Ibotta, Inc. (IBTA)

Ibotta Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	367.6	367.25	320.04	210.7
Revenue Growth (YoY)	3.49%	14.75%	51.89%	-
Cost of Revenue	62.34	50.12	43.99	46.18
Gross Profit	305.26	317.13	276.05	164.53
Selling, General & Admin	202.85	221.95	166.39	159.23
Research & Development	63.77	62.7	49.83	41.82
Operating Expenses	270.59	288.63	219.88	204.1
Operating Income	34.68	28.5	56.17	-39.58
Interest Expense	-	-	-6.88	-5.31
Interest & Investment Income	14.87	9.41	-	-
Other Non Operating Income (Expenses)	-0.45	-3.16	-5.06	-4.44
EBT Excluding Unusual Items	49.1	34.76	44.22	-49.33
Gain (Loss) on Sale of Investments	-	-	-	-4.53
Asset Writedown	-0.45	-0.57	-0.17	-0.74
Other Unusual Items	-0.06	-9.69	-	-
Pretax Income	46.48	24.5	44.05	-54.6
Income Tax Expense	-49.98	-44.25	5.93	0.26
Net Income	96.46	68.74	38.12	-54.86
Net Income to Common	96.46	68.74	38.12	-54.86
Net Income Growth	3935.82%	80.34%	-	-
Shares Outstanding (Basic)	30	24	9	9
Shares Outstanding (Diluted)	34	27	27	9
Shares Change (YoY)	51.92%	-0.22%	210.43%	-
EPS (Basic)	3.19	2.85	4.26	-6.33
EPS (Diluted)	2.84	2.56	1.42	-6.33
EPS Growth	2512.20%	80.28%	-	-
Free Cash Flow	101.21	115.05	22.17	-57.28
Free Cash Flow Per Share	2.97	4.28	0.82	-6.61
Gross Margin	83.04%	86.35%	86.25%	78.09%
Operating Margin	9.43%	7.76%	17.55%	-18.78%
Profit Margin	26.24%	18.72%	11.91%	-26.04%
Free Cash Flow Margin	27.53%	31.33%	6.93%	-27.19%
EBITDA	36.94	30.78	59.03	-36.66
EBITDA Margin	10.05%	8.38%	18.45%	-17.40%
D&A For EBITDA	2.27	2.28	2.86	2.92
EBIT	34.68	28.5	56.17	-39.58
EBIT Margin	9.43%	7.76%	17.55%	-18.78%
Effective Tax Rate	-	-	13.47%	-
Advertising Expenses	-	31.4	24.7	29.6

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q