Growth & profitability
- Revenue has grown 17.6% per year over the past 3 years.
- Operating margin has expanded, at -0.2% in the latest year.
Financial health
- The company holds more cash ($187M) than total debt ($0).
IBTA Financials Ibotta, Inc.
4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $342M | $4M | 79.2% | -0.2% | $75M | $0 | $187M |
| 2024 | $367M | $69M | 86.4% | 7.6% | $115M | $0 | $349M |
| 2023 | $320M | $38M | 86.3% | 17.5% | $22M | $64M | $63M |
| 2022 | $211M | -$55M | 78.1% | -19.1% | -$57M | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $82M | -$10M | 76.4% | -13.1% | $27M | — | $165M |
| Dec '25 | $89M | -$1M | 78.7% | -1.9% | $20M | $0 | $187M |
| Sep '25 | $83M | $2M | 79.4% | 2.8% | $15M | — | $223M |
| Jun '25 | $86M | $2M | 79.2% | 1.4% | $22M | — | $251M |
| Mar '25 | $85M | $555000 | 79.8% | -3.3% | $18M | — | $297M |
| Dec '24 | $98M | $76M | 84.6% | 13.2% | $22M | $0 | $349M |
| Sep '24 | $99M | $17M | 87.7% | 21.0% | $39M | $0 | $341M |
| Jun '24 | $88M | -$34M | 86.0% | -24.6% | $35M | $0 | $318M |
| Mar '24 | $82M | $9M | 87.2% | 19.3% | $19M | $65M | $79M |
| Dec '23 | $100M | $19M | 87.6% | 26.3% | $23M | $64M | $63M |
| Sep '23 | $85M | $8M | 87.4% | 12.7% | -$2M | — | — |
| Jun '23 | $77M | $15M | 87.5% | 25.6% | -$2M | — | — |
| Mar '23 | $58M | -$4M | 80.5% | -1.6% | $3M | — | — |
Valuation over time
How the market has priced IBTA against its own fundamentals since 2024-04 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 64.7× (Apr '24) to 215.7× (Jun '26).
- The price-to-sales ratio has fallen from 7.7× (Apr '24) to 2.3× (Jun '26).
P/E
P/S
Frequently asked questions
Is IBTA growing its revenue and profit?
Over the past 3 years, Ibotta, Inc.'s revenue has grown 17.6% per year. These are computed facts, not advice.
How much debt does IBTA have?
As of FY2025, Ibotta, Inc. reported $0 of total debt against $187M of cash.
What is IBTA's profit margin?
In FY2025, gross margin was 79.2%, operating margin -0.2%, and net margin 1.0%.
What is IBTA's P/E ratio?
As of Jun '26, Ibotta, Inc. traded at a price-to-earnings ratio of about 215.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.