Ibotta (IBTA) Income Statement

Ibotta reported revenue of $342.39M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 6.8% from $367.25M a year earlier. Net income was $3.58M, down 94.8% year over year, a net margin of 1.0%. Gross margin was 78.1% and operating margin 0.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $88.91M, up 3.3% from the same quarter a year earlier.

Ibotta Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Ibotta, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Revenue & Gross Profit
Revenue	342.39	367.25	320.04	210.70
Cost of Revenue	74.97	50.12	43.99	46.18
Gross Profit	267.42	317.13	276.05	164.53
Operating Expenses
Research & Development	61.08	63.27	50.00	42.56
Selling, General & Administrative	207.18	221.95	166.39	159.23
Operating Expenses	265.77	289.21	220.05	204.84
Operating Income	1.66	27.93	56.00	-40.31
Other Income/Expense
Interest Income	10.78	9.41	0.00	0.00
Interest Expense	0.00	0.00	-6.88	-5.31
Other Income/Expense	8.19	-12.84	-5.06	-8.98
Income
Income Before Tax	9.85	24.50	44.05	-54.60
Income Tax Expense	6.27	-44.25	5.93	0.26
Net Income	3.58	68.74	38.12	-54.86
Net Income - Continuous Operations	3.58	68.74	38.12	-54.86
Net Income - Discontinued Operations	-	-	-	-
EBITDA	18.17	36.01	62.66	-33.99
EBIT	1.88	27.93	56.00	-40.31
Depreciation & Amortization	8.32	3.98	3.66	3.05
Earnings Per Share
Basic EPS	-	3.00	1.00	-6.00
Diluted EPS	-	3.00	1.00	-6.00
Basic Shares Outstanding	28.37	24.12	30.24	9.31
Diluted Shares Outstanding	30.10	26.86	30.24	28.36

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Ibotta Financial Statements

What was Ibotta's revenue in fiscal 2025?

Ibotta reported revenue of $342.39M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 6.8% from $367.25M a year earlier.

Is Ibotta profitable?

Yes. Ibotta earned net income of $3.58M in fiscal 2025, a net margin of 1.0%. In fiscal 2024 it earned $68.74M.

What is Ibotta's operating margin?

Ibotta's operating income was $1.66M on revenue of $342.39M in fiscal 2025, an operating margin of 0.5%, compared with 7.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition