Filing Flows › Reddit (RDDT) › Q3 2026 › vs Q3 2025
Reddit (RDDT) Q3 2026 vs Q3 2025 (year over year)
Reddit's revenue rose $310M (+53%) from $585M in Q3 2025 to $895M in Q3 2026. The biggest changes: Advertising revenue +$298M (+54%); Other revenue +$12.4M (+35%). Operating margin 29.2% against 23.7% (+5.5 pts).
Reddit, Q3 2026: revenue $895M (+53% year over year), operating margin 29.2%, net earnings $283M, operating cash flow $364M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 29.2% | 23.7% | +5.5 pts |
| Net margin | 31.7% | 27.8% | +3.8 pts |
| Free cash flow margin | 40.5% | 31.3% | +9.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Advertising revenue | $847M | $549M | $298M | +54% |
| Other revenue | $48.0M | $35.6M | $12.4M | +35% |
| Revenue | $895M | $585M | $310M | +53% |
| Other income, net | $27.5M | $22.0M | $5.4M | +25% |
| Operating profit | $262M | $139M | $123M | +89% |
| Costs & expenses | $633M | $446M | $187M | +42% |
| Pre-tax earnings | $289M | $161M | $128M | +80% |
| Cost of revenue | $75.8M | $52.5M | $23.3M | +44% |
| Research & development | $264M | $196M | $67.2M | +34% |
| Sales & marketing | $209M | $129M | $80.7M | +63% |
| General & admin | $84.7M | $68.8M | $15.9M | +23% |
| Net earnings | $283M | $163M | $121M | +74% |
| Income tax | $5.8M | −$2.1M | $7.9M | — |
| Depreciation & amortization | $4.3M | $3.9M | $360K | +9% |
| Share-based compensation | $131M | $83.5M | $47.8M | +57% |
| Working capital & other | $55.0M | $64.9M | −$9.9M | -15% |
| Operating cash flow | $364M | $185M | $179M | +96% |
| Free Cash Flow (company-reported) | $363M | $183M | $179M | +98% |
| Purchases of property and equipment | $1.2M | $2.1M | −$829K | -40% |
Questions
How much did Reddit's revenue grow year over year in Q3 2026?
Reddit's revenue rose $310M (+53%) from $585M in Q3 2025 to $895M in Q3 2026.
What drove Reddit's revenue change in Q3 2026?
Advertising revenue +$298M (+54%); Other revenue +$12.4M (+35%).