Ibotta (IBTA) EBIT Margin (2023 - 2026)
Ibotta's EBIT Margin was -2.11% in Q2 2026, down 3.55 percentage points from 1.44% a year earlier but up 11.02 percentage points from the prior quarter.
Ibotta (IBTA) EBIT Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ibotta's EBIT Margin was -3.49% through Jun 30, 2026, down 12.23 percentage points year-over-year; for FY2025, it came in at -0.25%, down 7.85 percentage points from FY2024.
- EBIT Margin shows a three-year change of +18.89 percentage points (FY2022 to FY2025).
- In earlier years, EBIT Margin was 7.60% in FY2024 (-9.89 pp), 17.50% in FY2023 (+36.63 pp) and -19.13% in FY2022.
- Quarterly EBIT Margin has moved between -24.63% (Q2 2024) and 26.34% (Q4 2023) over five years.
- Compared with a year earlier, EBIT Margin has declined for four straight quarters, with an average year-over-year change of -6.00 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q2 2025 (a gain of 26.07 percentage points); the worst was Q2 2024 (a drop of 50.24 percentage points).
- Per Business Quant data, IBTA's EBIT Margin in the three quarters before Q2 2026 was -13.13% (Q1 2026), -1.85% (Q4 2025) and 2.84% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 5.62% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 34.00% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.62% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 77.68% |
| 10 | Ibotta | 929.36 Mn | 206.69 Mn | 69.72 Mn | -2.11% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.11% |
| Mar 31, 2026 | -13.13% |
| Dec 31, 2025 | -1.85% |
| Sep 30, 2025 | 2.84% |
| Jun 30, 2025 | 1.44% |
| Mar 31, 2025 | -3.31% |
| Dec 31, 2024 | 13.18% |
| Sep 30, 2024 | 21.00% |
| Jun 30, 2024 | -24.63% |
| Mar 31, 2024 | 19.32% |
| Dec 31, 2023 | 26.34% |
| Sep 30, 2023 | 12.75% |
| Jun 30, 2023 | 25.60% |
| Mar 31, 2023 | -1.63% |
Ibotta EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=IBTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "IBTA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=IBTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();