Ibotta, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $342.4M | $367.3M | $320.0M | $210.7M | — |
| Cost of revenue | $71.1M | $50.1M | $44.0M | $46.2M | — |
| Gross profit | $271.3M | $317.1M | $276.0M | $164.5M | — |
| Research and development | $61.1M | $63.3M | $50.0M | $42.6M | — |
| Operating expenses | $272.2M | $289.2M | $220.0M | $204.8M | — |
| Operating income | -$841,000 | $27.9M | $56.0M | -$40.3M | — |
| Pretax income | $9.8M | $24.5M | $44.1M | -$54.6M | — |
| Income tax expense | $6.3M | -$44.2M | $5.9M | $262,000 | — |
| Net income | $3.6M | $68.7M | $38.1M | -$54.9M | — |
| Balance Sheet | |||||
| Cash and equivalents | $186.6M | $349.3M | $62.6M | — | — |
| Current assets | $407.9M | $581.7M | $298.3M | — | — |
| Total assets | $525.9M | $678.4M | $319.8M | — | — |
| Current liabilities | $207.8M | $204.2M | $198.2M | — | — |
| Total liabilities | $238.3M | $221.1M | $291.9M | — | — |
| Total debt | — | $0 | $75.1M | — | — |
| Stockholders' equity | $287.7M | $457.3M | $27.9M | -$34.8M | $10.8M |
| Cash Flow Statement | |||||
| Cash from operations | $95.3M | $115.9M | $22.7M | -$56.5M | — |
| Depreciation and amortization | $8.3M | $8.1M | $6.7M | $6.3M | — |
| Stock-based compensation | $44.1M | $46.9M | $7.0M | $6.5M | — |
| Capital expenditure | $20.3M | $871,000 | $548,000 | $785,000 | — |
| Free cash flow | $75.0M | $115.0M | $22.2M | -$57.3M | — |
| Share repurchases | $233.0M | $31.3M | $0 | $25,000 | — |
Shares outstanding 23.3M · Free float 17.0%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.