Reddit
RDDT
#779
Rank
โ‚ฌ24.59 B
Marketcap
140,09ย โ‚ฌ
Share price
-7.18%
Change (1 day)
N/A
Change (1 year)
Reddit is an American social media platform where users can submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members.

Operating Margin for Reddit (RDDT)

Operating Margin as of November 2024 (TTM): -54.39%

According to Reddit's latest financial reports and stock price the company's current Operating Margin is -54.39%. At the end of 2023 the company had an Operating Margin of -10.82%.

Operating Margin history for Reddit from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-10.82%-54.31%
2022-23.69%-9.95%
2021-26.30%1.93%
2020-25.81%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.