Ibotta (IBTA) EBT Margin (2023 - 2026)
Ibotta (IBTA) reported EBT Margin of 11.34% for Q1 2026, down 1191.0% on a YoY basis from 1.04% in Q1 2025, and down 4214.03% quarter-over-quarter from 0.28% in Q4 2025.
Ibotta (IBTA) EBT Margin (2023 - 2026) Analysis & Trends
Ibotta has reported EBT Margin for 4 years, with the latest figure at 11.34% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 1191.0% year-over-year to 11.34%; the trailing twelve-month figure through Mar 2026 stood at 0.0% (down 340.0% YoY), and the FY2025 full-year result was 2.88%, down 379.0% from the prior year.
- EBT Margin for Q1 2026 stood at 11.34%, down from 0.28% in the prior quarter.
- The five-year high for EBT Margin was 25.48% in Q3 2024, with the low at 34.15% in Q2 2024.
- Historically, EBT Margin has averaged 5.52% across 4 years, with a median of 6.31% in 2025.
- Annual changes were most pronounced in 2024 — EBT Margin plunged 5745 bps — and 2025, when it soared 3865 bps.
- Ibotta's EBT Margin stood at 22.41% in 2023, then fell by 23 bps to 17.28% in 2024, then tumbled by 98 bps to 0.28% in 2025, then plunged by 4214 bps to 11.34% in 2026.
- The last three EBT Margin figures came in at 11.34% (Q1 2026), 0.28% (Q4 2025), and 6.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -20.00% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 24.25% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.04% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 17.85% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 30.00% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Ibotta | 777.95 Mn | 613.36 Mn | 63.03 Mn | -11.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.34% |
| Dec 31, 2025 | 0.28% |
| Sep 30, 2025 | 6.31% |
| Jun 30, 2025 | 4.50% |
| Mar 31, 2025 | 0.57% |
| Dec 31, 2024 | 17.28% |
| Sep 30, 2024 | 25.48% |
| Jun 30, 2024 | -34.15% |
| Mar 31, 2024 | 15.06% |
| Dec 31, 2023 | 22.41% |
| Sep 30, 2023 | 9.15% |
| Jun 30, 2023 | 23.30% |
| Mar 31, 2023 | -7.14% |