Ibotta (IBTA) Cost of Revenue (2023 - 2026)

Ibotta (IBTA) has 4 years of Cost of Revenue data on file, last reported at $34.0 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 99.2% year-over-year to $34.0 million; the trailing twelve-month figure through Mar 2026 stood at $108.4 million (up 14.77% YoY), and the FY2025 full-year result was $71.1 million, up 41.77% from the prior year.
• Cost of Revenue for Q1 2026 stood at $34.0 million, up from $18.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $50.0 million in Q2 2024 and bottomed at $10.5 million in Q1 2024.
• The 4-year median for Cost of Revenue is $22.2 million (2023), against an average of $24.4 million.
• Peak annual rise in Cost of Revenue reached 125.23% in 2024, while the deepest fall reached 67.66% in 2024.
• A 4-year view of Cost of Revenue shows it stood at $33.3 million in 2023, then slumped by 54.51% to $15.2 million in 2024, then grew by 24.72% to $18.9 million in 2025, then surged by 80.19% to $34.0 million in 2026.
• The last three Cost of Revenue figures came in at $34.0 million (Q1 2026), $18.9 million (Q4 2025), and $26.6 million (Q3 2025), per Business Quant data.

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