Optical limiters are nonlinear devices that feature decreasing transmittance with increasing incident optical intensity, and thus can protect sensitive components from high‐intensity illumination. The ideal optical limiter reflects rather than absorbs light in its active (“limiting”) state, minimizing risk of damage to the limiter itself. Previous efforts to realize reflective (rather than absorbing) limiters were based on embedding nonlinear layers into relatively thick multilayer photonic structures, resulting in substantial fabrication complexity, reduced speed and, in some instances, limited working bandwidth. In this paper, these tradeoffs are overcome by using the insulator‐to‐metal transition (IMT) in vanadium dioxide (VO2) to achieve intensity‐dependent modulation of resonant transmission through aperture antennas. Due to the large change of optical properties across the IMT, low‐quality‐factor resonators are sufficient to achieve high on–off ratios in the transmittance of the limiter. As a result, our ultrathin reflective limiter (thickness ≈1/100 of the free‐space wavelength) is broadband in terms of operating wavelength (>2 µm at 10 µm) and angle of incidence (up to ≈50° away from the normal). Our analysis of the experimental results via opto‐thermal simulations provides insight into limiter performance and is a useful guidance for further engineering efforts.