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: 28.2%
Op. Margin: 27.6%
Net Margin: 30.7%

Op. margin of 27.6% is up 26.6% YoY — cost efficiency is improving. Net margin at 30.7% and gross margin of 91.5% — earnings take a bigger bite when COGS stays lean..

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