Ibotta Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	342.39	367.25	320.04	210.7
Revenue Growth (YoY)	-6.77%	14.75%	51.89%	-
Cost of Revenue	71.06	50.12	43.99	46.18
Gross Profit	271.33	317.13	276.05	164.53
Selling, General & Admin	207.18	221.95	166.39	159.23
Depreciation & Amortization Expenses	3.91	3.98	3.66	3.05
Research & Development	61.08	63.27	50	42.56
Total Operating Expenses	272.18	289.21	220.05	204.84
Operating Income	-0.84	27.93	56	-40.31
Total Non-Operating Income (Expense)	10.69	-3.43	-11.95	-14.29
Pretax Income	9.85	24.5	44.05	-54.6
Provision for Income Taxes	6.27	-44.25	5.93	0.26
Net Income	3.58	68.74	38.12	-54.86
Net Income to Common	3.58	68.74	38.12	-54.86
Net Income Growth	-94.80%	80.34%	-	-
Shares Outstanding (Basic)	28	24	9	9
Shares Outstanding (Diluted)	30	27	27	9
Shares Change (YoY)	12.06%	-0.22%	210.43%	-
EPS (Basic)	0.13	2.85	4.26	-6.33
EPS (Diluted)	0.12	2.56	1.42	-6.33
EPS Growth	-95.31%	80.28%	-	-
Free Cash Flow	74.98	115.05	22.17	-57.28
Free Cash Flow Growth	-34.83%	418.97%	-	-
Free Cash Flow Per Share	2.49	4.28	0.82	-6.61
Gross Margin	79.25%	86.35%	86.25%	78.08%
Operating Margin	-0.25%	7.60%	17.50%	-19.13%
Profit Margin	1.04%	18.72%	11.91%	-26.04%
FCF Margin	21.90%	31.33%	6.93%	-27.19%
EBITDA	7.48	36.01	62.66	-33.99
EBITDA Margin	2.18%	9.80%	19.58%	-16.13%
EBIT	-0.84	27.93	56	-40.31
EBIT Margin	-0.25%	7.60%	17.50%	-19.13%
Effective Tax Rate	63.69%	-180.63%	13.47%	-0.48%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q