Ibotta, Inc. (IBTA) Revenue History
Annual and quarterly revenue from 2022 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
Revenue Growth Metrics
Revenue Breakdown (FY 2024)
IBTA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
IBTA Revenue Analysis (2022–2025)
As of March 2, 2026, Ibotta, Inc. (IBTA) generated trailing twelve-month (TTM) revenue of $342.4 million, reflecting significant decline in growth of -10.0% year-over-year. The most recent quarter (Q4 2025) recorded $88.5 million in revenue, up 6.3% sequentially.
Looking at the longer-term picture, IBTA's historical revenue data shows a 3-year CAGR of +17.6%. The company achieved its highest annual revenue of $367.3 million in 2024.
Revenue diversification analysis shows IBTA's business is primarily driven by Breakage (100%). With over half of revenue concentrated in Breakage, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including APP (+37.8% YoY), TTD (+18.5% YoY), and SRAD (+16.7% YoY), IBTA has underperformed the peer group in terms of revenue growth. Compare IBTA vs APP →
Peer Comparison
Compare IBTA's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IBTACurrent | $342M | -10.0% | - | -0.2% | |
| APP | $5.5B | +37.8% | +30.4% | 75.8% | |
| TTD | $2.9B | +18.5% | +28.2% | 20.3% | |
| SRAD | $1.1B | +16.7% | +23.8% | 12.2% | |
| GTM | $1.2B | +2.9% | +21.3% | 18.1% | |
| DV | $748M | +13.9% | +25.1% | 10.6% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $342.4M | -6.8% | $271.3M | 79.2% | $-841,000 | -0.2% |
| 2024 | $367.3M | +14.8% | $317.1M | 86.4% | $27.9M | 7.6% |
| 2023 | $320.0M | +51.9% | $272.4M | 85.1% | $56.0M | 17.5% |
| 2022 | $210.7M | - | $161.5M | 76.6% | $-40,313,000 | -19.1% |
See IBTA's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs IBTA Undervalued?
See our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationCompare IBTA vs NVDA
See how IBTA stacks up against sector leader NVIDIA Corporation.
Start ComparisonFrequently Asked Questions
Is IBTA's revenue growth accelerating or slowing?
IBTA revenue declined -10.0% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $342M. This reverses the prior growth trend.
What is IBTA's long-term revenue growth rate?
Ibotta, Inc.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -10.0% is below this long-term average.
How is IBTA's revenue distributed by segment?
IBTA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2022-2025 are available for download. Segment mix reveals concentration and diversification trends.