Ibotta (IBTA) EBITDA Margin (2023 - 2026)
Ibotta (IBTA) posted EBITDA Margin of 11.25% for Q1 2026, down 2492.88% on a QoQ basis from 0.43% in Q4 2025, and down 908.0% year-over-year from 1.39% in Q1 2025.
Ibotta (IBTA) EBITDA Margin (2023 - 2026) Analysis & Trends
Ibotta's EBITDA Margin history runs 4 years deep, the most recent figure standing at 11.25% for Q1 2026.
- Quarterly EBITDA Margin fell 908.0% year-over-year to 11.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.29% (down 485.0% YoY) and the FY2025 annual result came in at 0.9%, down 779.0% from the prior year.
- EBITDA Margin was 11.25% for Q1 2026 at Ibotta, down from 0.43% in the prior quarter.
- Across five years, EBITDA Margin topped out at 26.99% in Q4 2023 and bottomed at 23.44% in Q2 2024.
- A 4-year average of 7.19% and a median of 3.61% in 2025 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2024 — EBITDA Margin tumbled 5003 bps — and 2025, when it soared 2610 bps.
- Ibotta's EBITDA Margin stood at 26.99% in 2023, then slumped by 48 bps to 14.09% in 2024, then sank by 103 bps to 0.43% in 2025, then tumbled by 2493 bps to 11.25% in 2026.
- Business Quant data shows IBTA's EBITDA Margin at 11.25% in Q1 2026, 0.43% in Q4 2025, and 3.61% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.05% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 14.56% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 21.08% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 4.06% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -22.99% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -23.45% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.26% |
| 10 | Ibotta | 633.81 Mn | 469.21 Mn | 63.03 Mn | -11.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.25% |
| Dec 31, 2025 | -0.43% |
| Sep 30, 2025 | 3.61% |
| Jun 30, 2025 | 2.66% |
| Mar 31, 2025 | -2.16% |
| Dec 31, 2024 | 14.09% |
| Sep 30, 2024 | 22.08% |
| Jun 30, 2024 | -23.44% |
| Mar 31, 2024 | 20.51% |
| Dec 31, 2023 | 26.99% |
| Sep 30, 2023 | 14.51% |
| Jun 30, 2023 | 26.59% |
| Mar 31, 2023 | -0.33% |