8-K Announcements
1Material company update
May 6, 2026·SEC
Ibotta, Inc.(IBTA)Earnings, Financials & Key Ratios
IBTA•NYSE
$37.00
$1.05B mkt cap·308.3× P/E·Price updated May 6, 2026
AboutIbotta, Inc. operates as a technology company that offers Ibotta Performance Network (IPN) that allows consumer packaged goods brands to deliver digital promotions to consumers. It offers promotional services to publishers, retailers, and advertisers through the IPN. The company was formerly known as Zing Enterprises, Inc. and changed its name to Ibotta, Inc. in 2012. The company was incorporated in 2011 and is based in Denver, Colorado.Show more
- Revenue$342M-6.8%
- EBITDA$10M-72.3%
- Net Income$4M-94.8%
- EPS (Diluted)0.12-95.3%
- Gross Margin78.1%-9.6%
- EBITDA Margin2.91%-70.3%
- Operating Margin0.48%-93.6%
- Net Margin1.04%-94.4%
- ROE0.96%-96.6%
- ROIC1.06%-96.5%
- Debt/Equity0.09
IBTA Key Insights
Ibotta, Inc. (IBTA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 55.3%
- ✓FCF machine: 21.9% free cash flow margin
- ✓Momentum leader: RS Rating 85 (top 15%)
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
- ✗Shares diluted 12.1% in last year
- ✗Thin 5Y average net margin of 1.4%
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
IBTA Price & Volume
Ibotta, Inc. (IBTA) stock price & volume — 10-year historical chart
Loading chart...
IBTA Growth Metrics
Ibotta, Inc. (IBTA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years17.57%
TTM-7.9%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-112.17%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-122.78%
Return on Capital
10 Years-1.04%
5 Years-1.04%
3 Years24.87%
Last Year0.42%
IBTA Recent Earnings
Ibotta, Inc. (IBTA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (50%)●Beat Revenue 5/12 qtrs (63%)
Q1 2026Latest
Feb 25, 2026EPS
$0.04
Est $0.01
-300.0%
Revenue
$89M
Est $83M
+6.4%
Q4 2025
Nov 12, 2025EPS
$0.05
Est $0.35
-85.8%
Revenue
$83M
Est $83M
+0.0%
Q3 2025
Aug 13, 2025EPS
$0.08
Est $0.18
-55.6%
Revenue
$86M
Est $102M
-15.5%
Q2 2025
May 14, 2025EPS
$0.02
Est $0.01
+100.0%
Revenue
$85M
Est $89M
-5.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.04vs $0.01-300.0% | $89Mvs $83M+6.4% |
| Q4 2025 | Nov 12, 2025 | $0.05vs $0.35-85.8% | $83Mvs $83M+0.0% |
| Q3 2025 | Aug 13, 2025 | $0.08vs $0.18-55.6% | $86Mvs $102M-15.5% |
| Q2 2025 | May 14, 2025 | $0.02vs $0.01+100.0% | $85Mvs $89M-5.2% |
Based on last 12 quarters of dataView full earnings history →
IBTA Peer Comparison
Ibotta, Inc. (IBTA) competitors in Marketing automation and ad technology — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 DSGX | 6.12B | 71.17 | 37.26 | 14.44% | 22.47% | 10.74% | 0.01 | |
 CDLX | 43.78M | 0.80 | -0.41 | -16.18% | -44.36% | -370.98% | ||
 PERI | 477.39M | 10.65 | -56.05 | -11.71% | -1.8% | -1.17% | 0.06 | |
 ACMR | 3.67B | 55.38 | 40.42 | 15.24% | 10.44% | 6.11% | 0.16 | |
 MAPS | 17.89M | 0.37 | 18.69 | -5.32% | 1.12% | 1.51% | 0.20 | |
 PRCH | 1.21B | 11.10 | -342.59 | 10.18% | -1.8% | -60.88% | 17.55 | |
 TPVG | 225.54M | 5.57 | 4.57 | 36.55% | 13.09% | 1.33 | ||
 KR | 41.77B | 66.01 | 42.86 | 0.35% | 0.69% | 13.04% | 4.16 |
