Ibotta Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	367.25	320.04	210.7
Revenue Growth (YoY)	14.75%	51.89%	-
Cost of Revenue	50.12	43.99	46.18
Gross Profit	317.13	276.05	164.53
Selling, General & Admin	221.95	166.39	159.23
Research & Development	62.7	49.83	41.82
Operating Expenses	288.63	219.88	204.1
Operating Income	28.5	56.17	-39.58
Interest Expense	-	-6.88	-5.31
Interest & Investment Income	9.41	-	-
Other Non Operating Income (Expenses)	-3.16	-5.06	-4.44
EBT Excluding Unusual Items	34.76	44.22	-49.33
Gain (Loss) on Sale of Investments	-	-	-4.53
Asset Writedown	-0.57	-0.17	-0.74
Other Unusual Items	-9.69	-	-
Pretax Income	24.5	44.05	-54.6
Income Tax Expense	-44.25	5.93	0.26
Net Income	68.74	38.12	-54.86
Net Income to Common	68.74	38.12	-54.86
Net Income Growth	80.34%	-	-
Shares Outstanding (Basic)	24	9	9
Shares Outstanding (Diluted)	27	27	9
Shares Change (YoY)	-0.22%	210.43%	-
EPS (Basic)	2.85	4.26	-6.33
EPS (Diluted)	2.56	1.42	-6.33
EPS Growth	80.28%	-	-
Free Cash Flow	115.05	22.17	-57.28
Free Cash Flow Per Share	4.28	0.82	-6.61
Gross Margin	86.35%	86.25%	78.09%
Operating Margin	7.76%	17.55%	-18.78%
Profit Margin	18.72%	11.91%	-26.04%
Free Cash Flow Margin	31.33%	6.93%	-27.19%
EBITDA	30.78	59.03	-36.66
EBITDA Margin	8.38%	18.45%	-17.40%
D&A For EBITDA	2.28	2.86	2.92
EBIT	28.5	56.17	-39.58
EBIT Margin	7.76%	17.55%	-18.78%
Effective Tax Rate	-	13.47%	-
Advertising Expenses	31.4	24.7	29.6

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q