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Accumulated Depreciation & AmortizationCost of RevenueDepreciation ExpenseEBIATOther Gross PP&E AdjustmentsProperty, Plant & Equipment (Gross)Receivables - NetShares Issued
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iSHARES TRUST (IBTA) Cost of Revenue (2023 - 2025)

Ibotta's Cost of Revenue history spans 3 years, with the latest figure at $66.8 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 100.49% year-over-year to $66.8 million; the TTM value through Dec 2025 reached $129.8 million, up 5.01%, while the annual FY2025 figure was $118.9 million, 14.57% down from the prior year.
  • Cost of Revenue reached $66.8 million in Q4 2025 per IBTA's latest filing, up from $17.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $83.1 million in Q4 2023 to a low of $10.8 million in Q3 2023.
  • Average Cost of Revenue over 3 years is $32.6 million, with a median of $25.2 million recorded in 2023.
  • The largest YoY upside for Cost of Revenue was 125.23% in 2024 against a maximum downside of 59.91% in 2024.
  • A 3-year view of Cost of Revenue shows it stood at $83.1 million in 2023, then crashed by 59.91% to $33.3 million in 2024, then soared by 100.49% to $66.8 million in 2025.
  • Per Business Quant, the three most recent readings for IBTA's Cost of Revenue are $66.8 million (Q4 2025), $17.1 million (Q3 2025), and $28.8 million (Q2 2025).