Compare IBTA vs Peers
Ibotta, Inc. (IBTA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
IBTA Income Statement
Ibotta, Inc. (IBTA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 210.7M | 320.04M | 367.25M | 342.39M | 340.3M |
| Revenue Growth % | - | 51.89% | 14.75% | -6.77% | -7.9% |
| Cost of Goods Sold | 49.22M | 47.65M | 50.12M | 74.97M | 73.41M |
| COGS % of Revenue | 23.36% | 14.89% | 13.65% | 21.9% | - |
| Gross Profit | 161.48M▲ 0% | 272.38M▲ 68.7% | 317.13M▲ 16.4% | 267.42M▼ 15.7% | 266.88M▲ 0% |
| Gross Margin % | 76.64% | 85.11% | 86.35% | 78.1% | 78.43% |
| Gross Profit Growth % | - | 68.68% | 16.43% | -15.68% | - |
| Operating Expenses | 201.79M | 216.38M | 289.21M | 265.76M | 274.2M |
| OpEx % of Revenue | 95.77% | 67.61% | 78.75% | 77.62% | - |
| Selling, General & Admin | 159.23M | 166.39M | 221.95M | 207.18M | 213.74M |
| SG&A % of Revenue | 75.57% | 51.99% | 60.44% | 60.51% | - |
| Research & Development | 42.56M | 50M | 63.27M | 61.08M | 57.52M |
| R&D % of Revenue | 20.2% | 15.62% | 17.23% | 17.84% | - |
| Other Operating Expenses | 0 | 0 | 3.98M | -2.5M | 2M |
| Operating Income | -40.31M▲ 0% | 56M▲ 238.9% | 27.93M▼ 50.1% | 1.66M▼ 94.1% | -8.87M▲ 0% |
| Operating Margin % | -19.13% | 17.5% | 7.6% | 0.48% | -2.61% |
| Operating Income Growth % | - | 238.91% | -50.13% | -94.07% | - |
| EBITDA | -33.99M | 62.66M | 36.01M | 9.97M | -2.56M |
| EBITDA Margin % | -16.13% | 19.58% | 9.8% | 2.91% | -0.75% |
| EBITDA Growth % | - | 284.34% | -42.54% | -72.3% | -114.57% |
| D&A (Non-Cash Add-back) | 6.32M | 6.66M | 8.08M | 8.32M | 6.31M |
| EBIT | -40.31M | 56M | 24.5M | 1.66M | 9.36M |
| Net Interest Income | -5.31M | -6.88M | 9.41M | 10.78M | 10.91M |
| Interest Income | 0 | 0 | 9.41M | 10.78M | 10.91M |
| Interest Expense | 5.31M | 6.88M | 0 | 0 | 0 |
| Other Income/Expense | -14.29M | -11.95M | -3.43M | 8.19M | 8.88M |
| Pretax Income | -54.6M▲ 0% | 44.05M▲ 180.7% | 24.5M▼ 44.4% | 9.85M▼ 59.8% | 11K▲ 0% |
| Pretax Margin % | -25.91% | 13.76% | 6.67% | 2.88% | 0% |
| Income Tax | 262K | 5.93M | -44.25M | 6.27M | 5.38M |
| Effective Tax Rate % | -0.48% | 13.47% | -180.63% | 63.69% | 48863.64% |
| Net Income | -54.86M▲ 0% | 38.12M▲ 169.5% | 68.74M▲ 80.3% | 3.58M▼ 94.8% | -7.3M▲ 0% |
| Net Margin % | -26.04% | 11.91% | 18.72% | 1.04% | -2.15% |
| Net Income Growth % | - | 169.48% | 80.34% | -94.8% | -112.17% |
| Net Income (Continuing) | -54.86M | 38.12M | 68.74M | 3.58M | -7.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.81▲ 0% | 1.26▲ 169.6% | 2.56▲ 103.2% | 0.12▼ 95.3% | -0.30▲ 0% |
| EPS Growth % | - | 169.61% | 103.17% | -95.31% | -122.78% |
| EPS (Basic) | -1.81 | 1.26 | 2.85 | 0.13 | - |
| Diluted Shares Outstanding | 30.24M | 30.24M | 26.86M | 30.1M | 24.15M |
| Basic Shares Outstanding | 30.24M | 30.24M | 24.12M | 28.37M | 24.15M |
| Dividend Payout Ratio | - | - | - | - | - |
IBTA Balance Sheet
Ibotta, Inc. (IBTA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 174.46M | 298.34M | 581.74M | 407.93M | 361M |
| Cash & Short-Term Investments | 45.5M | 62.59M | 349.28M | 186.61M | 164.6M |
