What is Reddit's business segments — operating expenses?

Reddit (RDDT) reported business segments — operating expenses of $424.23M in Q1 2026.

How has Reddit's business segments — operating expenses changed year-over-year?

Reddit's business segments — operating expenses increased by 20.7% year-over-year, from $351.37M to $424.23M.

What is the long-term trend for Reddit's business segments — operating expenses?

Over 3 years (2022 to 2025), Reddit's business segments — operating expenses has grown at a 28.7% compound annual growth rate (CAGR), from $734.06M to $1.57B.

What does business segments — operating expenses mean?

The total day-to-day costs required to run the primary business segment, excluding direct production costs.

Business Segments · Operating Expenses

Business Segments — Operating Expenses

Reddit Business Segments — Operating Expenses decreased by 2.5% to $424.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.7%, from $351.37M to $424.23M. Over 3 years (FY 2022 to FY 2025), Business Segments — Operating Expenses shows an upward trend with a 28.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ1 2026

Rolls up toTotal Operating Expenses

How to read this metric

An increase may signal aggressive investment in growth or scaling, while a decrease suggests improved operational efficiency or cost-cutting measures.

Detailed definition

This metric represents the total costs incurred by the primary business segment to support daily operations, excluding t...

Peer comparison

Similar to SG&A and R&D expenses reported by other digital platform and social media companies.

Metric ID: rddt_segment_reportable_segment_operating_expenses

Historical Data

17 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	Q4 '25	Q1 '26
Value	$183.52M	$183.52M	$183.52M	$183.52M	$208.29M	$208.29M	$208.29M	$208.29M	$804.60M	$282.72M	$306.86M	$342.99M	$351.37M	$386.02M	$393.86M	$435.06M	$424.23M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+13.5%	+0.0%	+0.0%	+0.0%	+286.3%	-64.9%	+8.5%	+11.8%	+2.4%	+9.9%	+2.0%	+10.5%	-2.5%
YoY Change	—	—	—	—	+13.5%	+13.5%	+13.5%	+13.5%	+286.3%	+35.7%	+47.3%	+64.7%	-56.3%	+36.5%	+28.4%	+26.8%	+20.7%

Range$183.52M – $804.60M

CAGR+23.3%

Avg YoY Growth+41.9%

Median YoY Growth+26.8%

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Frequently Asked Questions

What is Reddit's business segments — operating expenses?: Reddit (RDDT) reported business segments — operating expenses of $424.23M in Q1 2026.
How has Reddit's business segments — operating expenses changed year-over-year?: Reddit's business segments — operating expenses increased by 20.7% year-over-year, from $351.37M to $424.23M.
What is the long-term trend for Reddit's business segments — operating expenses?: Over 3 years (2022 to 2025), Reddit's business segments — operating expenses has grown at a 28.7% compound annual growth rate (CAGR), from $734.06M to $1.57B.
What does business segments — operating expenses mean?: The total day-to-day costs required to run the primary business segment, excluding direct production costs.