Filing Flows › Reddit (RDDT) › Operating margin
Reddit (RDDT) operating margin by quarter
Reddit's operating margin was 29.2% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 1.0% (Q1 2025) to 31.9% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 29.2% | +0.4 pts | +5.5 pts |
| Q2 2026 | 28.8% | +1.2 pts | +15.2 pts |
| Q1 2026 | 27.6% | -4.4 pts | +26.6 pts |
| Q4 2025 | 31.9% | +8.3 pts | — |
| Q3 2025 | 23.7% | +10.1 pts | — |
| Q2 2025 | 13.6% | +12.6 pts | — |
| Q1 2025 | 1.0% | — | — |
Q3 2026 at a glance
Reddit, Q3 2026: revenue $895M (+53% year over year), operating margin 29.2%, net earnings $283M, operating cash flow $364M. The chart follows the revenue to costs, profit and cash.
Questions
What is Reddit's operating margin?
Reddit's operating margin was 29.2% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.
How has Reddit's operating margin changed?
Over the last 7 quarters it ranged from 1.0% (Q1 2025) to 31.9% (Q4 2025).