| Cash Only | 17.82M | 62.59M | 349.28M | 186.61M | 164.6M |
| Short-Term Investments | 27.68M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 121.56M | 226.44M | 220.88M | 208.71M | 183.05M |
| Days Sales Outstanding | 210.58 | 258.25 | 219.53 | 222.49 | 218.15 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 7.4M | 922K | 1.24M | 12.6M | 13.35M |
| Total Non-Current Assets | 20.62M | 21.45M | 96.69M | 117.99M | 118.92M |
| Property, Plant & Equipment | 5.56M | 3.37M | 1.95M | 33.34M | 33.05M |
| Fixed Asset Turnover | 37.91x | 94.91x | 188.24x | 10.27x | 11.79x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8.75M | 12.84M | 16.2M | 0 | 0 |
| Long-Term Investments | 4.53M | 4.53M | 4.53M | 0 | 9.06M |
| Other Non-Current Assets | 263K | 699K | 74M | 29.8M | 137.88M |
| Total Assets | 195.08M▲ 0% | 319.79M▲ 63.9% | 678.43M▲ 112.1% | 525.91M▼ 22.5% | 479.92M▲ 0% |
| Asset Turnover | 1.08x | 1.00x | 0.54x | 0.65x | 0.63x |
| Asset Growth % | - | 63.93% | 112.15% | -22.48% | -44.18% |
| Total Current Liabilities | 143.9M | 198.15M | 204.16M | 207.76M | 200.92M |
| Accounts Payable | 5.86M | 8.94M | 7.16M | 10.84M | 7.24M |
| Days Payables Outstanding | 43.45 | 68.45 | 52.14 | 52.78 | 54.67 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 3.05M | 2.63M | 4.96M | 2.94M | 15.47M |
| Other Current Liabilities | 117.63M | 107M | 94.46M | 193.99M | 198.22M |
| Current Ratio | 1.21x | 1.51x | 2.85x | 1.96x | 1.96x |
| Quick Ratio | 1.21x | 1.51x | 2.85x | 1.96x | 1.96x |
| Cash Conversion Cycle | - | - | - | - | 163.48 |
| Total Non-Current Liabilities | 85.98M | 93.71M | 16.98M | 30.5M | 30.02M |
| Long-Term Debt | 61.05M | 64.45M | 0 | 25.5M | 25.32M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 50.27M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 24.93M | 29.26M | 16.98M | 5M | 35.35M |
| Total Liabilities | 229.87M | 291.86M | 221.15M | 238.26M | 230.94M |
| Total Debt | 61.05M | 64.45M | 0 | 25.5M | 25.32M |
| Net Debt | 43.23M | 1.86M | -349.28M | -161.11M | -139.28M |
| Debt / Equity | - | 2.31x | - | 0.09x | 0.09x |
| Debt / EBITDA | - | 1.03x | - | 2.56x | -9.90x |
| Net Debt / EBITDA | - | 0.03x | -9.70x | -16.15x | -16.15x |
| Interest Coverage | -7.59x | 8.13x | - | - | - |
| Total Equity | -34.79M▲ 0% | 27.93M▲ 180.3% | 457.28M▲ 1537.4% | 287.65M▼ 37.1% | 248.98M▲ 0% |
| Equity Growth % | - | 180.27% | 1537.36% | -37.1% | -89.39% |
| Book Value per Share | -1.15 | 0.92 | 17.02 | 9.56 | 10.31 |
| Total Shareholders' Equity | -34.79M | 27.93M | 457.28M | 287.65M | 248.98M |
| Common Stock | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -247.31M | -209.19M | -140.45M | -136.87M | -147.19M |
| Treasury Stock | 0 | 0 | -31.32M | 0 | 0 |
| Accumulated OCI | -126K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
IBTA Cash Flow Statement
Ibotta, Inc. (IBTA) cash flow — operating, investing & free cash flow history
| Line item | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -56.5M | 22.72M | 115.92M | 95.27M | 95.27M |
| Operating CF Margin % | -26.81% | 7.1% | 31.56% | 27.83% | - |
