Ibotta (IBTA) EBITDA Margin (2023 - 2026)
Ibotta (IBTA) recorded EBITDA Margin of 1.68% in Q2 2026, down 2.60 percentage points from 4.28% a year earlier but up 11.34 percentage points from the prior quarter.
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Analysis
Ibotta (IBTA) EBITDA Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Ibotta's EBITDA Margin came in at -0.59% as of Jun 30, 2026, down 11.68 percentage points year-over-year; for FY2025, it was 2.18%, down 7.62 percentage points from FY2024.
- Annual EBITDA Margin has a three-year change of +18.32 percentage points (FY2022 to FY2025).
- Across earlier years, EBITDA Margin came in at 9.80% in FY2024 (-9.78 pp), 19.58% in FY2023 (+35.71 pp) and -16.13% in FY2022.
- Quarterly EBITDA Margin has ranged from -22.23% in Q2 2024 to 27.72% in Q2 2023 over the past five years.
- On a year-over-year basis, EBITDA Margin has declined for four consecutive quarters, with an average year-over-year change of -5.63 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 26.51 percentage points in Q2 2025, against a drop of 49.95 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.65% (Q1 2026), 0.93% (Q4 2025) and 4.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 34.18% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | - |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 35.76% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | - |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 79.37% |
| 10 | Ibotta | 929.36 Mn | 206.69 Mn | 69.72 Mn | 1.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.68% |
| Mar 31, 2026 | -9.65% |
| Dec 31, 2025 | 0.93% |
| Sep 30, 2025 | 4.33% |
| Jun 30, 2025 | 4.28% |
| Mar 31, 2025 | -0.75% |
| Dec 31, 2024 | 15.14% |
| Sep 30, 2024 | 23.16% |
| Jun 30, 2024 | -22.23% |
| Mar 31, 2024 | 21.64% |
| Dec 31, 2023 | 27.26% |
| Sep 30, 2023 | 15.67% |
| Jun 30, 2023 | 27.72% |
| Mar 31, 2023 | 1.17% |
API Access
Ibotta EBITDA 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=ebitda-margin&ticker=IBTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=IBTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();