Reddit Inc (RDDT)
158.30
+22.03
(+16.17%)
USD |
NYSE |
Nov 21, 16:00
149.45
-8.85
(-5.59%)
After-Hours: 16:42
Reddit Gross Profit Margin (Quarterly): 90.06% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 90.06% |
| June 30, 2024 | 89.51% |
| March 31, 2024 | 88.63% |
| December 31, 2023 | 88.42% |
| September 30, 2023 | 87.28% |
| June 30, 2023 | 84.25% |
| March 31, 2023 | 83.59% |
| December 31, 2022 | 85.82% |
| Date | Value |
|---|---|
| September 30, 2022 | 83.57% |
| June 30, 2022 | 82.61% |
| March 31, 2022 | 84.70% |
| December 31, 2021 | 87.11% |
| September 30, 2021 | 83.46% |
| June 30, 2021 | 85.04% |
| March 31, 2021 | 82.80% |
| December 31, 2020 | 84.33% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
82.61%
Minimum
Jun 2022
90.06%
Maximum
Sep 2024
85.70%
Average
84.87%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Meta Platforms Inc | 81.83% |
| Alphabet Inc | 58.68% |
| Snap Inc | 53.45% |
| Fluent Inc | 24.27% |
| Beyond Commerce Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -55.43% |
| Return on Assets | -28.50% |
| Return on Invested Capital | -55.43% |
| Profit Margin (Quarterly) | 8.57% |
| Operating Margin (Quarterly) | 1.97% |
| Return on Net Operating Assets | -148.3% |