5% |
Range-$2.09M – $1.75M
CAGR+90.6%
Avg YoY Growth-463.0%
Median YoY Growth-82.4%
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Frequently Asked Questions
- 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 $622.00K to -$931.00K.
- What does business segments — income tax expense (benefit) mean?
- The tax expense or benefit attributable to the primary business segment's operations.