Ibotta, Inc.

Ibotta, Inc.

IBTAยทNYSE

$32.56

-6.2%
TechnologySoftware - Application

Ibotta, 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.

At a Glance

Live Snapshot
Market Cap$869.64M
EPS0.1300
P/E Ratio250.46
Earnings Date08/12/2026
3Y+62.0%
5Y+62.0%
10Y+62.0%
3Y-107.0%
5Y-107.0%
10Y-107.0%
3Y-269.0%
5Y-269.0%
10Y-269.0%
Ibotta, Inc.

Ibotta, Inc. Profit Bridge

IBTA ยท NYSE
Revenue342.39M
Cost of Goods Sold (74.97M)
Gross Profit267.42M
Operating Expenses (265.76M)
Operating Income1.66M
Interest Expense (0.00)
Other Income/Expense8.19M
Pretax Income9.85M
Income Tax (6.27M)
Net Income3.58M
Net Income
3.58M

Profitability Analysis

Gross Margin

78.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

0.5%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

1.0%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

63.7%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Ibotta, Inc. Income Statement

IBTA โ€ข NYSE

Ibotta, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022
REVENUE
342.4M
367.3M
320M
210.7M
GROSS PROFIT
(75M)
(50.1M)
(47.7M)
(49.2M)
267.4M
317.1M
272.4M
161.5M
OPERATING INCOME
(265.8M)
(289.2M)
(216.4M)
(201.8M)
(207.2M)
(222M)
(166.4M)
(159.2M)
(61.1M)
(63.3M)
(50M)
(42.6M)
1.7M
27.9M
56M
-40.3M
PRE-TAX INCOME
(0.0)
(0.0)
(6.9M)
(5.3M)
10.8M
9.4M
-6.9M
-5.3M
-2.5M
(4M)
(0.0)
(0.0)
8.2M
-3.4M
-11.9M
-14.3M
9.8M
24.5M
44.1M
-54.6M
NET INCOME
(6.3M)
-44.2M
(5.9M)
(262K)
3.6M
68.7M
38.1M
-54.9M

SEC Filings

IBTA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 22, 2026
May 19, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 07, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 12, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 13, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
8-K

8-K 2025

N/A

October 16, 2025
October 13, 2025
2025
Showing 1 to 10 of 37 filings