| Operating CF Growth % | - | 140.21% | 410.29% | -17.81% | 17.59% |
| Net Income | -54.86M | 38.12M | 68.74M | 3.58M | -7.3M |
| Depreciation & Amortization | 6.32M | 6.66M | 8.08M | 8.32M | 9.03M |
| Stock-Based Compensation | 6.5M | 6.99M | 46.92M | 44.14M | 49.23M |
| Deferred Taxes | 0 | 0 | 0 | 3.15M | 3.73M |
| Other Non-Cash Items | 12.32M | 22.55M | 44.94M | 11.42M | 29.2M |
| Working Capital Changes | -26.78M | -51.6M | -52.76M | 24.67M | 21.9M |
| Change in Receivables | -34.51M | -105.71M | 4.4M | 10.24M | 20.79M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -4.53M | 1.82M | -911K | 355K | -1.42M |
| Cash from Investing | -35.68M | 19.67M | -10.2M | -34.3M | -36.4M |
| Capital Expenditures | -8.26M | -548K | -871K | -20.29M | -25.38M |
| CapEx % of Revenue | 3.92% | 0.17% | 0.24% | 5.93% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 0 | -7.68M | -9.33M | -14.01M | -11.02M |
| Cash from Financing | 74.05M | 2.38M | 181.38M | -224.05M | -202.33M |
| Debt Issued (Net) | 73.33M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 76.12M | 2.4M | 175.37M | -220.63M | -160.24M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -31.32M | -232.97M | -163.19M |
| Other Financing | -75.41M | -12K | 6.01M | -3.42M | -42.09M |
| Net Change in Cash | -18.13M▲ 0% | 44.77M▲ 347.0% | 287.1M▲ 541.2% | -163.08M▼ 156.8% | -132.94M▲ 0% |
| Free Cash Flow | -64.76M▲ 0% | 14.49M▲ 122.4% | 105.72M▲ 629.7% | 74.98M▼ 29.1% | 80.95M▲ 0% |
| FCF Margin % | -30.74% | 4.53% | 28.79% | 21.9% | 23.79% |
| FCF Growth % | - | 122.37% | 629.68% | -29.07% | -22.88% |
| FCF per Share | -2.14 | 0.48 | 3.94 | 2.49 | 2.49 |
| FCF Conversion (FCF/Net Income) | 1.03x | 0.60x | 1.69x | 26.65x | -11.09x |
| Interest Paid | 3.52M | 5.49M | 2.58M | 0 | 75K |
| Taxes Paid | 71K | 4.11M | 13.21M | 0 | 0 |
IBTA Key Ratios
Ibotta, Inc. (IBTA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | 136.48% | 28.33% | 0.96% | -2.39% |
| Return on Invested Capital (ROIC) | 219.75% | 30.4% | 1.06% | 1.06% |
| Gross Margin | 85.11% | 86.35% | 78.1% | 78.43% |
| Net Margin | 11.91% | 18.72% | 1.04% | -2.15% |
| Debt / Equity | 2.31x | - | 0.09x | 0.09x |
| Interest Coverage | 8.13x | - | - | - |
| FCF Conversion | 0.60x | 1.69x | 26.65x | -11.09x |
| Revenue Growth | 51.89% | 14.75% | -6.77% | -7.9% |
IBTA SEC Filings & Documents
Ibotta, Inc. (IBTA) SEC filings — annual & quarterly reports (10-K, 10-Q)
10-Q Quarterly Reports
1FY 2026
May 6, 2026·SEC
IBTA Frequently Asked Questions
Ibotta, Inc. (IBTA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Ibotta, Inc. (IBTA) reported $340.3M in revenue for fiscal year 2025. This represents a 62% increase from $210.7M in 2022.
Ibotta, Inc. (IBTA) saw revenue decline by 6.8% over the past year.
Ibotta, Inc. (IBTA) reported a net loss of $7.3M for fiscal year 2025.
Dividend & Returns
Ibotta, Inc. (IBTA) has a return on equity (ROE) of 1.0%. This is below average, suggesting room for improvement.
Ibotta, Inc. (IBTA) generated $80.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More IBTA
Ibotta, Inc. (IBTA) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates