Ibotta IBTA
NYSE IBTA
$38.37 +0.98 (+2.62%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Ibotta's (IBTA) quarterly Cost of Revenue came in at $19.2 million in Q2 2026, up 7.03% on a YoY basis from $17.9 million in Q2 2025, and down 1.36% quarter-over-quarter from $19.4 million in Q1 2026.

Analysis

Ibotta (IBTA) Cost of Revenue (2023 - 2026) Analysis & Trends

Ibotta (IBTA) has reported Cost of Revenue for 4 consecutive years, with $19.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Cost of Revenue rose 7.03% year-over-year to $19.2 million; the trailing twelve-month figure through Jun 2026 stood at $74.7 million (up 19.79% YoY), and the FY2025 full-year result was $71.1 million, up 41.77% from the prior year.
  • Cost of Revenue retreated to $19.2 million in Q2 2026 per IBTA's latest filing, from $19.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $19.4 million in Q1 2026 and bottomed at $9.6 million in Q2 2023.
  • Historically, Cost of Revenue has averaged $14.6 million across 4 years, with a median of $13.7 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue decreased 6.53% in 2024, then jumped 62.55% in 2025.
  • Over 4 years, Cost of Revenue stood at $12.3 million in 2023, then rose by 22.97% to $15.2 million in 2024, then increased by 24.72% to $18.9 million in 2025, then rose by 1.53% to $19.2 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $19.2 million, $19.4 million, and $18.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Alphabet 4,074.35 Bn 3,645.31 Bn 73.85 Bn 45.94 Bn
2 AppLovin 107.48 Bn 104.43 Bn 1.70 Bn 225.80 Mn
3 Trade Desk 6.78 Bn 5.29 Bn 530.72 Mn 184.33 Mn
4 Magnite 3.46 Bn 3.13 Bn 130.79 Mn 62.04 Mn
5 DoubleVerify Holdings 2.07 Bn 1.86 Bn 161.31 Mn 32.48 Mn
6 Digital Turbine 1.28 Bn 1.24 Bn - -
7 Quinstreet 1.06 Bn 929.83 Mn 49.81 Mn 324.07 Mn
8 Taboola.com 972.14 Mn 839.09 Mn 139.48 Mn 337.35 Mn
9 Mntn 960.26 Mn 722.98 Mn 66.30 Mn 16.24 Mn
10 Ibotta 893.28 Mn 745.11 Mn 69.72 Mn 19.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.19 Mn
Mar 31, 2026 19.45 Mn
Dec 31, 2025 18.90 Mn
Sep 30, 2025 17.14 Mn
Jun 30, 2025 17.93 Mn
Mar 31, 2025 17.09 Mn
Dec 31, 2024 15.15 Mn
Sep 30, 2024 12.17 Mn
Jun 30, 2024 12.28 Mn
Mar 31, 2024 10.52 Mn
Dec 31, 2023 12.32 Mn
Sep 30, 2023 10.78 Mn
Jun 30, 2023 9.64 Mn
Mar 31, 2023 11.25 Mn