RDDT Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), RDDT reported revenue of $663M, gross profit of $607M (91.5% gross margin), operating income of $183M, and net income of $204M (30.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RDDT was profitable; revenue grew 69.1% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +69.1% | +679.8% | +24.1 pp |
| Quarter over quarter | −8.6% | −18.9% | −3.9 pp |
Consensus estimate data is not available for this report.
RDDT Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $663M | 100% |
| Cost of Revenue | −$56M | 8.5% |
| Gross Profit | $607M | 91.5% |
| Research & Development | −$207M | 31.2% |
| Selling, General & Administrative | −$217M | 32.7% |
| Operating Income | $183M | 27.6% |
| Other Income, net | $23M | 3.4% |
| Income Tax Expense | −$2M | 0.3% |
| Net Income | $204M | 30.7% |
Source: original SEC filing (filed 2026-04-30). Accession 0001713445-26-000067. Data normalized by EarningsFyi.