Reddit (RDDT) Margins & Profitability 2024-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 91.5%
EBITDA Margin: 29.7%
Op. Margin: 29.2%
Net Margin: 31.7%

Op. margin of 29.2% is up 5.5% YoY — cost efficiency is improving. Net margin at 31.7% and gross margin of 91.5% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit