Ibotta Financial Statements
NYSE: IBTAConsumer DiscretionaryAdvertisingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ibotta revenue and earnings
In fiscal 2025, Ibotta generated $342.4 million in revenue, down 6.8% from fiscal 2024, the first decline in the 4 years shown. Net income was $3.6 million (-94.8% year over year), for a net margin of 1.0% versus a median of 11.9% in the prior 3 years. Gross margin was 79.2% (down from 86.4%) and operating margin -0.2%.
Diluted earnings per share came in at $0.12, down from $2.56. Over the last 3 fiscal years, IBTA's revenue has grown at a 17.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Ibotta income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 |
|---|---|---|---|---|
| Revenue | 342.39M | 367.25M | 320.04M | 210.70M |
| Revenue growth (YoY) | -6.77% | +14.75% | +51.89% | — |
| Cost of Revenue | 71.06M | 50.12M | 43.99M | 46.18M |
| Gross Profit | 271.33M | 317.13M | 276.05M | 164.53M |
| Operating Expenses | 272.18M | 289.21M | 220.05M | 204.84M |
| Research & Development | 61.08M | 63.27M | 50.00M | 42.56M |
| Selling, General & Admin | 207.18M | 221.95M | 166.39M | 159.23M |
| Operating Income | -841.00K | 27.93M | 56.00M | -40.31M |
| Interest Expense | 500.00K | 3.60M | 8.80M | 6.20M |
| Other Income (Expense) | -93.00K | -3.16M | -5.06M | -8.97M |
| Pretax Income | 9.85M | 24.50M | 44.05M | -54.60M |
| Income Tax | 6.27M | -44.25M | 5.93M | 262.00K |
| Net Income | 3.58M | 68.74M | 38.12M | -54.86M |
| Net Income growth (YoY) | -94.80% | +80.34% | — | — |
| EPS (Basic) | 0.13 | 2.85 | 4.26 | -6.33 |
| EPS (Diluted) | 0.12 | 2.56 | 1.42 | -6.33 |
| Shares Outstanding (Basic) | 28.37M | 24.12M | 8.95M | 8.67M |
| Shares Outstanding (Diluted) | 30.10M | 26.86M | 26.92M | 8.67M |
| EBITDA | 7.48M | 36.01M | 62.66M | -33.99M |
| Gross Margin | 79.25% | 86.35% | 86.25% | 78.08% |
| Operating Margin | -25.00% | 7.60% | 17.50% | -19.13% |
| Net Margin | 104.00% | 18.72% | 11.91% | -26.04% |
This table shows 4 annual periods of Ibotta's income statement, from FY 2025 back to FY 2022, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow IBTA's reporting calendar. What is a income statement?